Correspondent Account Executive

This is a fully remote position, open to applicants in Massachusetts.

📋 Description

• Build and sustain a high-quality, profitable external network of correspondent originators for loan purchases within a designated region.

• Manage correspondent lender accounts by introducing and training them on new loan offerings.

• Oversee underwriting, commitments, closings, and funding for loans submitted for purchase.

• Collect market-specific insights.

• Participate in correspondent events and trade exhibitions.

• Establish and uphold quality control protocols.

• Ensure that loan origination sources comply with division standards and procedures.

• Engage in sales activities and solicit business outside of U.S. Bancorp locations.

⛳️ Requirements

• High school diploma or its equivalent.

• Three to five years of experience in mortgage sales.

• At least three years of lending experience.

• Willingness to travel.

• In-depth knowledge of business development strategies, sales growth, and planning.

• Proven ability to market service-oriented products and generate awareness, interest, and demand to fulfill production objectives.

• Familiarity with whole loan purchase requirements and processes, from correspondent seller approval through underwriting, funding, and delivery.

• Strong interpersonal, verbal, and written communication skills.

• Ability to adhere to U.S. Bank policies and procedures, including the Code of Ethics and Business Conduct, as well as workplace conduct and safety guidelines.

• Certain roles may require compliance with FINRA, NMLS registration, Reg Z, Reg G, OFAC, NFA, FCPA, the Bank Secrecy Act, SAFE Act, and other relevant regulations.

🏝️ Benefits

• Healthcare coverage (medical, dental, vision).

• Basic term and optional term life insurance.

• Short-term and long-term disability coverage.

• Pregnancy disability and parental leave.

• 401(k) plan with employer-funded retirement options.

• Paid vacation ranging from two to five weeks based on salary grade and tenure.

• Up to 11 paid holidays throughout the year.

• Adoption assistance programs.

• Sick and Safe Leave accrual at a rate of one hour for every 30 hours worked, up to 80 hours annually unless otherwise mandated by law.

• Qualification for incentives based on employee performance under the current incentive plan.