First Colony has been opening doors for homeowners since 1984. What started as a single-minded commitment to making homeownership more accessible has grown into one of Utah’s most recognized mortgage and home services companies – and we’re just getting started.
But what really sets us apart isn’t our track record. It’s our culture. At First Colony, we believe that creativity fuels great work – and that creativity thrives when people feel free to be themselves. We love music in all its forms, and we celebrate the individual tastes that make our team unique. That same spirit of authenticity and expression shapes how we show up for our customers – with clarity, creativity, and genuine care.
We’re not just a mortgage company. We’re a team of people who love what they do, take pride in doing it well, and believe that the best work happens when you bring your whole self to the table.
Position Summary
The Senior Analyst, Optimal Blue Administration is responsible for the configuration, maintenance, testing, and support of the Optimal Blue platform. This role serves as the primary subject matter expert for Optimal Blue and is responsible for maintaining investor products, eligibility rules, pricing adjustments, compensation plans, branch configurations, and system integrations. The ideal candidate is detail-oriented, technically proficient, and capable of managing platform enhancements, troubleshooting issues, and supporting business initiatives across multiple departments.
Key Responsibilities
- Serve as a primary administrator and subject matter expert for the Optimal Blue platform.
- Configure and maintain investor products, eligibility rules, pricing adjustments, compensation plans, and branch pricing within Optimal Blue.
- Coordinate testing and implementation of new products, investors, system enhancements, and Optimal Blue releases.
- Troubleshoot pricing, eligibility, lock, and integration issues between Optimal Blue, Encompass, and related systems.
- Partner with business stakeholders and Optimal Blue support to resolve issues and implement platform improvements.
- Maintain product pricing and margin configurations within Optimal Blue and related pricing systems, including updates to investor products, rate sheets, adjustment grids, and pricing strategies.
- Monitor pricing engine performance, identifying and resolving pricing, eligibility, and lock-related discrepancies.
- Assist in executing margin strategies by applying pricing adjustments at the loan, product, branch, or channel level.
- Collaborate with Secondary Marketing, Lock Desk, Product Development, and Operations teams to resolve pricing inquiries and support business initiatives.
- Support compliance with investor and regulatory guidelines by maintaining accurate and up-to-date system rules.
- Assist with pricing audits, margin tracking, and competitive benchmarking.
- Document procedures and maintain organized records to support transparency and audit readiness.
Qualifications
- Bachelor’s degree in Finance, Accounting, Business, or related field.
- 2–4 years of experience administering or supporting the Optimal Blue platform, including product configuration, eligibility rules, pricing adjustments, compensation plans, and investor setup.
- Experience administering or supporting mortgage product and pricing engines (e.g., Optimal Blue, Arive, LoanSifter, or similar platforms).
- Understanding of mortgage pricing, product eligibility, rate sheets, and investor guidelines.
- Familiarity with retail and wholesale loan origination processes.
- High attention to detail with strong organizational and analytical skills.
- Ability to work independently, manage multiple projects, and support implementation timelines.
- Strong interpersonal skills and a willingness to learn and grow within the team.
Skills
- Optimal Blue Administration – Experience configuring investor products, eligibility rules, pricing adjustments, compensation plans, branch settings, and product implementations within Optimal Blue.
- Microsoft Excel – Intermediate to advanced skills, including formulas, lookups, and rate sheet formatting.
- Loan Origination Systems (LOS) – Familiarity with Encompass or similar systems.
- Problem Solving – Ability to investigate and resolve pricing, eligibility, system, and integration issues with minimal supervision.
- Communication – Clear and concise communication with internal stakeholders and investor partners.
- Documentation – Ability to maintain procedural documents and audit logs.
- Time Management – Ability to manage multiple priorities, implementation timelines, testing efforts, and platform enhancement projects.
Pay: $71,000.00 - $85,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Experience:
- Optimal Blue Platform: 2 years (Required)
- supporting mortgage product and pricing engines: 2 years (Required)
Work Location: Remote
