[Remote] Regional Manager I- Residential Mortgage Origination at M&T Bank

United States

M&T Bank Logo
Not SpecifiedCompensation
N/AExperience Level
N/AJob Type
Not SpecifiedVisa
N/AIndustries

Requirements

  • Bachelor’s degree or equivalent in work experience
  • Seven (7) to ten (10) years’ experience in a mortgage sales environment
  • Five (5) to seven (7) years supervisory/managerial experience
  • Solid knowledge of personal computers and various software programs such as Excel and Word
  • Excellent written and verbal communication skills
  • Demonstrated business development experience and success
  • Ability to effectively manage a P&L
  • Ability to work independently
  • High level of attention to detail
  • Excellent knowledge of bank products
  • Knowledge of real estate law and government regulations pertaining to residential mortgage

Responsibilities

  • Plan for and hire sales capacity to successfully service the region’s branches, bank partners and to successfully target outside referral sources
  • Provide reports, feedback, goals and coaching to managers on volume, product blend, service levels, loan quality, and cross-sell
  • Actively recruit and retain top LOs and sales managers
  • Coach sales behaviors (including cross-selling)
  • Exercise the usual managerial authority with respect to staffing, performance management, employee development, salary recommendations, and termination
  • Maintain legal and compliance policies in accordance with M&T Bank
  • Provide guidance to staff when necessary
  • Travel throughout assigned region(s)
  • Responsible for meeting and maintaining registration requirements under the Federal SAFE Act
  • Develop and maintain relationships with internal and external referral sources
  • Establish and maintain federal registration requirements outlined in the SAFE Act
  • Supervise 50-150 employees including Mortgage Branch Managers, Mortgage Originators and support staff

M&T Bank

Full-service banking for individuals and businesses

About M&T Bank

M&T Bank provides a variety of banking services to individuals, small businesses, and larger companies. Their offerings include mortgage assistance, personal and business checking accounts, and mobile banking options. The bank primarily operates in the Northeastern and Mid-Atlantic regions of the United States, emphasizing community engagement and a focus on customer service. M&T Bank's business model is based on traditional banking practices, such as loans, deposits, and investment products, and it generates revenue through interest income and service fees. A key aspect that sets M&T Bank apart from its competitors is its commitment to community involvement, which includes allowing employees to volunteer and supporting local organizations. The recent merger with United Bank, N.A. has further expanded their services and market presence.

Buffalo, New YorkHeadquarters
1993Year Founded
IPOCompany Stage
Financial ServicesIndustries
10,001+Employees

Risks

Competition from fintechs could erode M&T Bank's market share among tech-savvy customers.
Integration challenges from the United Bank merger may disrupt operations.
Decreased prime rate could reduce interest income, impacting profitability.

Differentiation

M&T Bank emphasizes community engagement through its charitable foundation and volunteer programs.
The bank offers a wide range of traditional and digital banking services.
Recent merger with United Bank, N.A. expands M&T's market reach and service offerings.

Upsides

M&T Bank's $1.5 billion senior notes offering strengthens its financial position.
Decreased prime rate may attract more borrowers, increasing loan volume.
Shannon Lazare's appointment as New Jersey Regional President enhances local community engagement.

Land your dream remote job 3x faster with AI