Managing Director, Residential Lending
Company: First Foundation Inc
Location: Irvine
Posted on: August 3, 2022
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Job Description:
Summary: This position is responsible for the management,
direction, and oversight of the Single-Family Residential /
Consumer Lending Production Department. This position reports to
the Chief Lending Officer and is responsible for directing the
single-family residential / consumer loan production program;
assessing loan inquiries, pricing, credit structure, financial
analysis, and reviewing/approving loan pricing exception requests;
pipeline reporting/forecasting; administering the Single Family
Residential Lending incentive plans, and coordinating with the loan
portfolio management and compliance teams.
Duties and Responsibilities:
Understands and complies with requirements of all laws and
regulations applicable to the position
Responsible for directing the Single Family Residential / Consumer
Lending production team with regulatory and compliance issues and
training programs as needed for staff development
Responsible and accountable for adherence to institutions policies
and procedures
Responsible for tracking and monitoring the single-family
residential / consumer loan pipeline for accurate
reporting/forecasting to management
Monitor the Single Family Residential / Consumer loan programs,
products, pricing, and delivery channel to ensure competitiveness,
demand, growth, and asset quality with efficiency and
profitability
Make decisions regarding Single Family Residential / Consumer loan
pricing and structure within designated authority level,
seekingsecondaryapproval as directed
Assist efforts to improve production through cross-selling and
referral activities among all channels in the company
Work as a strong partner with Credit Administration, Asset Quality
Review, Marketing, and Finance to expand and continuously improve
the lending channel
Partner with Compliance and Risk to ensure compliance with all
regulatory and internal audit requirements
Work closely with IT and outside development partners to ensure
bank income property lending system is in place and support program
needs, providing leadership as a liaison towards system development
initiatives
Maintain institutional knowledge of leading competitors products,
pricing, new technologies, and loan administration and credit
underwriting practices
Monitors income property real estate industry trends and maintains
current knowledge of the applicable market and industry
developments resulting in strong asset quality of the Banks
single-family residential / consumer loan portfolio
Perform other duties as assigned
Supervisory Responsibilities: This position has direct supervisory
responsibilities
Qualifications:To perform this job successfully, an individual must
be able to perform each essential duty satisfactorily. The
requirements listed below are representative of the knowledge,
skill, and/or ability required. Reasonable accommodations may be
made to enable individuals with disabilities to perform the
essential functions.
Education and/or Experience:
Bachelorsdegreein business, finance, or a related field
required
Minimum of 10yearsof banking, compliance, and related single-family
residential lending experience; minimum 10yearsof direct lending
management experience in a financial institution single-family
residential / consumer lending environment
Skills:
Must exhibit a solid awareness of current financial industry issues
regarding single-family residential property lending, including
pricing, credit structure, andsecondarymarketing execution
Must demonstrate strong and effective leadership abilities,
interpersonal skills, effective problem solving and decision-making
skills
Must demonstrate the ability to be instrumental in maintaining
effective teamwork among both peers and subordinates
Must haveadvancedwritten and verbal communication skills and
presentation skills
Must have a strong financial background and current working
knowledge of evolving financial industry trends with knowledge of
finance and information systems technology
First Foundation is an equal opportunity employer and all qualified
applicants will receive consideration for employment without regard
to race, color, religion, sex, national origin, protected veteran
status, status as a qualified individual with a disability, sexual
orientation, gender identity, or any other characteristic protected
by law.
Keywords: First Foundation Inc, Irvine , Managing Director, Residential Lending, Executive , Irvine, California
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