Loan Operations Manager
4 weeks ago
Triad Financial Services, Inc. is seeking a highly skilled and experienced Loan Operations Manager to lead our team of loan officers, processors, and underwriters. As a key member of our mortgage lending operations team, you will be responsible for providing leadership and direction to ensure the efficient and effective processing of loan applications.
Key Responsibilities:- Develop and implement strategies to optimize loan processing efficiency and improve turn times.
- Ensure compliance with all relevant regulatory requirements and company policies throughout the loan origination and processing workflow.
- Manage and monitor loan pipelines to ensure timely and accurate processing and underwriting of loan applications.
- Collaborate with senior management to establish and achieve performance goals and objectives for the loan operations team.
- Conduct regular performance evaluations, provide feedback, and support professional development initiatives for team members.
- Serve as a point of escalation for complex loan scenarios, providing guidance and assistance to resolve issues as needed.
- Foster a positive and collaborative work environment that promotes teamwork, accountability, and continuous improvement.
- Stay informed about industry trends, market conditions, and regulatory changes affecting mortgage lending operations.
- Bachelor's degree in finance, business administration, or a related field.
- Minimum of 5 years of experience in mortgage lending operations, with at least 2 years in a supervisory or managerial role.
- Thorough understanding of loan origination processes, underwriting guidelines, and regulatory compliance requirements.
- Strong leadership abilities with a track record of effectively managing and motivating teams to achieve performance targets.
- Excellent communication skills, both verbal and written, with the ability to interact professionally with internal and external stakeholders.
- Proficiency in mortgage loan origination software (LOS) and Microsoft Office suite.
- Detail-oriented, organized, and capable of managing multiple priorities in a fast-paced environment.
Triad Financial Services, Inc. offers a comprehensive benefits package, including health insurance, 401k match, tuition reimbursement program, and much more. This position has a base salary of $83K to $89K, depending on experience and skill set, with quarterly incentives and bonus opportunities.
The bonus guidelines are as follows:
- 30% - Team must have turn times between 4-6 hours from processing to approval.
- 30% - QC acceptable must be 90% or higher for all team members.
- 20% - Overall budget met for Florida Office.
- 20% - Loan exceptions report.
Triad Financial Services, Inc. is an Equal Opportunity Employer, committed to creating an inclusive environment for all employees.
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