Production Manager
Paramount Residential Mortgage Group · Eatontown, NJ · 2 wk ago
Marketing$100k/yrPart-time
About the role
The Production Manager will be expected to manage goal-oriented Loan Officers; for a specific geographic area, as determined by the Branch Manager. The Production Manager will also be primarily responsible for the following recruiting, hiring and training a sales team capable producing quality loans. Key components of this position include developing and ensuring continuance of good relationships.
Responsibilities
- Exercise administrative control over sales function for region or specific geographic area.
- Assume leadership role among Loan Officers.
- Coach, motivate and support Loan Officers to ensure growth and profitability; expected production goals for each Loan Officer.
- Assist in planning and implementation of new sales and marketing programs in region.
- Provide present and potential brokers/sources with superior level of customer service.
- Responsible for development of new business.
- Determine a prospect’s needs and sell appropriate product.
- Sell loans for appropriate amounts, rates and terms that comply with PRMG’s program guidelines.
- Generate necessary reports to track sales production and effectiveness of the region’s marketing programs.
- Maintains working knowledge of federal, state and local governments’ and private investors’ policies and guidelines.
- Maintains strong familiarity with current trends in the real estate and mortgage banking industries as well as the company’s operating policies and procedures.
- Monitors, evaluates and recommends to senior management changes to department policies and procedures.
- Formalizes sales strategies, forecasts and reports as necessary.
Requirements
- Five years or more of management experience in mortgage operations (preferred).
- Minimum five years of related experience within the mortgage industry.
- Bachelor’s degree in finance, business, or economics.
Benefits
- Medical insurance
- Dental insurance
- Vision insurance
- Life insurance
- Short-term disability
- Long-term disability
- Health Savings Account (HSA)
- Flexible Spending Account (FSA)
- Various other products (based on eligibility, elections, and employee premiums)
- Upon hire, eligible to enroll in company-sponsored benefit programs (Medical, Dental, Life, and Voluntary) on the first of the following month.
- After completing 60 days, eligible to enroll in 401(k) program on the first of the following month.
- Eligible employees may apply for job openings through PRMG’s Internal and External Job Portal to request a transfer to a different department or position.
Pay
Salary range: USD $100,000.00 per year to USD $250,000.00 per year.