Residential Lending Manager

LBS Financial Credit Union•Westminster, CA

6d•$98,551 - $123,189

About The Position

The Residential Lending Manager plays a pivotal role in overseeing and driving the residential mortgage lending operations within the organization. This position is responsible for managing a team of loan officers and support staff to ensure the efficient processing, underwriting, and closing of residential loan applications. The manager will develop and implement lending strategies that align with regulatory requirements and company goals, while maintaining high standards of customer service and compliance. They will also analyze market trends and customer needs to optimize loan product offerings and enhance business growth. Ultimately, the Residential Lending Manager ensures that lending activities contribute to the financial success of the institution while fostering strong relationships with clients and partners.

Requirements

Bachelor’s degree in Finance, Business Administration, or a related field.
Minimum of 5 years of experience in residential mortgage lending, including at least 2 years in a supervisory or management role.
Comprehensive knowledge of residential mortgage products, underwriting guidelines, and regulatory compliance requirements.
Strong understanding of loan origination systems and mortgage software platforms.
Excellent communication, leadership, and organizational skills.

Nice To Haves

Master’s degree in Business Administration or Finance.
Experience working with secondary mortgage market transactions and investor guidelines.
Professional certifications such as Certified Mortgage Banker (CMB) or similar credentials.
Proven track record of successfully managing high-performing lending teams in a competitive market.
Familiarity with federal and state lending regulations, including RESPA, TILA, and HMDA.

Responsibilities

Lead, mentor, and manage a team of residential loan officers and support personnel to achieve departmental goals and maintain high performance standards.
Oversee the end-to-end residential loan process, including application intake, underwriting, approval, and closing, ensuring compliance with all regulatory and company policies.
Develop and implement strategies to increase loan volume, improve customer satisfaction, and reduce loan processing times.
Collaborate with sales, marketing, and compliance teams to align lending products with market demands and regulatory requirements.
Monitor loan portfolio performance, prepare reports for senior management, and recommend improvements to lending practices and policies.