Job Description
To apply, you must visit this site: First Federal Bank
Remote work possibility.
Job Duties and Responsibilities
Responsible for sourcing well qualified mortgage bankers interested in obtaining warehouse financing from First Federal Bank to grow the bank’s portfolio of customers. Serve as the Relationship Manager and main bank contact to the mortgage banker. Additional duties include:
Ø Sourcing warehouse line applications from qualified mortgage bankers who meet the bank’s credit criteria
Ø Overseeing and reviewing the results of the financial analysis of applicant underwritten by bank’s credit dept.
Ø Conducting background checks of mortgage company and guarantors using various resources as required by bank
Ø Presenting requests for new warehouse facilities and annual reviews to loan committee for approval
Ø Conducting initial and periodic site visits to the mortgage bankers place of business.
Ø Attending mortgage banking industry conferences to meet with existing customers and source prospective new customers
Ø Overseeing timely receipt of required financial information to ensure monthly, quarterly and annual financial covenant monitoring
Ø Continuously monitoring mortgage loans in the pipeline and aging reports to detect collateral or mortgage banker operational issues early
Ø Cross sell other bank products and services to enhance relationship
Job Requirements
Bachelor’s degree in business with direct relationship management experience in warehouse lending a plus. Three to five years in a mortgage banking sales or lending environment. Ability to work under time constraints with strong attention to detail. Ability to travel frequently nationwide to source new clients. Superior written and verbal communication skills. Strong analytical skills and professional judgment.
Bilingual candidates encouraged to apply.
EQUAL OPPORTUNITY EMPLOYER / VET / DISABILITY
E - Verify Employer
Expires: 05/31/2025
About
First Federal Bank
First Federal has been committed to both exceptional service and value. Today, we are a community-based mutual bank that serves over 70,000 customers from 25 community banking branches, mortgage lending offices in Florida, the Southeast and Midwest, and SBA and USDA lending offices in the Southeast. Because we are a mutual bank, we are owned by our customers and not stockholders, which allows us to truly focus on our customers’ needs.
Built on conservative yet progressive principles, over the past 5 years, First Federal has increased its business lines to include a mortgage processing company, wholesale lending, specialty commercial financing, warehouse lending, consumer direct lending, and a manufactured housing lending division. This diversity allows First Federal to serve more people and businesses across the Southeast.