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United States, O'Fallon Employment contract 71220.00 - 99380.00 USD / Year · Job Posted May 29, 2026
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Job Description
The Correspondent Team Lead is an experienced, professional role which integrates in-depth specialty knowledge with a solid understanding of industry standards and practices. Demonstrates a good understanding of how the team integrates with others to accomplish the overall objectives of the Correspondent business. Solid time-management skills and ability to work in a fast-paced environment is critical. Developed communication and diplomacy skills are required to exchange potentially complex/sensitive information. Applies analytical thinking and knowledge for a diverse array of mortgage products, including agency, non-agency and community lending programs. Understands Regulatory testing and processes to ensure loans adhere to Compliance policies. Works under little supervision while ensuring the quality of tasks or services are being met daily.
Job Responsibility
Complete and monitor various Risk and Control reports daily
Perform daily pipeline review to ensure loans are reviewed within business service level agreements
Daily/weekly reporting of turn-times, loan registrations, aged inventory, HMDA inquiries, etc.
Provide support with training new hires
Act as a Subject Matter Expert for special projects
Assist staff with internal and external escalations of loan transactions
Review and analyze procedures on a regular basis to find potential gaps and more efficient processes
Analyze quality results to identify training opportunities and determine potential solutions
Review mortgage loan documentation submitted by Correspondent lenders for accuracy, consistency, and compliance with business guidelines for potential purchase
Ensure data integrity between loan documents and loan origination system to meet applicable guidelines
Review loan documents against established procedures for presence, completeness, accuracy, and compliance
Ability to analyze and calculate complex income/employment (e.g. paystubs, W2, tax returns etc.), asset and credit documentation to determine eligibility against published guidelines
Assist with issues including but not limited to the following: fee calculations to balance the APR Calculations, High-Cost calculations, Qualified Mortgage (QM) classifications, disclosure timing requirements, tolerance testing limits and Texas 50 (a)(6) testing to ensure compliance with Federal and State regulations
Communicates well with both internal and external partners, ability to articulate clearly complex mortgage interpretations.
Requirements
A minimum of 5 years of related mortgage originations experience, including various products such as Agency, Non-Agency and Community lending
Demonstrated experience as a mentor and leader
Excellent written and oral communication, analytical, problem-solving, decision-making, and computer skills required
Strong understanding of mortgage workflows and processes.
What we offer
medical
dental & vision coverage
401(k)
life, accident, and disability insurance
wellness programs
paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays