Paramount Residential Mortgage Group, Inc.

Retail Divisional Manager

Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Ten years or more of management experience in mortgage sales is preferred.
  • Minimum three years of related experience in the mortgage industry.
  • Strong leadership and communication skills.
  • Detail-oriented with excellent organizational and follow-through skills.
  • Proficient in MS Windows software.
  • Preferred Bachelor's degree in finance, business, or economics.
  • Willingness to travel as required.

Responsibilities

  • Recruit, hire, and train Branch Managers and licensed Mortgage Loan Originators.
  • Ensure high-quality loan origination.
  • Exercise administrative control over assigned branch sales functions.
  • Assume a leadership role among team members.
  • Coach and motivate Branch Managers to achieve growth and profitability.
  • Deliver top-tier customer service to clients and prospects.
  • Develop new business and enhance relationships by understanding prospects' needs.
  • Maintain knowledge of relevant government and investor policies in the mortgage sector.
  • Stay updated on trends in real estate and mortgage banking industries.
  • Collaborate with Operations and Secondary Marketing departments.
  • Help maintain low loan delinquency and default rates.

Benefits

  • Comprehensive health benefits including medical, dental, and vision insurance.
  • Life insurance and both short-term and long-term disability coverage.
  • Access to a Health Savings Account (HSA) and Flexible Spending Account (FSA).
  • Eligibility for a 401(k) plan after 60 days of employment.
  • Opportunity to apply for internal job openings for departmental transfers.
Full Job Description
Overview

PRMG offers a comprehensive benefits package for our full-time employees and their dependents, which includes medical, dental, vision, life insurance, short-term disability, long-term disability, a Health Savings Account (HSA), a Flexible Spending Account (FSA), and various other products, based on benefits eligibility, elections, and employee premiums. Upon hire, you will be eligible to enroll in all our company-sponsored benefit programs (Medical, Dental, Life, and Voluntary) on the first of the following month. After completing 60 days, you will be eligible to enroll in our 401(k) program on the first of the following month. Additionally, eligible employees may apply for job openings through PRMG’s Internal and External Job Portal to request a transfer to a different department or position.

Responsibilities
  • Recruiting, hiring and training Branch Managers, licensed Mortgage Loan Originators and support staff.
  • Ensure origination of quality loans.
  • Exercise administrative control over sales function for branches as assigned.
  • Assume leadership role among team members.
  • Coach, motivate and support Branch Managers to ensure growth and profitability; defining expected production goals.
  • Provide present and potential customers with superior level of customer service.
  • Responsible for development of new business and strengthening of existing relationships by determining a prospect’s needs and selling appropriate product; selling loans for appropriate amounts, rates and terms that comply with PRMG’s program guidelines; Generating necessary reports to track sales production and effectiveness of the region’s marketing programs.
  • Maintains working knowledge of federal, state and local governments’ and private investors’ policies and guidelines.
  • Maintains strong familiarity with current trends in the real estate and mortgage banking industries as well as the company’s operating policies and procedures.
  • Creates/maintains synergy with Operations and Secondary Marketing departments.
  • Assists in maintaining a below-industry average loan delinquency and default rate.
Qualifications
  • Ten years or more of management experience in mortgage sales preferred; operations background a plus.

  • Minimum three years of related experience within the mortgage industry.

  • Leadership and communication skills.

  • Detail oriented with strong organizational and follow-through skills.

  • Proficient in MS Windows software.

  • Bachelor’s degree in finance, business, or economics is preferred.

  • Travel will be required.
MinUSD $60,000.00/Yr. MaxUSD $1,000,000.00/Yr.

About Paramount Residential Mortgage Group, Inc.

Paramount Residential Mortgage Group, Inc. (PRMG) is a leading mortgage lender in the United States. The company provides a wide range of mortgage products and services, including conventional, FHA, VA, and jumbo loans. PRMG is committed to providing exceptional customer service and has a strong reputation for reliability and transparency. The company has a national presence, with over 200 branches across the country. PRMG is dedicated to supporting its employees and has been recognized as a top workplace by several organizations. The company is also committed to giving back to the community and supports a number of charitable organizations.
Learn more about Paramount Residential Mortgage Group, Inc.
Size
2,000 employees
Industry
Founded
2001

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