Correspondent Account Executive

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🍂 Massachusetts – Remote

🍂 Massachusetts – Remote

💵 $65k - $80.2k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

🧑‍💼 Account Executive

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U.S. Bank

WebsiteLinkedInAll Job Openings

10,000+ employees

Founded 1863

💼 Consulting

🛡️ Insurance

📦 Logistics

Consulting • Insurance • Logistics

U. S. Bank is a major financial services institution headquartered in the United States, providing a wide range of banking and financial products to individuals and businesses. The bank offers services in retail banking, corporate banking, wealth management, credit underwriting, and investment management. With a commitment to diversity, equity, and inclusion, U. S. Bank emphasizes the importance of culture and values, offering career growth opportunities and supporting the health and wellness of its employees. U. S. Bank engages with communities and provides educational resources to enhance financial literacy. As a member of the FDIC, it ensures the security of its deposit products, although investment and insurance products are not FDIC insured and may lose value.

📋 Description

• Develop and maintain a high quality and profitable external network of correspondent originators for purchase of loans in an assigned area • Service correspondent lender accounts through introducing and training on new loan programs • Coordinate underwriting, commitments, closings, and funding of loans submitted for purchase • Gather market-specific information • Attend correspondent functions and trade shows • Develop and enforce quality control measures • Assure loan origination sources meet division requirements and procedures • Make and solicit sales and conduct sales-related activities away from U.S. Bancorp locations

🎯 Requirements

• High school diploma or equivalent • Three to five years of experience in mortgage sales • Three or more years of lending experience • Ability to travel • Extensive knowledge of business development techniques, sales development and planning • Demonstrated ability to sell service-based products and create awareness, interest, and demand to meet production goals • Working knowledge of whole loan purchase requirements and procedures from correspondent seller approval through underwriting, funding, and delivery • Excellent interpersonal, verbal, and written communication skills • Ability to comply with U.S. Bank policies and procedures, including the Code of Ethics and Business Conduct and workplace conduct and safety policies • Certain positions may be subject to FINRA, NMLS registration, Reg Z, Reg G, OFAC, NFA, FCPA, Bank Secrecy Act, SAFE Act, and other applicable requirements

🏖️ Benefits

• Healthcare (medical, dental, vision) • Basic term and optional term life insurance • Short-term and long-term disability • Pregnancy disability and parental leave • 401(k) and employer-funded retirement plan • Paid vacation (from two to five weeks depending on salary grade and tenure) • Up to 11 paid holiday opportunities • Adoption assistance • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law • Eligibility for incentives based on employee’s production under the applicable incentive plan