Vice President of Strategic Initiatives

2 weeks ago


Towson, Maryland, United States The Ladders Full time

Position Overview

The Vice President of Strategic Initiatives will play a pivotal role in developing and sustaining a dynamic and effective sales organization.

This position entails comprehensive oversight of the division, fostering a culture of excellence and engagement while identifying, mentoring, and nurturing the next wave of industry leaders.

A key responsibility will be to engage with team members at all levels to gain insights into challenges and opportunities.

Collaboration with Branch Managers and the Executive Team is essential to eliminate barriers to productivity and to implement industry best practices.

A strategic mindset is crucial, as the VP will conduct thorough analyses to determine the most effective strategies for enhancing branch and divisional profitability.

Additionally, the VP will oversee and collaborate on Business Development and sales strategies aimed at increasing market share both regionally and beyond.

Guidance will be provided to Branch Managers to ensure profitable growth and the efficient, ethical operation of their respective profit centers.

The VP will cultivate a cohesive team of divisional staff committed to continuous improvement in both sales and operational processes.

Flexibility and adaptability are essential as the division's business model evolves; the VP must exemplify high-integrity leadership and inspire commitment to the division's objectives.

The role also involves fostering corporate alignment by effectively communicating key messages from the corporate office and providing feedback on regional themes and trends, thereby influencing corporate strategy in conjunction with field operations.

Key Responsibilities
Advises on margin management at the divisional level to enhance profitability.

o Support payroll processes and adhere to deadlines.

o Continuously analyze employee, expense, and marketing cost benefits.

o Deliver timely and well-considered internal communications and updates.

o Maintain the division's competitive positioning within the industry.
o Evaluate and facilitate necessary pricing exceptions.

o Assess and advise on compensation for both existing staff and new hires.

o Strategically advise on branch margins in relation to group performance and economic conditions.

o Collaborate with Branch Managers on profit and loss management, focusing on cost-effectiveness and sustainable revenue.


o Serve as a resource for employees regarding their production, growth, and efficiency metrics.

o Mediate the licensing process for current employees and new hires with corporate departments.

o Attend branch events to strengthen partner and agent relationships.

o Formulate end-of-year production forecasts and standings with a comprehensive perspective.

o Assist in onboarding new employees by coordinating with corporate and compliance needs.

o Invest in diverse talent sources to attract interest in expanding the division and enhancing the brand.

o Develop models and proformas to accurately forecast future production, providing candidates and potential managers with reliable post-onboarding projections.


o Research and establish strategic partnerships within and adjacent to the industry to gather relevant insights and foster future business opportunities.

o Supervise retention strategies to effectively maintain valuable employees.

o Produce current reports on the status of candidates and their business performance.

o Strategically position Business Development efforts around targeted regions, companies, roles, loan types, and sizes to align with division opportunities.


o Participate in industry events to cultivate relationships and discussions surrounding Business Development, growth, and brand management.

Qualifications
Strong communication, analytical, and problem-solving capabilities
Excellent writing and editing proficiency
Ability to handle challenging situations professionally when collaborating with branches/divisions
Capacity to manage multiple tasks effectively
Strong organizational skills and meticulous attention to detail
Demonstrated supervisory and leadership abilities
Ability to prioritize and delegate tasks appropriately
Ability to thrive in a fast-paced and sometimes high-pressure environment
Proficiency in Microsoft Office applications (e.g., Word, Excel, Outlook, PowerPoint, etc.)

Company Conformance Statements

All employees are expected to adhere to the following guidelines:

Review and comply with policies and guidelines outlined in the Employee Handbook, including privacy and information security protocols.

Act within delegated authorities and adhere to applicable policies and procedures.

Contribute to a respectful workplace where diversity is essential for innovation and growth.

Ensure every action aligns with company values.

Collaborate with management to understand performance expectations and metrics. Utilize feedback and coaching opportunities for personal and professional development.

Leverage team synergies through networking and partnerships across the organization.

Embrace change; act as an advocate and role model for continuous improvement.

Maintain high standards of customer care while actively listening to customers to understand their perspectives and needs.

Take ownership of challenges, considering the full range of organizational competencies in providing solutions.

Work independently while recognizing the importance of communication and coordination with colleagues and other departments.

Contribute effectively as a team member on all assignments.

Deliver quality work within established deadlines.

Respect the privacy of clients and employees.

Work Requirements

Employees must communicate clearly and effectively, utilize a computer, maintain a work schedule, and perform effectively in an office environment.

To ensure the secure privacy of borrower and other protected information, this role may require physical presence in a designated office space.

Employment requires compliance with all applicable mortgage and fair lending laws and regulations, as well as adherence to company policies.

The ability to work extended hours may be necessary.

Management reserves the right to assign or reassign duties and responsibilities as needed.

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