This individual is responsible for developing and managing products for the Mortgage Industry Standards Organization (MISMO). MISMO is the standards organization for the mortgage industry. MISMO is a 501(C)(6) subsidiary of the MBA. He/she will exhibit the skills necessary to act as the executive of a large, member-based organization. He/she will be accountable to the senior officers of the organization and to the MISMO Board of Directors. He/she will have responsibility for ensuring that new products are developed that meet the needs of the mortgage industry while ensuring that they provide sufficient revenue to support all activities of the organization. He/she should have a solid understanding of mortgage origination and servicing practices, data, and standards as well as broad knowledge regarding the structure of the mortgage industry.
This individual will have new product development experience, along with a blend of management, business, data and technology expertise. The individual must also be able to provide leadership and guidance to individuals working at many companies across the entire mortgage industry.
Generate ideas for products that serve the needs of the broad mortgage industry
Conduct regular discussions with individuals from all facets of the industry to identify problematic areas
Develop ideas for solutions to industry problems
Properly vet ideas with industry experts
Maintain a continually evolving list of product ideas
Develop business case for products
Document the impact of the proposed product on affected groups
Determine the likelihood of adoption
Identify additional collateral necessary for adoption
Determine appropriate product pricing that generates sufficient revenue while ensuring broad adoption
Recommend initiation of development for financially viable products
Oversee the development of selected products
Select and manage resources to develop the products
Ensure products are delivered in a timely manner
Ensure products are successfully introduced to the industry
Manage Product Rollout
Develop and execute effective marketing and communications plans
Maintain existing products
Develop industry resources to provide feedback to ensure that products continue to meet industry needs
Update and issue revisions to products as necessary
Coordinate activities with the AVP of Industry Standards
The ideal candidate will possess:
Significant experience with product development and management
A blend of business, data and technology experience
Experience interfacing with all levels of an organization
Experience in the mortgage industry or related industry technology
Strong communications skills, both written and verbal, and interpersonal skills. The position requires daily contact with key MISMO, MBA and other customers.
Ability to work independently and manage multiple assignments and competing priorities
Undergraduate degree combined with 15 plus years of related experience. Relevant graduate degree may be used to offset some of the direct work experience requirements.
All qualified applicants will receive consideration for employment without regard to race, sex, color, religion, sexual orientation, gender identity, national origin, protected veteran status, or on the basis of disability.
About Mortgage Bankers Association
Headquartered in Washington, D.C., the Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry. As an organization, we are committed to providing our members with unmatched value and unparalleled benefits. In doing so, we recognize that our most valuable resource is our employees. We have developed a positive and progressive culture, actively encouraging every MBA staff member to commit to our strategic objectives, to develop their own abilities and to share in our success. Recognition for individual and professional achievement at the Mortgage Bankers Association is a must and reinforced by a competitive benefits program and career growth opportunities.