Head of Residential Lending

About the Organization

We are people serving people. Established in 1849, Ives Bank is a full-service community bank rooted in history and positioned for the future. We provide a full array of deposit, savings, and lending services for individuals and businesses. Through modern banking technology, our customers can access to their accounts and manage their money anytime, on the go. We are committed to employing highly-motivated people who value customer care, professionalism, and team success.

Ives Bank is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.

Head of Residential Lending

Full-Time, In Person

The Head of Residential Lending position is responsible for the management of the origination process through the post-closing process.

• Responsible for new business development and identifying strategic opportunities to grow mortgage lending. Ensure achievement of annual mortgage production goals set by the bank for the year.
• Oversight of the overall planning and development to ensure the bank’s annual consumer loan goals are met
• Responsible for meeting the goals set for portfolio and loan sale mix
• Develop overall strategies to achieve annual department goals other than production goals

• Meet annual requirements for FTHB seminars and mortgage days in all Savings Bank of Danbury markets
• Audit and reviews results are less than two report findings per audit
• Audit and reviews are prepared and responses to audits occur within established timelines

• Ensure through lending process that loans are underwritten and approved following Savings Bank of Danbury policies and procedures
• Maintain up to date knowledge of changing legislation so that Savings Bank of Danbury complies with all state and federal compliance regulations
• Adheres to company policies and procedures on loans sold to investors ensuring they meet the investors guidelines
• Is aware of and complies with CRA guidelines and policies, ethics policy, and non-discrimination policy.

• Excellent written and oral communication skills to interact with customers and our internal team
• Proven high level management skills
• Minimum of 5 years of experience in mortgage management or a similar role
• Strong knowledge of mortgage lending practices, regulations, and industry standards
• Familiarity with financial services software and systems
• Excellent analytical skills with the ability to assess risk and make informed decisions
• Strong understanding of GAAP principles and regulatory reporting requirements
• Knowledge of SOX (Sarbanes-Oxley Act) compliance is preferred

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.