Mortgage Branch Manager II

Cornerstone Capital; Colorado Springs (CO); On-site; USD 36,920 - 200,000; Full time

Benefits offered by this job

Medical, Dental, Vision benefits

401K

Paid Parental Leave

Job summary

Cornerstone Capital is looking for a Branch Manager in Colorado Springs to lead sales and business development efforts. This role involves managing daily operations and ensuring profitability by directing a skilled team. Candidates should have a minimum of five years' experience as a mortgage loan originator and must possess the necessary licenses to operate.

The Branch Manager will also be responsible for recruiting top talent, ensuring compliance with regulations, and monitoring loan quality while providing excellent customer service.

Qualifications

• Minimum five years’ experience as a mortgage loan originator.
• Must be appropriately licensed by the applicable regulator.
• Ability to recruit, hire, and train branch personnel.

Responsibilities

• Direct sales and business development to ensure profitability.
• Recruit, hire, and train top talent in the market.
• Monitor quality and compliance of originated loans.
• Coach and conduct performance evaluations.

Skills

Sales management

Team leadership

Customer service

Loan origination

Compliance knowledge

Education

NMLS License

5+ years mortgage loan originator experience

Job description

Pay or shift range: $18,000 USD to $200,000 USD. The estimated range is the budgeted amount for this position. Final offers are based on various factors, including skill set, experience, location, qualifications and other job-related reasons.

Description

Responsible for the overall profitability by directing sales and business development, ensures 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 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.

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 work flow 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, 401K, 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 and Requirements

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.

Licenses & Certifications

NMLS

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.