What are the responsibilities and job description for the Managing Partner position at Renegade Financial?
RENEGADE FINANCIAL
Managing Partner — Mortgage Division (Renegade Mortgage)
Location: Montana (Remote / Hybrid)
Compensation: Base Production Bonuses Equity Partnership Track
THE OPPORTUNITY
Most sales-leadership roles offer a corporate ladder and a capped bonus. This one offers an ownership stake. Renegade Financial is a Montana finance platform built on two divisions — Renegade Capital, our private-credit and direct-lending arm, and Renegade Mortgage, our residential brokerage. The back office is already built: established wholesale lender relationships, an approved correspondent line coming online, in-house processing, a dedicated compliance function, and a capitalized lending division alongside. Your focus is singular: own and scale the Mortgage Division across Montana, and earn a direct equity stake in the division you build.
ABOUT RENEGADE FINANCIAL
Renegade Financial is a Montana-based finance platform operating two divisions:
- Renegade Capital — our private-credit and direct business-purpose lending arm, backed by its own investment fund.
- Renegade Mortgage — our residential mortgage division: a Montana-licensed brokerage placing a full product set through a wholesale lender network, with an approved correspondent line coming online.
Both divisions are supported by in-house third-party processing and a dedicated compliance function, and corporate leadership is led by a former community-bank president who directs management and serves as the mortgage division's Qualifying Individual. The two divisions reinforce each other — giving mortgage originators both a wholesale residential platform and a private-money option for deals that fit. The infrastructure, capital, lender relationships, processing, and compliance are in place. We are seeking an equity partner to own and scale the Mortgage Division statewide.
POSITION SUMMARY
As Managing Partner of the Mortgage Division, you are a co-owner of Renegade Mortgage and the architect of its revenue. You'll carry operational autonomy and bottom-line accountability for loan production, recruiting and developing originators, and growing market share across our wholesale residential platform and a forthcoming correspondent channel. This is a producing partnership: you carry your own pipeline and lead a team that does the same. It is a principal partnership position with an equity structure in the mortgage division, to be detailed in executive interview rounds.
COMPENSATION & PARTNERSHIP
This is a true ownership opportunity, structured as a partnership. The real reward is the equity you own and the production you drive. Compensation is open-ended and fully negotiable, weighted toward production and ownership:
- Meaningful equity ownership in the company you help build and lead — the centerpiece. As the division grows, your ownership grows with it: that is how you share in the team's success.
- Your own production — as a producing partner you carry a personal pipeline, compensated under the company's MLO Compensation Plan.
- A base/draw to support your ramp.
We structure the full package — base, splits, equity, and vesting — together in executive interview rounds. Bring your track record and your expectations.
KEY RESPONSIBILITIES
Sales Leadership & Team Development
- Recruit, hire, and onboard a high-performing team of loan officers across Montana.
- Serve as the primary mentor and structuring resource for the division's originators — high-level guidance and troubleshooting on complex or non-traditional files.
- Train and elevate the sales team in advanced selling, lead execution, and accountability.
- Design and evaluate originator compensation and incentive programs that attract talent while protecting profitability and complying with loan-originator compensation rules.
Deal Structuring & Channel Execution
- Master the structuring, shopping, and pricing of a diverse product set, matching each scenario to the optimal wholesale lender.
- Execute complex income analysis — self-employment, corporate returns, tax schedules, and cash-flow.
- Build and maintain targeted production plans across our channels.
- Be the external face of Renegade Mortgage to the Montana real estate community — cultivating referral relationships with Realtors, builders, and real estate investor groups.
- Work daily with processing and operations to keep file flow fast and the client experience strong from application to closing.
Operational Oversight
- Manage the active pipeline; step in on high-value files and resolve complex structuring or contract issues.
- Contribute to planning, budgeting, and the production division's growth strategy.
- Ensure the sales force operates in full compliance with Montana lending law and applicable federal regulation.
PRODUCT KNOWLEDGE
Deep, current, operational familiarity across:
- Agency & Government: Fannie Mae, Freddie Mac, FHA, VA, USDA.
- Conventional & Non-Agency: prime conventional plus alt-doc (bank statement, asset depletion, P&L).
- Investor & Non-QM: DSCR and other non-QM structures; comfort routing deals to our Capital division's private-lending programs where they fit.
- Commercial-adjacent: ability to identify and route business-purpose and commercial financing opportunities to the right source.
REQUIREMENTS & ATTRIBUTES
- A producing originator with a personal production track record and, ideally, a portable book — you originate, not just manage.
- 5 years of mortgage sales-management experience with a verifiable record of recruiting, managing, and scaling production teams.
- Active Montana NMLS MLO license in good standing, or the ability to obtain it promptly.
- Deep knowledge of Montana's regional markets, products, submarkets, and consumer preferences.
- Entrepreneurial drive — you execute, optimize, and build without waiting for direction.
- Elite communication — equally effective pitching a referral partner or coaching a remote LO.
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Corporate compliance and the mortgage division's Qualifying Individual function are held at the leadership level. This role leads production and growth, not the broker's regulatory designation.
Apply: https://renegademt.com/careers/managing-partner-mortgage.html