Correspondent Account Executive

Paramount Residential Mortgage Group Inc. (PRMG Inc.); Corona (CA); On-site; USD 270,000 - 330,000; Full time

Benefits offered by this job

Medical

Dental

Vision

Life Insurance

Short-Term Disability

Long-Term Disability

Health Savings Account (HSA)

Flexible Spending Account (FSA)

401(k)

Job summary

Paramount Residential Mortgage Group Inc. (PRMG) is looking for a Correspondent Account Executive to drive growth by building and maintaining relationships with mortgage bankers and delivering exceptional service.

You will promote PRMG’s delegated and non-delegated programs and develop your own client portfolio. The role is full-time and emphasizes training clients on the PRMG Correspondent Portal, monitoring monthly funding levels above $10 million, and traveling as needed to strengthen

Qualifications

• 5+ years in mortgage/banking including third party originations.
• Proven success as an Account Executive or Relationship Manager.
• Strong understanding of loan processes and lending channels.

Responsibilities

• Develops and implements relationship strategies to satisfy customer needs with a full range of products and services.
• Establishes new business using business development skills.
• Maintains long-term relationships with Mortgage Banking Clients and drives funded production.

Skills

Relationship building

Account Executive

Communication

Sales

Client management

Education

College degree

High school diploma

Tools

PRMG Portal

Job description

Overview

As a PRMG Correspondent Account Executive, there are no limits to the success you can achieve. You will be the driving force behind our business. You will use your knowledge of the industry, communication skills and sales savvy to develop relationships with mortgage bankers, provide unparalleled service, and bring in their business. PRMG allows Correspondent Clients to deliver loans on a Delegated and Non-Delegated basis. PRMG will provide you with the tools you need to succeed: competitive products and services, training, and allow you to build your own portfolio of clients. PRMG sets attainable goals for performance and encourages our team members to collaborate amongst each other and share ideas and business plans to continue to drive business forward. The job duties for a Correspondent Account Executive are as follows:

PRMG offers a comprehensive benefits package for our full-time employees and their dependents, which includes medical, dental, vision, life insurance, short-term disability, long-term disability, a Health Savings Account (HSA), a Flexible Spending Account (FSA), and various other products, based on benefits eligibility, elections, and employee premiums. Upon hire, you will be eligible to enroll in all our company-sponsored benefit programs (Medical, Dental, Life, and Voluntary) on the first of the following month. After completing 60 days, you will be eligible to enroll in our 401(k) program on the first of the following month. Additionally, eligible employees may apply for job openings through PRMG’s Internal and External Job Portal to request a transfer to a different department or position.

Responsibilities

Essential Job Functions:

• Organization: Develops and implement relationship strategies, satisfying customer needs through a full array of products and services.


• Coordination: Utilizes business development skills to establish new business.


• Communication: Communicates well verbally and in writing with co-workers and customers acting as liaison between account and Company’s internal departments to ensure cohesive business flow.


• Equipment: Uses office equipment such as computer terminals, copiers and FAX machines.


• Physical: Sits and stands for extended time periods. Hearing and vision within normal ranges.

Responsibilities:

• Building and maintaining long-term relationships and partnerships with your Mortgage Banking Clients.


• Training and educating clients on PRMG's Correspondent Portal, programs, products and processes.


• Drive and maintain funded production levels above $10 million monthly.


• Hold regular account visits to continually reinforce the company’s differentiators and leverage them for quality volume.


• Being your clients’ “go-to” resource for all questions regarding the mortgage industry.


• Monitoring the performance of loan deliveries in your pipeline.


• Monitors expiring rate locks for customer base.


• Providing world-class client service to every client.

Experience

Qualifications

• 5+ year of experience in the mortgage and banking industries, including experience in third party originations.


• Proven success as an Account Executive or Relationship Manager.


• Thorough understanding of the loan process and the difference between Retail, Wholesale, and Correspondent Lending.


• Strong relationship building skills.


• Existing Client base (preferred)


• You have the passion and work ethic to keep getting better every day.


• You work hard and take accountability for your actions.


• You have unique qualities that are key to your success.

Education

• College degree or equivalent work experience preferred.


• High school diploma (or equivalent) required

Travel

• May be required

Min

USD $0.00/Yr.

Max

USD $300,000.00/Yr.