"ESSENTIAL JOB FUNCTIONS

The branch manager position is classified as an exempt position. The job duties of this position are listed below:

• Personally originate and oversee the origination of residential mortgage loans.
• Subject to the ultimate supervision, direction and control of MIG, Manager will be responsible for the day to day operations of the Branch. This includes, but is not limited to:
•  remaining familiar with and ensuring that all loans originated/processed by the Branch are originated, and processed in accordance with MIG’s Guidelines, Quality Control measures, Investor Guidelines, and all applicable federal and state laws;
•  remaining familiar with and ensuring compliance with all MIG’s rules, policies, and procedures, as well as federal, state and county laws, regulations, and ordinances;
•  ensuring state license is renewed as necessary and completing all continuing education requirements in a timely manner;
•  ensuring that all proper documentation is prepared, kept and maintained in accordance with all applicable laws, and is readily available for inspection at MIG’s discretion;
•  informing MIG immediately of any and all events, incidents, occurrences, complaints, lawsuits, investigations or other material information or matters, including but not limited to incidents, complaints, or reports of illegal, unethical, or other inappropriate conduct;
•  informing MIG of all expenses on a timely basis in order to ensure prompt payment thereof;
•  registering all loans in accordance with loan origination systems procedures;
•  forwarding all fees, checks, deposits, etc. in the possession of Manager to MIG’s Corporate Headquarters in a timely manner;
•  ensuring that all loan documents are stored in MIG’s document storage system and accessible to MIG upon demand;
•  hiring, developing, maintaining, training and supervising a sales force of loan originators and support staff to maximize Branch revenue and profit in accordance with and subject to MIG policies and procedures. Annual performance reviews of all branch support staff will be submitted in a timely manner;
•  ensuring that all persons performing any services for MIG through the Branch are MIG employees and are approved to start by MIG corporate headquarters.
•  ensuring that all loan files and borrower checks for loans originated by the Branch, whether brokered or closed by MIG, are submitted in a timely manner to MIG’s main office.
•  ensuring that all advertising and marketing is done only with the pre-approval of MIG and that any telephonic marketing is performed in accordance with MIG guidelines for use of the Do Not Call list and must be in compliance with Federal and State rules.
•  ensuring that all websites must be approved by MIG prior to posting to the general public.
•  ensuring that any and all email communications on behalf of the firm shall be sent from and directed through corporate email. Private email is not to be used for any official MIG business.
• Notwithstanding any provision of this Agreement to the contrary, without the prior written consent of MIG, Manager is not authorized on behalf of MIG to:
•  sell, lease, trade, exchange or otherwise dispose of any capital asset of MIG;
•  grant a security interest in, hypothecate or otherwise encumber any asset of MIG;
•  incur any debt, sign any lease, or borrow money in the name of or on behalf of MIG;
•  confess a judgment against MIG or settle or compromise in any manner any legal action, claim or litigation in the name of MIG brought by or against MIG;
•  implement material changes to the operation of the Branch;
•  open any bank, savings, credit, or investment account in the name of MIG or any DBA, parent, subsidiary or affiliate thereof;
•  deposit, cash, endorse, transfer or negotiate any check, instrument, draft or other payment payable to or intended for MIG;
•  acquire or attempt to acquire any signature rights to any of the aforementioned accounts, nor may Manager open any account in the name of or a name similar to the foregoing;
•  accept any funds or wire transfers intended or for the benefit or on behalf of MIG;
•  conduct any Realtor activities or hold an active Realtor license during the period of employment or permit or allow other loan officers of MIG to engage in such activities;
•  pay any expenses for the branch out of any personal funds, or pay or promise payment to any person for services associated with the origination or processing of loans, who is not a MIG employee.
•  Issue or allow others to issue a commitment of financing without proper prior underwriting approval;
•  Waive any commitment fees or fees for appraisals, credit reports, title policies, flood certifications or surveys;
•  Undertake any financing or origination of loans in contravention of company policies, including but not limited to straw financing, flip financing, or the transfer of loans from or to MIG without proper approval;
•  Deviate from approved compensation plans for any Branch Managers;

Use the name Mortgage Investors Group except in furtherance of his/her duties on behalf of MIG. Manager has no ownership or other usage rights with respect to the name Mortgage Investors Group and upon termination of this Agreement, Manager shall cease using the name Mortgage Investors Group or any semblance thereof."

"JOB SPECIFICATIONS

Minimum Education:

• High school or equivalent-Required
• 4-Year degree-Preferred

Minimum Knowledge:

• Demonstrated communication and organizational skills
• Proficiency in various computer software programs including: Microsoft Office (Excel, Word, Access), database management and other business applications
• Ability to work independently with little or no supervision

Minimum Experience:

• Minimum of 10 years management / supervisory experience in a financial field

SUPERVISION 

• Close supervision over a group of employees: assigning tasks and duties, giving specific instruction, and directing work schedules.

PHYSICAL REQUIREMENTS

Must be able to navigate throughout the building. Must be able to hear and communicate well. Must have good eye-hand coordination and finger movement for use in computer software programs. Must be able to lift approximately 20 pound boxes holding supplies, etc.

ADDITIONAL INFORMATION

Notice: The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.