Wholesale Account Executive

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Job Overview

The position of Wholesale Account Executive at Newrez is designed to exceed the expectations of residential mortgage borrowers and business partners. This role emphasizes superior service, simple processes, and effective communications. The company aims to empower employees by fostering a culture of performance recognition and teamwork.

Key Responsibilities

As a Wholesale Account Executive, you will undertake several responsibilities focused on enhancing and managing broker relationships. Some of your principal duties will include:

• Formulating and establishing funding projections and goals in collaboration with wholesale leadership to align with production, quality, and volume targets in Wholesale and Correspondent loan operations.
• Initiating contact to prospect new mortgage brokers or bankers and coordinating the broker approval process.
• Collaborating with leadership and corporate business partners to develop and implement marketing strategies effectively within your designated territory.
• Conducting large group presentations at broker offices to promote the company's value proposition, showcasing your process, products, and technology.
• Acting as a subject matter expert on company policies, products, and technology, ensuring brokers and bankers are informed about current rate sheets and product guidelines.
• Managing the active pipeline with the loan operations team, escalating reviews to the necessary Operations or Underwriting management as needed.
• Establishing communication protocols with Client Relations Managers to optimize service delivery and provide support related to loan processing, underwriting, and closing processes.

Required Skills and Qualifications

To qualify for the Wholesale Account Executive position, candidates must possess specific educational and experiential qualifications:

• A Bachelor’s degree in a related discipline or equivalent job/education experience.
• A minimum of 4 years of experience in sales and/or real estate, with at least 2 years in mortgage sales, including familiarity with Government products like FHA, VA, and conventional guidelines such as FNMA and FHLMC.
• Demonstrated knowledge of the local real estate market is crucial. Furthermore, understanding investor guidelines, underwriting policies, and loan products is essential to effectively perform the job.
• Excellent verbal and written communication skills are paramount for successful interaction with brokers, clients, and cross-functional teams.

Employment Conditions

As a Wholesale Account Executive, you will be required to meet specific employment conditions, including:

• Ownership of a smartphone that meets company security standards, enabling the installation of necessary applications like Okta Verify and Microsoft Authenticator.
• While these responsibilities encapsulate the position's core requirements, management reserves the right to adjust job duties and responsibilities as needed, ensuring flexibility in meeting organizational objectives.

Salary and Benefits

Although the specific salary range is not provided in the job description, Newrez is recognized for offering a competitive compensation structure accompanied by diverse employee benefits designed to foster workplace satisfaction. Benefits include:

• Medical, dental, and vision insurance, along with a health savings account that includes employer contributions.
• 401(k) Retirement plan with an employer match, ensuring employees can safely save for their future.
• Paid Maternity Leave and Parental Bonding Leave to support employees during significant life events.
• Pet insurance, adoption assistance, and tuition reimbursement as part of the comprehensive benefits package.
• Access to the Newrez Employee Emergency and Disaster Fund, aimed at providing additional support during personal challenges.

Newrez also champions corporate social responsibility through Newrez NOW, encouraging employees to engage in philanthropy and volunteerism.

Company Culture and Equal Opportunity

Newrez considers its employees to be its greatest asset, promoting a culture that focuses on employee recognition and teamwork. The company firmly believes in diversity and inclusion, celebrating differences in race, color, religion, gender identity, sexual orientation, disability, veteran status, and more, thereby contributing to a better workplace environment.

Newrez is proud to be an equal opportunity employer, ensuring that all candidates are treated fairly during the hiring process, regardless of their background or personal circumstances.

Conclusion

This position of Wholesale Account Executive presents an exciting opportunity for motivated individuals looking to thrive within the mortgage sector. As you consider applying, reflect on your experience, skills, and your desire to join a company that values its employees and strives for superior service in the mortgage industry.

This job offer was originally published on himalayas.app