What are the responsibilities and job description for the Mortgage Division Manager position at Bank Of The Plains?
Job Purpose: Oversees and manages the mortgage loan division from the application to closing phase to ensure that the bank is compliant with all investor, regulatory and bank policies.
Essential Functions include the following. Other duties may be assigned.
1. Oversees all aspects of the Bank’s mortgage lending activities, including production, operations, secondary marketing, quality control, and compliance.
2. Achieve the mortgage division’s financial performance and profitability goals.
3. Uses the MBA peer information measure efficient and cost-effective systems. Training is key to our strategy and an effective training program for staff is required.
4. Researching innovative systems to make our mortgage group financially valuable asset of the bank.
5. Collaborate with the Chief Credit Officer and the Chief Financial Officer to develop a Loan Pricing Model that is consistent with the bank’s profitability goals and is Board approved.
6. Maintains high credit quality standards for the Bank’s mortgage lending products.
7. Ensures compliance with all applicable laws and regulations.
8. Develop a model to onboard and train new Mortgage Loan Officers of the bank, to share the divisions goals and expectations.
9. Develop strategic initiatives and strategic relationships to expand the Bank’s mortgage lending activities, including acquisitions of other lending platforms and other lending teams.
10. Interact with the Bank’s other lending executives to develop any cross-selling opportunities.
11. Represents the Bank with industry groups and industry conferences.
12. Maintains good working relationships with regulatory agencies and investors.
13. Design and maintain a division organization chart that is scalable to grow with the division, so that proper staffing is maintained.
Qualifications and Requirements:
Bachelor's degree and at least five years of previous loan administration or mortgage loan administration experience; or equivalent combination of training and experience.
Experience with Encompass and FHLB's Mortgage Partnership Finance Program.
Job Type: Full-time
Pay: $85,000.00 - $100,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
Education:
- Bachelor's (Required)
Experience:
- Loan Administration or Mortgage Administration: 5 years (Required)
- Encompass: 1 year (Required)
- FHLB's Mortgage Partnership Finance Program: 1 year (Required)
Ability to Relocate:
- Salina, KS 67401: Relocate before starting work (Required)
Work Location: In person
Salary : $85,000 - $100,000