Join the company defining what it means to be an Impact Lender!Mortgages are what we do, but that doesn't define who we are. In 2008, Movement disrupted the industry with the innovative 6-7-1 mortgage process. In 2023, we pioneered again, helping launch Impact Lending - a new category of lending. Any mortgage lender that commits at least 10% of its profits to helping the neighborhoods it serves is an Impact Lender.At Movement, we are Impact Lenders. We give 40%-50% of our profits to making an impact in our communities. For us, purpose and people have always come before profit.Ready to disrupt the mortgage industry with us as a
Product Development Specialist? Then we think it's time to #joinMovement
What You Need to Know- Designs, develops and implements new mortgage products
- Proficient in mortgage product document, disclosure, and fee testing practices
- Identifies enhancements required for existing mortgage products to increase competitiveness or profitability of product offerings
- Evaluates investor product offerings and competitor information
- Ensures product offerings are always within investor standards so that loans carry the highest level of marketability and liquidity
- Presents new product ideas and obtains key leadership buy-in for the development and addition of all new product offerings
- Effectively engages partners in other departments (Legal, Credit Risk, Compliance, Fair Lending, QC, Post Closing, etc.) in the product development process to ensure parameters are within risk tolerances and department specific needs or issues associated with new or enhanced product are identified
- Identifies enhancements needed for processes, Loan Origination systems, Pricing engines, and Document vendor interfaces to support new or enhanced product offerings
- Applies system updates for product and eligibility rules within Loan Origination System
- From time to time, creates materials related to new product offerings including product profiles, underwriting guidelines, new product announcements, and training presentations
What We Are Looking For- 5+ years of mortgage experience with solid knowledge of program guidelines and secondary market requirements
- Excellent verbal and written communication skills
- Strong analytical skills with attention to detail
- Strong organizational skills with ability to appropriately prioritize assigned tasks
- Proficient with Microsoft Outlook, Excel, and Word software application
- Bachelor's Degree in business, finance, or related fields preferred
The expected salary range for this position is between:$79,100.00 - $96,700.00The range for the position in other geographies may vary based on market differences. The actual compensation will be determined based on experience and other factors permitted by law.
We also offer a benefits package that includes:- Competitive pay
- Benefits Offered: Medical, Dental, Vision, Life, Disability, Critical Care, Hospitalization, HSA, FSA, DCFSA and QTE
- Retirement plan: 401(k) and Roth
- Paid Time Off: 16 days front loaded. Prorated based on the start date month
- 11.5 paid holidays per year
- Employee assistance program
- Excellent career growth opportunity
- Fun, team-focused working environment
- Employee driven community outreach program
- Relocation packages available
The application window is anticipated to close on:November 4, 2024We're definitely not your average mortgage company. When you're ready to grow your career AND your impact, we're ready for you. We're also one of the nation's top lenders and are redefining corporate culture. We work hard, we have fun, we invest in our people and we make a difference. Sound like a plan? Good. Learn more at www.movement.com.