What are the responsibilities and job description for the Portfolio Manager - Mortgage Warehouse position at Bank of the Sierra?
JOB SUMMARY
The Mortgage Banker Finance Portfolio Manager, Long Dwell Products, is responsible for effective and efficient credit and risk management of the Mortgage Banker Finance portfolio of products with over 120 days of dwell time. This role involves monitoring the performance of the long dwell portfolio, ensuring compliance with program guidelines and risk mitigation. The ideal candidate will have a strong background in mortgage lending, excellent analytical skills, credit recommendations, and the ability to work collaboratively with Mortgage Banker Finance operations and Credit Administration.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Portfolio Management : Continuous monitoring of the Mortgage Banker Finance portfolio, ensuring timely and accurate reporting.
- Compliance : Ensure compliance with Mortgage Banker Finance program guidelines.
- Risk Mitigation : Develop and implement strategies to mitigate risks associated with the Mortgage Banker Finance portfolio. Elevate any suspected credit quality issues in the long dwell portfolio.
- Client Relations : Maintain strong relationships with clients, addressing any concerns or issues promptly and professionally.
- Documentation : Oversee the preparation and review of loan documentation
- Team Collaboration : Work closely with other departments, including relationship management, operations, and credit, to ensure seamless portfolio management.
- Reporting : Prepare and present regular reports on portfolio performance to senior management.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Knowledge, Skills, and Abilities
EDUCATION AND EXPERIENCE
A bachelor's degree in finance, business administration, or a related field. A minimum of five years experience in the mortgage industry, with two years of mortgage underwriting background. Knowledge of current mortgage lending product guidelines, underwriting requirements, regulations, and compliance requirements.
PHYSICAL DEMANDS
The physical demands described herein are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit. The employee frequently is required to talk or hear. The employee is occasionally required to stand, walk, and reach with hands and arms. The employee must occasionally lift and / or move up to ten pounds. Specific vision abilities required by this job include close vision and ability to adjust focus.
WORK ENVIRONMENT
The work environment characteristics described herein are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually very quiet.
Bank of the Sierra is proud to be an equal opportunity workplace and is an affirmative action employer committed to equal employment opportunities regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.
