VP- Home Loans
Company: Together Credit Union
Location: Saint Louis
Posted on: January 16, 2022
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Job Description:
VP - Home Loans
At Together Credit Union, we're in the business of building
relationships that last a lifetime. We accomplish this by providing
comprehensive banking products and financial services at higher
savings rates, lower loan rates, and reduced fees than our
competitors. With 27 branches nationwide and 24/7 member resources
and amenities, we are empowering more than 136,000 members achieve
their financial goals daily. As a member-owned, not-for-profit
financial institution, we also provide educational resources,
expert advice, and professional guidance focused on your financial
wellbeing. We believe living your best life requires smart decision
making, and it is our mission to be there, supporting you, during
your most important moments and milestones.We are
community-focused, and actively support small businesses. We take
the time to understand each business members unique situation,
providing solutions to grow and thrive, creating local jobs and a
healthy economy. Additionally, we give back to our members and
communities through volunteerism, service, charitable acts,
scholarships, grants, and donations. Achieve what matters most, and
trust Together Credit Union to be there for you every day. Learn
more at togethercu.org.About Us: Formerly known as Anheuser-Busch
Employees Credit Union, American Eagle Credit Union, and Purina
Credit Union, Together Credit Union is chartered by the state of
Missouri, and federally insured by the National Credit Union
Administration (NCUA). With more than $2 billion in total assets,
Together Credit Union is not a subsidiary of Anheuser-Busch
Companies, Inc., or any of its affiliates.What is a credit union:
Credit unions are not-for-profit organizations that exist to serve
their members. Like banks, credit unions accept deposits, make
loans and provide a wide array of other financial services. But as
member-owned and cooperative institutions, credit unions provide a
safe place to save and borrow at reasonable rates. (from
MyCreditUnion.gov)Achievements: By actively serving by our four
core values, Service with Excellence, Value Diversity, Act with
Integrity, and Take Ownership, Together Credit Union has earned
recognition as a two-time Best-In-State Credit Union by Forbes
Magazine and was chosen as a 2019 and 2020 Corporate Philanthropy
honoree by both the Credit Union National Association and the St.
Louis Business Journal. Job SummaryResponsible for the profitable
and efficient operation of the Real Estate and Home Equity loan
portfolio of the Credit Union. Responsible for increasing earnings
potential through increased loan volume and fee income. Oversee all
areas of loan production, underwriting, loan servicing, secondary
market and loss mitigation. Ensure the overall loan quality is
compliant with all Federal and State regulatory agencies, TOGETHER
CREDIT UNION policies and secondary market guidelines. Primary
Responsibilities - Manages, plans, organizes and directs the daily
activities of the origination, processing, underwriting, closing,
funding, post closing, loan delivery, interest rate risk, quality
control and servicing of nationwide first mortgage, home equity
loans.- Develops and monitors sales team of loan originators;
plans, markets and executes community events and realtor
activities. - - Makes recommendations regarding loan policy and
underwriting guidelines. - Provides ongoing training for Loan
Officers relative to sales techniques, product and
technical/regulatory/investor requirements. - Develops marketing
strategies and campaigns for the various mortgage loan products and
services. - Coordinates with Marketing Department ideas to promote
TOGETHER CREDIT UNION 1st mortgage and home equity products and
services. Conducts Home Buying Seminars in cooperation with area
Realtors to generate awareness of TOGETHER CREDIT UNIONs loan
products and services to its membership. - Assigns, directs,
coordinates, and reviews work of staff. - Recommends departmental
goals, personnel performance expectations, and appropriate staffing
levels. Creates a culture of success within the department. Reviews
and prepares employee performance evaluations on a timely basis
Recommends salary adjustments, promotions, disciplinary actions,
discharges, and other personnel related needs, actions, or
activities - Cultivates branch awareness of mortgage products and
services through frequent interaction with staff. Ensures written
procedures and guidelines for first mortgage, home equity and loss
mitigation services and policy are complete. - Prepares annual
budget for department. Designs overall staffing plan; makes
