Centralized Account Executive

Newrez

Troy (MI)

On-site

USD 30,000 - 150,000

Full time

2 days ago
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Benefits offered by this job

Medical, dental, and vision insurance
401(k) with employer match
Paid maternity leave/parantal leave
Tuition reimbursement
Employee mortgage loan program

Job summary

Newrez in Michigan's Troy area is seeking a Wholesale Account Executive to manage markets wholesale and correspondent products to brokers. You will build broker relations, drive funding projections with leadership, and present our product and technology platform to prospective partners.

Requirements include a bachelor’s degree and 4+ years in sales or mortgage sales, with knowledge of FHA/VA and government guidelines. The role features growth opportunities and a comprehensive benefits package.

Qualifications

  • Bachelor's degree required or equivalent experience.
  • 4+ years in sales, preferably in mortgage or real estate.
  • Strong knowledge of mortgage products and broker networks.

Responsibilities

  • Prospect new mortgage brokers and coordinate approvals.
  • Develop and implement marketing strategies within the territory.
  • Present the company value proposition and product platform to brokers.
  • Serve as subject matter expert on policies, products and technology.
  • Collaborate with loan operations to manage pipeline and escalation.

Skills

Sales experience
Mortgage knowledge
Communication skills
Broker relations

Education

Bachelor's degree

Job description

Company Overview

At Newrez, we bring big thinkers and caring doers together to make home happen. We’re a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other. We believe that when our people thrive, homeowners thrive - and that’s why we invest in your growth, wellbeing, and ability to make an impact.

Every day, we work to exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and clear communication. We do this by empowering our employees, encouraging innovative solutions and recognizing great performance

Job Description

nThe Wholesale Account Executive is responsible for markets wholesale and correspondent products and services to prospective brokers/bankers. In addition, the Wholesale Account Executive manages established broker relations including broker approvals, education, customer service and quality management regarding process, product and technology

  • tiesFormulate and establish funding projections/goals in conjunction with Wholesale leadership to align with Wholesale and Correspondent loan production, quality, and volume targ
  • ets.Performs initial contact to prospect new mortgage brokers/bankers and coordinate broker approval proc
  • ess.Collaborates with Wholesale leadership and Corporate business partners to develop/implement marketing strategies within assigned territory/account l
  • ist.Conducts large group presentations at broker offices to promote Company Value Proposition and present our process, product and technology platfo
  • rms.Serves as subject matter expert on Company policies, procedures, products and technol
  • ogy.Collaborates with loan operations team to manage active pipel
  • ine.Escalates second reviews to appropriate Operations/Underwriting leaders
  • hip.Establishes communication protocol with Client Relations Managers to optimize service deliv
  • ery.Assists clients with lock reconciliation, extensions and excepti
  • ons.Ensures that clients understand the Company’s loan processing, underwriting and closing proces
  • ses.Provides brokers/bankers with information to access current rate sheets and product guideli
  • nes.Provides technical training and support to clients with regard to Company technology platf
  • orm.Performs related duties as assigned by managem
Education and Experience Requirements
  • mentsBachelor's degree with major coursework in a related discipline; Equivalent job/education experience will be consid
  • ered.4+ years of experience in sales and/or real es
  • tate.2+ years of mortgage sales, including Government and Conventional products, i.e.: FHA, VA, FNMA, and FHLMC and related guidel
Knowledge, Skill, and Ability
  • Knowledge of local real estate m
  • arket.Working knowledge of investor guidelines, underwriting policies and loan pro
  • ducts.Excellent verbal and written communication s
Compensation

kills.
A good faith estimate of the compensat

ion is:$30,000.00-$150

,000.00The compensation range reflects a broad set of factors, including a candidate's background, experience, and work location, while also allowing room for growth within th

e role.Additional Compen

sation:The individual in this position will be eligible for a bonus based on individual and company performance, variable or

annual.A good faith estimate of the compensat

ion is:15,080.00 - 60

,000.00
Compensation for this position may also include other elements, including medical, financial, various paid time off benefits, and a bonus based on individual and company performance, variable or

annual.
Placement within the range will be based on a variety of factors, including but not limited to, skills, experience, qualifications, locat

ormation:
While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as

necessary.All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator. Employment will be contingent on this re

quirement.

Why Newrez

We’re a great place to work because we invest in what matters: your career, your community, your wellbeing, and your future. Our total rewards package is designed to support your

whole self.
Comp

Benefits
  • of your life.
    Medical, dental, and v
  • ision insuranceHealth Savings Account with employ
  • er contribution401(k) Retirement plan with
  • employer matchPaid Maternity Leave/Parental Bonding Leave/
  • Caregiver LeaveAdop
  • tion AssistanceTuition & Certificatio
  • n reimbursementEmployee Mortga
  • ge Loan ProgramThe Newrez Employee Emergency and Disaster Fund is a program to support our team members experie
Newrez NOW

Through Newrez NOW, our Corporate Social Responsibility program, you’ll have opportunities to give back, lead, and make a difference.

  • make a difference.
    1 company-paid Volunteer Time Off day (with over 40,000 volunteer hours contributed si
  • ince our inception)Matching Gifts Program - dollar-for-d
  • ollar up to $1,000Access to grants, nonprofit resources, and volun
  • teer opportunitiesMore than $6,000,000
  • donated since 20201 in 5 employees participates in at least one Employee Re
Equal Employment Opportunity

source Group (ERG) Equal Emp

loyment OpportunityWe're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Differe

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