Director of Mortgage Production - Remote

Who We Are
Southern Bancorp is more than a bank. As a Community Development Financial Institution (CDFI), a special certificate on designated for institutions that serve predominantly underserved communities, Southern Bancorp combines traditional banking and lending services with financial development tools and public policy advocacy to help families and communities grow stronger. Inspired by the principle that building net worth drives economic opportunity, our mission is to be wealth builders for everyone in the communities we serve, with a focus on low-wealth and un(der)banked populations, as well as an emphasis on Black and Brown individuals.  

Job Summary

The Director of Mortgage Production is responsible for managing and ensuring the success of multiple mortgage teams, including overseeing sales management, growth, pipeline operations, adherence to policy, and profitability. This role requires building relationships and actively engaging with minority and underserved communities. A strong understanding of the Equal Credit Opportunity Act, Community Reinvestment Act, and Fair Lending Compliance, including Disparate Impact, is essential. Familiarity with programs promoting homeownership for underserved groups is key to expanding Southern Bancorp's footprint. Additionally, knowledge of special-purpose credit programs supporting homeownership with safe and sound lending practices aligned with Southern Bancorp's mission is a valuable asset. This position involves serving on government and non-government boards focused on diversity lending to contribute to potential changes in Fair Housing Initiatives and Community Reinvestment Act reform.

This is a remote position only offered in AL, AR, FL, GA, LA, MS, MO, NC, SC, TN or TX.

Responsibilities

• Collaborate with and report directly to the mortgage executive team, providing strategic direction and management to production managers, lenders, and staff.
• Assist production managers in developing and implementing business and financial plans.
• Oversee mortgage loan production, efficiency, and execution, while supporting and serving as a resource for the mortgage production team.
• Act as a community development lender, working with borrowers to assess feasibility and structure transactions until team growth necessitates a more focused role.
• Compile and share best practices in community development lending, policy, and program areas.
• Support community engagement and partnerships that align with Southern Bancorp's mission.
• Provide input on products, down payment assistance programs, and investor needs to advance Southern Bancorp's mission.
• Manage special projects and perform other duties as assigned.

Requirements

Education: Bachelor’s degree in a related field or equivalent work experience.

Experience:

• Ten years in community development or minority mortgage lending, focusing on bridging the homeownership gap in underserved communities.
• Minimum five years in the mortgage industry in a leadership role.
• Familiarity with a broad range of program and mortgage investor guidelines.
• Excellent interpersonal skills to positively represent Southern Bancorp to customers and colleagues.
• Strong judgment, decision-making abilities, and the capacity to perform under pressure and meet deadlines with minimal supervision.
• Proven ability to build and maintain teams and relationships.
• Ability to travel to team locations in multiple states; must have a valid driver’s license and a vehicle with appropriate insurance coverage.
• Must have or obtain NMLS clearance.
• Fluency in a second language is preferred but not required.

#LI-remote

Physical/Sensory Requirements

• Regularly required to sit, talk, and hear; reach with hands and arms; occasionally stand, walk, stoop, kneel, or crouch.
• Occasionally required to lift or move up to 50 pounds.
• Regularly required to use computers, telephones, and other standard office equipment.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

What we offer our employees:

A positive impact on Your Future:

• 401(k)/Roth plan with immediate eligibility and employer match up to 6%
• Employee stock ownership plan
• Discounted rate on primary home mortgage
• Credit and housing counseling as well as free financial education tools available to customers and employees

 Benefits to improve your health:

• No deductible medical insurance plan
• Dental and vision insurance 
• Employer paid life and long-term disability insurance
• Flexible Spending Accounts

The opportunity to nurture your well-being:

• Paid holidays and paid time off 
• Bonus plan 
• Opportunity for merit raises
• Employee reward and recognition programs
• Community service opportunities

Southern Bancorp is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, age, sexual orientation, gender identity, gender expression, status as a protected veteran, among other things, or status as a qualified individual with disability. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

As a Community Development Financial Institution, Southern Bancorp desires its workforce to reflect the diversity of the customers and communities that we serve. Racial and ethnic minorities, people from working class backgrounds, women and LGBTQ people are often underrepresented in many financial service industry professions. Therefore, we strongly encourage applications from people with these identities or who are members of other marginalized communities.