Enterprise Lending Officer - Newport Beach

Bank of America • Newport Beach, CA

1d • $65,000 - $73,000

About The Position

Responsibilities: Provides exceptional client care by providing advice-oriented solutions with Consumer Lending and Core Banking products. Identifies opportunities through conversations with clients to recommend the bank's products through partner referrals as part of one team that delivers exceptional client care. Connects with clients through outreach and pipeline management activities and conducts consistent follow-up routines to meet client needs. Maintains a quality network of business relationships that serve as a recurring source of referrals for new mortgage lending opportunities. Engages in community development, outside sales activities, and external networking to responsibly grow client and market share. Understands lending processes and credit guidelines to best develop solutions for each client's needs. Manages daily client and loan pipelines with astute organization, follow up, and high degree of collaboration with loan fulfillment partners. Leverages digital solutions, providing clients with a choice in preferred service pathways. Maintains and adheres to all federal and state regulations and bank operational requirements, delivering compliant client advice conversations and fulfilling financial goals. Skills: Business Development Client Management Customer and Client Focus Prospecting Risk Management Account Management Client Solutions Advisory Credit and Risk Assessment Pipeline Management Referral Identification Attention to Detail Credit Documentation Requirements Issue Management Networking Relationship Building Required Skills and Experience • Has 3+ years of experience in a loan origination role with a focus on generating self-sourced purchase business through a verifiable, established network of referral sources • Demonstrated understanding of effectively managing a pipeline in order to deliver an exceptional client experience • Has a strong knowledge of loan products Conventional, Jumbo and Government. • Demonstrated ability to understand, analyze, and document income, assets and liabilities properly in order to qualify clients for specific loan products • Demonstrated understanding of processing, underwriting and/or closing procedures • Has a working knowledge of federal regulations governing real estate lending • Ability to source clients independently and not rely on enterprise referrals with demonstrated success in generating business from external Centers of Influence real estate professionals, builders, and other external referral partners in a compliant manner as well as within bank policy. • An ability to work independently • Is a strong communicator, both written and verbal • Is self-motivated and highly organized • Can prioritize multiple competing tasks • Uses appropriate interpersonal styles, communication methods and approaches to gain clients and keep them informed during the loan process • Demonstrated understanding of the connection of the level of service provided being directly correlated to driving sales volume • Can be flexible to work weekends and or extended hours as needed to serve clients Desired Skills and Experience • Familiarity with FHA and HUD guidelines • Strong computer skills including MS applications and previous experience utilizing laptop technology for communication purposes including accessing rate, credit and loan status information • Solid time management skills and the ability to organize, prioritize and perform multiple tasks simultaneously • The ability to analyze and comprehend complex financial data and provide financial alternatives • Professional and effective interpersonal skills • An ability to take ownership, accountability and can demonstrate integrity • Adaptability and can demonstrate flexibility • A positive attitude • Effective communication styles The following laws or regulations restrict or prohibit the hiring of individuals with certain specified criminal history for the position Credit Solutions Advisor II: FDIC, Safe Act/Loan Originators Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent Shift: 1st shift (United States of America) Hours Per Week: 40 Pay Transparency details US - CA - Newport Beach - 520 Newport Center Dr - Newport Beach 520 Ncd (CA6814) Pay and benefits information Pay range $65,000.00 - $73,000.00 annualized salary, offers to be determined based on experience, education and skill set. Formulaic incentive eligible This role is eligible to participate in a formulaic incentive plan. Employees are eligible for incentives as detailed by the specific line of business incentive plan provisions. Formulaic plans may be comprised of monthly, quarterly and/or annual incentive opportunities. Incentives are earned based on the employee’s performance against defined metrics. Benefits This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve. Privacy Statement: https://careers.bankofamerica.com/en-us/privacy-notice At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us! Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates. Opportunity and Inclusion Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success. Our Values Learn about our four values that represent what we believe. Pay Transparency: https://careers.bankofamerica.com/en-us/pay-transparency

Requirements

• Has 3+ years of experience in a loan origination role with a focus on generating self-sourced purchase business through a verifiable, established network of referral sources
• Demonstrated understanding of effectively managing a pipeline in order to deliver an exceptional client experience
• Has a strong knowledge of loan products Conventional, Jumbo and Government.
• Demonstrated ability to understand, analyze, and document income, assets and liabilities properly in order to qualify clients for specific loan products
• Demonstrated understanding of processing, underwriting and/or closing procedures
• Has a working knowledge of federal regulations governing real estate lending
• Ability to source clients independently and not rely on enterprise referrals with demonstrated success in generating business from external Centers of Influence real estate professionals, builders, and other external referral partners in a compliant manner as well as within bank policy.
• An ability to work independently
• Is a strong communicator, both written and verbal
• Is self-motivated and highly organized
• Can prioritize multiple competing tasks
• Uses appropriate interpersonal styles, communication methods and approaches to gain clients and keep them informed during the loan process
• Demonstrated understanding of the connection of the level of service provided being directly correlated to driving sales volume
• Can be flexible to work weekends and or extended hours as needed to serve clients

Nice To Haves

• Familiarity with FHA and HUD guidelines
• Strong computer skills including MS applications and previous experience utilizing laptop technology for communication purposes including accessing rate, credit and loan status information
• Solid time management skills and the ability to organize, prioritize and perform multiple tasks simultaneously
• The ability to analyze and comprehend complex financial data and provide financial alternatives
• Professional and effective interpersonal skills
• An ability to take ownership, accountability and can demonstrate integrity
• Adaptability and can demonstrate flexibility
• A positive attitude
• Effective communication styles

Responsibilities

• Provides exceptional client care by providing advice-oriented solutions with Consumer Lending and Core Banking products.
• Identifies opportunities through conversations with clients to recommend the bank's products through partner referrals as part of one team that delivers exceptional client care.
• Connects with clients through outreach and pipeline management activities and conducts consistent follow-up routines to meet client needs.
• Maintains a quality network of business relationships that serve as a recurring source of referrals for new mortgage lending opportunities.
• Engages in community development, outside sales activities, and external networking to responsibly grow client and market share.
• Understands lending processes and credit guidelines to best develop solutions for each client's needs.
• Manages daily client and loan pipelines with astute organization, follow up, and high degree of collaboration with loan fulfillment partners.
• Leverages digital solutions, providing clients with a choice in preferred service pathways.
• Maintains and adheres to all federal and state regulations and bank operational requirements, delivering compliant client advice conversations and fulfilling financial goals.

Benefits

• This role is currently benefits eligible.
• We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED
• Number of Employees: 5,001-10,000 employees