What are the responsibilities and job description for the (FT) VP of Mortgage Lending position at ALLEGIANCE CREDIT UNION?
Vice President of Mortgage Lending
Full-Time
Role :
TheVice President of Mortgage is a leadership role responsible for overseeing thestrategic direction and management of the mortgage department. To lead thedevelopment and execution of mortgage-related products, production, services,and strategies to drive revenue growth, operational efficiency, and excellentmember service. The Vice President of Mortgage will work closely with seniormanagement, regulators, and other key stakeholders to ensure compliance,profitability, and market competitiveness in order to meet credit union goalsand objectives. Attendance is an essential function of performing the duties ofthis job.
EssentialFunctions & Responsibilities :
30% - Directs and overseesday-to-day operations of the mortgage department, ensuring prompt response onapplications, seamless processing, underwriting, and closing of mortgage loans.Develop and maintain high operational standards and efficiency to ensure timelyand accurate delivery of mortgage products and services, fostering innovationand technology adoption to improve member experience. Keeps management apprisedof emerging products that would benefit members needs and the credit union.
25% - Build and lead ahigh-performing production team, providing guidance, mentoring and support. Setperformance targets and conduct regular performance measures to ensure teamalignment with credit union goals.
20% - Trains and developsstaff within the department to ensure the team is well-equipped to meet marketdemands and regulatory changes; participates in hiring new employees andrecommends promotions / transfers and salary adjustments. Evaluates operationsstructure and team for continual improvement in areas of efficiency andeffectiveness. Ensure the department consistently delivers exceptional serviceto members, resolving issues and improving satisfaction.
10% - Develops and maintainsknowledge of the secondary market to ensure portfolio pricing, productrelevance, profitability, and business risk. Keeps abreast of secondary marketrequirements as well as changes affecting compliance and regulations.
10% - Interviews,underwrites, approves, and closes and service loans.
5% - Performs other relatedduties as assigned.
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