Mortgage Branch Manager II

Cornerstone Capital Bank; Colorado Springs (CO); On-site; USD 33,228 - 40,612; Full time

Benefits offered by this job

401(k) plan

Medical insurance

Paid parental leave

Performance-based bonus

Job summary

Cornerstone Capital Bank, based in Colorado Springs, is seeking a Branch Manager to direct sales and business development for maximizing profitability. This role requires a minimum of five years' experience in mortgage loan origination and skills in recruitment, employee mentoring, and compliance management.

The ideal candidate will lead a team, ensuring that productivity and performance standards are met while also being actively involved in loan origination and customer relationship management.

Qualifications

• Minimum five years’ experience as a mortgage loan originator.
• Must be appropriately licensed in each state for loan application.
• Demonstrated ability to recruit and manage sales personnel.

Responsibilities

• Direct sales and business development.
• Recruit, hire and train top talent.
• Ensure compliance with loan regulations.
• Originate loans and manage customer expectations.

Skills

Leadership

Teamwork

Sales Management

Mortgage Loan Origination

Education

NMLS License

Job description

Responsible for the overall profitability by directing sales and business development, ensuring that the center achieves its goals and meets operational objectives. Management and leadership duties include employee development, ongoing coaching and performance management. The Branch Manager also prepares for the continued growth of the center by recruiting top talent in the market. Assist consumers in obtaining or applying to obtain a residential mortgage loan, including taking residential mortgage loan applications and offering or negotiating terms. Has two or more full-time direct reports.

Responsibilities

1. Recruit, hire and train top talent in the market
2. Provide motivation and support to achieve maximum production levels
3. Establish and control budget and income goals within company guidelines
4. Ensure goals and performance standards are met and communicated within the team
5. Monitor the quality of loans originated and ensure all loans adhere to compliance regulations with federal, state, regulatory and company policy and procedures
6. Coach, motivate, train, lead, and conduct performance evaluations
7. Conduct meetings and presentations with referral relationships
8. Personally originate loans

• Take customer loan applications, which includes collecting asset/income information
• Analyze customer financial information to determine customer qualification for various loans
• Act as a mortgage loan advisor to customer base and discuss available options and products
• Monitor and manage workflow to ensure timely closings
• Define and manage customer expectations of the loan process
• Maintain product knowledge and stay up-to-date on changes to market conditions
• Negotiate rates and terms
• Establish and maintain relationships with referral sources and respond to and follow up on leads
• Market, service, and promote the company’s loan products

What we offer:

Because we recognize and reward hard work, we offer a competitive salary, medical, dental, vision, accidental death, long‑term disability, short‑term disability, FSA, HSA, 401(k), basic life, voluntary life, and paid parental leave benefits, as well as the opportunity for a performance‑based bonus based on position and department.

Compensation: $36,920 to unlimited

Qualifications

Behaviors:

• Leader - inspires teammates to follow them
• Team player - works well as a member of a group

Motivations:

• Ability to make an impact - inspired to perform well by the ability to contribute to the success of a project or the organization

Experience:

• Minimum five years’ experience as a mortgage loan originator
• Must be appropriately licensed by the applicable regulator in each state in which he/she takes a loan application
• Demonstrated ability to recruit, hire and train branch personnel
• Proven ability to successfully manage a sales team
• FHA/VA & USDA experience preferred (preferred)

Licenses & Certifications:

• NMLS (preferred)

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities

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For further information, please review the Know Your Rights notice from the Department of Labor.