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Find your place within the Luxury Mortgage Corp ® family

 

Branch Manager - Producing - Residential Mortgages Experience RQD Job ID: 205-LM

 

Job Description 

Luxury Mortgage Corp® has career opportunities for experienced Producing Branch Sales Managers!

The Branch Sales Manager directs and manages the sales activities of the branch or financial unit, ensuring that efficient customer service is provided and quality loans are generated. A Branch Sales Manager with Luxury Mortgage Corp® receives a base salary, commission on their own production, volume override on the production of the division, and a quarterly NOI bonus.

This person is responsible for originating loans, recruiting, managing, coaching, and motivating a staff of outside loan officers to meet sales production goals, to assure compliance with, regulations, and policies and typically manages a minimum of 10+ sales professionals. This position requires strong sales and marketing skills, excellent communication skills and detailed follow-through and will be responsible for managing NOI, total revenue and origination quality.

The Branch Sales Manager is expected to identify partnership opportunities and to develop strong business relationships. Bi-lingual applicants are encouraged to apply 
Positions available in our Paramus, NJ - Stamford, CT and Garden City, NY locations.


Requirements (You do not have these required skills please do not apply)

Required Qualification:  

  • 5+ years of successful external/outside retail mortgage origination experiences with an emphasis on self sourced business.
  • Proven track record of 2+ years of hiring, motivating, and/or managing a sales force in the mortgage industry; and/or demonstrated ability to hire, motivate and manage sales staff.
  • Proven sales experience with the ability to meet production standards set for Branch production.
  • History of ability to direct the work of mortgage loan officers. (Including; setting and monitoring of goals, implementing policies and procedures, and managing price protection)
  • Proven history of established and documented referral partner relationships in the market in which they are applying (e.g., realtors, builders, attorneys, financial advisors or CPAs).  
  • Proven ability to analyze and review General Ledger and Profit and Loss Statements
  • Must meet the requirements of a Qualified Individual as determined by S.A.F.E and State Governing bodies
  • Complete familiarity with FNMA/FHLMC, FHA/VA guidelines and understanding of all facets involved in real estate transactions.
  • Ability to originate quality loan production until such time as the department’s volume reaches sufficient levels to warrant non-production from manager.

Job Requirements:

  • Ability to work in a fast-paced, high volume environment, while practicing sound lending judgment
  • Thorough understanding of credit and an ability to review complex financial documents.
  • Strong Commitment to teamwork.
  • Recruit/hire or demonstrated ability to recruit/hire additional sales professionals (MLO’s) into department.
  • Travel frequently within sales region, corporate office and ability and willingness to travel periodically throughout the country

Education:

  • High School Education or equivalent or 10 years proven history in mortgage business.

Desired Qualifications:

  • 3+ years of retail mortgage sales management experience
  • Desire to assist others in reaching their career goals.
  • Leadership characteristics to motivate and direct a team of mortgage professionals.
  • Desire to grow your career in a fast paced environment.
  • Specific local market experience/knowledge a plus.
  • Successful niche market experience in any of the following specialties is considered an asset: corporate affinity platform, builder-focused lending; jumbo, private banking residential lending, lower to moderate income borrowers, working with first time homebuyers; and/or working with ethnically diverse consumer segments.
  • Niche market experience serving bilingual clients.
  • Experience with Encompass 360 Banker addition
  • BA Business degree or related experience. 
  To Apply for position ID   Email resume to hr@luxurymortgage.com include Job ID and historic production performance

 

Equal Opportunity Employer
Luxury Mortgage Corp is an Equal Opportunity Employer. It is the policy of Luxury Mortgage Corp to provide equal opportunity for all employees and applicants for employment without regard to race, color, creed, religion, gender, sexual orientation, national origin, age, marital status, mental or physical disability, pregnancy, military or veteran status, or any other basis prohibited by state or federal law.


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