KeyBank Mortgage Sales Manager - Western PA Market in Cranberry Township, Pennsylvania
JOB TITLE: Mortgage Sales Manager Grade/Benefit Designator: 83 Job Code: 107886 ABOUT THE JOB (JOB BRIEF) Reporting to the KeyBank Mortgage (KBM) National Sales Manager, the KBM Sales Manager is accountable for managing and coordinating all prime mortgage origination sales and service activities, expense management, growth and retention of the sales force within one of the 9 regions within the Community Bank franchise. This position supports the strategic direction of the region while ensuring the region plans are aligned with the business strategy. The KBM Sales Manager is accountable for the delievery of exceptional sales results, the execution of a disciplined sales culture, and the coaching and development of a high performing sales team. This position partners with other lines of business leaders primarily the retail partners to increase the mortgage and other retail banking opportunities. Will be responsible for managing client referral and cross sell processes ensuring all new customers are introduced to a local Key Bank Branch. This individual ensures sales/originator systems and work flows are efficiently controlled and will partner effectively with the third party fulfillment partner in properly managing the loan process from point of registration to closing. Develops and coaches a team of Loan Officers (could include all channels: Retail field, CDB & Private Banking) to ensure they have a thorough knowledge and understanding of the bank origination process in order to meet or exceed financial objectives/ profitability. ESSENTIAL JOB FUNCTIONS The role of the KBM Sales Manager is to staff, build, coach, develop, lead and motivate a team that is capable of analysiing clients’ needs while efficiently stepping the client through the loan origination process. The KBM Sales Manager is responsible for knowing and ensuring the loan officers are familiar with all Federal Regulations and bank policies/procedures. The KBM Sales Manager is to keep informed of trends and developments in the real estate market and mortgage industry. In addition, the KBM Sales Manager is to develop and maintain in-depth knowledge of products and services as well as knowledge of competitors and competitive products. Sales Leadership & Business Delievery Drive an aggressive sales culture in the region by ensuring accountability for results through execution of the sales and sales management process and effective coaching practices which include coaching to superior quality customer service and sharing best practices. Develop loan officers through observational coaching, joint sales calls and using the coaching model and develoing/utilizing individual professional growth plans. Responsible for the staffing of loan officers within the markets within the region including recruiting/identifying talent and interviewing and selecting and training new loan officers with involvement from the National Sales Manager. Establishes and tracks performance objectives for loan officers; manages and evaluates staff performance to established objectives, differentiates performance and strives to ensure each loan officer achieves their respective goals. Manage employee hours worked in accordance to and compliant with KeyBank’s time tracking policies Collaborate and ensures loan officers are partnering effectively with third party fulfillment partner to meet the needs of customers from the point of registration to closing. Ensure loan officers adhere to the KBM lending policies, including government regulations, ensure information is properly disclosed to clients. Responsible for overall compliance and quality control within the department - ensuring documentation is appropriate; application packages are timely, quality is acceptable, and timely completion of disclosures. Effecitvely assist loan officers with resolving customer complaints within a timely fashion. Effecitvely monitor and manage laon officers in their pipeline management while at the same time effectively managing pricing issues. Weekly Activities 1. Conduct Team Meeting: Conduct a weekly team call with Loan Officers. At least quarterly, the manager should meet in person with their team as a group. Topics of discussion should include, but not be limited to: Review information shared on National Sales Manager Call Review and share updates provided by Community Bank leadership Review and discuss any product, underwriting, or industry updates/changes Review production results, including production to goal Provide LO recognition Facilitate the sharing of LO best practices related to sales activities, customer service and operations Periodically, facilitate both internal and external guest speakers for training opportunities 2. Market/Region Leadership Engagement: Effective weekly interaction with market/region leadership including RSL & ARLs and regular interaction with other Line of Business leaders. Monthly Activities 1. Conduct One on Ones with each LO: Topics of discussion should include, but not be limited to: Review and discuss individual mortgage production, cross sell and home equity results compared to LO’s individual goals. Review LO Playbook and LO’s Individual Sales Action Plan to ensure LO is effectively executing on all activities & discuss future tactics and strategies (30 day look back review/30 day look forward plan). Identify best practice activities leading to results with internal partners and COI’s Review of time management and hours worked Review registered pipeline; focus on loan status, aged loans, expired loans and upcoming expirations 2. Production to Goal Review: Meet with RSL and Private Bank Sales Leader(s) to review monthly mortgage results against goal and discuss future tactics and strategies. Quarterly Activities 1. Observational Coaching: Conduct at least one observational coaching session with each LO and one of their clients, internal referral partners or COI’s. Opportunities for observation include: LO conducting a mortgage presentation during an in-person branch huddle, Key at Work call or COI call LO conducting a quarterly planning meeting with a Branch Manager, per the LO Playbook LO conducting a planning session with a PB, RM or Line of Business partner LO conducting a telephone sales call with a borrower or COI referral source LO “In Action” during a Mortgage Day Execute a post observation meeting to de-brief with the LO 2. Sales Manager inspection of each Loan Officer’s commitment their branch schedule and effectiveness of their internal & COI business development. 3 Sales Manager to invite their CDB Market Compliance partner to a at least one Team Meeting to discuss CDB initiatives and share best practices for supporting the LMI Community with their mortgage needs. Annual Activity 1. Annual Goal Setting and Individual Sales Action Planning: Provide LOs with a Goal Setting/Sales Action Planning Toolkit for use in completing their individual Sales Action Plans which should include activities not addressed in the LO Playbook. Conduct one on one meetings to review and finalize each LO’s individual annual production goals and Sales Action Plan This document, along with the LO Playbook and Performance Scorecard will be used to regularly measure activities and performance. REQUIRED QUALIFICATIONS • Bachelor’s degree (business or finance preferred) or equivalent experience. • Minimum of three years mortgage experience which includes se
KeyCorp’s roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies with assets of approximately $136.5 billion at December 31, 2016. Key provides deposit, lending, cash management and investment services to individuals and small and mid-sized businesses in 15 states under the name KeyBank National Association and First Niagara Bank, National Association, through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. KeyCorp’s roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies with assets of approximately $136.5 billion at December 31, 2016. Key provides deposit, lending, cash management and investment services to individuals and small and mid-sized businesses in 15 states under the name KeyBank National Association and First Niagara Bank, National Association, through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name.
ABOUT THE BUSINESS:
Key Community Bank serves individuals and small to midsized businesses from Maine to Alaska through our 15-state network of over 1,200 branches, 1,500 ATMs, telephone banking and robust online and mobile platforms. KeyBank’s Consumer/Business Banking segment provides consumers and small business owners with straightforward banking solutions and personal finance expertise that helps them make confident financial decisions today and plan for tomorrow. Key Private Bank offers wealth planning that follows a consistent, disciplined approach guided by objective advice based on each unique situation. KeyBank Commercial Bank offers midsize business financial services that drive growth and profitability and help business owners identify new opportunities with products and services including deposit, cash management, investment services, commercial lending, equipment leasing, and asset-based lending.
FLSA STATUS: Exempt
KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
Cranberry Township, PA