Talent.com
Team Lead- Mortgage
Team Lead- MortgageMidland States Bank • Rockford, Illinois, US
No longer accepting applications
Team Lead- Mortgage

Team Lead- Mortgage

Midland States Bank • Rockford, Illinois, US
30+ days ago
Job type
  • Full-time
Job description

Any additional information you require for this job can be found in the below text Make sure to read thoroughly, then apply.

Position Title : Team Lead- Mortgage

Locations : Rockford_IL

Time Type : Full time

Req ID : JR1038-Rockford_IL

At Midland, we’re proud to be a little different. You can see it in our bright orange signs-but there’s more to it than that. With our heartfelt and personalized approach, we’re focused on meeting every customer’s needs with the brightest solutions.

For more than 140 years, we’ve learned by serving customers skillfully with dedication and follow-through, we can brighten every interaction to drive our collective success. And this goes beyond traditional banking.

We foster programs that empower our communities, continuously invest in our employees, and actively pursue brighter futures for all.

Our humble ambition keeps us growing, giving back, and looking ahead. We’re innovating and optimizing our services to ensure we stay unique - providing strength you can count on with heart you can feel.

You might say we’re unlike any other bank.

And you’d be right."

At Midland States Bank, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but not limited to) education, skills, internal equity, and experience. This position offers additional compensation in the form of short-term incentives (i.e. bonus and / or commission) and may include long-term incentives (i.e. stock awards). Benefits for this role include comprehensive healthcare, well-being benefits, paid family leave as well as generous paid time off. Total Rewards also include banking perks, an Employee Stock Purchase Plan, 401K plan with company match and may include the opportunity to participate in our Non-Qualified Deferred Compensation plan. Incentives and benefits are subject to eligibility requirements.

Position Summary

This position performs a wide range of duties relating to the origination of residential mortgage loans for branch offices and outside referrals. Meet standards and objectives defined by management for personal mortgage loan sales and cross-selling objectives. Assume overall responsibility for the residential mortgage loan from application to closing on personal production. In addition, responsible for overall production of the team and the day-to-day management of each Loan Originator (LO). Effectively partner with fulfillment Operations to drive closed volume. This position is a leadership role.

Primary Accountabilities

People

  • Manages a team of professionals in a customer-centric culture to excel in a fast-paced environment.
  • Coaches, develops, and conducts performance management activities with direct and indirect reports.
  • Identifies high-potential employees for advanced training and development opportunities.
  • Effectively manages poor performers.
  • Manages a team of at least 1 Mortgage Loan Originator (MLO) or Jr. Mortgage Loan Originator.

Relationship Management and Sales Development

  • Develops and nurtures relationships with referral sources to generate new business opportunities.
  • Cultivates a sales-focused culture within the team and contributes to the development of effective marketing strategies.
  • Fosters a culture of compliance and ethical sales practices.
  • Ability to generate annual production in excess of $20 million.
  • Manages personal and team production to achieve monthly production goals.
  • Holds business plan reviews with sales team.
  • Builds strategic and tactical plans for driving volume growth in assigned area.
  • Participates in sales calls with Loan Originator’s.
  • Identifies opportunities for improvement in systems and procedures to enhance efficiency.
  • Accountable for verifying all loan originators are in compliance with state and federal regulation, as well as policies and procedures set by the bank.
  • Monitors quality levels of loan originators to insure adherence to standards.
  • Serves as an intermediary for loan issues with processing, manager and underwriting manager.
  • Provides support at bank sponsored events.
  • Other

  • The role requires occasional travel for training and team meetings, and willingness to travel periodically, to locations within market as needed.
  • May require work in a Midland office to ensure collaboration and support of internal and external customers.
  • Maintain compliance with all applicable regulations including, but not limited to, the Bank Secrecy Act (BSA).
  • Other duties as assigned.
  • Position Qualifications

    Education / Experience :

  • Bachelor’s degree in business, finance, real estate, or related field.
  • Minimum of 3 years of experience leading teams with demonstrated success coaching and motivating team members.
  • 5 years’ experience in real estate / mortgage sales required.
  • NMLS State License or Federal NMLS Registration.
  • Strong entrepreneurial and business development / sales experience / skills.
  • Knowledge of FHA, FNMA and FHLMS underwriting guidelines.
  • Subject matter expert in mortgage compliance regulations.
  • Business acumen and judgment- bank mortgage products, policies, and procedures.
  • Needs analysis skills - analyzing information regarding customer income / debts, etc. Interpersonal / Persuasive / Influencing and negotiation skills.
  • In-depth knowledge of conventional, government, and portfolio guidelines.
  • Knowledge of residential mortgage processing, underwriting, and closing procedures.
  • Knowledge of federal lending regulations governing real estate lending.
  • Excellent oral, written, and interpersonal communication skills with the ability to instruct others, interpret documents, and write reports and correspondence.
  • Excellent organizational and time management skills.
  • Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.
  • Competencies :

  • Business insight
  • Cultivates innovation
  • Drives results
  • Makes sound decisions
  • Being a brand champion
  • Collaborates
  • Communicates effectively
  • Customer focus
  • Being Authentic
  • Emotional Intelligence
  • Self development
  • Being flexible and adaptable
  • At Midland States Bank, we believe that when we can bring our whole selves to work each day, we become happier, more comfortable, more confident and more excited to do great things for our customers, each other and our company. We’re proud to be an Equal Opportunity and Affirmative Action employer. At Midland, we recruit, employ, train, compensate and promote without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. If you are looking for a place to grow, we encourage you to apply at Midland States Bank, because you belong here.

    If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Midland States Bank Human Resources at HR@midlandsb.com.

    THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT

    PI8c1686c3e4e6-30134-38327187

    Create a job alert for this search

    Team Lead • Rockford, Illinois, US

    Related jobs
    Team Lead- Mortgage

    Team Lead- Mortgage

    Midland States Bank • Rockford, IL, United States
    Full-time
    At Midland, we’re proud to be a little different.You can see it in our bright orange signs-but there’s more to it than that. With our heartfelt and personalized approach, we’re focused on meeting ev...Show more
    Last updated: 30+ days ago • Promoted
    Associate Team Leader

    Associate Team Leader

    H&R Block • Janesville, WI, US
    Full-time +1
    At H&R Block, we believe in the power of people helping people.Our defining Purpose is to provide help and inspire confidence in our clients, associates, and communities everywhere.We also believe ...Show more
    Last updated: 25 days ago • Promoted
    Commercial Credit Analyst

    Commercial Credit Analyst

    Gpac • Beloit, Wisconsin, United States
    Full-time +1
    Quick Apply
    The Commercial Credit Analyst will support the lenders in underwriting requests for credit extensions to new and existing commercial loan clients. The right credit analyst will perform detailed fina...Show more
    Last updated: 30+ days ago
    Territory Sales

    Territory Sales

    Spectrum • Beloit, WI, United States
    Full-time
    This role requires the ability to work lawfully in the U.Connect people and communities by offering best-in-class telecommunication services through door-to-door solicitation of new prospective cus...Show more
    Last updated: 30+ days ago • Promoted
    Floating Full Time Teller

    Floating Full Time Teller

    Blackhawk Community Credit Union • Janesville, WI, United States
    Full-time
    Blackhawk Community Credit Union began in 1965 with the Fisher Body Division of General Motors- Janesville and office employees of UAW Local 95. Over the last 59 years we have grown in locations, me...Show more
    Last updated: 25 days ago • Promoted
    Collections Specialist

    Collections Specialist

    AccuLynx • Beloit, WI, United States
    Full-time
    AccuLynx is a fast-growing SaaS provider of CRM / project management software for roofing contractors.With more than 10 years in the business and impressive year-over-year revenue growth, we have qui...Show more
    Last updated: 25 days ago • Promoted
    Retail Relationship Banker

    Retail Relationship Banker

    Bmo • Janesville, WI, US
    Part-time
    Retail Banking Sales & Service.Delivers exceptional service to BMO customers and prospects.Identifies customer needs and provides advice and guidance regarding financial solutions that are in the b...Show more
    Last updated: 30+ days ago • Promoted
    Mortgage Field Services Inspector

    Mortgage Field Services Inspector

    FAR Inspections • Rochelle, IL, US
    Full-time
    Quick Apply
    Apply HERE Only FAR Inspections is looking for highly motivated individuals to perform residential occupancy verifications on behalf of mortgage lenders. Independent contractors earn predictable ful...Show more
    Last updated: 30+ days ago
    Reverse Mortgage Originator Development Program

    Reverse Mortgage Originator Development Program

    Mutual of Omaha Mortgage • Rockford, IL, US
    Full-time
    Reverse Mortgage Loan Officer Development Program.This is a great opportunity to launch your career into the reverse mortgage industry with our 12-month development program.Come join the winning te...Show more
    Last updated: 30+ days ago • Promoted
    Part Time Teller

    Part Time Teller

    PNC • Loves Park, IL, United States
    Full-time +1
    At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve.We are all united in delivering the best experience for our customers.We work together each day ...Show more
    Last updated: 25 days ago • Promoted
    Teller

    Teller

    Associated Bank • Beloit, WI, US
    Full-time
    At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your gr...Show more
    Last updated: 30+ days ago • Promoted
    Shift Lead

    Shift Lead

    Walgreens • Janesville, WI, US
    Full-time
    Opens and closes the store in the absence of store management, including all required systems start-ups, required cash handling, and ensuring the floor and stock room are ready for the business day...Show more
    Last updated: 30+ days ago • Promoted
    Teller

    Teller

    Associated Bank - Corp • Beloit, WI, United States
    Full-time
    At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your gr...Show more
    Last updated: 30+ days ago • Promoted
    Data Center Procurement Killer!

    Data Center Procurement Killer!

    RM Staffing B.V. • La Rochelle, NAQ, FR
    Full-time
    Reboot Monkey is a leading provider of comprehensive data center management solutions, offering services such as managed colocation, smart hands, and rack and stack solutions.We ensure fast deploym...Show more
    Last updated: 30+ days ago
    Team Lead- Mortgage

    Team Lead- Mortgage

    Midland States Bank Careers • Rockford, Illinois, US
    Full-time
    At Midland, we’re proud to be a little different.You can see it in our bright orange signs-but there’s more to it than that. With our heartfelt and personalized approach, we’re focused on meeting ev...Show more
    Last updated: 30+ days ago • Promoted
    Full Time Universal Banker / Teller I

    Full Time Universal Banker / Teller I

    First Mid Bank & Trust • Beloit, WI, United States
    Full-time
    Full Time Universal Banker / Teller I .At First Mid, base salary is one component of our Total Rewards program.Exact compensation is determi...Show more
    Last updated: 30+ days ago • Promoted
    Side Hustle Project Lead

    Side Hustle Project Lead

    Finance Buzz • Rochelle, Illinois, US
    Full-time +1
    We’re offering a role for someone who wants to lead their own side-income project in their spare time.You’ll explore various proven side hustles, select the ones that fit your lifestyle, and run th...Show more
    Last updated: 30+ days ago • Promoted
    Service Team

    Service Team

    Panda Restaurant Group • Janesville, WI, US
    Full-time
    Join us as a Service Team Associate.We’re looking for friendly team players to create a warm environment for our guests and provide great service for our guests. Thrive in a safe and supportive work...Show more
    Last updated: 30+ days ago