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Chicago Mortgage Solutions LLC

VP, Branch Manager

Chicago Mortgage Solutions LLC, Schaumburg, Illinois, us, 60159


Zero Mortgage

The role of the VP, Branch Manager focuses on efficiently managing a mortgage lending branch. This position requires a thorough understanding of mortgage lending operations, sales strategies, regulatory compliance, and strong relationship-building skills to drive business growth within the branch. The VP, Branch Manager will be responsible for leading, managing, and growing a mortgage sales team, with a focus on driving profitability and efficiency within the branch. The ideal candidate will have an active team of NMLS certified loan officers.

VP, Branch Manager Responsibilities:Branch Operations Management:Oversee all aspects of the mortgage lending branch, including loan origination, processing, and closing processes.Ensure the efficient and accurate processing of mortgage applications and loans while adhering to industry regulations and company policies.Maintain a high level of customer satisfaction by facilitating a smooth and transparent loan application and approval process.Recruiting of Loan Officers.Management of personal and team loan pipelines.Sales and Team Leadership:Develop and execute sales strategies to achieve mortgage loan production goals and revenue targets.Lead and manage a team of loan officers, processors, and support staff by providing guidance, coaching, and performance feedback.Foster a collaborative and results-driven team environment to promote productivity and employee engagement.Motivating sales team to reach production goals.Helping loan originators structure loans to best suit the needs of borrowers.Manage to corporate objectives.Market Analysis and Growth:Stay informed about market trends, interest rates, and mortgage products to guide business decisions and maintain a competitive edge.Identify opportunities for business growth, expansion, and improvement in the local mortgage market.Compliance and Risk Management:Ensure compliance with federal, state, and local regulations, as well as company policies and procedures, throughout the lending process.Implement effective risk management strategies to mitigate potential fraud and other operational risk.

Education & Experience:

Minimum Required:High School Diploma or equivalent degree.Minimum of 5 years mortgage lending experience.Minimum of 2 years experience with successful recruiting.

Knowledge, Skills & Abilities:Extensive experience in mortgage lending, including loan origination, processing, and underwriting.Proven track record of leadership and team management, with the ability to motivate and guide teams to achieve goals.Strong understanding of mortgage products, industry regulations, and compliance standards.Excellent communication, negotiation, and interpersonal skills for effective relationship building.Demonstrated ability to develop and execute sales strategies, driving business growth and revenue.Proficiency in using mortgage software, CRM systems, and financial analysis tools.Experience working with referral sources (realtors, builders, financial planners) with a strong market presence and the ability to cultivate and maintain relationships to drive business growth.This role pays up to $200k/annually with equity!#J-18808-Ljbffr