JOB PURPOSE:Responsible for sourcing well-qualified mortgage bankers interested in obtaining warehouse financing from First Federal Bank to grow the bank's portfolio of customers. Serve as the Relationship Manager and main bank contact to the mortgage banker. Additional duties include:
ESSENTIAL FUNCTIONS:• Sourcing warehouse line applications from qualified mortgage bankers who meet the bank's credit criteria
• Overseeing and reviewing the results of the financial analysis of applicant underwritten by bank's credit dept.
• Conducting background checks of mortgage company and guarantors using various resources as required by bank
• Presenting requests for new warehouse facilities and annual reviews to loan committee for approval
• Conducting initial and periodic site visits to the mortgage bankers' place of business.
• Attending mortgage banking industry conferences to meet with existing customers and source prospective new customers
• Overseeing timely receipt of required financial information to ensure monthly, quarterly, and annual financial covenant monitoring
• Continuously monitoring mortgage loans in the pipeline and aging reports to detect collateral or mortgage banker operational issues early
• Cross sell other bank products and services to enhance relationship
• Provides the best service to our customers with innovative and creative solutions.
JOB REQUIREMENTS:- Bachelor's degree in business with direct relationship management experience in warehouse lending a plus.
- Three to five years in a mortgage banking sales or lending environment.
- Ability to work under time constraints with strong attention to detail.
- Ability to travel frequently nationwide to source new clients.
- Superior written and verbal communication skills.
- Strong analytical skills and professional judgment.
- Extended hours sitting and performing computer tasks may be required.
- Employees confirm they are able to perform the essential functions of this position to continue employment with First Federal Bank.
Bilingual candidates encouraged to apply
