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Mortgage Production Manager

Company: First National Bank
Location: Lynchburg
Posted on: August 8, 2022

Job Description:

Job DescriptionFirst National Bank is actively seeking talented people who will help us fulfill our mission: provide an extraordinary customer experience. For over a century, we have honed quality products and efficient services by attracting and training top industry talent in the Lynchburg, Charlottesville, and Danville areas. We seek candidates who strive to be their best in a workplace where everyone feels valued and inspired.First National Bank is proud to offer competitive benefits: medical, dental, and vision insurance, Paid Time Off, Retirement plans that include 401k and a Pension plan, Life Insurance, Tuition Assistance, Employee Assistance programs and so much more.Do you desire to be part of an exciting, fast-growing company? Extraordinary customer service begins with outstanding employees! We invite you to learn more about First National Bank by visiting our website at JOB SUMMARY: The Mortgage Production Manager is responsible, with the support of the Chief Revenue Officer, for the outcomes of the secondary market mortgage origination process, working closely with lending partners and third-party vendors while coaching and supervising the team to the Bank's strategic goals for financial performance. This role also originates their own mortgage applications balancing the customer service standards set by the Bank while overseeing the team and its operations. The Mortgage Production Manager at First National Bank engages in the community in a manner which reflects favorably on the Bank making a positive impact on the regions we serve through an ongoing investment in external community involvement and personal development fostering the same in those working in the department. Supervisory: Manages a team of mortgage loan originators and administrative support positions. Representative duties of the Mortgage Production Manager position:

  • Executes the directives of the Chief Revenue Officer and other members of Senior Management
  • Responsible for the Mortgage department's profitability
  • Supervise and motivate department staff, setting goals and evaluating performance of all staff members.
  • Supervise all aspects of department operations with the support of third-party vendors and Chief Revenue Officer.
  • Maintain awareness of experienced loan officers in the markets we serve that may fit into the Bank's strategic plans.
  • Seek training resources for mortgage officers in product specifications. Encourage loan officers to learn, use and expand knowledge of technology function and investor products in order to enhance business.
  • Promote loan production through example, encouragement and education of mortgage officers.
  • Perform as a managing producer supporting al functions of the area while originating own pipeline.
  • Oversee business development efforts by originators; both individually and corporately
  • Seek opportunities to expand customer relationships by recommending other bank products and services and making referrals to other areas as may be required.
  • Seek business opportunities through realtor and referral relationships, marketing and coaching originators to do the same.
  • Participate in community activities to increase the bank's visibility; including non-profits and homeownership education
  • Develop, Maintain and manage multiple secondary market lending relationships. Constantly monitor for new products and investor. Manage all third-party vendor relationships.
  • Responsible for the Department's accountability for originations to meet all compliance regulations, including Fair Lending, RESPA, Equal Credit Opportunity, Reg B, Reg C, Reg Z Truth in Lending and the SAFE Act.
  • Ensure government loans are closed in compliance with FHA and VA guidelines as required, including compliance with the Bank's Quality Control Plan. The OM will be responsible for monitoring and submitting loans to Accurate Quality Control as required by the plan.
  • Oversee and manage all documentation and compliance issues within the mortgage lending area in conjunction with third-party provider relationshipsExperience, education, knowledge, skills and abilities:
    • BS/BA degree with additional education and training in Real Estate Law, Compliance and Mortgage Lending provided by seminars or graduate college work.
    • Ability to sell, communicate and provide training to others (both employees and customers) concerning secondary market mortgage loan products and other bank products.
    • Ability to analyze personal financial statements, credit reports and Federal Tax Returns.
    • Ability to interpret oral instructions, written policies and procedures, and government regulations.
    • Ability to interpret rules and guidelines concerning origination, selling and servicing of mortgage loans.
    • Moderate to advanced PC skills including word processing and excel; Encompass software preferred
    • Ability to interact with customers and answer questions and concerns.
    • On-going knowledge of economics and impacts of interest rate fluctuations.
    • Extensive prior lending experience and experience in supervising and coaching others
    • Understanding of mortgage pricing and lender compensation regulationsWe are proud to be an EEO/AA/M/F/Disabled/Veteran employer

      Job Posted by ApplicantPro

Keywords: First National Bank, Lynchburg , Mortgage Production Manager, Professions , Lynchburg, Virginia

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