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Branch Manager

Loan DepotMontgomery, AL

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Job Description

Position Summary:

Responsible for developing and delivering an annual business and growth plan for an identified market and is directly accountable for all branch operations while developing and maintaining referral relationships with real estate professionals, builders and consumers.

Responsibilities:

  • Develops and manages an annual business and growth plan outlining goals for funded volume, contribution, and annual growth for identified markets designed to meet branch revenue targets while maintaining branch budget at approved expenditure levels.
  • Responsible for recruiting, developing and retaining branch production and other support staff to achieve branch sales and volume goals.
  • Analyzes potential marketing opportunities to develop future business opportunities.
  • Regularly engages in sales outreach to establish, grow, and sustain referral partnerships with real estate professionals, builders, and potential clients.
  • Creates productivity goals for branch personnel and holds branch personnel accountable for maintaining minimum productivity goals.
  • Manages branch efficiency ensuring established productivity and task management standards are met while reviewing controls and reporting on profit and loss activity.
  • Engages in managing the loan pipeline with all team members to meet company efficiency standards.
  • Serves as primary liaison for partnership between sales and operations.
  • Reads and understands rate sheets, product codes, and loan level price adjustments in order to calculate rates and fees.
  • Negotiates and confirms rates, fees, and locks terms with customers.
  • Locks loans in the system with agreed upon terms and manages locked pipelines through the funding.

Requirements:

  • Minimum of five (5)+ years' experience in mortgage.
  • Managerial experience leading employees of varying levels of proven success meeting and exceeding goals.
  • NMLS loan originator license required.
  • Continuing education classes required by licensing authority.

Why work for #teamloanDepot:

  • Aggressive compensation package based on experience and skill set.
  • Inclusive, diverse, and collaborative culture where people from all backgrounds can thrive.
  • Work with other passionate, purposeful, and customer-centric people.
  • Extensive internal growth and professional development opportunities including tuition reimbursement.
  • Comprehensive benefits package including Medical/Dental/Vision.
  • Wellness program to support both mental and physical health.
  • Generous paid time off for both exempt and non-exempt positions.

About loanDepot:

loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster, and less stressful to purchase or refinance a home. Today, as the nation's second largest non-bank retail mortgage lender, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional, and national philanthropic efforts.

Base pay is one part of our total compensation for a Branch Manager. The annual base compensation for this role is between $36,000 and $50,000. Your base pay will depend on multiple individualized factors, including possible bonus opportunities, market location & your job-related knowledge/skills.

We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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