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Wells Fargo

Nationwide banking and financial services

Non-Producing Mortgage Retail Sales Manager

Retail & Commercial BankingConfirmed live in the last 24 hours
Full-timeColorado Springs, CO, USAIn-person

About the Job

Requirements

  • At least four years of Mortgage Retail Sales experience, or equivalent demonstrated through work experience, training, military experience, or education.
  • At least two years of leadership experience.
  • This SAFE position requires compliance with the S.A.F.E. Mortgage Licensing Act of 2008 and related regulations, including acceptable background investigation results.
  • Maintain SAFE registration at the time of employment and meet applicable Loan Originator qualification requirements, including financial responsibility, character, general financial fitness, and criminal background standards.
  • Meet ongoing mortgage regulatory requirements, compliance policies, additional screening, and required reporting of certain incidents.
  • Maintain a broad understanding of Wells Fargo products, guidelines, and pricing strategies.
  • Ability to lift more than 20 pounds.
  • Reliable transportation.
  • Ability to work nights, weekends, and/or holidays as needed or scheduled.

Responsibilities

  • Coach, direct, and manage the sales activities of a branch of Mortgage Retail Sales Consultants and branch support team members.
  • Manage customer loyalty and disloyalty performance, including timely and proactive customer communication, regular customer contact, inspection calls, and providing the team with escalation and remediation process support.
  • Make decisions and resolve issues to meet business objectives; manage branch loan origination activities and pipeline using workflow processes, internal tools, and reporting; ensure origination, processing, underwriting, and closing timelines align with customer communications and commitments.
  • Engage stakeholders and internal partners in Mortgage Retail Sales, collaborate and consult with peers, colleagues, and managers at multiple levels, and interact directly with external customers.
  • Recruit, develop, and manage a sales team that generates quality loans compliant with company policies, procedures, and pricing strategies; develop and maintain Wells Fargo Home Mortgage's visibility and credibility in the marketplace.
  • Interpret and develop policies and procedures for functional areas with low to moderate complexity; identify and recommend process improvements and risk controls.
  • Develop knowledge of company products, policies, procedures, and underwriting requirements; understand federal and state home lending regulations; guide the branch team to ensure compliance; and manage non-delivery fees, penalties, or fines.
  • Understand real estate appraisals, title reports, and real estate transactions; analyze detailed financial and credit data to match customer needs with appropriate loan programs and risk levels.
  • Inform prospective and existing customers about Wells Fargo Home Mortgage programs, rates, policies, underwriting requirements, and loan procedures.
  • Manage allocation of people and financial resources for Mortgage Retail Sales.
  • Mentor and guide the talent development of direct reports and assist in hiring talent.

Desired Qualifications

  • At least two years of sales management experience.
  • Mortgage industry experience.
  • Knowledge and understanding of sales prospecting and generating referrals.
  • Bilingual speaking proficiency in Spanish and English.
  • A Bachelor of Science or Bachelor of Arts degree or higher.
  • At least one year of experience recruiting individuals or teams.
  • Working knowledge of compliance, policy, and federal regulations.
  • Basic Microsoft Office skills.
  • Experience developing and cultivating professional relationships.

About the Company

Wells Fargo

Nationwide banking and financial services

Wells Fargo provides banking, investment, and payment services across the United States. Its products include checking and savings accounts, loans, credit cards, wealth management, and payment solutions that work through branches, online and mobile platforms, and an extensive network of branches and ATMs to move money and manage accounts. The bank leverages a long West-to-Midwest footprint and an integrated suite of banking, investment, and payments, reflecting its evolution from 1852 and the 1998 Norwest merger that adopted the Wells Fargo name. Its goal is to help customers manage money, grow wealth, and pay and transfer funds safely and reliably for individuals, small businesses, and institutions.

Company size
10,001+
Company stage
IPO
Headquarters
San Francisco, CA
Founded
1851

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