Secondary Market Mortgage Leader

Job Description

Job Title: Secondary Market Mortgage Leader

Reports To: Bank President

FLSA Status: Exempt

Summary:

The Secondary Market Mortgage Leader will perform a wide range of supervisory, administrative, and mortgage lending functions within the Bank of Clarendon network.

Essential Duties and Responsibilities including but not limited to:

Loan Origination/Pipeline Development (60%)

Work with area Realtors, builders, attorneys, and other professionals to generate mortgage loan referrals and leads.

Be actively involved in community activities to foster relationships and generate name recognition.

Work closely with the Marketing Department and Office Managers to identify mortgages opportunities in each market.

Meet with loan prospects to thoroughly review mortgage offerings.

Develop specific mortgage options for each prospect, complete the loan origination paperwork, and work with the mortgage loan processor to timely complete and close each package.

Develop rapport with other bank personnel, especially lenders, to develop an internal source of referrals.

Supervisory and Administrative (30%)

Work with mortgage partners to develop programs that meet the bank’s needs.

Maintain an updated mortgage pipeline report that can easily be shared with executive management on a frequent basis.

Maintain performance reports related to closed loans that include premiums earned, interest rates, average days to close, and other pertinent information as requested by management.

Develop department goals and be the catalyst to promote and achieve those goals.

Create a work environment in which other originators and/or processors can remain motivated, well-trained, and can successfully develop their skills.

Participate in required training and follow all regulatory requirements including those pertaining to the Bank Secrecy Act (BSA).

Monitor, identify and report unusual and suspicious activities to the BSA Officer.

Perform all other tasks as assigned by management (10%)