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Mortgage Business Development Specialist

2 months ago


El Monte, California, United States East West Bank Full time

{"Overview": "At East West Bank, we are seeking a highly skilled Mortgage Business Development Officer to join our team. This role is responsible for funding, operations, and new product development functions of the department. The successful candidate will conduct ongoing analysis of workflow and service processes with an emphasis on mortgage loan products.", "Responsibilities": "The Mortgage Business Development Officer will be responsible for community outreach and economic development activities, acting as a business development/referral source in moderately complex target market areas. They will establish and maintain relationships with community organizations, such as activist groups, community agencies, non-profits, and minority groups, while also reaching out to all aspects of community outreach to assess community credit needs and the bank's effectiveness in meeting those needs. The officer will identify, develop, and maintain a quality network of business relationships that serves as a recurring source of referrals for new mortgage lending opportunities. This network may consist of real estate professionals, builders, professional and personal contacts, as well as other valuable referral sources, and is enhanced by the officer's regular participation in business-related development opportunities and community efforts to promote homeownership and professional organizations. The officer will also respond to customer inquiries and referrals generated from both their own contacts and from other East West Bank business channels. They will interview prospective borrowers to analyze financial and credit data, determine customer financing objectives, advise customers of product/pricing policies and guidelines, and gather any additional required information.", "Qualifications": "The ideal candidate will have a proven track record in mortgage loan origination experience, knowledge of regulatory requirements, and a commitment to professional ethics. They will also have knowledge of processing, underwriting, and mortgage lending regulations, strong written and verbal communications skills, teamwork and customer service skills, and the ability to organize, prioritize, and perform multiple tasks simultaneously. A Bachelor's Degree is preferred, and existing SAFE Act registration/MLO License and bilingual in Spanish are also preferred.", "Compensation": "The base pay range for this position is USD $67,000.00/Yr. - USD $75,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location. East West Bank is an Equal Opportunity Employer and provides reasonable accommodations for disability in accordance with applicable law.", "Language": "en-US"}