Pricing Lead, Home Lending

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The role

The Home Lending Pricing Lead will be a key member of SoFi’s fast-growing Home Loans team and will serve as the primary point of contact for our business unit on all matters related to pricing.

What you’ll do:

• Be responsible for Pricing of Home Lending products (Home Loans and Home Equity)

• People management responsibilities for 1-2 people

• Contribute to overall home lending business strategy and financial forecasting 

• Collaborate with the Business Unit Leader in Home Lending to manage pricing margins, provide insights into the competitive landscape and ensure pricing is in line with targets and profitability expectations

• Identify opportunities for automation and platform improvements and lead efforts to realize them

• Support day-to-day operations including daily rate sheets, lock, extension and exception processing

• Coordinate with Capital Markets to ensure best execution and enhance secondary market capabilities

• Develop reporting to assist in pipeline management and competitive analytics

• Develop and maintain lock desk policies and procedures and training materials

• Represent Pricing in front of internal stakeholders (lock desk, credit risk, capital markets, marketing, finance) and external vendors

What you’ll need:

• 7+ years of mortgage pricing/ Secondary market experience.

• Familiarity with Pricing Engines and Loan Operating Systems (Optimal Blue)

• Solid knowledge and understanding of mortgage loans, programs, and pricing processes and procedures

• Excellent analytical and communication skills

• Ability to work on multiple concurrent efforts in various capacities

• Ability to work independently and collaboratively

Nice to have:

• Experience leading a pricing/ secondary/ lock desk at a National Mortgage Company or Federally Chartered Bank

• Coding knowledge like SQL, VBA/Macro

• Bachelor’s degree in Finance, Economics, Math, or other quantitative discipline

Compensation and Benefits The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidate’s experience, skills, and location.    To view all of our comprehensive and competitive benefits, visit our Benefits at SoFi page!

SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law.

The Company hires the best qualified candidate for the job, without regard to protected characteristics.

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

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