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VP, Branch Manager

2 months ago


Schaumburg, Illinois, United States Interfirst Full time
Job Description

The role of the VP, Branch Manager at Interfirst focuses on efficiently managing a mortgage lending branch. This position requires a thorough understanding of mortgage lending operations, sales strategies, regulatory compliance, and strong relationship-building skills to drive business growth within the branch.

Key Responsibilities:
  • Branch Operations Management:
    • Oversee all aspects of the mortgage lending branch, including loan origination, processing, and closing processes.
    • Ensure the efficient and accurate processing of mortgage applications and loans while adhering to industry regulations and company policies.
    • Maintain a high level of customer satisfaction by facilitating a smooth and transparent loan application and approval process.
    • Recruiting of Loan Officers
    • Management of personal and team loan pipelines.
  • Sales and Team Leadership:
    • Develop and execute sales strategies to achieve mortgage loan production goals and revenue targets.
    • Lead and manage a team of loan officers, processors, and support staff by providing guidance, coaching, and performance feedback.
    • Foster a collaborative and results-driven team environment to promote productivity and employee engagement.
    • Motivating sales team to reach production goals.
    • Helping loan originators structure loans to best suit the needs of borrowers.
    • Manage to corporate objectives.
  • Market Analysis and Growth:
    • Stay informed about market trends, interest rates, and mortgage products to guide business decisions and maintain a competitive edge.
    • Identify opportunities for business growth, expansion, and improvement in the local mortgage market.
  • Compliance and Risk Management:
    • Ensure compliance with federal, state, and local regulations, as well as company policies and procedures, throughout the lending process.
    • Implement effective risk management strategies to mitigate potential fraud and other operational risk.
    Requirements:
    • High School Diploma or equivalent degree
    • Minimum of 5 years mortgage lending experience
    • Minimum of 2 years experience with successful recruiting
    Preferred Qualifications:
    • Extensive experience in mortgage lending, including loan origination, processing, and underwriting.
    • Proven track record of leadership and team management, with the ability to motivate and guide teams to achieve goals.
    • Strong understanding of mortgage products, industry regulations, and compliance standards.
    • Excellent communication, negotiation, and interpersonal skills for effective relationship building.
    • Demonstrated ability to develop and execute sales strategies, driving business growth and revenue.
    • Proficiency in using mortgage software, CRM systems, and financial analysis tools
    • Experience working with referral sources (realtors, builders, financial planners) with a strong market presence and the ability to cultivate and maintain relationships to drive business growth.