Capital Markets Specialist I

Join a winning team of innovative thinkers, seasoned mortgage professionals, and financial experts. Build your career at Planet—recognized as a Top Mortgage Employer by National Mortgage Professional.

Job Summary

The Loan Delivery Specialist provides support for the Capital Markets Department. Specifically, the Specialist will be primarily responsible for all conventional loan delivery to the GSEs and other investors as well as ensuring the timely purchase of such loan by the investors.

Essential Duties and Responsibilities

• Uploads collateral data to Fannie Mae, Freddie Mac and other investors via various Loan Delivery Systems. This requires a thorough understanding of Planets loan origination systems.
• Clears credit eligibility edits to ensure a successful and timely delivery. This requires close communication with other departments within Planet, such as Underwriting and Closing.
• Manages commitment pipeline and reconciles position with investors. Monitors for loans requiring extension and provides updates to senior management on expected loan purchase dates and dollar amounts (for critical cash management purposes).
• Reconciles purchase advices to ensure the expected price is received from the investor. Updates the Loan Origination Systems with Key data regarding the loan delivery process.
• Performs miscellaneous tasks as required and that typically require a working knowledge of MS Excel.

Position Requirements

Education

• Bachelors degree in business, information systems, accounting, or finance/economics, or equivalent work experience is required
• High school diploma or equivalent required

Experience

• Some experience in Mortgage Capital Markets, Post Closing or Underwriting required.
• Familiarity with mortgage-based Loan Origination Systems preferred

Functional/Technical Skills

• Proficiency in MS Office with strong Excel
• Strong attention to detail and organizational skills
• Ability to work independently, meet deadlines and maintain focus in a fast-paced environment
• Demonstrated strong interpersonal skills and the ability to interact effectively across several departments

Environmental/Physical Demands

Work is typically performed in a standard office environment. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to sustain predictable work attendance, communicate with others, frequently required to stand, walk, sit, and use arms, hands and fingers to reach, handle or touch. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, and ability to adjust focus.

Pursuant to the Americans with Disabilities Act, reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This job description is not designed to cover or contain a comprehensive listing of all activities, duties or responsibilities that are required of an employee. The Company reserves the right to amend or modify this document at any time and without notice.

Benefits

Our benefits package includes 3 comprehensive Cigna or Kaiser medical plans, dental, and vision insurance. We provide short term and long-term disability insurance, basic life insurance, 401(k), and 10 employer paid holidays. In addition, we offer supplemental benefits to include life insurance, critical illness and accident plans.