Loan Sales Supervisor

Job Summary for Loan Sales Supervisor:

The Loan Sales Supervisor manages a team of Mortgage Loan Originators to ensure sales and production goals are met and operational standards are maintained. This role involves talent development, performance evaluation, customer engagement, and compliance with mortgage regulations.

Benefits for Loan Sales Supervisor:

Our approach to benefits and total rewards is centered around the well-being of our employees and aims to support them in achieving success both professionally and personally.

• Medical, dental, and vision care are vital aspects of healthcare delivery, aiming to enhance and maintain the health and wellness of individuals
• Basic term and optional term life insurance
• The distinction between short-term and long-term disability lies in the duration of the inability to work due to a medical condition, with short-term disability covering temporary periods and long-term disability encompassing more prolonged or permanent scenarios
• Maternal incapacity and caregiving leave
• A 401(k) retirement plan allows employees to save for retirement by making pre-tax contributions from their salary, with the option for employers to match a portion of those contributions to help grow the retirement fund
• Employees are granted paid vacation time, spanning from two to five weeks, with the specific duration dependent on their salary grade and tenure
• You can enjoy as many as 11 paid holidays throughout the year
• Adoption assistance
• Accumulation of Sick and Safe Leave is based on earning one hour for every 30 hours worked, up to a maximum of 80 hours per calendar year unless there are legal stipulations

Responsibilities for Loan Sales Supervisor:

• Coordinate the everyday activities of a compact team of Mortgage Loan Originators.
• Secure documents needed for processing, underwriting, and closing promptly from the relevant sources.
• Meet the specific annual origination goals for loan volume as designated by upper management.
• Develop and maintain referral relationships with real estate brokers, builders, and other external sources to facilitate a continuous stream of loan volume.
• Engage actively in regional and statewide trade associations dedicated to mortgage banking, real estate agents, and builders.
• Maintain a deep understanding of the mortgage sector and its current affairs.
• Foster cooperative relationships within the U.S. Bank Home Mortgage unit and other business divisions to improve customer connections and stimulate additional product sales.
• Acquire, assess during interviews, and offer training to recently hired individuals.

Basic Qualifications for Loan Sales Supervisor:

• Obtaining a high school diploma or its equal substitute is a customary academic requirement
• A track record of two or more years in mortgage sales

Preferred Skills/Experience for Loan Sales Supervisor:

• Displayed prowess in expanding business horizons and effectively managing relationships with stakeholders
• Expertise in sales techniques and strategies for effective results
• Deep insight into mortgage products and services, operational functions, and ongoing market developments
• Having a grasp of the pricing and underwriting expectations of multiple mortgage insurers is crucial
• Acquiring practical knowledge of the underwriting guidelines for FNMA, FHLMC, FHA, VA, local bonding programs, and private investors is pivotal, whether through hands-on experience in the sector or from previous work in a real estate firm
• Familiar with a diverse set of laws including zoning ordinances, Truth-in-Lending statutes, RESPA provisions, and energy audit guidelines at local, state, and national levels
• Sound customer service and relationship management capabilities
• Possessing a thorough attention to detail mindset and the ability to dissect financial information
• Demonstrated expertise in interpersonal, verbal, and written communication skills
• It is important for individuals to be able to satisfy the required conditions for carrying out responsibilities in settings other than their regular workplace
• Establishing a referral base within the assigned market is the recommended strategy
• Successful mortgage loan origination history spanning 24 months

Equal Employment Opportunity:

U.S. Bank is committed to providing a level playing field for all eligible candidates, irrespective of their race, religion, gender, national origin, age, sexual orientation, gender identity, disability, veteran status, or other characteristics protected by applicable law.

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