Overview
This role is responsible for generating new business and maintaining existing customer relationships to support the growth of the Mortgage Warehouse Lending portfolio.
Responsibilities
- Develop new business relationships and build a strong referral system within the assigned market to drive significant portfolio growth and increase market share in Mortgage Warehouse Lending.
- Collect and analyze information to reflect customers’ current creditworthiness and the merits of mortgage loans they produce.
- Serve as a primary point of contact for new Mortgage Warehouse Lending relationships.
- Provide excellent customer service at all points of contact.
- Participate in the negotiation of pricing and credit terms.
- Participate in due diligence and pre-screening; ensure applications pre-qualify with all MWL program requirements.
- Participate in community affairs to increase visibility and enhance new business opportunities.
- Stay current on local and national economic, financial, political, and legislative events and climates that could impact corporate and commercial lending activities.
- Adhere to and comply with applicable federal and state laws, regulations, and guidance, including those related to anti-money laundering (e.g., Bank Secrecy Act, US PATRIOT Act).
- Adhere to organizational policies and procedures and complete required training.
- Identify and report suspicious activity.
Education
- Bachelor’s Degree preferably in Finance or Accounting required.
- Alternate combination of education and experience.
Experience
- 5+ years’ experience in warehouse lending business development required.
Knowledge, Skills, and Abilities
- Credit training and the ability to interpret financial statements.
- Ability to develop term sheets and make underwriting recommendations.
Preferred Qualifications
- Candidates residing in locations within the organization’s footprint may be given preference.
Location