First Busey Corporation

Mortgage Loan Services Manager

First Busey Corporation$75K — $115K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or 6 years of related financial services experience
  • Minimum of 7 years leadership experience
  • Strong oral and written communication skills
  • Extensive knowledge of corporate policies and financial regulations
  • Solid project and time management skills

Responsibilities

  • Develop and maintain procedures for investor loan processing
  • Ensure compliance with laws and regulations in processing activities
  • Oversee performance reviews and provide mentoring for team members
  • Foster relationships between mortgage and retail lending lines
  • Monitor key performance metrics and staffing models
  • Implement corrective actions for underperforming associates
  • Lead integration activities with minimal disruptions

Benefits

  • 401(k) match and profit sharing
  • Employee stock purchase plan
  • Paid time off
  • Medical, dental, and vision insurance
  • Company-paid life insurance and long-term disability
  • Wellness incentives and employee assistance program
Full Job Description
Position Summary
The Mortgage Loan Services Manager is responsible for management of the Mortgage support division of Enterprise Loan Services. This role is responsible for the implementation and annual review of departmental procedures to ensure compliance with applicable laws and regulations in a client service-oriented manner. The position provides oversight over performance metrics to ensure accurate completion of Investor loan processing, customer transaction processing, financial reporting, risk mitigation and compliance. The Manager effectively oversees direct leaders and indirect reports within the Mortgage team to achieve high quality service in line with Busey's standards.

Duties & Responsibilities
  • Develop, document and maintain procedures related to Investor loan processing and mortgage loan servicing
  • Maintain strong working knowledge of existing laws and regulations by incorporating adequate controls within processing activities to mitigate audit and regulatory findings
  • Effectively manage direct and indirect reports ensuring timely completion of performance reviews, provide mentoring and coaching to enhance the performance and development of associates.
  • Develop and maintain strong working relationships with Mortgage and Retail lending lines of business. Coordinate actions to create positive outcomes that support growth, efficient processing, and positive customer service experiences.
  • Develop and monitor key performance metrics to measure service performance of functions and aid in analysis of staffing needs within the team.
  • Develop and implement corrective action to improve performance of associates that are not meeting established minimal acceptable performance standards.
  • Maintain extensive knowledge of industry trends with a proactive approach to incorporating changes into processes, procedures, and technology with a focus on improving process efficiency and straight through processing.
  • Participate in activities related to bank and system integrations ensuring minimal disruptions to customer service and ensuring accuracy of data throughout the process.
  • Maintain knowledge of accounting requirements related to financial reporting for mortgage loans. Ensure accurate reporting of financial data and timely and accurate clearing of reconciling items.


Education & Experience
  • Knowledge of:
    • Strong oral and written communication skills with a high level of collaboration amongst peers.
    • Extensive knowledge of Corporate policies and procedures: CIP, Red Flag, FCRA, Reg Z, RESPA, USA PATRIOT ACT, etc.
  • Ability to:
    • Demonstrate solid project and time management skills.
    • Develop new procedures and approaches to solve problems.
    • Multi-task and work independently in a fast paced, growing company
    • Make independent decisions for which there are not always precedents.
    • Establish and maintain collaborative partnerships at all levels throughout the organization.
  • Education and Training:
    • Minimum of 6 years related experience in the financial services industry, specializing in Loan Operations
    • Requires a minimum of 5 years leadership experience.


Compensation and Benefits

Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.

(Base Pay Range: $75,000 - $115,000year)

Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being-now and in the years to come-are important to us. Busey's Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.

About First Busey Corporation

First Busey Corporation is a financial holding company headquartered in Champaign, Illinois. Busey Bank, the wholly-owned bank subsidiary of First Busey Corporation, is also headquartered in Champaign, Illinois and has twenty-eight banking centers serving Illinois, thirteen banking centers in the St. Louis, Missouri metropolitan area, five banking centers serving southwest Florida and a banking center in Indianapolis, Indiana. Through its subsidiaries, Busey Bank provides a full range of banking, mortgage, investment, wealth management, and cash management services to individuals, businesses, and institutional customers. As of December 31, 2019, First Busey Corporation had total assets of $10.67 billion, total loans of $7.57 billion, total deposits of $8.87 billion and total shareholders' equity of $1.23 billion. The company's common stock is traded on the NASDAQ stock exchange under the symbol BUSE.
Learn more about First Busey Corporation
Size
1,463 employees
Market Cap
$1.3 billion
Industry
Net Income
$100.3 million
Founded
1946
5 Year Trend
+12.6%
NASDAQ

Similar Jobs

More Jobs at First Busey Corporation

More Finance & Insurance Jobs

Find similar Mortgage Loan Services Manager jobs: