What are the responsibilities and job description for the Loan Officer position at KBW Financial Staffing & Recruiting?
Location: Worcester, MA – onsite to start then hybrid
Position: Loan Officer
Temp/Perm: Perm
Comp: Commission only, Candidates make .09% commission per loan, average loan at the firm is $450K.
Must Haves
KBW789
Position: Loan Officer
Temp/Perm: Perm
Comp: Commission only, Candidates make .09% commission per loan, average loan at the firm is $450K.
Must Haves
- Bachelor’s degree
- Prior experience in banking
- Prior experience as a Loan Officer
- Bilingual
- Build and maintain relationships with prospective and existing clients.
- Educate borrowers on available loan products and financing options.
- Collect, review, and organize financial documents required for loan applications.
- Assist customers through the loan origination process from application to closing.
- Communicate regularly with borrowers, processors, underwriters, and other stakeholders.
- Analyze basic financial information, credit reports, and income documentation.
- Ensure loan files meet company policies and regulatory requirements.
- Follow up on leads generated through marketing, referrals, and company partnerships.
- Maintain accurate records within the company’s CRM and loan origination systems.
- Participate in training programs and professional development opportunities.
KBW789
Salary : $450,000