Jefferson Bank · 3 months ago
President of Mortgage
San Antonio, TX, US
Full-time
Onsite
Director/Executive
10+ years expJefferson Bank is seeking a President of Mortgage Lending to lead the strategic direction and operational efficiencies of their mortgage division. The role involves overseeing the development of mortgage products, managing a team of professionals, and ensuring compliance with regulatory standards to drive profitable growth and operational excellence.
BankingFinanceFinancial ServicesLending
Responsibilities
Develop and implement strategic plans and initiatives to drive profitable mortgage company growth, loan production goals, revenue targets, and market expansion to include wholesale and correspondent lending channels as well as third party origination relationships
Recruit, manage and mentor a team of mortgage loan officers and support staff in various geographical markets
Develop, implement and monitor incentive compensation packages based on mortgage loan officer performance
Work with mortgage operations manager to oversee the mortgage lending department, ensuring compliance with bank policies and procedures, as well as all applicable laws, regulations, and company policies governing mortgage lending activities, including but not limited to, Fair Lending, RESPA, TILA, and HMDA
Foster a culture of accountability, innovation, and continuous improvement that drives team performance and operational results
Identify, meet and/or exceed key performance indicators (KPls) to ensure high-quality loan delivery, maximum profitability and industry/regulatory standards
Work with mortgage operations manager to oversee the mortgage processing and servicing functions, providing guidance, coaching, and support to the managers within the department
Monitor market trends and recommend adjustments to the Bank’s lending strategies accordingly
Prepare and present reports on mortgage lending activities to senior management
Prepare an annual budget for the mortgage department, administer allotted funds in accordance with the budget and recommend capital expenditures for growth and development
Create and implement new/updated work procedures and systems to accomplish objectives more efficiently
Stay informed on industry trends and emerging technologies to enhance operational processes and maintain a competitive edge
Collaborate with marketing and business development teams to identify opportunities for growth, develop marketing strategies, and enhance brand visibility
Work closely with bank and affiliate partners to educate on mortgage programs available and encourage referral business
Develop and maintain contingency plans and proactively manage risks to ensure business continuity and minimize disruptions
Build strategic partnerships by representing the company at industry events, conferences, and networking opportunities to promote mortgage lending products and services
Ensure high levels of customer satisfaction through effective communication and service delivery
Perform other duties as may be required or assigned
Qualification
Required
10+ years overseeing mortgage related disciplines (preferably within a financial institution)
Proven track record of profitably growing production, including identifying and implementing a sales program, sales management, growth of secondary and portfolio production, warehouse lending, mandatory hedging and expansion of mortgage team/company. (preferably in financial institution environment)
Proven knowledge and strong relationships with Fannie Mae, Freddie Mac, FHA/VA, FHLB and correspondent outlets
10+ years of leadership/management experience
Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws
Bachelor's degree in business, or related field (or equivalent experience)
Upon employment, must enroll and maintain registration with Nationwide Multistate Licensing System (NMLS) under the Bank's company registration
Must be able to speak, hear, read and write to engage in oral and written communication
Must be able to reach, bend and lift files up to 15 pounds
Must be able to sit for most of the day
Must be able to see a computer monitor and type on a keyboard
Must be mobile in an office environment
Excellent computer literacy in Microsoft Office programs (Outlook, Word, Excel, PowerPoint)
Adobe, Microsoft Office Suite, etc
Experience with Fannie Mae DU, UCD & UCDP preferred
Yes, must have a valid driver's license to operate a motor vehicle and have reliable transportation
Company
Jefferson Bank
Jefferson Bank provides checking, savings, loans, mortgages, online banking and wealth management services to individuals and businesses.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Bill Goetz
Senior Executive Vice President & CFO
Mitchell Walker
Executive Vice President - Chief Operating Officer
Company data provided by crunchbase