What are the responsibilities and job description for the VP, Head of Sales - Mortgage position at Capital Bank MD?
About Us
Capital Bank Home Loans, a division of Capital Bank N.A., is a premier nationwide mortgage lender. We deliver over $1BLN in new mortgage originations annually with a 50 state platform, in house underwriting and closing, and excellent pricing and products. We invested in digitizing our online mortgage application process to help expedite home buying or refinancing for our customers.
For the forth year in a row, American Banker named Capital Bank one of the "Best Banks to Work For" in the U.S. Many top ranked mortgage lenders have joined Capital Bank Home Loans and we are looking to grow the business further by bringing in branches or independent originators.
Position Purpose
The VP, Head of Sales, reporting to the Head of CBHL, has day-to-day responsibility for the sales direction of the Capital Bank Home Loans (CBHL) division. This individual will work to increase the division's footprint in the marketplace by partnering with other senior leaders to devise strategic sales strategies and executing them accordingly. They will work hand-in-hand with the Head of CBHL and the divisions operational leadership to ensure delivery of a seamless customer experience. This person serves as part of the leadership team of CBHL.
Position Responsibilities
- Partners with the Head of CBHL to create and implement sales strategies that result in increased market-share for the Bank.
- Overall responsibility for managing the day-to-day sales activities of the division.
- A key component of this role will be Partnering with the VP, Head of Growth and Strategy to recruit and grow the company's footprint. Hiring Branch managers and individual loan officers in our markets.
- Coaches, manages and motivates a high-performance sales team.
- Provides sales training for all Mortgage Originators in compliance with CBHL policies and procedures.
- Effectively motivates all Branch Managers and sales managers to meet individual production goals and division production goals.
- Works with the secondary marketing manager ensuring products and pricing are competitive.
- Directly manages branch managers to include career development, performance management and recognition.
- Partners with Human Resources and the Head of CBHL to create and implement effective incentive compensation plans.
- Works with internal partners to ensure all risk and compliance initiatives are executed properly.
- Represent CBHL in the market in a positive manner and network to create additional loan opportunities for the division.
- Ensures division profitability and margin targets are attained
Minimum Education & Experience
- Previous and successful experience with running a mortgage sales Branch ($500MM in annual production) or a regional mortgage division.
- Ability and experience in setting and executing long-term strategic sales/growth plans.
- Previous experience with change management initiatives and the ability to execute accordingly.
- Understands product, pricing and mortgage compliance rules and regulations.
- Ability to coach, mentor, develop and lead a team of mortgage sales professionals.
Technical Knowledge and Skills
- Microsoft office software suite (Word, Excel, PowerPoint, etc.).
- Experience using Encompass or similar mortgage software/workflow experience.
- Excellent verbal and written communication skills.
- Advanced understanding of the mortgage file flow process.
- Formal sales management training.
- Understanding and knowledge of loan documentation and basic underwriting guidelines.
- Knowledge of mortgage lending procedures and regulations.
Other
- Ability to travel as needed.
Why Join Us?
- Join a growing company with a culture that fosters an entrepreneurial spirit
- Comprehensive benefits package including Medical, Dental, Vision, Company Paid Life Insurance, Disability Insurance, and more!
- Company Contributions to your 401k - Regardless of your contribution
- Employee Perks: Paid Parental Leave, Employee Recognition Program, Leadership Program, Tuition Reimbursement Program, Employee Bank Checking Account, and much more!
- Generous Paid Time Off and Paid Holidays - Including Paid Charity Hours to support volunteer opportunities
Supporting Businesses. Helping People. Strengthening Communities.
Capital Bank, N.A. is an E-Verify, Affirmative Action and Equal Opportunity Employer.
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
We’re looking for talented individuals who can be creative at finding the right solution for our customers and our employees. Capital Bank is an Equal Opportunity Employer and is committed to hiring well qualified people without discrimination because of race, color, religion, national origin, sex, age, veteran status, disability, sexual orientation or gender identity.
Salary : $500
