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Responsibilities
At Newrez, we bring big thinkers and caring doers together to make home happen. We’re a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other.Every day, we work to exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and clear communication.The Wholesale Account Executive is responsible for markets wholesale and correspondent products and services to prospective brokers/bankers. In addition, the Wholesale Account Executive manages established broker relations including broker approvals, education, customer service and quality management regarding process, product and technology.Principal DutiesFormulate and establish funding projections/goals in conjunction with Wholesale leadership to align with Wholesale and Correspondent loan production, quality, and volume targets.Performs initial contact to prospect new mortgage brokers/bankers and coordinate broker approval process.Collaborates with Wholesale leadership and Corporate business partners to develop/implement marketing strategies within assigned territory/account list.Conducts large group presentations at broker offices to promote Company Value Proposition and present our process, product and technology platforms.Serves as subject matter expert on Company policies, procedures, products and technology.Collaborates with loan operations team to manage active pipeline.Escalates second reviews to appropriate Operations/Underwriting leadership.Establishes communication protocol with Client Relations Managers to optimize service delivery.Assists clients with lock reconciliation, extensions and exceptions.Ensures that clients understand the Company’s loan processing, underwriting and closing processes.Provides brokers/bankers with information to access current rate sheets and product guidelines.Provides technical training and support to clients with regard to Company technology platform.Performs related duties as assigned by management.Education and Experience RequirementsBachelor's degree with major coursework in a related discipline; Equivalent job/education experience will be considered.4+ years of experience in sales and/or real estate.2+ years of mortgage sales, including Government and Conventional products, i.e.: FHA, VA, FNMA, and FHLMC and related guidelines.Knowledge, Skill, and Ability RequirementsKnowledge of local real estate market.Working knowledge of investor guidelines, underwriting policies and loan products.Excellent verbal and written communication skills.Additional Compensation: The individual in this position will be eligible for a bonus based on individual and company performance, variable or annual.Compensation for this position may also include other elements, including medical, financial, various paid time off benefits, and a bonus based on individual and company performance, variable or annual.Company BenefitsMedical, dental, and vision insuranceHealth Savings Account with employer contribution401(k) Retirement plan with employer matchPaid Maternity Leave/Parental Bonding Leave/Caregiver LeaveAdoption AssistanceTuition & Certification reimbursementEmployee Mortgage Loan ProgramThe Newrez Employee Emergency and Disaster Fund is a program to support our team members experiencing hardshipsNewrez NOW: Through Newrez NOW, our Corporate Social Responsibility program, you’ll have opportunities to give back, lead, and make a difference.1 company-paid Volunteer Time Off day (with over 40,000 volunteer hours contributed since our inception)Matching Gifts Program - dollar-for-dollar up to $1,000Access to grants, nonprofit resources, and volunteer opportunitiesMore than $6,000,000 donated since 20201 in 5 employees participates in at least one Employee Resource Group (ERG)All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator. Employment will be contingent on this requirement.
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