Loan Officer Assistant

Primis Bank•Corpus Christi, TX

1d•Hybrid

About The Position

The Loan Officer Assistant works directly alongside licensed loan officers to help maximize productivity. They will support the Loan Officers during the loan origination process and perform daily administrative duties in an accurate and organized manner. This role is responsible for ensuring borrowers fully understand the financial implications and responsibilities involved in taking out a loan and make sure they complete their applications correctly. Key functions include assisting with the loan application process, initial client in-take, loan operating system set up, documentation gathering, electronically sorting and filing documents, income calculating, loan structuring, credit analysis and pre-underwriting, ordering employment verifications and appraisal reports, and running automated underwriting engines. The position also involves reviewing and preparing documents for clients in a timely manner, documentation follow-up and tracking, and managing day-to-day branch operations such as scheduling, training, and administration of policies/procedures. Regular, reliable, and predictable attendance is required.

Requirements

High school diploma or equivalent required
A minimum of 3 years’ experience as a Loan Officer or similar role
Basic knowledge of loan programs
Ability to credit qualify borrowers
Ability to work with diverse base of contacts (Loan Officers, clients, agents, lenders, title companies, etc.)
Professional and effective verbal and written communications
High degree of detail orientation
Strong organizational skills
Ability to work independently with minimal supervision
Proficient with MS Office

Nice To Haves

Previous experience in retail residential mortgage loan originations preferred

Responsibilities

Assist Loan Officers with the loan application process.
Initial client in-take, loan operating system set up, documentation gathering, electronically sort and file documents, income calculating, loan structuring, credit analysis and pre-underwriting, order employment verifications, order appraisal reports, run automated underwriting engines.
Review and prepare documents for clients in a timely manner.
Documentation follow up and tracking (contacting borrowers, title companies, real estate offices, appraisers, lenders, etc.).
Manages day-to-day branch operations for example: scheduling, training, and administration of policies/procedures.
Comply with industry-related regulations, requirements, and state/federal laws as applicable to the job duties of this position.
Oversee distribution of marketing materials in branch.
Maintain social media marketing for their assigned branch.
Maintain promotional materials inventory.
Maintain and update knowledge on all products and programs.
Check that applicants have correctly completed their paperwork and obtain missing information from applicants if necessary.
Follow up on credit checks and prepare cost estimates for borrowers.
Communicate with new applicants and existing clients regarding loan opportunities.
Perform data entry and other office duties as needed.
Manage pipeline with processing team to ensure timely closings.
Maintains appropriate stock of office supplies for assigned branch.
Maintain compliance with and adhere to all state and federal regulations and Bank policies and procedures, including, but not limited to Bank Secrecy Act, SAR, CTR, FACT ACT, Community Reinvestment Act, EEO, and fair employment practices.
All other duties as assigned.