Mortgage Accounts Manager Job Description

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					Mortgage Accounts Manager Job Description

Mortgage Accounts Manager Job Profile and Description

The mortgage accounts manager is the one who has the responsibility to oversee the
proper processing and disbursement of loans collateralized with homes and real
properties. They are generally employed in the large bank with a portfolio of various
loan products. The officer also has the duty to ensure that the loan exposures to
households reach annual targets and remain in a healthy competitive condition with
prompt servicing. He or she also has to supervise a team of mortgage loan officers.

Mortgage Accounts Manager Duties and Responsibilities

There are the following duties and responsibilities of a mortgage accounts manager

      The manager has the prime responsibility to implement the corporate policies
       and service standard.

      He or she has to prepare the policies such as the interest charges, surcharges
       collateral requirements and loan products and schedules.

      It is needed to oversee that they are approved by executives of the bank.

      It will be needed to work as a supervisor of the various mortgage lending

      He or she has to oversee that the duties and responsibilities are performed

      It will be the duty to meet with the clients to discuss about the mortgage options.

      It will be also required to assist the clients in the loan applications and processing

      He or she has the responsibility to maintain the third party collection agents for
       defaulted loans.

       It will be also needed to keep him or her updated and upgraded with the real
       estate and home values in the community.

      He or she has to check by using the market appraisers, real estate agents and
       local surveyors.

Mortgage Accounts Manager Skills and Specification

The required skills and specifications are as follows:
       The person must have the excellent sufficient computational skills to do the work
        with whole accuracy.

       He or she needs to have the required working knowledge of the asset
        management modules of ERP systems.

       The person needs to have the excellent communication skills both verbal and

       He or she should have the excellent diplomatic and negotiation skills to do the

       He or she should have the qualities of being a good leader.

       The person needs to have the skills of doing excellent organization so should
        have the required skills.

       He or she should be able to do the excellent management of the staff and the
        work as well.

   Mortgage Accounts Manager Education and Qualification

       The person needs to have a bachelor’s degree in accounting, business
        administration or finance.

       He or she should have required past working experience of at least 10 years in
        the loan disbursement functions.

       It will be an added advantage for the person having MBA or master’s degree in
        accounting or financial management.

Mortgage Accounts Manager Salary

The salary of a Mortgage Accounts Manager basically depends upon the value of its loan
portfolio and exposures.

       The Mortgage Accounts Manager generally earns $43,500 and $73,300 annually
        and it also includes the executive perks and bonuses.

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