recommendations for increasing/decreasing staff, recruit, hire and
terminate department staff. Prepares and conducts all performance
reviews for department staff and documents employee files according
to TOGETHER CREDIT UNION policies. - Provides clear direction and
supervision to the origination and servicing staff regarding job
assignments and performance to achieve departmental goals
communicating TOGETHER CREDIT UNIONs goals and policy changes on a
regular basis. - Provides training to branch personnel on 1st
mortgages, home equity loans and loss mitigation. Reviews each
branchs 1st mortgage and home equity loans to monitor daily
pipelines. - Available to handle branch inquiries and/or problems
as they arise on 1st mortgage and home equity loans. Monitors,
review audits, and assist branches to ensure compliance with
regulatory, investor, and TOGETHER CREDIT UNION policies and
procedures on 1st and home equity loans and advise branches of
procedures necessary to cure deficiencies. - Ensures that all
origination and servicing functions have been completed in an
accurate and timely manner and performed in accordance with all
Federal and State laws, regulations, investor requirements and
TOGETHER CREDIT UNION policies, procedures and guidelines resulting
in the high quality of loan production and servicing and taking
corrective action to turn around substandard performance. -
Researches, develops, and prepares proposals for new product
implementation to provide the most competitive products, rates and
prices available. Implements, develops and trains staff and
branches on automated systems to improve efficiency levels and
reduce costs. - Researches, reviews, develops, trains and
implements new documentation for new products and
services.Establishes and maintains on-going vendor relationships
with appraisers, title companies, insurance companies, attorneys,
and secondary market investors. - Promotes a positive relationship
between the members (internal and external) and the Credit Union
and understands that service delivery to members is the number one
priority of the Credit Union. - Completes all other tasks,
assignments or functions as assigned and/or required. - Must comply
with applicable laws and regulations, including but not limited to,
the Bank Secrecy Act, the Patriot Act, and the Office of Foreign
Assets Control. - Maintains current working knowledge of all jobs
and functions of 1st mortgage and home equity lending. Provides
staff and branches with continuous on the job training of new
government requirements, real estate laws and policy changes
governing mortgages and home equity loans.
Qualifications - 10 years of similar or related experience,
including preparatory experience.- Bachelors degree- The ability to
motivate or influence internal or external senior level
professionals is a critical part of the job, requiring a
significant level of influence and trust.- Obtaining cooperation
and agreement on important outcomes via frequently complex, senior
level dialogues, as well as a professional level of written
communication skills are essential to the position.- Knowledge of
all mortgage loan programs, documentation requirements and rate
commitments and lending policies.- Must be able to perform job
functions independently or with limited supervision and work
effectively either on own or as part of a team.- Must be able to
complete basic mathematical calculations, spell accurately, and
understand computer basics.- Must be able to speak clearly and
deliver information in a logical and understandable sequence.- Must
be capable of dealing calmly and professionally with numerous
different personalities from diverse cultures at various levels
within and outside of the organization and demonstrate highest
levels of customer service and discretion when dealing with the
public- Must be able to perform responsibilities with composure
under the stress of deadlines / requirements for extreme accuracy
and quality and/or fast pace.- Must be able to effectively handle
multiple, simultaneous, and changing priorities.- Must be capable
of exercising highest level of discretion on both internal and
external confidential matters.
Working Conditions- Is able to bend, sit, and stand in order to
perform primarily sedentary work with limited physical exertion and
occasional lifting of up to 10 lbs.- Must be capable of climbing /
descending stairs in an emergency situation.- Must be able to
operate routine office equipment including computer terminals and
keyboards, telephones, copiers, facsimiles, and calculators.- Must
be able to routinely perform work on computer for an average of 6-8
hours per day, when necessary.
Keywords: Together Credit Union, St. Louis , VP- Home Loans, Executive , Saint Louis, Missouri
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