What are the responsibilities and job description for the Loan Originator position at First Federal Bank?
First Federal Bank is seeking high achievers to contribute to its mortgage origination team.
SUMMARY
This commission based position is for resilient self-starters who perform well under pressure in a fast paced environment. Critical thinking, problem solving, strong work ethic and oral and written communication skills are required.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned:
- Increase new mortgage business by networking with industry professionals, primarily Realtors, growing relationships within the community and maintaining relationships with previous clients.
- Prepare and submit loan applications by interviewing applicants and reconciling data received by applicants.
- Communicate with applicant during the mortgage process.
- Ensure compliance with all federal, state and bank regulations -Structures loan products to best meet applicant’s needs.
- Have knowledge and understanding of Agency loan products and guidelines, loan origination software and CRM.
- Conduct business with integrity and high moral character.
- Contribute maximum effort to grow relationships with branch team and client base on behalf of the Bank.
- Responsible for complying with the BSA/AML and Red Flags policy.
- Researching any necessary information regarding the BSA/AML and Red Flags policy and if necessary, reporting to senior management and/or the compliance department.
- Required to attend classroom or online BSA/AML and Red Flags training annually.
SUPERVISORY RESPONSIBILITIES
None
EDUCATION and/or EXPERIENCE REQUIRED
High School diploma or equivalent.
EXPERIENCE PREFERENCE:
Established loan originator with 2 years’ experience; sales professional with mortgage or similar industry experience; previous mortgage industry experience.
First Federal Bank is an equal opportunity employer.