We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.
Title: Divisional Manager
Code: SA6-010
FLSA Status: Exempt
Department: Originations - NewRez-Shelter - Administration
Location: Remote
Reports To: SVP - Joint Venture & Retail Lending
Primary Function
The Division Manager is responsible for partnering with the Joint Venture President in managing and directing Joint Venture mortgage, Production, as well as planning and organizing strategic initiatives. The Division Manager provides sales development and leadership/ management of Joint Venture Presidents as aligned with corporate targets. Directly responsible for overseeing production goals based on recruiting activities, success rate strategies, and margin management, while developing Joint Venture Presidents and their respective Joint Ventures.
Direct Reports
- JV President
Principal Duties
- Identifies opportunities for growth in both existing Joint Ventures and new partnerships.
- Develops and leads the implementation of overall strategy to increase JV success rates and funded volume.
- Collaborates with Sr. Division Manager & Channel Leader to evaluate Joint Venture performance.
- Provides strategic direction, business plans, and oversight to ensure each Joint Venture is maximizing profitable production while maintaining efficient and accurate operations.
- Supports and assists Joint Venture presidents with recruiting efforts, staffing models, board meeting preparation, building a sales centric culture, and a focus on both the employee and customer experience.
- Responsible for communication and implementation of company policies and procedures.
- Oversees management of P&L for assigned Joint Ventures.
- Promotes, supports, and enhances the Newrez ventures brand.
- Perform other related duties as assigned.
Education and Experience Requirements
- Bachelor’s Degree preferred
- Leadership experience working with management level employees in multiple markets required.
- 7+ years in mortgage (production).
- Strong communication and interpersonal skills with a proficiency in budgets, P&L, and other financial reports.
Knowledge, Skill, and Ability Requirements
- Knowledge of mortgage industry, regulatory environment, and financial markets.
- Strong managerial, organizational, and problem-solving skills with ability to multi-task.
- Demonstrated leadership, enthusiasm, and ability to recruit and motivate others.
- Excellent interpersonal, oral, and written communication skills.
- Ability to meet aggressive deadlines and build strong working relationships with multiple departments.
- Ability to successfully recruit, mentor, and lead Joint Venture presidents.
While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.
Additional Information:
While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.
All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement.
Company Benefits:
Newrez is a great place to work but we are only as strong as our greatest asset, our employees, so we believe in rewarding them!
Medical, dental, and vision insurance
Health Savings Account with employer contribution
401(k) Retirement plan with employer match
Paid Maternity Leave/Parental Bonding Leave
Pet insurance
Adoption Assistance
Tuition reimbursement
Employee Loan Program
The Newrez Employee Emergency and Disaster Fund is a new program to support our team members
Newrez NOW:
Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more
1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice
Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee
Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions
Equal Employment Opportunity
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.
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