Jobs › Companies › M&T Bank › Residential Mortgage Sales Manager

About this Residential Mortgage Sales Manager role at M&T Bank

M&T Bank · Onsite · New York, NY

Overview:

Responsible for residential mortgage sales activities and participates in related business development activities for assigned geographic area. Must adhere to the requirements of federal registration under the SAFE Act.

Primary Responsibilities:

  • Develop a marketing strategy and set sales objectives for the residential mortgage program in assigned geographic area.
  • Oversee the development of new residential mortgage business, the expansion of existing business relationships and the servicing of customers.
  • Ensure the provision of services to customer an prospective customers seeking mortgage services.
  • Assist in the design and ensure the proper installation of residential mortgage services.
  • Keep informed of new residential mortgage products and trends in the local real estate market in order to incorporate them into the residential mortgage sales program. 
  • Exercise managerial authority concerning staffing, performance appraisals, staffing recommendations, promotions, and terminations.

Scope of Responsibilities:

The incumbent is responsible for calling on potential or existing customers to develop business or retail existing business.

External contacts include realtors, builder and developers during the solicitation of residential mortgages.

Responsible for establishing and maintaining federal registration requirements outlined in the SAFE Act.

Education and Experience Required:

Bachelor’s degree and 5 years mortgage experience,

OR in lieu of a degree,

A combination of 9 years higher education and or work experience including 5 years mortgage experience.

3 years supervisory/managerial experience

Education and Experience Preferred:

Thorough knowledge of personal computers and software utilized by department.

Excellent verbal and written communication skills with the ability to interact with all levels of personnel.

Knowledge of real estate law and government regulations pertaining to residential mortgage.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $109,300.00 - $182,100.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

New York, New York, United States of America
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How this Sales salary compares

This role pays $145,700/yr — in line with the typical range for Sales roles.

$68,028 median $123,300 $208,284

Typical range $95,000–$170,000/yr, from 171 comparable Sales listings on JobsRadar (pay annualized to USD). See Sales salary insights →

About M&T Bank

Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in people’s lives and uplift the communities we serve . M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T’s affiliates offer advice, guidance, expertise and solutions across the entire financial spectrum, combining M&T Bank’s traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. M&T Bank has a network of over 1,000 branches and 2,200 ATMs that span 12 states from Maine to Virginia and Washington, D.C. For more than 165 years, M&T has strived to take an active role in our communities an

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