Secondary Marketing Delivery Specialist

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you.

Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process.

Responsible for the timely delivery of loan commitments to secondary market investors and accurate gain/loss is reflected for all loans sold. Position is responsible for ensuring that loan delivery system is properly mapped to all investors to minimize lender reconciliation items that can cause delays in funding of commitment and findings during audits. Respond to questions from Sales managers, Loan Officers, and third party originators regarding loan programs, lock policies, extension requests and review exceptions to pricing.

Job Accountabilities

• Fulfill loan commitments to investors including Freddie Mac, Fannie Mae, and Federal Home Loan Bank Chicago by utilizing investor computer software to electronically transmit loan delivery data and delivering collateral to documents custodian to ensure that all loans are delivered timely and accurately. Assist Secondary Marketing Supervisor with extensions and renegotiations of rate commitments by determining appropriate and strategic price options, which satisfy both the originating source and borrower, as well as maintains company productions and profitability.
• Maintain settlement data in Secondary Market Risk System for all loans by verifying pricing and investor purchase advice with commitment to ensure that accurate gain/loss is reflected for all loans sold.
• Export XML Early Check file from Secondary Marketing Risk System to identify potential eligibility and data quality issues prior to loan delivery.
• Responsible for ensuring XML delivery file from Secondary Marketing Risk is mapped correctly and in the appropriate formatting, and assist secondary marketing manager in ongoing development/maintenance. Including using SQL to code conversion changes.
• Create and run queries in Secondary Market Risk System and export reports for Secondary Marketing and other departments.
• Executes best effort trades and loan level mandatory trades with investors by phone or computer under the direction of secondary marketing supervisor.
• Assist with pricing model updates, pricing distribution, report generation, and daily activities of the secondary marketing trading analyst.
• Assist with the pooling of mortgage loans to fulfill secondary market investor trades.
• Negotiate with Primary Investors on “one-time” exceptions for products that are outside allowable contract guidelines.
• Work with production group, post closing, and investors for resolutions on loans that are determined unmarketable.
• Assist in creating and rolling out new mortgage products for all channels of the business.

Education

• Associate's Degree or equivalent combination of education and experience Required

Experience

• Less than 2 years Mortgage Business with knowledge of FNMA, FHLMC, FHA, and VA products Required

In addition to core traditional benefits, we take pride in offering benefits for every stage of life. 

• Retirement savings including both 401(k) and Pension plans. 

• Paid time off to volunteer in your community. 

• Opportunities to connect with others through our diversity-focused Colleague Resource Groups. 

• Competitive salaries with professional development and advancement opportunities. 

• Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.  

• Personal banking, loan, investment and insurance benefits. 

Associated Bank serves more than 120 communities throughout Wisconsin, Illinois and Minnesota and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest. Join our community on Facebook, LinkedIn and X. 

Compliance Statement

Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR.

Responsible to report ethical concerns as needed to Associated Bank’s anonymous Ethics Hotline.

Associated Bank provides additional assistance throughout the application, interview and hiring process. Please contact leavesandaccommodations@associatedbank.com if you need an accommodation at any time during the process.

Associated Banc-Corp is an Affirmative Action and Equal Opportunity Employer. Associated Banc-Corp participates in the E-Verify Program. E-Verify Notice English or Spanish. Know Your Right to Work English or Spanish.

Associated Bank is Pay Transparency compliant.

The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications for the role.

$17.00 - $28.09 per hour