Full-Time

Private Mortgage Banking Associate Manager

Safe

Posted on 8/19/2025

Deadline 10/19/25
Wells Fargo

Wells Fargo

10,001+ employees

Diversified financial services: banking, lending, investments

No salary listed

Chicago, IL, USA

In Person

Category
Real Estate (1)
Required Skills
Sales
Customer Service
Requirements
  • 2+ years of Mortgage Retail Sales experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • 1+ years of Leadership experience
Responsibilities
  • Coach, direct, and manage the sales activities of a small group of residential Private Mortgage Bankers under the direction of a Non-Producing Private Mortgage Banking Manager
  • Supervise individual contributors by directing and managing sales activities to ensure high level of customer service, timely completion, quality, and compliance in Private Mortgage Banking Sales
  • Produce high quality loans that meet Wells Fargo Home Mortgage guidelines by building relationships with realtors, builders, financial planners, bank stores, past customers, and other nontraditional sources while providing excellent customer service
  • Make supervisory decisions and resolve issues related to team supervision, work allocation, financial resources, and daily operations; manage personal and team’s pipeline to effectively manage customer loyalty
  • Leverage interpretation of policies, procedures, and compliance requirements while negotiating terms and taking applications
  • Identify opportunities for process improvement and risk control development in low complexity functional areas
  • Interact directly with external customers as well as collaborate and consult with peers, colleagues, and mid-level managers
  • Stay informed of mortgage industry trends and developments in the assigned market and develop and maintain a high degree of visibility for Wells Fargo Home Mortgage in the marketplace
  • Manage allocation of people and financial resources for Private Mortgage Banking Sales
  • Be responsible for selection, evaluation, and development of staff within Private Mortgage Banking Sales
Desired Qualifications
  • Basic Microsoft Office skills
  • Customer service experience
  • Excellent verbal, written, and interpersonal communication skills
  • Knowledge and understanding of sales prospecting and generating referrals
  • Documented retail residential mortgage purchase fundings over the past 12 months referred primarily from established, local, external sources
  • Mortgage industry experience
  • A BS/BA degree or higher
  • 1+ year of leadership or management experience
  • 1+ year of data analysis experience
  • 1 + year of recruiting experience

Wells Fargo offers a broad range of banking, mortgage, investing, credit card, and wealth and commercial services in the United States. Its products work through a network of branches, ATMs, and digital platforms, combining everyday banking with lending, investment products, and advisory services. The company differentiates itself with a large nationwide branch presence, a wide mix of financial services under one roof, and a focus on secure, user-friendly technology. Its goal is to help customers manage, protect, and grow their money by providing trusted, accessible financial solutions.

Company Size

10,001+

Company Stage

IPO

Headquarters

San Francisco, California

Founded

1851

Simplify Jobs

Simplify's Take

What believers are saying

  • Federal Reserve lifted 2018 asset cap on June 3, 2025, enabling deposit and investment growth.
  • Wells Fargo Securities arranged $1.45 billion ICF International credit deal in 2026.
  • Firm ranked No. 33 on Fortune’s 2025 list of America’s largest corporations.

What critics are saying

  • JPMorgan Chase captures 15% more small business deposits via AI loans in Q1 2026.
  • Rocket Mortgage cuts Wells Fargo’s 25% mortgage share to 18% with app approvals.
  • Chime drains $5B+ deposits from millennials using 4.5% APY no-fee accounts.

What makes Wells Fargo unique

  • Wells Fargo originates one in four U.S. home loans as second-largest retail mortgage lender.
  • Company operates 8,050 branches and 13,000 ATMs for unmatched physical retail presence.
  • Wells Fargo serves 70 million customers across 35 countries with diversified financial services.

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Benefits

Health Insurance

401(k) Retirement Plan

Paid Vacation

Paid Sick Leave

Parental Leave

Disability Insurance

Life Insurance

Tuition Reimbursement

Commuter Benefits

Adoption Assistance

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Donaldson Company has entered into a three-year, unsecured delayed draw term loan credit facility of $400 million with a syndicate of lenders led by Wells Fargo Bank. The facility, signed on 8 April 2026, has no current borrowings and includes covenants on interest coverage and adjusted debt-to-EBITDA ratios. The committed borrowing capacity provides Donaldson with additional financial flexibility to fund future growth initiatives or acquisitions whilst maintaining balance sheet discipline. The announcement follows the appointment of Richard S. Lewis as chief executive officer and director, effective 2 March 2026. Analysts project the filtration company's revenue to reach $4.3 billion and earnings of $564.5 million by 2029, requiring 5% annual revenue growth. However, investors face risks from potential margin pressure due to rising input costs and tariffs.

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Wells Fargo will announce its first-quarter earnings on Tuesday before market hours. Analysts expect the company's revenue to grow 7.6% year on year, reversing the 3.5% decrease recorded in the same quarter last year. Last quarter, Wells Fargo reported revenues of $21.37 billion, up 4.4% year on year, but slightly missed analysts' expectations for both revenue and net interest income. The company has missed Wall Street's revenue estimates multiple times over the past two years. Analysts have largely reconfirmed their estimates over the past 30 days. Wells Fargo shares have risen 12.7% over the last month, outperforming the banking sector's 8.5% average gain. The company will be the first amongst its peers to report earnings this season.

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