Universal Banker – Minneapolis

First Independence Bank (FIB); Chicago (IL); On-site; USD 60,000 - 110,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

401(k)

Paid time off

Job summary

A leading financial institution in Chicago seeks a Mortgage Loan Officer to assist clients in the origination of residential mortgage loans. This role involves developing relationships with realtors and builders to drive referrals, adhering to regulatory guidelines, and achieving sales goals while ensuring high customer satisfaction. Candidates should have a high school diploma, strong negotiation skills, and prior experience in the financial services sector. Competitive compensation and benefits are offered.

Qualifications

• High School Diploma or equivalent GED is required.
• 1 – 3 years related experience, preferably in bank or financial services.
• Ability to negotiate and close loans effectively.

Responsibilities

• Develop relationships with Realtors and Builders for referrals.
• Originate loans as per CFPB guidelines.
• Close an average of 3 loans per month.
• Handle customer privacy with the highest level of diligence.
• Follow instructions from the Loan Manager and support the branch and company objectives.

Skills

Excellent negotiation

Strong closing skills

Communication

Customer service

Education

High School Diploma or equivalent

Bachelor’s Degree in Business Administration, Finance or related field

Job description

Job Title:Mortgage Loan Officer Department:Mortgage Division

Reports To:Dir of Mortgage Lending Operations FLSA Status:Exempt

SUMMARY:

The Mortgage Loan Officer (MLO) assists clients with the origination of residential mortgage loans, including providing analysis and advice to current and prospective clients on home lending solutions that meet their needs and financial objectives. The MLO develops referrals as a means to grow the bank’s home lending business and client base. The MLO is expected to meet or exceed established sales goals while maintaining high standards of client satisfaction and loan quality.

RESPONSIBILITIES:

• Develops relationships with Realtors, Builders and Affinity partners to routinely be referred qualified candidates for a residential mortgage.
• Originate loans in strict accordance with CFPB guidelines.
• Follow all applicable state, national and regulatory rules, and laws.
• Close an average of 3 loans per month, which will be routinely evaluated or
• Close a minimum of $1 million in loan volume monthly.
• Handle customer privacy with the highest level of diligence.
• Follow the instructions as presented by their Loan Manager and work for the benefit of the company and the branch, in addition to their own personal production.
• Performs all other duties assigned based on business needs.

REQUIREMENTS:

• High School Diploma or equivalent GED. A Bachelor’s Degree, in Business Administration, Finance, Accounting or related field preferred.
• 1 – 3 years related experience.Previous bank/financial services industry experience a plus.
• Excellent negotiator who possesses strong closing skills
• An intelligent and articulate individual who can relate to people at all levels of an organization and possesses excellent communication and customer service skills.

First Independence Bank offers competitive compensation and benefits which include: health, dental, vision, life, and disability insurances. Also, 401(k) and paid time off.

May assume additional responsibilities and/or requirements as business objectives impose.

You can email your resume [e-mail]