Mortgage Market Manager

Job Description

Job Description

At Mercantile Bank, we believe in empowering passionate professionals who thrive on forging genuine connections and driving community success. Although we've grown organically across Michigan-thanks to our strong word-of-mouth reputation-we're just getting started in Metro Detroit. This is your chance to make a significant impact in a dynamic, growth-oriented market from our Troy, MI office!

Join us as a Full-Time Mortgage Market Manager , where your passion for growth and leadership can shine. This role offers the thrilling opportunity to cultivate and elevate a dynamic team of mortgage professionals. With a competitive pay structure, you can expect to benefit from commissions based on both individual and team production, rewarding your efforts and contributions.

Core Responsibilities:

• Support your established customer base with best-in-class mortgage products and services. We're proud to close loans in an average of just 23 days!
• Build and lead a team of successful Mortgage Loan Officers within the Southeast Michigan market.
• Be the face of Mercantile Bank in your community and partner with a dedicated team of bankers, treasury management specialists and government bankers to provide Mortgage solutions that not only meet but exceed customer expectations.

If you are eager to drive innovation and collaborate with like-minded professionals in a customer-centric environment, this is the perfect opportunity for you. Apply today to be part of our exciting journey at Mercantile Bank.

Why Mercantile Bank?

Mercantile Bank was founded by entrepreneurs who believed building strong relationships and communities is accomplished through collaboration and innovation. It's more than being a financial institution, it's being a trusted ally and community partner. As Michigan's largest community bank, our roots are deeply embedded in the diverse communities we serve. Our commitment to our customers and community is at the core of all we do.

As an employee of Mercantile Bank, you will receive competitive compensation, bonus opportunities, and best-in-class benefit options. With a minimum of 4 weeks' vacation, sick time, 11 paid holidays, generous 401k match of 5%, company paid life insurance, tuition reimbursement, IVF and adoption assistance, zero-interest loans for fitness equipment and business attire, discounted bank services, employee stock purchase plan, 529 savings plans, health savings accounts, flexible spending accounts, legal protection, exceptional training and development opportunities, and encouragement to connect with community through volunteer opportunities.

A Look into Your Day

As a Producing Mortgage Market Manager at Mercantile Bank, you will thrive in a highly dynamic role where you will balance personal mortgage originations with effective team leadership. Your day-to-day responsibilities will include originating first and second mortgage loans while fostering relationships with realtors, builders, and financial planners to enhance your referral base. You will lead a team of 3-6 Mortgage Loan Officers, focusing on recruitment, training, coaching, and mentoring to meet the bank's objectives.

Additionally, you'll oversee loan applications, ensuring compliance with regulations and maintaining high-quality submissions. Your role will also involve tracking mortgage pipelines, managing sales initiatives, and engaging in community outreach to solidify Mercantile's reputation as a preferred mortgage lender. By blending sales expertise with team management, you will play a crucial role in driving results and enhancing customer satisfaction, all while upholding our core values of integrity, excellence, and collaboration.

What We're Looking For

To excel as a producing Mortgage Market Manager at Mercantile Bank, candidates should possess a robust skill set and relevant experience. Sales and customer service skills are critical, as is the ability to think strategically and lead the vision for the team. Successful candidates will thrive in fast-paced environments showcasing exemplary presentation and negotiation skills. The ability to collaborate effectively with internal business unit experts is also vital to ensure seamless operations and superior customer experiences.

Candidates should be driven by a commitment to excellence and integrity, consistent with Mercantile Bank's core values.

Requirements:

• 5 years mortgage sales management experience
• Must be an active producing mortgage sales manager
• Bachelor's Degree in a business-related field
• Strong business and banking acumen