Mortgage Loan Originator

Central Bank; Lake Ozark (MO); On-site; USD 40,000 - 70,000; Full time

Job summary

Central Bank in Lake Ozark, Missouri seeks a professional to manage residential mortgage loans. This role involves developing relationships with clients, realtors, and builders, evaluating loan applications, and ensuring compliance with banking regulations. The ideal candidate will demonstrate a strong commitment to customer service and sales goals, along with extensive knowledge of the bank's offerings. This position allows for flexibility in working from any Central Bank location.

Qualifications

• Strong skills in developing and managing relationships with potential clients.
• Ability to assess loan applicants' financial conditions.
• Understanding of banking regulations and compliance.

Responsibilities

• Solicit and develop mortgage loan relationships with clients.
• Evaluate and recommend loan terms for applicants.
• Meet sales and referral goals set by management.
• Participate in training and development programs.

Skills

Sales development

Client evaluation

Relationship management

Compliance knowledge

Customer service

Job description

Solicits, develops and manages credit relations with individuals seeking residential real estate loans. Actively develops relationships with realtors, builders, and developers. Makes decisions within prescribed guidelines. Oversees and manages mortgage loan portfolio. Responsible for the origination, profitability and quality of a residential loan portfolio. Operates within established lending authority and guidelines; provides optimum profitability balanced with acceptable risk. Ensures adherence to established bank loan procedures, practices and reporting requirements. Responsible for sales development and referral activities including STEP sales training and activities. Creates a teamwork environment to ensure that quality service is provided and sales/business development goals are met. Conducts relationships and activities consistent with established Bank policies, procedures and systems, the corporate code of conduct, Bank Secrecy Act and all applicable State and Federal laws and regulations.

Essential Duties And Responsibilities

• Actively call on prospective customers and referral contacts.
• Actively develop residential mortgage referrals by developing relationships with realtors, builders, developers and other potential referral sources.
• Interview loan applicants to develop information concerning their needs, desire, abilities and earnings to determine whether a loan may be an acceptable risk.
• Evaluate the financial condition of the client, the value of the proposed collateral, and recommend the terms and conditions of the loan.
• Make decision on loans and terms if within own lending limits.
• Ensures optimum profitability balanced with acceptable risk.
• Responsible for the attainment of loan objectives to include, but not limited to, origination, portfolio management, delinquency, loan losses, fee income, interest income, and return on assets.
• Actively participate in STEP program; attend appropriate sales and STEP training; utilize STEP program initiatives.
• Make referrals to other business units for traditional and non-traditional banking products and services.
• Under the direction of the Mortgage Loan Department Head, establish daily, weekly, monthly, and quarterly business development, sales and referral goals.
• Develop a marketing plan utilizing effective STEP sales techniques that will generate additional new residential mortgage loans. Maintain personal accountability for sales and service standards and for meeting business development, sales and referral goals.
• Identify opportunities to deepen our relationship with customers and referral contacts that have a minimal relationship but offer upside potential and aggressively sell to this customer base.
• Actively call on prospective customers, exploring needs and cross-selling and recommending bank products and services that are in the best interest of the customer and that achieve their financial objectives.
• Ensure thorough knowledge and understanding of compliance and regulatory issues relating to loan policy and procedures (i.e. Bank Secrecy Act, CRA, Fair Lending, etc.) evidenced by appropriate application of these regulations in day-to-day operations.
• Demonstrate the highest level of professionalism, efficiency and customer service when resolving the most difficult customer issues.
• Understand and maintain a thorough knowledge of Central Bank's services, operations, and organization and communicate this understanding to others when appropriate.
• Attend all required training.
• Collect on past due accounts as required including work out situations, and foreclosures.
• Assist others as needed. May be assigned other duties and responsibilities. May be assigned work or training at other assigned locations.

This position can work from any Central Bank of Lake of the Ozarks location.