
Posted 14 days ago
Mortgage Lending Director - Generous Bonus Plan - To 250K - Madison, WI-Job 3811
MadisonOn-siteFull-time
AI Summary
The Director of Mortgage Lending leads the strategic growth, profitability, compliance, and operations of the bank’s residential mortgage lending division, managing production targets, cross-functional partnerships, and secondary market activities.
About this role
Mortgage Lending Director - Generous Bonus Plan – To $250K – Madison, WI – Job # 3811-147012
Who We Are
The Symicor Group is a boutique talent acquisition firm based in Schaumburg, 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
The Senior Vice President, Director of Mortgage Lending is responsible for the strategic leadership, growth, profitability, compliance, and operational performance of the Bank's residential mortgage lending division. The Director develops and executes strategies to expand mortgage production, enhance customer experience, improve operational efficiency, and strengthen referral relationships while ensuring compliance with all federal and state regulations.
This executive serves as a key member of the Bank's senior leadership team and partners with Retail Banking, Commercial Banking, Wealth Management, Marketing, Credit Administration, Operations, and Compliance to achieve the Bank's strategic objectives.
This position comes with a generous salary of up to $250K,a full benefits package, and a generous bonus plan. (This is not a remote position)
Mortgage Lending Director responsibilities include:
Strategic Leadership:
- Develop and execute the Bank's residential mortgage lending strategy.
- Establish annual production, revenue, profitability, and market share goals.
- Identify new mortgage products, delivery channels, and market opportunities.
- Recommend strategic initiatives to executive management and the Board.
- Develop annual operating budgets and financial forecasts.
- Monitor industry trends, housing markets, interest rates, and competitive activity.
Mortgage Production:
- Lead all residential mortgage origination activities.
- Grow purchase and refinance mortgage production.
- Establish sales goals for mortgage lenders.
- Monitor loan pipeline and funding performance.
- Improve loan turnaround times and customer satisfaction.
- Expand mortgage market share within the Bank's footprint.
- Build relationships with:
- Realtors
- Home builders
- Financial planners
- Attorneys
- CPA firms
- Title companies
- Community organizations
- Develop referral partnerships.
- Promote cross-selling between Retail Banking and Mortgage Lending.
- Participate in community events and business development activities.
Provide executive oversight for:
- Mortgage origination
- Processing
- Underwriting
- Closing
- Funding
- Secondary marketing
- Quality control
- Post-closing
Sales and Business Development:
- Ensure efficient workflows and continuous process improvement.
- Oversee mortgage sales to investors.
- Manage investor relationships.
- Monitor gain-on-sale margins.
- Evaluate portfolio versus secondary market retention strategies.
- Manage mortgage servicing release decisions.
- Ensure prudent underwriting standards.
- Monitor loan quality and delinquency trends.
- Review exceptions and high-risk lending.
- Partner with Credit Administration regarding policy updates.
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, Finance, Accounting, Economics, or related field required.
- MBA preferred.
- 10+ years of progressive mortgage lending experience.
- 7+ years of leadership experience.
- Experience managing mortgage sales and operations.
- Experience with secondary market lending.
- Community or regional bank experience preferred.
- Experience leading mortgage teams through changing interest-rate environments.
- Residential mortgage lending
- Secondary market operations
- FNMA/FHLMC guidelines
- FHA/VA/USDA lending
- Mortgage compliance
- Consumer regulations
- Credit underwriting
- Mortgage servicing fundamentals
- Pipeline management
- Pricing strategy
- Risk management
The next step is yours. Email us your current resume along with the position you are considering to:
resumes@symicorgroup.com
Skills
Community BankingConsumer RegulationsCredit UnderwritingFHA/VA/USDA LendingFNMA/FHLMC GuidelinesMortgage ComplianceMortgage LendingMortgage ServicingPipeline ManagementPricing StrategyRisk ManagementSecondary Market Lending
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