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Residential Lending Senior Loan Officer
2 months ago
We are seeking a highly skilled and experienced Residential Lending Senior Loan Officer to join our team at Banterra Bank. As a key member of our mortgage banking team, you will be responsible for soliciting, negotiating, and gathering documents to prepare mortgage loans and HELOCs for underwriting in compliance with federal guidelines and our lending policies and procedures.
Key Responsibilities- Business Development: Self-source and generate mortgage loans through established referral partners and banking partnerships.
- Client Engagement: Gather financial information from clients, including income, assets, debts, and credit history, and evaluate creditworthiness and eligibility for mortgage loans.
- Loan Origination: Interview clients to understand their needs and goals, explain the different types of mortgage loans available, and recommend the best options for each client.
- Loan Processing: Prepare and submit mortgage loan applications in accordance with standards, work with processing and underwriting departments to secure loan approvals, and manage the closing process to ensure all documents are completed and signed.
- Relationship Building: Build relationships with clients and referral partners, including realtors, builders, financial, and industry professionals, and participate in branch activities to train retail staff and gain mortgage referrals.
- Compliance and Training: Participate in regular sales, product, and regulatory training as assigned by bank management, stay up to date on the latest mortgage lending regulations and trends, and comply with applicable laws and regulations as well as our written policies and procedures.
- Education: Bachelor's degree in finance/accounting or related field preferred.
- Experience: Three years' mortgage banking experience in the assigned territory.
- Skills: Strong business development and sales skills, strong organizational skills and attention to detail, strong customer service orientation and ability to manage customer relationships, professional demeanor with excellent communication, interpersonal skills, and conflict resolution skills.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The employee must have the ability to lift and carry 25 pounds for a distance of 50 feet.