Apply on Employer Site

Citi · 1 day ago

Correspondent Team Lead

O'Fallon, MO

Full-time

Onsite

Senior Level

5+ years exp

Citi is a financial services company, and they are seeking a Correspondent Team Lead. This role involves overseeing the correspondent business, ensuring compliance with industry standards, and providing support and training to staff while managing complex mortgage products.

BankingFinanceFinancial Services

H1B Sponsor Likely

Responsibilities

Complete and monitor various Risk and Control reports daily

Perform daily pipeline review to ensure loans are reviewed within business service level agreements

Daily/weekly reporting of turn-times, loan registrations, aged inventory, HMDA inquiries, etc

Provide support with training new hires

Act as a Subject Matter Expert for special projects

Assist staff with internal and external escalations of loan transactions

Review and analyze procedures on a regular basis to find potential gaps and more efficient processes

Analyze quality results to identify training opportunities and determine potential solutions

Review mortgage loan documentation submitted by Correspondent lenders for accuracy, consistency, and compliance with business guidelines for potential purchase

Ensure data integrity between loan documents and loan origination system to meet applicable guidelines

Review loan documents against established procedures for presence, completeness, accuracy, and compliance

Ability to analyze and calculate complex income/employment (e.g. paystubs, W2, tax returns etc.), asset and credit documentation to determine eligibility against published guidelines

Assist with issues including but not limited to the following: fee calculations to balance the APR Calculations, High-Cost calculations, Qualified Mortgage (QM) classifications, disclosure timing requirements, tolerance testing limits and Texas 50 (a)(6) testing to ensure compliance with Federal and State regulations

Communicates well with both internal and external partners, ability to articulate clearly complex mortgage interpretations

Qualification

Mortgage originations experienceAnalytical skillsMortgage workflowsLeadership experienceCommunication skills

Required

A minimum of 5 years of related mortgage originations experience, including various products such as Agency, Non-Agency and Community lending

Demonstrated experience as a mentor and leader

Excellent written and oral communication, analytical, problem-solving, decision-making, and computer skills required

Strong understanding of mortgage workflows and processes

Bachelor's Degree or applicable work experience required

Benefits

Medical, dental & vision coverage

401(k)

Life, accident, and disability insurance

Wellness programs

Paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

Company

Citi

Glassdoor3.8

Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress.

Founded in 1812

San Antonio, Texas, USA

10001+ employees

https://www.citi.com

H1B Sponsorship

Citi has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (1386)

2024 (849)

2023 (1375)

2022 (1117)

2021 (876)

2020 (901)