The Poca Valley Bank, Inc.
Vice President of Mortgage Banking
The Poca Valley Bank, Inc., Charleston, West Virginia, us, 25329
A Vice President (VP) of Mortgage Banking is responsible for overseeing all aspects of a mortgage lending operation, including strategy, policy, compliance, and team management, to drive business growth and profitability.
Key responsibilities involve developing loan strategies, managing loan origination and processing teams, ensuring regulatory compliance, analyzing market trends, and fostering relationships with clients and partners.
Key Responsibilities
Strategic Planning:
Develop and implement strategies to achieve lending goals, grow the loan portfolio, and expand lending programs. Operational Oversight:
Oversee the entire mortgage loan process, from origination to closing, ensuring efficiency and adherence to policies. Team Leadership:
Lead, mentor, and train mortgage lending teams, including loan officers, processors, and underwriters, to meet performance standards and achieve department goals. Compliance & Risk Management:
Ensure strict compliance with all applicable financial regulations, laws, and company policies. Manage credit risk through sound underwriting and portfolio monitoring. Market Analysis:
Stay informed about industry trends, competitor activities, and market conditions to make informed decisions on lending products and strategies. Relationship Management:
Build and maintain strong relationships with internal departments, external financial partners, and clients. Performance Reporting:
Prepare and present regular reports on lending operations, including portfolio quality, loan volume, and profitability, to senior management and potentially the Board of Directors. Required Skills & Experience
Leadership:
Strong leadership and communication skills to guide and motivate teams. Financial Acumen:
In-depth knowledge of mortgage lending principles, financial analysis, and risk management. Regulator Knowledge:
Deep understanding of mortgage regulations, loan documentation, and investor guidelines. Analytical Skills:
Excellent analytical and problem-solving abilities to make data-driven decisions. Experience:
Extensive experience in mortgage lending, with several years in a leadership or management role.
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Strategic Planning:
Develop and implement strategies to achieve lending goals, grow the loan portfolio, and expand lending programs. Operational Oversight:
Oversee the entire mortgage loan process, from origination to closing, ensuring efficiency and adherence to policies. Team Leadership:
Lead, mentor, and train mortgage lending teams, including loan officers, processors, and underwriters, to meet performance standards and achieve department goals. Compliance & Risk Management:
Ensure strict compliance with all applicable financial regulations, laws, and company policies. Manage credit risk through sound underwriting and portfolio monitoring. Market Analysis:
Stay informed about industry trends, competitor activities, and market conditions to make informed decisions on lending products and strategies. Relationship Management:
Build and maintain strong relationships with internal departments, external financial partners, and clients. Performance Reporting:
Prepare and present regular reports on lending operations, including portfolio quality, loan volume, and profitability, to senior management and potentially the Board of Directors. Required Skills & Experience
Leadership:
Strong leadership and communication skills to guide and motivate teams. Financial Acumen:
In-depth knowledge of mortgage lending principles, financial analysis, and risk management. Regulator Knowledge:
Deep understanding of mortgage regulations, loan documentation, and investor guidelines. Analytical Skills:
Excellent analytical and problem-solving abilities to make data-driven decisions. Experience:
Extensive experience in mortgage lending, with several years in a leadership or management role.
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