CRA Mortgage Banking Officer

4 weeks ago


South Saint Paul, Minnesota, United States Midwest One Bank Full time
About the Role

MidWest One Bank is seeking a highly motivated and experienced CRA Mortgage Banking Officer to join our team. As a key member of our community banking team, you will be responsible for sourcing and originating Community Reinvestment Act (CRA) eligible residential loans for existing customers and prospects within our market and assessment area.

Key Responsibilities
  • Develop and maintain a regular business plan that includes external sales visits and promotion with realtors, builders, affordable housing providers, non-profit community organizations, etc.
  • Originate CRA eligible residential mortgage loans in accordance with the bank's loan policies and procedures.
  • Establish a strong presence for MidWest One Bank in the assigned territory by developing relationships and affiliations with low-and-moderate income housing programs.
  • Host and attend homebuyer education seminars, trade shows, and other financial education events to raise consumer awareness of MidWest One Bank loan products.
  • Encourage bank participation and support of charitable and non-profit service opportunities and outreach opportunities and document these efforts accordingly.
  • Facilitate strong communication with customers and our mortgage operations team to process loan files from application through closing.
  • Actively participate in branch activities to train retail staff and gain mortgage referrals.
  • Participate in regular sales, product, and regulatory trainings as assigned by the bank management.
Perks
  • Competitive base compensation with additional performance-based incentives.
  • Career development and continuous learning opportunities.
  • Paid Time Off, Paid Holidays, Parental/Grandparent Leave, and more.
  • 100% vested 401(k) Retirement Plan with company match.
  • Medical, Dental, and Vision insurance.
  • Flex spending plan & Health savings accounts with employer contribution.
  • Student Loan Debt Reduction Program & Tuition Assistance Plan.
  • Employee Stock Ownership Plan.
  • Employer provided group life insurance with option to purchase additional life insurance for you and your family members.
  • Employer provided long term and short term disability insurance.
  • Additional Insurance options to meet your personal needs: Critical Illness and Accident insurance.
  • Wellness Program.
  • Free banking services and other financial services discounts.
  • Take Your Dog to Work Day in June.
  • Employee Rally Day- a day of celebration and recognition.
Qualifications
  • Bachelor's degree or equivalent combination of post-high school education and related work experience.
  • Knowledge of loan origination software, Encompass.
  • Experience providing loan products to low-and-moderate income and first-time home buyers.
  • Registered and/or approved (if applicable) to sell down payment assistance programs for low-and-moderate income home buyers in their respective state and market area.
  • Community deployment banking experience in the assigned territory.
  • Bi-lingual language abilities are preferred.
About Us

We RISE by lifting others. RISE stands for Retention, Innovation, Support, and Empowerment. Through RISE, we aspire to create and sustain a culture of diversity, equity, inclusion, and belonging at work and in our communities. Our commitment to RISE is reflected in our operating principles, people, and culture. We pledge to continuously learn, so we can understand and support the differences of individuals, embrace each other's strengths, and provide opportunities for all of us to work toward and achieve our full potential.


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