Responsible for managing and directing the work for a team of Mortgage Loan Consultants and/or Production Assistants. Primary function is to serve as a sales manager developing and implementing sales strategies to encourage sales growth and to grow loan sourcing channels within a local market. Also responsible for meeting mortgage loan production goals. Coordinates sales meetings, trains staff, and implements policy and procedures. Works with the Mortgage LOB Management to achieve corporate goals of increased customer (bank/mortgage) cross sell relationships. Incumbents do not have bottom line responsibility for their unit's profitability. In addition to managing a team, incumbents in this job are responsible for personal production. Typically manages a team of up to 5 Mortgage Loan Consultants with annual production volume of $50MM to $150MM.
Satisfies regulatory requirements for holding the position, including determined by SunTrust to meet the qualification standards imposed by the Loan Originator Compensation rule of the Truth in Lending Act.
Is registered and maintains active, SunTrust sponsored registration in the Nationwide Mortgage Licensing System and Registry (NMLSR) and has been assigned a unique identifier number in compliance with the federal S.A.F.E. Act requirements.