Associate Mortgage Specialist
Morgan Stanley has earned a worldwide reputation for the excellence of its advice and execution in financial markets. With offices in more than 41 countries, the firm is truly global-and a market leader in the U.S., Europe and Asia as well as in emerging markets. Morgan Stanley's success rests on the talents and passion of our people, who share a common set of values and bring excellence and integrity to everything they do.
Morgan Stanley Private Bank, National Association (MSPBNA) a division within Morgan Stanley Wealth Management (MSWM). Morgan Stanley Wealth Management is one of the largest wealth management firms in the world, with more than $2 trillion in client assets and more than 16,000 financial advisors. Our financial advisors deliver tailored solutions designed to help clients achieve their financial goals. We provide individuals, families, businesses and institutions with a wide variety of services: brokerage and investment advisory services, financial and wealth planning, access to credit and lending, cash management, annuities and insurance, and retirement services.
MSPBNA is seeking to hire candidates for the position of Associate Mortgage Specialist for the Morgan Stanley Home Loans team. As an Associate Mortgage Specialist, you will use your in-depth industry knowledge and experience to provide excellent client experience to our Financial Advisors and their wealth management clients throughout the home loans mortgage origination cycle.
The ideal candidate will be a subject matter expert in jumbo mortgages, complex income and assets and have a high degree of comfort engaging with affluent clients and their advisors. An individual that exhibits high energy, takes ownership and demonstrates a collaborative pro-active approach is critical for this role.
Position can be based: (a) in our Dallas, TX office or (b) Tempe, AZ office.
Position Responsibilities
Serve as primary point of contact for client interactions, internal and external business partners, including Financial Advisors, their clients, and Private Bankers
Embrace the Morgan Stanley core value of Putting Clients First by listening to client needs; understanding the loan transaction; managing expectations; and providing transparent client/partner communication and timely updates throughout the overall mortgage loan process
Act as the initial escalation point for loans in process; provide alternative solutions and discernment to escalate further when necessary; demonstrate the ability to de-escalate situations as appropriate
Manage and oversee the pipeline to ensure all loans are progressing in accordance with established expectations
Request, review, and validate all loan processing documents such as income, credit, appraisal, insurance and title
Coordinate with various processing, underwriting, credit risk and other internal/external business partners to complete fulfillment and ensure timely closings
Provide comprehensive reviews and recommend solutions/options regarding credit risk of high-net-worth clients (i.e., complex income, asset, and vesting scenarios)
Obtain documents to satisfy conditions for underwriting approval and product/pricing negotiations as necessary
Provide perspective and feedback relative to client experience enhancements and process efficiencies
Qualifications
3-5 years of relevant mortgage experience (Sales and Operations preferred)
Experience in Client Relationship Management roles
Established track record of developing and maintaining Client relationships in a Sales or Operational setting
Proven track record of meeting individual and organizational loan production goals while maintaining a large client base
High school diploma or equivalent required
Wealth Management/Private Banking experience preferred
Eligible for employment with an FDIC-insured institution and able to register with the Nationwide Mortgage Licensing System & Registry (NMLS) as a mortgage loan originator
Skills/Abilities
Extensive knowledge of mortgage products and client service experience
In depth knowledge of the compliance regulations and laws that govern consumer mortgage lending, including fair lending, privacy, RESPA, and TRID
Strong communication skills, both written and verbal, and interpersonal skills required
Self-starter with a strong sense of ownership; ability to manage time, prioritize and plan accordingly
Proficient in the use of a variety of systems for accurate reporting and tracking; including MS Office (Word, EXCEL, Outlook, PowerPoint)
Achieve high levels of Client and Financial Advisor satisfaction
Proactively manage loan escalations as needed to ensure a timely resolution while providing an enhanced client experienceEffectively manage a pipeline that includes Core (Apply Now
Morgan Stanley Private Bank, National Association (MSPBNA) a division within Morgan Stanley Wealth Management (MSWM). Morgan Stanley Wealth Management is one of the largest wealth management firms in the world, with more than $2 trillion in client assets and more than 16,000 financial advisors. Our financial advisors deliver tailored solutions designed to help clients achieve their financial goals. We provide individuals, families, businesses and institutions with a wide variety of services: brokerage and investment advisory services, financial and wealth planning, access to credit and lending, cash management, annuities and insurance, and retirement services.
MSPBNA is seeking to hire candidates for the position of Associate Mortgage Specialist for the Morgan Stanley Home Loans team. As an Associate Mortgage Specialist, you will use your in-depth industry knowledge and experience to provide excellent client experience to our Financial Advisors and their wealth management clients throughout the home loans mortgage origination cycle.
The ideal candidate will be a subject matter expert in jumbo mortgages, complex income and assets and have a high degree of comfort engaging with affluent clients and their advisors. An individual that exhibits high energy, takes ownership and demonstrates a collaborative pro-active approach is critical for this role.
Position can be based: (a) in our Dallas, TX office or (b) Tempe, AZ office.
Position Responsibilities
Serve as primary point of contact for client interactions, internal and external business partners, including Financial Advisors, their clients, and Private Bankers
Embrace the Morgan Stanley core value of Putting Clients First by listening to client needs; understanding the loan transaction; managing expectations; and providing transparent client/partner communication and timely updates throughout the overall mortgage loan process
Act as the initial escalation point for loans in process; provide alternative solutions and discernment to escalate further when necessary; demonstrate the ability to de-escalate situations as appropriate
Manage and oversee the pipeline to ensure all loans are progressing in accordance with established expectations
Request, review, and validate all loan processing documents such as income, credit, appraisal, insurance and title
Coordinate with various processing, underwriting, credit risk and other internal/external business partners to complete fulfillment and ensure timely closings
Provide comprehensive reviews and recommend solutions/options regarding credit risk of high-net-worth clients (i.e., complex income, asset, and vesting scenarios)
Obtain documents to satisfy conditions for underwriting approval and product/pricing negotiations as necessary
Provide perspective and feedback relative to client experience enhancements and process efficiencies
Qualifications
3-5 years of relevant mortgage experience (Sales and Operations preferred)
Experience in Client Relationship Management roles
Established track record of developing and maintaining Client relationships in a Sales or Operational setting
Proven track record of meeting individual and organizational loan production goals while maintaining a large client base
High school diploma or equivalent required
Wealth Management/Private Banking experience preferred
Eligible for employment with an FDIC-insured institution and able to register with the Nationwide Mortgage Licensing System & Registry (NMLS) as a mortgage loan originator
Skills/Abilities
Extensive knowledge of mortgage products and client service experience
In depth knowledge of the compliance regulations and laws that govern consumer mortgage lending, including fair lending, privacy, RESPA, and TRID
Strong communication skills, both written and verbal, and interpersonal skills required
Self-starter with a strong sense of ownership; ability to manage time, prioritize and plan accordingly
Proficient in the use of a variety of systems for accurate reporting and tracking; including MS Office (Word, EXCEL, Outlook, PowerPoint)
Achieve high levels of Client and Financial Advisor satisfaction
Proactively manage loan escalations as needed to ensure a timely resolution while providing an enhanced client experienceEffectively manage a pipeline that includes Core (Apply Now