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MLO/Wholesale Account Executive (Chicago)
$48k-65k (estimate)
Full Time | Banking 4 Months Ago
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Royal Business Bank is Hiring a MLO/Wholesale Account Executive (Chicago) Near Chicago, IL

OB SUMMARY

Responsible for business development from retail clients (bank branches /real estate companies) and mortgage brokers. The MLO & Wholesale Account Executive will be responsible for residential loan production in the state of Illinois / wholesale and retail lending.

DUTIES

  • Responsible for business development from retail clients (bank branches/real estate companies and other sources) and mortgage brokers (Wholesale Lending) to generate new mortgage loans.
  • Respond to customer inquiries and referrals that are generated from own contacts and from other business channels.
  • Conduct interviews with prospective borrowers in order to analyze financial and credit data, determine customer financing objectives, advice customers of product/pricing policies and guidelines, and gather any additional required information.
  • Provide complete loan applications to processing personnel.
  • Ensure exceptional customer service by overseeing loan process from origination to close and providing on-going communication to customers and business partners.
  • Coordinate and review loan documentation for loan closing.
  • Assist manager in implementing business plan and marketing strategy to achieve the Bank’s financial objectives and CRA goals.
  • Cross sell other bank products and services.
  • Provides leadership, training and support to less experienced staff members in the department.
  • Perform other duties as assigned.

QUALIFICATIONS

  • EDUCATION: College degree preferred.
  • EXPERIENCE: Minimum 3 years of experience in originating mortgage loans with a track record of business development.

SKILLS/ABILITIES

  • Extensive knowledge of mortgage loan and government lending guidelines
  • strong business development skills
  • PC proficient in Word and Excel and Encompass
  • Excellent verbal and written communication skills
  • Bilingual in Mandarin may be preferred.

$2,000 base salary/month plus commission

WHY WORK FOR US?

Since opening our first branch in Los Angeles in 2008, Royal Business Bank (RBB) has grown rapidly by adding branches in Southern California, Nevada, New York, New Jersey, Chicago, and Hawaii. We offer a comprehensive and innovative suite of banking services for individuals and businesses. We have great benefits that include, but not limited to:

  • Medical insurance
  • Vision insurance
  • Dental insurance
  • 401(k)
  • Disability insurance

*

Job Type: Full-time

Pay: From $2,000.00 per month

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Flexible spending account
  • Health insurance
  • Life insurance
  • Paid time off
  • Referral program
  • Vision insurance

Compensation package:

  • Commission pay

Payment frequency:

  • Paid semi-monthly

Schedule:

  • 8 hour shift
  • Weekends as needed

Work setting:

  • In-person
  • Office

Application Question(s):

  • How many years of sales/Mortgage Loan experience?
  • Will you now, or in the future, require sponsorship for employment visa status (e.g. H-1B visa status)?

Education:

  • Bachelor's (Required)

Language:

  • Chinese (Required)

Work Location: In person

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$48k-65k (estimate)

POST DATE

01/25/2024

EXPIRATION DATE

05/21/2024

WEBSITE

royalbusinessbankusa.com

HEADQUARTERS

TORRANCE, CA

SIZE

200 - 500

FOUNDED

2008

CEO

VINCENT LIU

REVENUE

$50M - $200M

INDUSTRY

Banking

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About Royal Business Bank

At Royal Business Bank, our well-qualified bankers and lenders serve the needs of clients engaged in commerce including international trade. With significant business banking experience in the Los Angeles market, our client management team is enhanced by a highly respected local board of directors who are well-known in the Chinese-American business community.

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