Job Description
Job Type
Full-time
Description
Who We Are The Federal Savings Bank is a veteran-owned, federally chartered bank that offers the widest array of Fannie, Freddie, Ginnie, jumbo, and bank portfolio loan programs. We are currently seeking an experienced, high-energy, and motivated Senior Vice President to join our team. The role of a producing
Senior Vice President is indeed a significant one, which requires proficient strategic thinking to drive sales excellence and deliver predictable results.
Why Choose Us? - As a federally chartered bank, your team can originate in all 50 states from day one
- Unique portfolio programs allow you and your referral partners to "say yes" to more borrowers such as ITIN, New Construction, Second Home & Investment Properties
- Robust marketing support programs, mobile app, custom design requests that will give you and your team the edge they need.
- A company culture where originators are encouraged to build their own brand while leveraging The Federal Savings Bank platform.
- Annual Chairman's Club trips to desirable destinations like Italy, Peru, and Spain!
What to Expect - Experienced and highly trained operations staff for Processing, Underwriting, Closing and Post Closing (ALL 100% IN HOUSE). On-site operations support available in most loan production offices.
- Loan products for every scenario: FHA/VA, Conventional, USDA, Jumbo, 203k and Renovation, Condos/Co-ops, Multi-Family, Commercial, Personal Lending and more
- Strong Secondary Department with 40+ investor relationships. We are a direct seller/servicer to Fannie Mae, Freddie Mac and Ginnie Mae.
- 401k, Medical, Dental, and Vision insurance plans available.
- Extremely competitive commission and compensation plans.
What You'll Do - Recruiting, mentoring, and developing a successful team that not only meets but exceeds expectations in customer service, production goals, and community reputation.
- Managing the day-to-day sales organization of the team that you build.
- Playing a crucial role in establishing and managing the team budget to ensure profitability, growth, and sustainability.
- Working closely with corporate staff to monitor, optimize, and improve the performance of Loan Originators.
- Identifying and pursuing new business opportunities and partnerships to expand the company's market presence and revenue streams will be a key part of your responsibilities.
- Developing and maintaining lifelong relationships with consumers, business partners, and colleagues are paramount for this role.
- Driving innovation in sales processes, methodologies, and technologies to enhance efficiency will also be a priority.
Requirements
What You'll Bring - 10 years in mortgage sales, with at least 5 years in a leadership role.
- A proven record in driving sales growth between $200 to $400 million per year in team production is essential.
- Personal production of 1-2 loans per month
- In-depth knowledge of mortgage lending processes, regulations, and compliance requirements.
- A strong track record of success in sales leadership roles with progressively increasing levels of responsibility.
- Strong leadership and interpersonal skills.
- Ability to inspire and motivate team members.
- Excellent analytical and problem-solving abilities.
- Strategic mindset, and attention to detail.
- Exceptional communication skills, both verbal and written, are necessary to effectively interact with stakeholders at all levels.
- Proficiency in mortgage lending software (Encompass/Blend) and technology platforms such as Total Expert or a similar CRM is a plus.
Outside Sales Compensation This position is 100% commission and those hired are eligible to earn monthly commissions that are based upon a percentage, 50-200 basis points (0.50%-2.00%), of funded loan volume. Total volume funded is based on individual production and performance. There is no cap on commissions.
For more information please contact: Erin Ahern, S VP of Business Development, Talent Acquisition Phone: 773-339-9146 Email: eahern@thefederalsavingsbank.com
The Federal Savings Bank is an
equal opportunity employer . All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.
Job Tags
Full time, Bank staff