Branch Manager

Newrez LLC
$15,080 - $60,000Onsite

About The Position

The Branch Manager (BM) is responsible for maintaining personal loan production at or above minimum loan volume and quality targets. They are responsible for structuring loan application and loan terms, making certain the loan program and pricing structure meets the goals of the client as well as the company. In addition to developing their own production pipeline, the BM is also responsible for carrying out strategic initiatives, sales development, leadership/management of retail branch production, in alignment with corporate targets. The BM is directly responsible for overseeing production goals based on recruiting activities and development of producing Loan Consultants.

Requirements

  • Graduation from a 4-year college or university with major coursework in a related discipline. Equivalent job/education experience may be considered.
  • Experience as a Producing Loan Consultant required.
  • 2+ years’ experience in mortgage (production), including LOS system experience.
  • Local market knowledge including key competitors, high profile recruits and potential business opportunities.
  • Knowledge of mortgage industry, regulatory environment, and financial markets.
  • Strong managerial, organizational, and problem-solving skills with ability to multi-task.
  • Demonstrated leadership, enthusiasm, and ability to recruit and motivate others.
  • Excellent interpersonal, oral, and written communication skills.
  • Ability to meet aggressive deadlines and build strong working relationships with multiple departments.
  • Must have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator.

Nice To Haves

  • Management experience with Producing Loan Consultant’s preferred.
  • Management experience working with Retail Loan Consultants preferred.

Responsibilities

  • Identifies market opportunities and hires/develops retail Loan Consultants.
  • Identifies new business opportunities for their existing Loan Consultants in order to meet office goals.
  • Develops/executes overall market strategy to increase retail volume, market share and profitability.
  • Supports production office(s) 1 year business plans, consistently monitoring progress versus plan.
  • Collaborates with operations support to ensure customer service, loan quality, and pull through targets are achieved and/or exceeded.
  • Responsible for communication and implementation of company policy and procedures.
  • Holds regular performance discussions for all Loan Consultants and performance issues in a timely manner.
  • Provides regular reporting on retail performance within the assigned market.
  • Presentation of Company Funding Value Proposition to potential business sources.
  • Responsible for producing personal loan volume at or above target expectations.
  • Maintains active recruiting database.
  • Promotes the Company Brand in assigned geography; support efforts that enhance the Brand.
  • Manages the P&L for the branch.
  • Ability to effectively and accurately convey information to others.
  • Performs related duties as assigned by management.

Benefits

  • Medical, dental, and vision insurance
  • Health Savings Account with employer contribution
  • 401(k) Retirement plan with employer match
  • Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave
  • Adoption Assistance
  • Tuition & Certification reimbursement
  • Employee Mortgage Loan Program
  • The Newrez Employee Emergency and Disaster Fund
  • 1 company-paid Volunteer Time Off day
  • Matching Gifts Program
  • Access to grants, nonprofit resources, and volunteer opportunities
  • Participation in Employee Resource Groups (ERGs)
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