Mortgage Production Manager

Renasant Bank; Tuscaloosa (AL); On-site; USD 70,000 - 90,000; Full time

Job summary

Renasant Bank is seeking a Mortgage Production Manager in Tuscaloosa, Alabama. In this role, you will be responsible for originating residential mortgage loan products and overseeing a team of Mortgage Bankers. You'll manage the daily activities related to loan processing and provide leadership and guidance to the sales team.

The ideal candidate will have a high school diploma and 3-5 years of relevant experience, along with excellent communication skills and a comprehensive knowledge of the mortgage banking industry. Join us in enhancing our business development efforts.

Qualifications

• 3-5 years related job experience required.
• Comprehensive knowledge of mortgage banking industry.
• Must have superior organizational skills.

Responsibilities

• Solicit residential mortgage loans through various channels.
• Maintain knowledge of local real estate market trends.
• Oversee activities related to mortgage loan originating and processing.

Skills

Excellent verbal and written communication skills

Statistical and analytical skills

Organizational skills

Customer service ability

Knowledge of mortgage banking industry

Education

High school diploma or equivalent

Job description

Overview

The Mortgage Production Manager will be responsible for originating permanent 1-4 family residential mortgage loan products (conforming, conventional, FHA, and VA, as well as other products as they become available) within assigned area and participating in business development activities to meet sales goals of same. In addition, this position will have the responsibility of overseeing the daily activity of a designated group of Mortgage Bankers and Processors, the processing of the files, and the funding of the loans. This position will also be responsible for being available to the sales team for leadership, support, and guidance.

RENASANT BANK IS AN EQUAL OPPORTUNITY EMPLOYER

Responsibilities

• Solicit residential mortgage loans through contacts with existing and potential customers, branch personnel, Realtors, builders, and developers
• Provide service to customers and potential customers seeking residential mortgage loans
  • Interview applicants to determine and recommend appropriate mortgage loan product
  • Obtain, from customer, all information and forms necessary for completed mortgage loan application
  • Provide, to customer, all required disclosures in a timely manner
  • Assist customer with loan closing contingencies within scope of mortgage loan originator’s function and bank policy
• Cross-sell other bank products to mortgage loan customers and potential customers at each opportunity
• Maintain knowledge of trends and developments in local real estate market, as well as changing rules and regulations pertaining to both private and government insured mortgages
• Call on potential or existing customers and referral sources to develop new business or retain existing business
• Oversee all activities that relate to mortgage loan originating and processing
• Keep informed of any changes in regulations concerning residential mortgage lending and be sure the sales team is kept abreast
• Maintain awareness of new trends in the local residential real estate market
• Assist the branches with any concerns or questions that they might have about a mortgage product
• Establish and maintain active community involvement to enhance the bank’s CRA efforts
• Remain actively involved in professional organizations in order to maintain contacts
• Perform all duties in compliance with the state and federal regulations and internal policies/procedures as applicable to the position
• Help assist in training other mortgage team members as required or needed
• Responsible for balancing the clearing account, the MIP insurance account, and processing fee account
• Responsible for monitoring and approving numerous bills that are generated by the mortgage department
• Responsible for managing two processors and three originators/encouraging team spirit and motivation
• Perform other related duties as assigned

Qualifications

• High school diploma or equivalent required
• 3-5 years related job experience required
• Comprehensive knowledge of mortgage banking industry
• Excellent verbal and written communication skills required
• Knowledge of regulatory compliance standards
• Must be creative and have ability to implement change when appropriate without causing disruption
• Thorough understanding of mortgage origination and processing programs/tracking systems
• Thorough understanding of quality control policies and procedures required by investors of bank
• Be excellent communicator with ability to effectively present ideas both written and oral
• Must have superior organizational skills
• Heavy statistical and analytical skills/mathematics aptitude
• Ability to originate one to four family residential mortgage products
• Thorough knowledge of FHLMC/FNMA, FHA/VA, and other general mortgage lending procedures and requirements
• Ability to deal cordially with the public
• Ability to organize time effectively
• Ability to comprehend and learn in a short period of time
• Ability to represent the bank in a professional manner

Physical Demands

The physical demands described are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to stand or sit; kneel, stoop, or squat; use hands or fingers to handle or feel objects, tools or controls; reach with hands and arms, and talk or hear. The employee is occasionally required to walk. The employee must occasionally lift and /or move up to 25 pounds. Specific vision abilities required by this job include close vision, peripheral vision, depth perception and the ability to focus.

Work Environment

The Bank’s professional working environment requires employees to communicate effectively, both verbally and in writing. Employees must demonstrate strong interpersonal skills when working closely with internal business partners and external clients. Employees may be exposed to confidential and propriety information within the working environment, therefore, must uphold confidentiality at all times. Due to the possibility of being exposed to high risk situations (i.e. robbery), detailed instructions and procedures are required to be followed at all times to safeguard the Bank’s employees, customers, and assets.