Join to apply for the Senior Lock Desk Analyst role at Fay Financial
1 week ago Be among the first 25 applicants
Join to apply for the Senior Lock Desk Analyst role at Fay Financial
Get AI-powered advice on this job and more exclusive features.
Founded in 2008, The Fay Group is a diversified real estate services company offering a complete range of home ownership products and services to include mortgage servicing, property renovations, property management, realty, business purpose lending, and insurance to homeowners, investors, and clients nationwide. We consider the people behind those mortgages and work hard to give them the best opportunity to stay in their homes by providing solutions to navigate the challenges of homeownership while working toward their long-term financial goals.
Join Us on Our Journey
We are currently looking for a Senior Lock Desk Analyst to join our team.
Reporting to the VP, Secondary Marketing, Capital Markets, this position is responsible for playing a key role in overseeing and optimizing lock desk operations within the mortgage loan origination process. This role manages complex rate lock scenarios, leads pricing strategy implementation, and ensures data integrity across systems. This position provides advanced analysis to support pipeline hedging and To-Be-Announced (TBA) mortgage-backed securities (MBS) management, contributing to risk mitigation and enhanced secondary market execution.
Additionally, this position drives process improvements, ensures compliance with investor and regulatory guidelines, and collaborates cross-functionally to support leadership and business objectives. This role requires deep expertise in Optimal Blue and Encompass systems, as well as a comprehensive understanding of Agency, Government, and Non-Agency loan programs.
Qualifications include:
- Bachelor’s Degree in Finance, Economics, or related field (or equivalent combination of years of experience with High School Diploma/ GED) required
- 4+ years’ experience in the mortgage industry, secondary marketing, pricing, or loan processing
- Advanced knowledge and experience with Optimal Blue and Encompass required
- In-depth knowledge of loan products (Conventional, FHA, VA, Non-QM) and investor guidelines
- Experience with hedging and trading TBA MBS highly preferred
- Proven experience leading and performing in a high-volume, fast-paced work environment
- Advanced skills and experience in MS Word, Excel, and Outlook
- Strong verbal and written communication skills
- Strong interpersonal skills; ability to train and effectively share information with others
- Strong analytical skills
- Solid decision-making abilities coupled with sound judgment
- Strong time management skills
- Ability to prioritize numerous tasks and manage shifting priorities
- Client-focused with strong execution skills and results orientation
- High level of precision with attention to detail and consistency
- Flexible, open to change, and able to learn new things quickly
- Ability to work in a collaborative environment and provide guidance for working groups
Featured Benefits
- Medical, Dental and Vision Insurance
- Company Paid Life Insurance
- Disability Insurance
- Pet Insurance
- 401k Program with Employer Matching
- 3 Weeks Paid Time Off (PTO)
- Paid Holidays
- Wellness Initiatives
- Employee Assistance Program
- The hiring range for this position is between $75,710.00-$92,000.00 annually
- This position is eligible for an annual discretionary bonus
At Fay, we believe that the best ideas come from having a team that is diverse in backgrounds, experiences, and perspectives. We strive to ensure each of our employees feels valued, respected, and included, and is presented with equal opportunities to be successful. Fay is an equal-opportunity workplace. The Fay Group and affiliated companies participate in E-Verify. For more information, go to
Seniority level
Seniority level
Mid-Senior level
Employment type
Employment type
Full-time
Job function
Job function
Business Development and Sales
Referrals increase your chances of interviewing at Fay Financial by 2x
Sign in to set job alerts for “Senior Analyst” roles.
Senior Analyst, Strategy & Business Insights
Chicago, IL $87,050.00-$108,810.00 1 week ago
Chicago, IL $68,640.00-$99,320.00 1 day ago
Senior Analyst, Customer Loyalty & Insights
United States $96,000.00-$132,000.00 1 week ago
Chicago, IL $95,000.00-$130,000.00 1 week ago
Senior Analyst Market Research & Insights
Chicago, IL $79,300.00-$127,000.00 1 week ago
Chicago, IL $79,800.00-$103,966.00 1 week ago
Senior Business Data Analyst (multiple openings) - IHM
Senior Analyst, Product Growth - Rewards Growth
Chicago, IL $84,500.00-$140,250.00 1 week ago
Senior People Systems Analyst, Reporting & Security (Workday)
Chicago, IL $111,000.00-$125,000.00 2 weeks ago
Chicago, IL $94,000.00-$156,200.00 1 month ago
Senior Marketing Analyst- Data & Reporting
Lisle, IL $100,000.00-$120,000.00 2 weeks ago
Senior Analyst, eCommerce Growth & Ancillary Revenue
Chicago, IL $104,000.00-$130,000.00 2 weeks ago
Senior Workday Technical Systems Analyst - Payroll & Reporting (Hybrid)
Greater Chicago Area $79,292.00-$114,533.00 2 weeks ago
Chicago, IL $85,000.00-$95,000.00 2 weeks ago
Senior Business Analyst - Digital Products
Chicago, IL $79,800.00-$103,966.00 4 days ago
Chicago, IL $84,500.00-$140,250.00 1 week ago
Schaumburg, IL $120,000.00-$140,000.00 1 month ago
Greater Chicago Area $85,000.00-$100,000.00 2 weeks ago
Fully REMOTE: Senior Audit Accountant role
Chicago, IL $90,000.00-$105,000.00 2 weeks ago
Chicago, IL $110,000.00-$135,000.00 1 month ago
Analyst, Headcount Strategy & Operations
Chicago, IL $87,700.00-$132,000.00 1 day ago
Chicago, IL $60,000.00-$110,000.00 1 month ago
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr