Sales Manager

CrossCountry Mortgage

$90K — $110K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • NMLS License Required under the S.A.F.E. Act of 2008.
  • Bachelor's degree in Business or equivalent experience.
  • 10+ years' mortgage lending experience preferred.
  • 5+ years' external retail mortgage origination experience emphasizing self-sourced business.
  • 3+ years' retail mortgage sales management experience.
  • 2+ years of experience hiring and managing a sales force in mortgage industry.
  • Experience with Encompass 360.

Responsibilities

  • Meet standards set for branch production.
  • Manage NOI, total revenue, and origination quality.
  • Direct and monitor mortgage loan officers, implementing policies and procedures.
  • Establish referral partnerships in the market.
  • Analyze General Ledger and Profit and Loss Statements.
  • Originate loans until department reaches sufficient volume.
  • Identify and develop business partnership opportunities.

Benefits

  • Robust professional development opportunities.
  • Dynamic work environment fostering collaboration.
  • Supportive management team focused on employee success.
Full Job Description
Position Overview:
The Sales Manager directs and manages the sales activities of the branch, ensuring that efficient customer service is provided, and quality loans are generated. This position is responsible for originating loans, recruiting, managing, coaching, and motivating a staff of outside loan officers to meet sales production goals and assure compliance with regulations and policies. The Sales Manager oversees a team of sales professionals.

Job Responsibilities:
  • Meet standards set for branch production.
  • Manage NOI, total revenue, and origination quality.
  • Direct the work of mortgage loan officers, including setting and monitoring of goals, implementing policies and procedures, and managing price protection.
  • Establish referral partners in the market (e.g., realtors, builders, attorneys, financial advisors or CPAs).
  • Analyze and review General Ledger and Profit and Loss Statements.
  • Originate quality loan production until such time as the department's volume reaches sufficient levels to warrant non-production from manager.
  • Identify partnership opportunities and to develop business relationships.


Qualifications and Skills:
  • NMLS License Required under the S.A.F.E. Act of 2008.
  • Bachelor's degree in Business and/or equivalent combination of education/experience.
  • 10+ years' mortgage lending experience or equivalent coursework, preferred.
  • 5+ years' external/outside retail mortgage origination experiences with an emphasis on self-sourced business.
  • 3+ years' retail mortgage sales management experience.
  • 2+ years of hiring and/or managing a sales force in the mortgage industry.
  • Experience with Encompass 360.
  • Meet the requirements of a Qualified Individual as determined by S.A.F.E and State Governing bodies.
  • Experience with FNMA/FHLMC, FHA/VA guidelines and all facets involved in real estate transactions.
  • Excellent sales and marketing skills.
  • Excellent communication and management skills.


This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.

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