Manager, Corresponding Lending Quality
Webster Bank

Job Info

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Job Description

If you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster's values, these set us apart as a bank and as an employer.

Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

Key Responsibilities

• Oversight and management of the product administration function for both residential mortgage and consumer products
  
• Custodial Duties for FNMA & FHLB-Certify loans, pulling paid off notes and maintaining vault organization.
  
• Investor Audits - Review/Research and respond to all agency audits. Provide KPMG all necessary documents for annual FNMA Audit.
  
• Perform due diligence for loans purchased for portfolio etc. to ensure guidelines are met.
  
• Manage the repurchase requests from investors, provide rebuttals and negotiate any options available.
  
• Initial and annual review of Correspondent QC Reports.
  

Skills and Experience

• Candidates with advanced degrees (Associates, Bachelor's, and/or Master's) preferred, yet a High School diploma or GED is required.
  
• Strong underwriting background
  
• Mortgage Lending Knowledge to include investors, mortgage insurance, products, underwriting, quality control
  
• Consumer Lending Knowledge to include products, underwriting
  
• System Knowledge: LOS system, word, excel, Power Point, servicing system (MSP)
  
• Project Management, People Management
  
• Hybrid schedule - 3 days in Southington, CT a week.
  

The estimated salary range for this position is $100,000.00 to $113,000.00 USD annually. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.

#LI-JG1

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

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