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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

 

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