Loan Originator

Position:                            Mortgage Loan Originator

Department:                      Emigrant Mortgage

Reports To:                       First Vice President, Regional Manager

Employment Status:         Full-Time, Exempt

Office Location:                Broward / West Palm Beach, Florida

Job Summary:

Emigrant Bank is looking for an experienced and highly motived mortgage sales professional with portfolio lending experience. The candidate will be able to offer unique and creative residential and commercial mortgage products. The candidate in this position will seek account mortgage loans to be made by Emigrant in connection with purchase and refinancing of existing one-to-four family dwellings, condominium units and cooperative apartments, as well as eligible multi-use and commercial properties, and SBA loans if requested to do so. This position also oversees other types of proposed loans or financing as may be authorized in writing from time to time by an Officer of Emigrant. This position offers a competitive base salary, commission paid on a monthly basis, and an annual discretionary bonus. A full benefits package is offered including 401K, medical, dental, and monthly expenses.

Major Responsibilities and Duties:

• Responsible for meeting the Area or Region’s assigned volume goals as established by Senior Management
• Recommending new accounts for participation in the Broker Direct Program and manage existing accounts to ensure adequate volume level
• Providing oversight of the office(s) and your Area or Region’s effectiveness including if assigned, any Administrative Support function
• Reviewing pipeline reports weekly and communicating with Processing to ensure that loans are processed in a timely manner or are removed, if inactive
• Performing public relations duties on behalf of EM such as representing EM at local events and trade associations
• Providing current wholesale/retail mortgage industry intelligence to Senior Management regarding handling of new regulatory matters, new trends in loan products and programs, as well as any other pertinent information from the markets Emigrant serves
• To perform other duties as assigned by EM Senior Management

Qualifications:

• Minimum 4 year college degree
• 3 years of proven mortgage sales success
• Both residential and commercial mortgage sales experience in wholesale and retail originations preferred
• Execute tasks with accuracy and attention to detail
• Strong IT and written skills
• Self-starter, able to work and interact at multiple levels of the organization
• Ability to make decisions after appropriate evaluation and consultation
• Ability to adapt to an innovative business environment

The job description outlined above is considered a core list of job duties/requirements.  This document should not be considered a complete or comprehensive list.  The incumbent assigned to this position is required to perform the duties listed above.  The incumbent is also expected to adapt to changes and/or additions as needed.  Nothing contained within this document is intended or shall be construed to create or constitute a contract of employment between any employee or group of employees and Emigrant Bank and its Subsidiaries.  Emigrant Savings Bank and its Subsidiaries retain and reserve any and all rights to change, modify, amend, add to or delete from any section of this document as it deems, in its judgment, to be proper. Emigrant Savings Bank and its subsidiaries and affiliates are Equal Opportunity and Affirmative Action employers.