MSR Financing Manager Job Listing at City National Bank in Mount Laurel, NJ (Job ID 9763)

Description

MSR FINANCING MANAGER WHAT IS THE OPPORTUNITY? This position will have primary responsibility for the development, implementation, strategy, and growth of Mortgage Finance Group's MSR Financing product in addition to promoting MFG's existing product offering. What you will do

• Lead strategy and growth initiatives for Mortgage Finance's MSR Financing product.
• Perform primary business development activities including client sourcing, pricing, negotiation, deal structuring, profitability, risk & relationship management.
• Call on existing and prospective clients to cross-sell all Bank products/services in order establish a total client banking relationship.
• Develop/expand CNB's MSR syndication and Agent capabilities.
• Participate in various strategic initiatives to improve Bank's asset reserve provisioning and capital allocation.
• Monitor portfolio for quality, risk and policy compliance in conjunction with Credit.

Must-Have*

• Bachelor's Degree or equivalent
• Minimum 10 years Mortgage banking experience
• Minimum 10 years Warehouse Lending and/or MSR Financing experience
• Minimum 5 years Commercial banking experience

Skills and Knowledge

• Excellent knowledge of mortgage finance products.
• Highly developed communication and interpersonal skills.
• Ability to engage with a wide range of stakeholders.
• Strategic thinker, able to assess and recommend a course of action.
• Sounds credit analysis and accounting skills.
• Strong analytical, decision-making and problem-solving skills.

Compensation Starting base salary: $122,535 - $208,715 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
*To be considered for this position you must meet at least these basic qualifications
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. Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks. ABOUT CITY NATIONAL
City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $92.03 billion in assets as of April 30, 2024. Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C. and Miami.* In addition, the company and its investment affiliates manage or administer $96.83 billion in client investment assets. City National is dedicated to strengthening communities, and in 2023 alone, the company made more than $11 million in charitable contributions to nonprofits that support the communities it serves.

*City National Bank does business in Miami and the state of Florida as CN Bank.

For more information about City National, visit cnb.com. EQUAL OPPORTUNITY EMPLOYER & REASONABLE ACCOMMODATION
City National Bank is an equal opportunity employer committed to promoting and maintaining a diverse, equitable and inclusive working environment where differences are valued and encouraged. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by the laws or regulations in the locations where we operate or in our Code of Conduct. READ MORE

If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation for any part of the employment process. Please contact us via email or leave a message at (213) 673-9139. These contact methods are dedicated to applicants whose disability prevents them from successfully applying online. Only messages left for this purpose will be returned. Responses may take up to two business days.

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