NewRez Logo

NewRez

Wholesale Account Executive

Reposted 8 Days Ago
Be an Early Applicant
In-Office or Remote
3 Locations
30K-150K Annually
Mid level
In-Office or Remote
3 Locations
30K-150K Annually
Mid level
The Wholesale Account Executive manages broker relationships, markets mortgage products, and collaborates with teams to ensure effective service delivery.
The summary above was generated by AI
Who We Are

At Newrez, we bring big thinkers and caring doers together to make home happen. We’re a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other. We believe that when our people thrive, homeowners thrive - and that’s why we invest in your growth, wellbeing, and ability to make an impact.

Every day, we work to exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and clear communication. We do this by empowering our employees, encouraging innovative solutions and recognizing great performance.

Job Description

The Wholesale Account Executive is responsible for markets wholesale and correspondent products and services to prospective brokers/bankers.  In addition, the Wholesale Account Executive manages established broker relations including broker approvals, education, customer service and quality management regarding process, product and technology.

Principal Duties

  • Formulate and establish funding projections/goals in conjunction with Wholesale leadership to align with Wholesale and Correspondent loan production, quality, and volume targets.
  • Performs initial contact to prospect new mortgage brokers/bankers and coordinate broker approval process.
  • Collaborates with Wholesale leadership and Corporate business partners to develop/implement marketing strategies within assigned territory/account list.
  • Conducts large group presentations at broker offices to promote Company Value Proposition and present our process, product and technology platforms.
  • Serves as subject matter expert on Company policies, procedures, products and technology.
  • Collaborates with loan operations team to manage active pipeline.
  • Escalates second reviews to appropriate Operations/Underwriting leadership.
  • Establishes communication protocol with Client Relations Managers to optimize service delivery.
  • Assists clients with lock reconciliation, extensions and exceptions.
  • Ensures that clients understand the Company’s loan processing, underwriting and closing processes.
  • Provides brokers/bankers with information to access current rate sheets and product guidelines.
  • Provides technical training and support to clients with regard to Company technology platform.
  • Performs related duties as assigned by management.

Education and Experience Requirements  

  • Bachelor's degree with major coursework in a related discipline; Equivalent job/education experience will be considered.
  • 4+ years of experience in sales and/or real estate.
  • 2+ years of mortgage sales, including Government and Conventional products, i.e.: FHA, VA, FNMA, and FHLMC and related guidelines.

Knowledge, Skill, and Ability Requirements  

  • Knowledge of local real estate market.
  • Working knowledge of investor guidelines, underwriting policies and loan products.
  • Excellent verbal and written communication skills.

A good faith estimate of the compensation is:

$30,000.00-$150,000.00

The compensation range reflects a broad set of factors, including a candidate's background, experience, and work location, while also allowing room for growth within the role.

Additional Compensation:

The individual in this position will be eligible for a bonus based on individual and company performance, variable or annual.

A good faith estimate of the compensation is:

15,080.00 - 60,000.00

Compensation for this position may also include other elements, including medical, financial, various paid time off benefits, and a bonus based on individual and company performance, variable or annual.


Placement within the range will be based on a variety of factors, including but not limited to, skills, experience, qualifications, location, etc.

Additional Information:

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator. Employment will be contingent on this requirement.

Why Newrez

We’re a great place to work because we invest in what matters: your career, your community, your wellbeing, and your future. Our total rewards package is designed to support your whole self.

Company Benefits:

We offer benefits, programs, and perks that support you in every aspect of your life.

  • Medical, dental, and vision insurance

  • Health Savings Account with employer contribution

  • 401(k) Retirement plan with employer match

  • Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave

  • Adoption Assistance

  • Tuition & Certification reimbursement

  • Employee Mortgage Loan Program

  • The Newrez Employee Emergency and Disaster Fund is a program to support our team members experiencing hardships

Newrez NOW:

Through Newrez NOW, our Corporate Social Responsibility program, you’ll have opportunities to give back, lead, and make a difference.

  • 1 company-paid Volunteer Time Off day (with over 40,000 volunteer hours contributed since our inception)

  • Matching Gifts Program - dollar-for-dollar up to $1,000

  • Access to grants, nonprofit resources, and volunteer opportunities

  • More than $6,000,000 donated since 2020

  • 1 in 5 employees participates in at least one Employee Resource Group (ERG)

Equal Employment Opportunity

We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

CA Privacy Policy

CA Notice at Collection

Similar Jobs

18 Days Ago
Remote
USA
5-5 Annually
Senior level
5-5 Annually
Senior level
Analytics • Financial Services
The Account Executive will develop lending relationships, manage accounts, conduct sales calls, and provide training and support to clients.
5 Hours Ago
Remote or Hybrid
United States
115K-175K Annually
Senior level
115K-175K Annually
Senior level
Cloud • Insurance • Payments • Software • Business Intelligence • App development • Big Data Analytics
Lead and manage an engineering team to deliver AI-based services, providing technical guidance, coaching, and ensuring quality and delivery goals.
Top Skills: Ai EngineeringCloud Native ArchitectureConfluenceDevOpsJIRAScrum
7 Hours Ago
In-Office or Remote
United States
65K-70K Annually
Junior
65K-70K Annually
Junior
Big Data • Information Technology • Software • Analytics • Energy
The Associate Consultant will drive customer success, manage mineral portfolios, improve business processes, and provide product training, acting with general direction.
Top Skills: Business ProcessesData AnalysisDrillinginfoEnergylinkMineralsoftMiqPrism

What you need to know about the NYC Tech Scene

As the undisputed financial capital of the world, New York City is an epicenter of startup funding activity. The city has a thriving fintech scene and is a major player in verticals ranging from AI to biotech, cybersecurity and digital media. It also has universities like NYU, Columbia and Cornell Tech attracting students and researchers from across the globe, providing the ecosystem with a constant influx of world-class talent. And its East Coast location and three international airports make it a perfect spot for European companies establishing a foothold in the United States.

Key Facts About NYC Tech

  • Number of Tech Workers: 549,200; 6% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: Capgemini, Bloomberg, IBM, Spotify
  • Key Industries: Artificial intelligence, Fintech
  • Funding Landscape: $25.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Greycroft, Thrive Capital, Union Square Ventures, FirstMark Capital, Tiger Global Management, Tribeca Venture Partners, Insight Partners, Two Sigma Ventures
  • Research Centers and Universities: Columbia University, New York University, Fordham University, CUNY, AI Now Institute, Flatiron Institute, C.N. Yang Institute for Theoretical Physics, NASA Space Radiation Laboratory

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account