Position Description

President, MISMO
Location Washington, DC
Department Research and Industry Technology
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SUMMARY:

MISMO is a 501(C)(6) subsidiary of the MBA dedicated to the development of standards for the mortgage industry.  This individual will be the executive responsible for managing all activities of the Mortgage Industry Standards Maintenance Organization (MISMO).  This includes overseeing daily operational activities, new product development, being the primary point of contact for the MISMO Board and ensuring the financial stability of the organization.  He/she will be accountable to the president of the organization and to the MISMO Board of Directors.  He/she should have significant experience in and knowledge of mortgage origination and/or servicing practices, data, and standards as well as broad knowledge regarding the structure of the mortgage industry.  

This individual will have a blend of executive management, communications/marketing, product development, and technology expertise.  The individual must be able to interact easily with executive leaders at organizations across the entire mortgage industry.

PRIMARY RESPONSIBILITIES:

  • Serve as executive officer for the organization
    • Oversee all operations of the organization
    • Set strategy in concert with the MISMO Board of Directors and other across the industry
    • Deliver products that meet the needs of the industry
    • Ensure the financial stability of the organization. 
  • Engage with the MISMO Board and senior leaders of MBA to determine the strategic direction of the organization
    • Maintain constant awareness of the evolving needs of the industry and ensure that the organization is focused on the most important needs
    • Arbitrate views and perspectives from the industry to develop a coherent direction for the organization
    • Evolve the organizational structure as necessary to ensure that it meets the needs of the industry
  • Expand the visibility and influence of MISMO in the mortgage ecosystem
    • Ensure that MISMO effectively communicates the value of its activities and products across the mortgage ecosystem
    • Maintain regular communications with key industry leaders and influencers
    • Engage with other organizations (e.g. lenders, vendors, GSEs, and government agencies) as necessary to advance the development and adoption of the standards
    • Represent the interests of the organization by speaking at conferences and other events
  • Expand MISMO membership
    • Ensure that MISMO membership reflects all activities in the mortgage ecosystem
    • Grow membership to ensure that MISMO represents a wide swath of the industry
    • Communicate effectively to ensure that members appreciate the benefits of membership
  • Ensure that governance of MISMO is effective to meet the needs of the industry
    • Ensure that the MISMO Board of Directors represents the full mortgage ecosystem and provides appropriate oversight to the organization
    • Ensure that processes that exist to manage the development of standards are followed, resulting in widespread adoption of the standards

SPECIFICATIONS:

The ideal candidate will possess:

  • Executive management experience
  • Excellent communications skills
  • Exceptional interpersonal skills due to the external focus of this role. The position requires daily contact with key MISMO, MBA and other customers.
  • Experience leading efforts with participants who may have different objectives
  • Experience effectively leading and interacting with others at all levels of an organization
  • Experience in the mortgage industry or related industry technology
  • Undergraduate degree combined with 20 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.

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