Account Manager - Newport Beach, CA

Company Background: BNC Mortgage has become the 8th largest wholesale subprime lender (National Mortgage News) in the mortgage industry. We have funded over $50 billion in home loans since our inception in 1995. In 2004, we became a wholly owned, operating subsidiary of Lehman Brothers Bank, FSB. As a result, Lehman Brothers, a Wall Street company, has been able to add superior strength and stability to our company.

Our headquarters are in Irvine, California, and we employ over 1,800 professionals. With our extensive network of local branch offices throughout the United States, we are able to provide exceptional customer service to our mortgage brokers. At BNC Mortgage, we offer a competitive compensation package and comprehensive benefits, including 401 (k) plan with match.

BNC Mortgage, Inc. is committed to the principles of equal employment opportunity. BNC does not discriminate against any employee or applicant for employment because of race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression, or because of any other criteria prohibited under applicable law.

General Summary:

Ensure prompt and efficient service to Brokers as liaison between Brokers, Underwriters, Appraisal Reviewers, Account Executives and Funders. Manage assigned pipeline to insure timely and efficient action. Ensure that all underwriting requirements/conditions are satisfied prior to printing loan-closing documents from pipeline of approved loans. Ensure all mandated and required procedures are applied to pipeline loans being cancelled or denied.

Essential Duties:


Manage pipeline to ensure adherence to company lending and service standards

Deliver conditional loan approvals to brokers

Communicate with brokers to provide status of loans

Confirm rates and fees charged and input data into loan origination system for documentation preparation

Request loan documentation to satisfy underwriting conditions

Remain current on company requirements and ensure compliance

Maintain clear, consistent line of communication between the Broker, Underwriter, Funder and assigned Account Executives

Restructure files as necessary

Provide back up when required

Provide training to other Account Managers as assigned

Various duties as requiredJob Requirements
Qualifications, Knowledge, Skills and Abilities:


College degree in business or finance preferred

Proven 3 years experience working in a production residential lending environment

2-3 years experience in mortgage loan processing, underwriting and/or funding

Experience working with automated loan processing/closing software

Strong organization and communication skills

Basic understanding of residential mortgage loan terminology, credit process and documentation

Ability to work with minimal supervision, assume multiple tasks and establish priorities to meet service standards

Proficient with Microsoft Office

Working Conditions:


Office Environment