Branch Manager (Producing) - IL

The Money Store; Northern (KY); Hybrid; USD 65,000 - 95,000; Full time

Job summary

The Money Store in the United States is seeking a Branch Manager to lead daily branch operations and originate mortgage loan products. You will recruit Mortgage Loan Originators, manage sales and non-sales staff, and develop relationships to sustain a steady loan pipeline.

The role requires in-office presence and travel as needed, with a strong emphasis on compliance and performance management to drive growth and profitability.

Qualifications

• Minimum of two (2) years sales management experience at a mortgage company, bank or other financial institution.
• Experience generating refinance loans, purchase loans, and knowledge of related guidelines.
• Must be in office and travel may be required.
• NMLS license and ongoing licensing compliance.

Responsibilities

• Directs, coordinates, and monitors all sales, branch operation, and personnel development activities to grow sales and profitability.
• Recruits and manages Mortgage Loan Originators to create a high-performance branch.
• Manages and coordinates activities of Mortgage Loan Originators promoting and selling lending products and services.
• Creates a positive work environment; sets objectives and monitors performance.
• Manages performance issues in line with company policy.
• Oversees daily branch operations to control expenses and minimize risk.

Skills

Sales management

Mortgage loan origination knowledge

Regulatory compliance

Team leadership

Education

NMLS License

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Full Time

2 days ago Requisition ID: 1877

Major Responsibilities/Activities

The Branch Manager will manage the daily operations of their assigned branch and originate mortgage loan products offered by the company. Primary job responsibilities include soliciting new business, recruiting successful Mortgage Loan Originators, management and retention of all branch sales/non-sales personnel. Continuously identifies, develops and maintains a network of business relationships to establish a constant referral source to originate new loans.

Duties/Functions/Tasks

Manager will be responsible for the day-to-day operations of the Branch which includes, but is not limited to:

• Directs, coordinates, and monitors all sales, branch operation, and personnel development activities to create a business operation that increases sales, profitability, market share, and customer and employee satisfaction.


• Recruits, hires, and manages a team of Mortgage Loan Originators to establish a high-performance operating branch.


• Manages and coordinates the activities of Mortgage Loan Originators engaged in promoting and selling products and/or services for the lending line of business.


• Creates a positive work environment; sets clear objectives and monitors performance.


• Manages performance issues in accordance with company policy.


• Manages and oversees appropriately the daily operations of the branch to control expenses and minimize risk to the Company.


• Ensures that all persons performing any services for the Company through the Branch are Company employees, properly licensed and registered, as applicable, and are approved to start by Company and, as applicable approved by the Company to originate loans.


• Responsible for immediately reporting any lawsuits, complaints, investigations or other similar actions which involve Employee’s duties on behalf of the Company and/or which could potentially affect Employee’s licensing status or ability to perform his/her job for the Company.


• Informs Company of all expenses on a timely basis in order to ensure prompt payment thereof forwarding all fees, checks, deposits, etc. in the possession of Manager to Company’s Corporate Headquarters in a timely manner.


• Ensure that all closed loan documents are stored in Company’s document storage system and accessible to Company upon demand.

Minimum Qualifications

• Minimum of two (2) years sales management experience at a mortgage company, bank or other financial institution.


• Prior experience in generating refinance loans, purchase loans, as well as a comprehensive understanding of related guidelines.


• Tactical demonstration of sales techniques.


• Must be knowledgeable on the methods and procedures for promoting and marketing of products and services.


• Required to be in office and possibly travel at times.


• NMLS License.


• Must always be able to meet all applicable qualifications and standards required for MLO licensing under the SAFE Act.


• Employee must remain current on all applicable registrations.