Manager - Mortgage Lending (VP) - To 125K - Chicago, IL - Job 3444 - The Symicor Group
Chicago, IL
About the Job
Manager - Mortgage Lending (VP) – To $125K – Chicago, IL – Job # 3444
Who We Are
The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!
We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.
The Position
Our client is seeking to fill a Manager - Mortgage Lending (VP) role in the Chicago, IL area. This position is responsible for the direction, management and coordination of retail lending (originations, underwriting, and processing/closing), loan servicing and collections. Areas of specific focus include managing, processing of residential loan originations; development of new business/products/services; and ensuring Bank policies and procedures are adhered to and in compliance with all applicable Federal and State regulations. Drives strategic initiatives focused on customer experience, portfolio growth, asset quality and profitability.
This position comes with a generous salary of up to $125K and a full benefits package. (This is not a remote position)
Manager - Mortgage Lending (VP) responsibilities include:
- Provides leadership, coaching, direction, and supervision to direct reports within retail lending while also providing leadership to the management of loan servicing and collections. • Sets strategies and objectives aligned with the Bank’s strategic plan and executes by developing goals and sales plans that are monitored through various metrics including residential and consumer loan pipelines. Regular team meetings are held with the goal of driving performance.
- Actively participates in conjunction with the President/CEO to develop and generate residential and consumer marketing strategies. Continuously enhancing the customer experience through new products/services and more efficient processes. Seeks opportunities to differentiate and drive residential and consumer loan originations. Monitors sales performance to determine new product and promotion needs as well as the achievement of volume and profit projections.
- Develops and fosters effective industry relations, including but not limited to homebuilders and real estate professionals. Represents the Bank in various community, civic and community reinvestment functions to further enhance the Bank’s image while developing, establishing, and maintaining market position.
- Develops and oversees the residential and consumer loan origination process in accordance with the Bank’s loan and appraisal policy guidelines and ensuring efficiency of documentation, loan structure, systems and procedures. Monitors and maintains Pre-Qual program and procedures.
- Responsible for review and preparation of appropriate information for final residential loan analysis. May recommend conditions and terms of residential and consumer loan requests including approvals, declinations, returns or alternate loan programs. Reviews residential loan packages and prepares final analysis for compliance.
- Monitors competition and develops/recommends interest rate schedules. • Subject matter expert resolving highly complex, unique and escalated problems referred by team members, lenders or management. These issues may involve legal, compliance, accounting and/or customer issues.
- Keeps informed of all laws, regulations, developments and trends in residential and consumer lending and maintains expertise in internal policies and procedures to continually identify opportunities to improve the efficiency and effectiveness of the teams. Recommends revisions to residential and consumer loan policies and procedures for approval by President/CEO and Board or Directors.
- Maintains adequate internal controls and ensures procedures/task lists are kept to date. Acts as primary liaison with regulators and auditors relative to retail lending while providing support to loan servicing and collections.
- Oversees accuracy of disclosure and regulatory compliance for MortgagebotPOS website to ensure functionality.
- Takes the lead on new projects and provides leadership and guidance when delegating to direct reports.
- Provides oversight for the preparation, monitoring and quality control of a variety of reporting (i.e., Loan Policy Exceptions, production, pipeline status, commitments, etc.) to support management decisions and comply with audit and examination requests.
- Provides oversight for the preparation, monitoring and quality control of the year-end HMDA Reporting. Submits LAR to appropriate regulatory body within required periods. Ensures compliance with NMLS, FFIEC, and FDIC regulations.
Who Are You?
You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.
You also bring the following skills and experience:
- Bachelor’s Degree in business administration or another relevant field; or equivalent experience;
- Ten (10) years minimum of relevant experience within the financial services industry; • Five (5) years of experience leading a Lending Team with increasing senior management responsibilities;
- Strong working knowledge of Bank regulations/laws, residential guidelines, secondary market guidelines, Community Reinvestment Act;
- Competencies include leadership, communication skills, attention to detail, analytical/problem solving, ability to identify market/business opportunities,
- consultative/relationship builder.
- Knowledge of mortgage lending products, services, and systems.
- Excellent oral and written communication and presentation skills.
- High reasoning skills including the ability to define problems, collect data, establish facts, and draw valid conclusions.
- Ability to drive organizational change and optimize operational efficiency. • Ability to collaborate and relate well to all kinds of people, build appropriate rapport and constructive, effective relationships, and use tact and diplomacy to handle situations comfortably.
- Advanced user of Microsoft Office and report writing capabilities
- Ability to set clear and actionable expectations; stimulate learning, growth, and performance improvement in others; empower others to contribute at increasingly higher levels; and provide candid and beneficial feedback to team members.
The next step is yours. Email us your current resume along with the position you are considering to:
resumes@symicorgroup.com