Enterprise Lending Officer - Newport Beach

Bank of America•Newport Beach, CA

21h•Onsite

About The Position

This job is responsible for providing Consumer Lending advice to new-to-bank clients and external business development. Key responsibilities include applying mortgage lending principles and familiarity of Realtor, Builder, and Community contacts local to the market. Job expectations include having successful track-records of delivering lending services to clients by demonstrating an understanding of credit, lending guidelines, and the mortgage process. This position may be responsible for the provision of residential mortgage loans, and as such, is subject to SAFE Act registration requirements. Pursuant to the SAFE Act requirements, all employees engaged in residential mortgage loan originations must register with the federal registry system and remain in good standing. Since this position requires SAFE Act registration, employees are required to register and to submit to the required SAFE Act background check. Failure to obtain and/or maintain SAFE Act registration may result in disciplinary action up to and including termination.

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
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