REPORTING STRUCTURE: The Executive Director reports directly to the President of the Colorado Mortgage Lenders Association, and serves at the direction of the Board of Directors.
KEY RELATIONSHIPS: The Colorado Mortgage Lenders Association is governed by two boards, the Board of Governors and the Board of Directors. The Board of Governors vests authority to hire an Executive Director in the Board of Directors.
BOARD OF GOVERNORS (BOG): The Association is governed by the Board of Governors, which is responsible for long-range strategic planning, managing the Audit & Finance and Legislative & Regulatory Affairs Committees, and general oversight of the Association. Officers are elected annually by the BOG, which includes the Chair, Vice-Chair, and Secretary-Treasurer.
BOARD OF DIRECTORS (BOD): The Board of Directors is appointed by the Board of Governors, and is responsible for the implementation of the activities of the Association including education, membership, and networking. Officers are appointed by the BOG and consist of the President, First Vice President, and Second Vice President.
EXECUTIVE COMMITTEE: The Executive Committee consists of the Chair, Vice-Chair, and Secretary-Treasurer of the BOG, along with the President and First Vice President of the BOD. The Executive Director and General Counsel are non-voting members.
COMMITTEE, CHAPTER, AND PROGRAM CHAIRS: The Board of Directors appoints members to chair various committees and programs including Membership, Education, and Networking. The Board also appoints members to act as Chairs of the Northern, Southern, and Western Chapters of CMLA.
CMLA STAFF MEMBERS: The CMLA staff reports directly to the Executive Director of the Association. Current staff positions include the Membership Manager and CHC Grant Admin and the Marketing and Communications Manager. CMLA also contracts with a Lobbyist who supports our legislative efforts, and with an IT Management Consultant, who provides IT support.
JOB FUNCTION: The Executive Director is responsible to execute the vision and strategy of the organization with focus on Membership, Advocacy, Revenue/Budget management, Marketing & Communications, as well as Administrative and HR functions.
The Executive Director is responsible for growing the membership base by recruiting new members and retaining existing members, as well as increasing the revenue of the Association through fundraising and business development efforts. The Executive Director is also responsible for Committee oversight and participation in coordinating the planning and execution of the Association’s educational programs, networking events, and legislative and regulatory outreach, in addition to performing other duties and responsibilities, as determined by the President and Board of Directors.
DUTIES AND RESPONSIBILITIES: Within the limits of the bylaws of the Association and the policies and directives established by the Board of Directors and Board of Governors, the Executive Director is responsible for the duties and responsibilities as set forth below:
MEMBERSHIP RECRUITMENT AND RETENTION: Participate, provide direction and oversight to the Membership Manager to assist them to develop, implement, and annually update a Membership Plan to incorporate new ideas and improvements. Support the CMLA President, Board of Directors, and Membership/Ambassador Committee Chairs by executing on their membership objectives and strategies.
Maintain a comprehensive database of prospective members and update monthly
Meet with prospective members to discuss the benefits of joining CMLA
Conduct annual visits to the top twenty-five lender members
Develop promotional materials to support the membership committee
Work with the membership committee to support their efforts and maximize their effectiveness
Contact expiring members to discuss renewing with CMLA
Coordinate Billing and Collection of Membership Dues
BUSINESS DEVELOPMENT: Create and execute a Business Development Plan designed to maximize participation and increase revenue. Once it is in place, review and update the plan annually to assure maximum effectiveness.
Coordinate sales and marketing activities in order to maximize attendance at CMLA events
Contact member firms and outside vendors to sell sponsorships for CMLA events
Contact affiliate members and outside vendors to sell exhibitor spaces for the Expo and Convention
Cross-sell member involvement in CMLA programs including the Mortgage Lending Forums, Mortgage Leadership Program, and Certified Mortgage Lender Program
EVENT PLANNING: Oversee the Event Planning Process in order to accomplish the Association’s mission of providing relevant educational programing and networking events. Assist the Chapters and the contract Event Manager in the negotiation of facility, audio/visual, and food/beverage contracts. Create and manage event budgets in an effort to maximize revenue and control expenses. Recruit and direct volunteers to assist with events. Current events include:
Rocky Mountain Mortgage Lenders Expo***
Annual Convention in Vail***
***Third Party contract Event Manager hired by association to assist
MARKETING AND COMMUNICATIONS: Participate, provide direction and oversight to the Marketing and Communications Manager to assist them to develop, implement and annually update a Marketing and Communications Strategy designed to support Membership Recruitment and Retention, maximize attendance at CMLA events, and increase revenue for the Association. Oversee the creation of effective promotional materials
Develop persuasive promotional campaigns to maximize attendance at CMLA events
Create high-impact Exhibitor/Sponsorship Packets for Convention and Expo
Direct the Development and Maintenance of CMLA Websites
Create Materials to Promote Involvement in CMLA Programs
ADMINISTRATIVE DUTIES: The Executive Director shall work with the President, Executive Committee, Board of Directors, and Board of Governors, to keep them informed as to the condition and operations of the Association.
Assist the President of the Board of Directors and the Chairman of the Board of Governors in preparing for the monthly BOD meetings and quarterly BOG meetings, including scheduling a time and location, publishing the agenda, and the printing materials needed for each meeting. The Executive Director is responsible for attending all Board meetings and keeping accurate minutes from each meeting.
Support the Legislative & Regulatory Affairs Committee (LARAC) Chair and assist with political action committee fundraising efforts. Responsibilities include staying current on legislative and regulatory issues affecting the mortgage industry, communicating important legislative issues to the CMLA membership, attending LARAC meetings, and developing and maintaining relationships with Legislators and Regulators.
Support Committees, Program & Chapter Chairs by executing strategies and managing activities. Assist with coordinating the Mortgage Lending Forums, Mortgage Leadership Program, Certified Mortgage Lender Program, Educational Outreach (Internship, Scholarship, etc.) and Ambassador
Support and promote the Colorado Housing Coalition, a separate non-profit arm of CMLA that provides mortgage assistance to homeowners experiencing a temporary disruption in income to avoid delinquent mortgage payments and ultimately resume self-sufficiency.
Maintain CMLA as one of the premier mortgage trade associations by creating relationships with State and National MBA counterparts, developing and maintaining relationships with outside trade associations, and acting as the spokesperson for the Association to the media and general public.
Assist the President and Boards in identifying and vetting new Board members, Committee Chairs, and Committee members.
Assist the President and Board of Directors in identifying and selecting CMLA’s annual awards recipients.
GENERAL OFFICE MANAGEMENT: The Executive Director shall oversee the day-to-day business operations of the Association. General office management duties shall include:
Manage the human resource function of the Association including the hiring and discharging of office personnel, supervising staff, monitoring performance, and establishing compensation, subject to approval of President and Finance Committee.
Execute contracts, agreements, and commitments on behalf of the Association, in accordance with CMLA’s By-Laws, and subject to budgetary approval and direction from the President, Executive Committee, Board of Directors, and Board of Governors.
Manage the day-to-day finances of the Association including payroll, cash deposits, accounts payable, and accounts receivable.
Assist with the preparation of the annual budget, and manage the revenue and expenses of the Association within that budget.
Assist the Association’s CPA and Bookkeeper in providing an accurate accounting of the financial condition of the Association, including balance sheet, monthly and YTD profit & loss statement, general ledger, actual to budget variance report, bank account reconciliation, and AP/AR aging.
Prepare and submit timely and accurate reports, as required by governmental agencies, including but not limited to Political Action Committee (PAC) reports, payroll tax reports, and other local, state, and federal reporting requirements.
Oversee the implementation and management of technology designed to improve efficiency and accomplish the mission of CMLA.
Recommend opportunities to expand the programs and offerings of the Association that would increase the benefits of membership in CMLA.
Minimum four year bachelors degree or commensurate experience.
The Colorado Mortgage Lenders Association (CMLA) was founded in 1956 as the representative voice of mortgage lending in Colorado. We are classified as a 501(c) 6 Not-for-Profit Trade Association.
Since CMLA's inception, our members have accounted for the vast majority of the mortgage lending in Colorado. Members include residential and commercial mortgage banking companies, individual mortgage loan originators, mortgage brokers, wholesale lenders, savings & loan associations, commercial banks, credit unions, government agencies, non-profit organizations and companies that provide affiliated services to mortgage lenders.
The Colorado Mortgage Lenders Association is an organization committed to responsible homeownership achieved through the practice of integrity-based lending. We serve our community through effective education, principled representation, and gracious networking to advance free enterprise and the highest ethical standards in the mortgage lending industry.
CMLA is governed by two boards, the Board of Governors and the Board of Directors. The role of the Board of Governors is to provide long-term strategic decision-making and ...to oversee and ensure the fiscal health of the Association. Members of the Board of Governors are expected to devote their time, influence and resources to advance the strategic mission of the Association. The Board of Directors is appointed by the Board of Governors and is responsible for the implementation of the activities of the Association, including its education, membership and networking functions.
In 1996, CMLA incorporated the Southern Colorado Mortgage Lenders Association and Northern Colorado Mortgage Lenders Association into a chapter system that covers all regions of Colorado. CMLA currently maintains a statewide presence with active participation throughout the Denver metro area as well as the Northern, Southern and Western regions (chapters) of the state.
The Colorado Mortgage Lenders Association has been the "Go-To" organization for the mortgage lending industry in Colorado since 1956. We are committed to a standard of excellence in supporting our industry, members and the general public. We do this by providing valuable programs, services and events designed to support Education, Representation and Networking.
To have educational programs that foster excellence among participants in the mortgage lending industry.
To be an advocate helping consumers make informed decisions to facilitate a positive borrowing experience.
To be proactive in promoting the interest of our membership to the legislature, government agencies, the general public, media and affiliated associations.
To be effective in analyzing the details and communicating the impact of relevant issues, regulation and events to our members and affiliated parties.
To provide functions and events for the industry to come together and encourage fellowship, healthy competition, the sharing of ideas and the creation of opportunity.
To be generous as a professional community helping those in need.