Loan Workout Manager jobs in Rapid City, SD

We're looking to GROW and open a branch in Rapid City, Dakota!!! We need a dynamic mortgage leader who is ready to take control of your business and grow with us! All employment inquiries are kept confidential.

MORTGAGE BRANCH MANAGER

Summary

The Branch Manager is responsible for managing the daily loan flow of the mortgage branch, meeting sales goals, managing and maximizing financial performance within branch and training and coaching team members.

Responsibilities

• Develops new business opportunities and sales leads by cultivating relationships with realtors, builders, bankers, etc.
• Develops a solid knowledge of PRMI products and offers the best mortgage products to match client needs
• Management and oversight of the branch, including people, resources, support and training.
• Reviews application information and requests required support documentation based on loan investor guidelines
• Corresponds, communicates, and coordinates with applicants, in-house support staff, and outside service providers to manage the pipeline and facilitate timely closings
• Carries out major assignments affecting business operations of the employer or the employer’s customers
• Performs the following tasks in completion of major assignments if the Branch Manager is a loan originator:
• Collects and analyzes information regarding the customer’s income, assets, investments, or debts
• Analyzes applicant data, credit, and collateral property value
• Determines which financial products best meet the customer’s needs and financial circumstances
• Provides advice to the customer regarding the advantages and disadvantages of available financial products
• Markets, services, or promotes the employer’s financial products

Qualifications

• A minimum of 3 years of mortgage sales experience required
• A minimum of 1 years of management experience preferred
• Must have excellent written and verbal skills
• Ability to multi-task with little or no supervision
• Must be a team player and know how to help boost morale

Company Description

Primary Residential Mortgage, Inc. (PRMI) is a nationwide, independent, full-service, residential mortgage banker. PRMI specializes in providing our industry’s top professional originators and managers an exceptional career experience.

PRMI Highlights:

• Founded in 1998
• 300 Branch Locations in 42 States
• Licensed to originate in 49 states and the District of Columbia.
• Local, In-Market Operations (Underwriting & Closing) – Sales controls the file prioritization.
• FNMA, FHLMC, GNMA Direct
• P&L Branch Model
• Unprecedented stability and tenure amongst our Executive Leadership Team and Sales Teams
• On average, our Sales Teams have been with PRMI for 7 years!

Job Type: Full-time

Pay: $44,798.42 - $153,950.79 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Compensation package:

• Commission pay

Schedule:

• Monday to Friday

Work setting:

• In-person
• Office

Work Location: In person