Mortgage Banker

Minnwest Bank; Eagan (MN); On-site; USD 15,000 - 35,000; Full time

Benefits offered by this job

Medical Insurance

401(k) with Employer Match

Paid Holidays

Job summary

Minnwest Bank is seeking a full-time Mortgage Loan Originator/Mortgage Banker in Minnesota to evaluate clients' financial situations and recommend appropriate mortgage products. The role requires handling a high-volume client load, strong communication, and teamwork, with exposure to various loan types and regulatory compliance.

The position emphasizes building realtor relationships, maintaining production goals, and contributing to profitability through interest spreads and fees.

Qualifications

• 4-year college degree or equivalent experience.
• 2 years of experience in Mortgage banking sales.
• Excellent sales, communication and interpersonal skills.
• Sales and customer focused, goal oriented with analytical ability.
• Knowledge of banking regulations and compliance governing loans and deposits.

Responsibilities

• Maintain personal mortgage production consistent with assigned goals (secondary market, in-house, and construction).
• Perform as the subject matter expert for more complex loan types.
• Contribute to Bank profitability through interest spreads and generation of fee income.
• Promote Minnwest Bank and obtain new business through customer referrals, cross selling and officer call program.
• Develop a working knowledge of all retail, insurance, and business products and services and effectively cross sell to meet total bank objectives.

Skills

Sales

Communication

Interpersonal skills

Education

Bachelor's degree or equivalent experience

4-year college degree or equivalent experience

Job description

About Minnwest:

Minnwest is a family owned, community bank based in Minnesota and South Dakota. We believe our success is measured by the extent in which we have a positive impact on the communities we serve. We are committed to building strong, vibrant communities through our core values:

• The customer is the first priority.
• We will keep all of the commitments we make.
• We are the people who get things done.
• We will work together as a team.

Location(s):

Eagan or Minnetonka branch location

Job Summary:

This is a full-time mortgage lending position within Minnwest Bank. The purpose of the position is to evaluate and analyze the financial situation of current and prospective customers. Provide counseling and recommendations on appropriate mortgage product(s) that best suits the current needs of customers. The Mortgage Loan Originator/Mortgage Banker must be able to multi-task and handle high volume of clients. Ability to work both independently as well as part of a team. Have strong communication skills and a high degree of tact, efficiency, accuracy, and confidentiality to provide a positive image for the bank.

Duties and Responsibilities:

• Maintain personal mortgage production consistent with assigned goals (secondary market, in-house, and construction)
• Perform as the subject matter expert for more complex loan types
• Contribute to Bank profitability through interest spreads and generation of fee income.
• Promote Minnwest Bank and obtain new business through customer referrals, cross selling and officer call program.
• Remain aware of the external rate and economic conditions that impact loan demand, pricing, home values.
• Remain aware of new Mortgage products in the market accelerate information as necessary
• Develop a working knowledge of all retail, insurance, and business products and services and effectively cross sell to meet total bank objectives.
• Cultivate business relations with realtors and builders to seek out other networking opportunities.
• Demonstrate proactive communication and cooperation with staff to identify solutions and effective methods to ensure an excellent customer experience.
• Collaborate with the Marketing Department to effectively market the Mortgage business.
• Completion of all required Compliance and BSA (Bank Secrecy Act) training and comply with all regulations applicable within the scope of this position.
• Compliance with Bank Secrecy Act, OFAC and USA PATRIOT Act including Customer Identification Program, customer due diligence, identifying high risk accounts, reporting suspicious activities to Supervisor or BSA Department.
• Other duties as assigned

Minimum Requirements:

• 4-year college degree or equivalent experience
• 2 years of experience in Mortgage banking sales
• Excellent sales, communication and interpersonal skills
• Sales and customer focused, goal oriented with analytical ability
• Knowledge of banking regulations and compliance governing loans and deposits

Preferred Qualifications:

• Bachelor's degree, business or accounting emphasis
• 5 years' experience in mortgage banking sales

Schedule:

Monday - Friday: 8:00 a.m. - 5:00 p.m.

Workplace Environment:

• Requires face-to-face interaction and coordination of work with other employees and departments, and in-person interaction.
• Working at a computer and utilizing a telephone
• Occasionally lifting up to 50lbs
• May involve traveling for training and meetings

Pay Range:

Base pay $11.13 - $25.25/hour plus commission on loan volume (base plus commission and full commission options available)

Minnwest Benefits:

In addition to salary, Minnwest Bank offers a comprehensive benefits package, including incentive and recognition programs. Minnwest Bank is focused on taking care of our employees and their families, and supporting their health and financial well-being, including:

• Comprehensive Medical, Vision and Dental Insurance
• Retirement savings including 401(k) with Employer Match and Employee Stock Ownership Plan (ESOP)
• Paid Holidays and Competitive Paid Vacation Days
• Paid Parental Leave
• Short- and Long-Term Disability
• Life, Critical Illness, and Accidental Insurance
• Tuition Reimbursement and Career Development Opportunities
• Employee Assistance Program (EAP)
• Paid Time Off to volunteer in your community
• Opportunities to connect with others through our diversity and inclusion focused Employee Resource Group

All benefits are subject to eligibility requirements.

A full background check, including federal, state, county, and civil, and general financial credit check will be conducted on the final candidate for this position. Candidate must pass the background check and financial credit check in order to obtain employment with Minnwest. Failure to meet any of the requirements may result in a rescission of your offer of employment.

EEO:

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.