What are the responsibilities and job description for the Loan Originator position at First Federal Bank?
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.