VP of Mortgage Finance (Banking)

Company: MRINetwork
Location: Houston
Posted on: April 10, 2021

Job Description:

Type: Permanent
Experience: Standard Management (Manager/Supervisor of Staff)
Education: Bachelor's Degree
Category: Banking
Industry: Financial / Banking
Company: MR Dominion
Salary: Competitive Depending on Experience
Reference ID: TcdDC6
Date Posted: 03/10/2021
Shortcut: http://jobs.mrinetwork.com/aKEF5Q
If you are a Mortgage Accounting & Finance professional and are looking for a great career opportunity as a VP of Mortgage Finance, we have a great opportunity for you. MR Dominion is a nationwide leader in both senior and executive level accounting & finance roles in $0 to $20B banks all over the United States and is an affiliate member of the MRI Network. Our client is a multibillion dollar, publicly traded bank with a large footprint on the Gulf Coast and they are looking for a key accounting & finance leader within mortgage to continue to shepherd the accounting process, but also to drive financial analytics within the mortgage subsidiary including budgeting, forecasting, planning, and profitability. This is a strategic role, but based on their growth trajectory, will also be tactical as someone must be willing to roll up their sleeves and 'dig in' to the business and be a key voice with mortgage leadership in helping set the continued trajectory of this bank's mortgage subsidiary. As an example of how broad based this role is, you will be asked to do a deep dive on expenses and analyze financials for lost revenue or unnecessary expenses. To breakdown financial impact at the Loan Officer level. Review monthly loan sales for efficiencies (or inefficiencies) between investors. You will also assist with making hedge position evaluations. You will provide financial analysis on the overall "mortgage process" of the subsidiary (i.e---time studies, cost per loan, cost per employee, and identify employee profitability and efficiency) as well as loan profitability and overall expense allocation. More strategically, you will be asked to do analytics and contribute thoughts on the future vision of the mortgage subsidiary and guide decisions by market or by products. Lastly, you must have a knowledge of the secondary market including hedging, mark to market, mortgage servicing rights (MSR's), service relief premiums (SRP's), and have experience interfacing with investors. As you can see, this is a broad based, fast paced role, that will be a lot of fun as you interface daily with the SVP of Bank Finance on straight line and with the Chief Retail Mortgage Officer and EVP of Mortgage on a regular basis. They have a wide footprint as a bank and thus flexibility with where this key Mortgage Finance role will be based, although Dallas would be the ideal location. Please inquire today in confidence.

Keywords: MRINetwork, Houston , VP of Mortgage Finance (Banking), Accounting, Auditing , Houston, Texas