Our Wholesale Account Executives will be responsible for soliciting and servicing a variety of loans. They provide decisions on loans and/or make recommendations to the supervisor. Tracks outstanding loans. Maintains and develops the broker business and correspondent lines for the Wholesale Department. This person must have extensive knowledge of the mortgage industry and its investors in order to be effective in helping to structure loans in the field for delivery... In addition, this individual will also be responsible to train Brokers on computer software platforms as necessary. Familiar with a variety of field concepts, practices, and procedures in Mortgage Banking. Relies on experience and judgment to plan and accomplish goals. Performs a variety of tasks. A wide degree of creativity and latitude is expected. Requires a minimum of 3 years of experience in the field or in a related area. Typically reports to a manager or head of a unit/department. RESPONSIBILITIES: Immediate responsibilities include, but are not limited to: • Develop and secure new broker business for the purpose of expanding the wholesale division. • Conduct presentations to Brokers weekly to showcase tools, benefits, programs, etc. • Visit and service established Corporate Wholesale brokers on a routine basis. • Review broker applications to assure completeness and accuracy prior to submission for management’s approval • Maintain and keep current Broker’s master files: i.e. site inspections, reference checks, current financials and licenses, etc. • Be primary contact for brokers to discuss packaging of submissions • Must personally meet minimum production expectations of $5,000,000 per month in fundings. • Assist brokers in structuring loans, scenario calls, locks and pricing issues. • Assist Broker Liaison with individual files to ensure timely closure of loans within lock and documentation expiration periods. • Advise management of any complaints or concerns regarding the performance of turn times, approval process, etc. within the broker community • Advise management of competitor product, pricing, and/or service offerings that impact his/her ability to compete in the market. • Market and promote. In the community, such as through participation in organizations and presentations at mortgage industry trade shows and events. Training: • Train wholesale accounts on proprietary computer programs and software platforms. • Train Brokers’ Loan Officers and/or Processors on issues of mortgage sales and packaging standards to increase the closure rate of transactions submitted. • Assist with procedures and deployment of I.T. facilities and applications for correspondent lending • All other duties as assigned by Management or required by business needs and market conditions. "Please respond to this Ad with your resume for more information." Location: Honolulu, HI 96813 Compensation: Negotiable Principals only. Recruiters, please don't contact this job poster. Please, no phone calls about this job! Please do not contact job poster about other services, products or commercial interests. hawaii
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