Private Mortgage Banking Associate Manager (SAFE)

Wells Fargo & Company•Beverly Hills, CA

About The Position

Wells Fargo is hiring a Private Mortgage Banking Associate Manager to coach, direct, and manage the sales activities of a small group of residential Private Mortgage Bankers under a Non-Producing Private Mortgage Banking Manager. The role supervises sales activity and helps ensure excellent customer service, timely completion, quality, and compliance. It also produces high-quality loans consistent with Wells Fargo Home Mortgage guidelines by developing relationships with realtors, builders, financial planners, bank stores, past customers, and other nontraditional sources. The position makes supervisory decisions on team supervision, work allocation, financial resources, and daily operations, while managing individual and team pipelines to support customer loyalty. It interprets policies, procedures, and compliance requirements when negotiating terms and taking applications; identifies process-improvement and risk-control opportunities in low-complexity areas; and collaborates with external customers, peers, colleagues, and mid-level managers. The manager remains informed about mortgage industry trends in the assigned market, maintains Wells Fargo Home Mortgage’s visibility in the marketplace, manages people and financial resources, and selects, evaluates, and develops staff. This is a SAFE position with customer contact and duties that may include offering or negotiating terms and/or taking applications for dwelling-secured transactions. Employment is contingent on meeting applicable SAFE Mortgage Licensing Act and related regulatory requirements, including acceptable background investigation results. SAFE registration is required at employment; Wells Fargo initiates the registration process after the start date. Loan Originators must meet Consumer Financial Protection Bureau qualification requirements and Wells Fargo policies, including applicable financial responsibility, character, financial fitness, and criminal-background standards. Ongoing regulatory requirements may include additional screening. Compensation includes an hourly base pay rate that meets or exceeds applicable minimum wage requirements, with the opportunity to earn additional commission. Pay complies with applicable minimum-wage laws. Eligible employees may receive the benefits described in the posting.

Requirements

At least 2 years of Private Mortgage Banking Sales experience, or equivalent demonstrated through work experience, training, military experience, or education.
At least 1 year of leadership experience.
SAFE registration at the time of employment.
Meet applicable Loan Originator qualification requirements, including financial responsibility, character, general financial fitness, and criminal-background standards.
Meet ongoing regulatory requirements, including additional screening if necessary.

Responsibilities

Coach, direct, and manage the sales activities of a small group of residential Private Mortgage Bankers under the direction of a Non-Producing Private Mortgage Banking Manager.
Supervise individual contributors and manage sales activities to support high levels of customer service, timely completion, quality, and compliance.
Produce high-quality loans that meet Wells Fargo Home Mortgage guidelines by building relationships with realtors, builders, financial planners, bank stores, past customers, and other nontraditional sources.
Make supervisory decisions and resolve issues involving team supervision, work allocation, financial resources, and daily operations.
Manage personal and team pipelines to effectively manage customer loyalty.
Interpret policies, procedures, and compliance requirements while negotiating terms and taking applications.
Identify opportunities for process improvement and risk-control development in low-complexity functional areas.
Interact directly with external customers and collaborate or consult with peers, colleagues, and mid-level managers.
Stay informed about mortgage industry trends and developments in the assigned market and maintain a high degree of Wells Fargo Home Mortgage visibility in the marketplace.
Manage allocation of people and financial resources for Private Mortgage Banking Sales.
Select, evaluate, and develop staff within Private Mortgage Banking Sales.
Meet SAFE registration and applicable Loan Originator qualification and regulatory requirements.