Senior Vice President at The Federal Savings Bank
United States
<p>Description</p><p><strong>Who We Are</strong></p><p><br/>The Federal Savings Bank is a veteran-owned, federally chartered bank that offers the widest array of Fannie, Freddie, Ginnie, jumbo, and bank portfolio loan programs. We are currently seeking an experienced, high-energy, and motivated Senior Vice President to join our team. The role of a producing <strong>Senior Vice President </strong>is indeed a significant one, which requires proficient strategic thinking to drive sales excellence and deliver predictable results.</p><p><br/><strong>Why Choose Us?</strong></p><ul><li>As a federally chartered bank, your team can originate in all 50 states from day one</li><li>Unique portfolio programs allow you and your referral partners to “say yes” to more borrowers such as ITIN, New Construction, Second Home & Investment Properties</li><li>Robust marketing support programs, mobile app, custom design requests that will give you and your team the edge they need.</li><li>A company culture where originators are encouraged to build their own brand while leveraging The Federal Savings Bank platform.</li><li>Annual Chairman's Club trips to desirable destinations like Italy, Peru, and Spain!</li></ul><p><strong>What to Expect</strong></p><ul><li>Experienced and highly trained operations staff for Processing, Underwriting, Closing and Post Closing (ALL 100% IN HOUSE). On-site operations support available in most loan production offices.</li><li>Loan products for every scenario: FHA/VA, Conventional, USDA, Jumbo, 203k and Renovation, Condos/Co-ops, Multi-Family, Commercial, Personal Lending and more</li><li>Strong Secondary Department with 40+ investor relationships. We are a direct seller/servicer to Fannie Mae, Freddie Mac and Ginnie Mae.</li><li>401k, Medical, Dental, and Vision insurance plans available.</li><li>Extremely competitive commission and compensation plans.</li></ul><p><strong>What You’ll Do</strong></p><ul><li>Recruiting, mentoring, and developing a successful team that not only meets but exceeds expectations in customer service, production goals, and community reputation. </li><li>Managing the day-to-day sales organization of the team that you build. </li><li>Playing a crucial role in establishing and managing the team budget to ensure profitability, growth, and sustainability. </li><li>Working closely with corporate staff to monitor, optimize, and improve the performance of Loan Originators.</li><li>Identifying and pursuing new business opportunities and partnerships to expand the company's market presence and revenue streams will be a key part of your responsibilities.</li><li>Developing and maintaining lifelong relationships with consumers, business partners, and colleagues are paramount for this role. </li><li>Driving innovation in sales processes, methodologies, and technologies to enhance efficiency will also be a priority.</li></ul><p>Requirements</p><p><strong>What You’ll Bring</strong></p><ul><li>10 years in mortgage sales, with at least 5 years in a leadership role. </li><li>A proven record in driving sales growth between $200 to $400 million per year in team production is essential. </li><li>Personal production of 1-2 loans per month</li><li>In-depth knowledge of mortgage lending processes, regulations, and compliance requirements.</li><li>A strong track record of success in sales leadership roles with progressively increasing levels of responsibility.</li><li>Strong leadership and interpersonal skills. </li><li>Ability to inspire and motivate team members. </li><li>Excellent analytical and problem-solving abilities. </li><li>Strategic mindset, and attention to detail. </li><li>Exceptional communication skills, both verbal and written, are necessary to effectively interact with stakeholders at all levels.</li><li>Proficiency in mortgage lending software (Encompass/Blend) and technology platforms such as Total Expert or a similar CRM is a plus. </li></ul><p><u><strong>Outside Sales Compensation</strong></u></p><p>This position is 100% commission and those hired are eligible to earn monthly commissions that are based upon a percentage, 50-200 basis points (0.50%-2.00%), of funded loan volume. Total volume funded is based on individual production and performance. There is no cap on commissions. </p><p><br/></p><p><u>For more information please contact:</u></p><p><strong>SARAH HELTON, </strong><em><strong>Vice President of Business Development</strong></em></p><p><strong>Phone: 847-977-1858</strong></p><p><strong>Email:</strong> shelton@thefederalsavingsbank.com </p><p><br/></p><p><em>The Federal Savings Bank is an</em> <em><strong>equal opportunity employer</strong></em><em>. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.</em> </p>
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