Sales Manager

CrossCountry Mortgage

$110K — $130K *
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 education/experience.
  • 10+ years in mortgage lending or equivalent coursework.
  • 5+ years in retail mortgage origination with a focus on self-sourced business.
  • 3+ years in retail mortgage sales management.
  • 2+ years managing a sales force in the mortgage industry.
  • Experience with Encompass 360 and real estate transaction guidelines.

Responsibilities

  • Manage and achieve branch sales production standards.
  • Oversee NOI, total revenue, and loan origination quality.
  • Direct and motivate mortgage loan officers towards achieving sales goals.
  • Build and establish referral partner relationships in the market.
  • Analyze General Ledger and Profit and Loss statements to inform decisions.
  • Originate quality loans until the department reaches sufficient volume.
  • Identify and develop new business partnership opportunities.

Benefits

  • Opportunities for professional growth and development.
  • Access to a supportive team environment.
  • Potential for performance-based incentives.
  • Flexible working environment.
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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