What are the responsibilities and job description for the Mortgage Lending Manager position at QNBT?
Manages all Mortgage Banking activities for Queensborough National Bank. Responsible for developing new business, underwriting, structuring and the closing of mortgages, as well as maintaining and servicing an existing portfolio. The position requires a person with excellent collaboration, communication, leadership, and partnering skills in assisting customers, managing customer relationships, and maintaining efficient operational processes.
Key Responsibilities
- Manages the bank’s mortgage lending portfolio, ensuring regulatory compliance, and monitoring all processing.
- Originating investment quality mortgage loans (FHA, VA, conventional, non-conforming) by selling mortgage lending products and services to the realtor and home builder communities.
- Packages loans for secondary market. Ensures standards are met and provides reports to management on Key Performance Indicators.
- Servicing mortgage referrals from banking centers.
- Directs team of originators and mortgage loan processors. Reviews and establishes best practices for processing home mortgage loans.
- Ensures maintenance of consistent file management, documentation and loan administration processes.
- Maintains private mortgage insurance, FHA, life and accident/health insurance coverage for mortgage loans. Informs customers when private mortgage insurance is removed from loan contract.
- Advises customer when mortgage is paid off, sold or cancelled. Ensures paperwork and other documentation related to closing a mortgage loan is processed timely.
- Processes Federal Housing Administration Insurance for payment and completed reports for the Department of Housing and Urban Development.
- Champions continuous process improvement to gain operating efficiencies within the mortgage banking department.
