Wholesale Coordinating Supervisor - In Office / Remote

Company Description

 Longbridge Financial has launched HELOC For Seniors® — a first-of-its-kind home equity line of credit (HELOC) designed for homeowners 62 . This isn’t just another HELOC; it’s a game-changer, helping to transform how seniors access the wealth in their homes on terms designed for them. Due to a very successful initial launch and overwhelmingly positive market response, we’re actively recruiting and forming a team of seasoned HELOC professionals ready to take this to the next level as we continue our expansions.   

If you’re building your career in the HELOC space and are ready for a new, meaningful challenge, this is your opportunity to make a significant impact — with one of the nation’s leading forces in senior home equity solutions. 

At Longbridge, you’ll have the support of a trusted national lender and servicer, along with the chance to shape growth, impact lives, and redefine what home equity means for today’s older homeowners. 

 Bring your expertise. Expand your influence. Be part of something truly revolutionary in home equity lending. 

Job Description

The Wholesale Coordinating Supervisor is responsible for overseeing the daily operations of the Wholesale Coordinating team. This role ensures the efficient and compliant coordination of loan files in accordance with FHA, State, and Investor regulations, while maintaining the marketable quality of each loan.

Job Responsibilities:

• Remotely lead, coach, and supervise Coordinators, Team Leads, and Support Staff. Remote supervision includes, but is not limited to:
• Performance management via virtual meetings, messaging, phone communication, emails, etc.
• Work cohesively with management to implement and streamline processes, build, and analyze reports, etc.
• Identify need for additional tools/job aids and implement/create/revise accordingly.
• Assist Coordinators and Team Leads with pipeline management, both daily and for PTO.
• Escalate files/conditions to management; must be proficient in FHA and proprietary reverse guidelines.
• Submit exception requests
• Review Team Lead/Coordinator questions and provide feedback and/or training/coaching in accordance with company policies and SLAs.
• Attend and/or assist and/or initiate partner calls to ensure quality service and/or discuss complex files.
• Provide collaboration when coordinating/initiating team building activities, employee appreciation gifts/incentives, etc.
• Analyze Credit, income, tax returns and asset documents.
• Must be able to demonstrate a strong understanding of reverse mortgage guidelines including financial assessment requirements.
• Strong customer service and communication skills are necessary.
• Work cohesively with partners, borrowers, underwriters, closers, AMC’s, title companies, and sales team members.
• Strong pipeline management skills required.
• Must have the ability to present/speak to large groups both in person and remotely. This includes but is not limited to:
• Direct reports, management; including senior management, internal colleagues, broker and PA partners and other parties associated with other external relationships.
• As an exempt position, this role may require additional hours based on company needs.

Qualifications

• Previous supervisory experience is highly preferred.
• Previous reverse mortgage processing/pipeline management experience highly preferred.
• Reverse mortgage experience is required.
• Excellent verbal and written communication skills.
• Strong time management and prioritization skills and ability to meet deadlines.

Additional Information

• Working in a growing and dynamic industry
• Full benefits: Medical, Dental, Vision, FSA/HSA, and wide array of voluntary products and discounts
• 401(k) with company match
• Paid time off
• This is an Exempt role
• Target base salary range is 75 - 80K, which is based on various factors including skills and work experience.
• LBF is an EEO/AA/Vet/Disabled Employer
• Please note that salaries that are estimated on various job sites may not reflect the actual compensation. Job sites, set the estimated salary, not Longbridge Financial.

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