Correspondent Account Executive

Posted Yesterday
Be an Early Applicant
Hiring Remotely in MA
Remote
65K-80K Annually
Mid level
Fintech
The Role
Develop and maintain a profitable network of correspondent loan originators. Train partners on loan programs, coordinate underwriting, commitments, closings and funding, enforce quality control, gather market intelligence, and attend industry events to drive whole-loan purchase production.
Summary Generated by Built In

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed.  We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description
Develops and maintains a high quality and profitable external network of correspondent originators for purchase of loans in an assigned area. Services the correspondent lender accounts through the introduction and training of new loan programs, while coordinating underwriting, commitments, closings, and funding of loans submitted for purchase. Gathers market specific information; attends correspondent functions and trade shows. Develops and enforces quality control measures and assures that the requirements and procedures of the division have been met by the loan origination source. Incumbents are customarily and regularly engaged in making and soliciting sales and conducting sales-related activities away from U.S. Bancorp locations.

Basic Qualifications
- High school diploma or equivalent
- Three to five years of experience in mortgage sales
- Three or more years of lending experience
- Ability to travel

Preferred Skills/Experience
- Extensive knowledge of business development techniques, sales development and planning
- Demonstrated ability to successfully sell service-based products, creating awareness, interest, and demand of services to meet production goals
- Working knowledge of whole loan purchase requirements and procedures from approval of correspondent sellers through the underwriting, funding, and delivery of loans submitted for purchase
- Excellent interpersonal, verbal and written communication skills

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits: 

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

  • Healthcare (medical, dental, vision)

  • Basic term and optional term life insurance

  • Short-term and long-term disability

  • Pregnancy disability and parental leave

  • 401(k) and employer-funded retirement plan

  • Paid vacation (from two to five weeks depending on salary grade and tenure)

  • Up to 11 paid holiday opportunities

  • Adoption assistance

  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

This role receives an annual base salary between $65,000 and $80,200 depending on the required state minimum plus eligibility for incentives based on employee’s production under the applicable incentive plan.

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.

Skills Required

  • High school diploma or equivalent
  • Three to five years of experience in mortgage sales
  • Three or more years of lending experience
  • Ability to travel
  • Extensive knowledge of business development techniques, sales development and planning
  • Demonstrated ability to successfully sell service-based products to meet production goals
  • Working knowledge of whole loan purchase requirements and procedures (approval through underwriting, funding, delivery)
  • Excellent interpersonal, verbal and written communication skills

US Bank Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about US Bank and has not been reviewed or approved by US Bank.

  • Retirement Support The package pairs a pension with a matched 401(k), strengthening long‑term financial security. Retirement programs and other financial safeguards are presented as comprehensive.
  • Leave & Time Off Breadth Paid vacation, sick time, numerous holidays, and dedicated volunteer hours provide meaningful time away. Additional time off with tenure and options to expand PTO bolster flexibility.
  • Healthcare Strength Medical, dental, and vision coverage with HSA/FSA options and wellness resources are described as robust. Health insurance is characterized as top‑notch in multiple descriptions.

US Bank Insights

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The Company
HQ: Minneapolis, MN

What We Do

We believe in putting people first, and our dedication to making ethical decisions and doing the right thing is at the heart of what we do. We're proud to be named by Ethisphere as a 2018 World's Most Ethical Company.

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