What are the responsibilities and job description for the Production Manager position at Paramount Residential Mortgage Group?
The Production Manager will be expected to manage goal-oriented Loan Officers; for a specific geographic area, as determined by the Branch Manager. The Production Manager will also be primarily responsible for the following recruiting, hiring and training a sales team capable producing quality loans. Key components of this position include developing and ensuring continuance of good relationships.
PRMG offers a comprehensive benefits package for our full-time employees and their dependents, which includes medical, dental, vision, life insurance, short-term disability, long-term disability, a Health Savings Account (HSA), a Flexible Spending Account (FSA), and various other products, based on benefits eligibility, elections, and employee premiums. Upon hire, you will be eligible to enroll in all our company-sponsored benefit programs (Medical, Dental, Life, and Voluntary) on the first of the following month. After completing 60 days, you will be eligible to enroll in our 401(k) program on the first of the following month. Additionally, eligible employees may apply for job openings through PRMG’s Internal and External Job Portal to request a transfer to a different department or position.
The duties for Production Manager include, but are not limited to, those described below.
USD $250,000.00/Yr.
PRMG offers a comprehensive benefits package for our full-time employees and their dependents, which includes medical, dental, vision, life insurance, short-term disability, long-term disability, a Health Savings Account (HSA), a Flexible Spending Account (FSA), and various other products, based on benefits eligibility, elections, and employee premiums. Upon hire, you will be eligible to enroll in all our company-sponsored benefit programs (Medical, Dental, Life, and Voluntary) on the first of the following month. After completing 60 days, you will be eligible to enroll in our 401(k) program on the first of the following month. Additionally, eligible employees may apply for job openings through PRMG’s Internal and External Job Portal to request a transfer to a different department or position.
The duties for Production Manager include, but are not limited to, those described below.
- Exercise administrative control over sales function for region or specific geographic area.
- Assume leadership role among Loan Officers.
- Coach, motivate and support Loan Officers to ensure growth and profitability;
- Assist in planning and implementation of new sales and marketing programs in region.
- Provide present and potential brokers/sources with superior level of customer service.
- Responsible for development of new business Determine a prospect’s needs and sell appropriate product; Sell loans for appropriate amounts, rates and terms that comply with PRMG’s program guidelines; Generate necessary reports to track sales production and effectiveness of the region’s marketing programs.
- Maintains working knowledge of federal, state and local governments’ and private investors’ policies and guidelines.
- Maintains strong familiarity with current trends in the real estate and mortgage banking industries as well as the company’s operating policies and procedures.
- Monitors, evaluates and recommends to senior management changes to department policies and procedures.
- Formalizes sales strategies, forecasts and reports as necessary.
- Five years or more of management experience in mortgage operations preferred.
- Minimum Five years of related experience within the mortgage industry. Education
- Bachelor’s degree in finance, business, or economics
USD $250,000.00/Yr.
Salary : $100,000 - $250,000