Mortgage Loan Originator

Central Bank; Osage Beach (MO); Hybrid; USD 50,000 - 70,000; Full time

Job summary

Central Bank is looking for a motivated Mortgage Loan Officer to develop and manage credit relationships with clients seeking residential real estate loans. You will build relationships with realtors and evaluate financial conditions to make lending decisions. The ideal candidate should have strong sales skills and be knowledgeable in compliance and loan policies. This position offers flexibility to work from various Central Bank locations in Missouri and emphasizes teamwork and professional development.

Qualifications

• Strong understanding of the lending process and financial assessments is required.
• Must possess excellent sales and customer service skills.
• Ability to work independently and as part of a team.

Responsibilities

• Solicit and develop credit relationships with clients for real estate loans.
• Manage and oversee a mortgage loan portfolio.
• Evaluate loan applications and make lending decisions within guidelines.
• Participate in sales training programs to enhance sales skills.
• Ensure compliance with banking regulations and policies.

Skills

Sales development

Client relationship management

Credit evaluation

Regulatory compliance knowledge

Education

Relevant degree or experience in finance

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.