Mortgage Branch Manager II

Cornerstone Capital Bank

$95K — $115K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in mortgage lending or a related field
  • Proven track record in sales and business development
  • Strong leadership capabilities with experience in managing direct reports
  • Excellent communication and interpersonal skills
  • In-depth knowledge of mortgage compliance and regulations

Responsibilities

  • Oversee and direct overall profitability and operational objectives of the center
  • Recruit, hire, and develop top talent in the mortgage industry
  • Set and control budgets and income goals in line with company policies
  • Coach and motivate team members to achieve high production levels
  • Ensure compliance with federal, state, and company policies during loan origination
  • Conduct performance evaluations and provide continuous feedback to employees
  • Engage with referral sources through meetings and presentations
  • Actively originate loans and guide customers through the mortgage process

Benefits

  • Employee development and coaching opportunities
  • Supportive work environment promoting individual growth
  • Access to training on market conditions and mortgage products
  • Comprehensive employee benefits package
  • Equal opportunity employer supporting diverse backgrounds
Full Job Description
Responsible for the overall profitability by directing sales and business development, ensures that the center achieves its goals and meets operational objectives. Management and leadership duties include employee development, ongoing coaching and performance management. The Branch Manager also prepares for the continued growth of the center recruiting top talent in the market. Assist consumers in obtaining or applying to obtain a residential mortgage loan, including taking residential mortgage loan applications and offering or negotiating terms. Has two or more full-time direct reports.

1. Recruit, hire and train top talent in the market
2. Provide motivation and support to achieve maximum production levels.
3. Establish and control budget and income goals within company guidelines
4. Ensure goals and performance standards are met and communicated within the team.
5. Monitor the quality of loans originated and ensure all loans adhere to compliance regulations with federal , state, regulatory and company policy and procedures
6. Coach, motivate, train, lead, and conduct performance evaluations
7. Conduct meetings and presentations with referral relationships
8. Personally Originate Loans

a. Take customer loan applications, which includes collecting asset/income information
b. Analyze customer financial information to determine customer qualification for various loans
c. Act as a mortgage loan advisor to customer base and discuss available options and products
d. Monitor and manage work flow to ensure timely closings
e. Define and manage customer expectations of the loan process
f. Maintain product knowledge and stay up-to-date on changes to market conditions
g. Negotiate rates and terms
h. Establish and maintain relationships with referral sources and respond to and follow up on leads
i. Market, service, and promote the Company's loan products

What we offer:

Because we recognize and reward hard work, we offer a competitive salary, Medical, Dental, Vision, , Accidental Death, Long-Term Disability, Short-Term Disability, FSA, HSA, 401K, Basic Life, Voluntary Life, and Paid Parental Leave benefits, as well as the opportunity for a performance based bonus based on position and department.

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