Greg Grojean

Experience

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  Home State Bank, Crystal Lake, IL

  Jan 1996 - Apr 2024

  Division President (Retired)

  Results-oriented executive level manager with extensive lending and leadership experience. Oversee all aspects of the bank’s residential mortgage division. Direct responsibility for driving top-line revenue, while managing for the maximum return to shareholders. Significant contribution to overall bank earnings. Established risk-tolerance levels, and successfully navigated the bank’s residential mortgage company through complex economic and regulatory challenges. Developed and implemented the company’s business strategy. Entrepreneurial experience in starting several new divisions /companies, including all board, regulatory and legal approvals.Management Responsibilities Include:Origination: - Grew origination platform from a single MLO to over 30 loan originatorsOperations: - Converted fulfillment team from traditional community bank model to industry standard support team - Developed delegated underwriting program, with investor-direct funding optionSecondary Marketing: - Developed and maintained relationships with over 20 different investors and funding sources, providing for the widest range of products and highest level of execution - Developed a pricing model with the goal of maximizing profitability while ensuring the highest possible level of productionCorporate: - Full P & L responsibility - Spun off mortgage division into a separate company. Subsequently merged back into the bank following the implementation of Dodd-Frank Show less