Mortgage Banker

Commerce Bank

8d•$49,000 - $49,000•Hybrid

About The Position

The main purpose of this job is to originate home loans. The primary focus will be to drive new sales within our available lending territory. Growth will likely include managing current client base; as well as a plan of action to increase market share by building relationships with referral partners.

Requirements

Basic knowledge of banking and lending products
Basic credit risk analysis and loan origination skills
Ability to focus on customer’s needs, both internal and external, to develop and sustain productive customer relationships ensuring the opportunity to increase products per household
Develop and maintain collaborative relationships to facilitate and achieve corporate results
Ability to achieve an exceptional level of technical and professional skills/knowledge in job-related areas; keeping abreast of current developments and trends in area of expertise
Ability to take prompt and proactive actions to accomplish objectives
Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities
Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills
Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
Associates degree in business management/finance or equivalent combination of education and experience required.
For this position, federal regulations require Commerce Bank to prepare an investigatory consumer report which will disclose credit history. If you express interest in and are considered for this position, you will be asked to authorize that report.

Nice To Haves

Bachelor’s degree preferred.
1+ year lending experience preferred

Responsibilities

Manage production pipeline and documentation collection while coordinating with fulfillment team to ensure an efficient flow.
Communicate between borrowers and referral partners.
Analyze applicants’ financial status, creditworthiness, and property evaluation to determine eligibility and feasibility of granting home loans
Provide financing options and customize solutions by conducting a deep dive analysis of the application, credit profile, financials, etc. and ensuring options offered fit within the guidelines of the lending/sellers guide(s) by product type (FHA/VA, Conv, HELOC).
Follow the ASK LISTEN SOLVE process of discovery and proposing options.
Pre-underwrite file to obtain and analyze documentation, in a timely fashion, regarding employment, credit, income, assets and collateral.
Verify documentation meets CMC/Investor/Agency Standards prior to submission to our operations partners.
Adhere to CBI Code of ethics, Do not Call Regulations, Privacy and Opt-Out procedures, HMDA data collection, Suspicious Activity procedures, Adverse Action requirements, Equal Credit Opportunity Act (ECOA), Fair Housing Act (FHA), Commerce’s pricing policies, and all Fair Lending policies and procedures
Manage and deliver best in class client care to an active loan pipeline of up to 20 loans in a pre-funded status
Manage and deliver best in class client care to an active lead pipeline of up to 150 clients utilizing lead management data base and all of its capabilities
Timely communicate updates and requests to clients in accordance with current Service Level Agreements (SLA’s) and compliance industry regulations. This includes but is not limited to standard policy-required applicant correspondence regarding needed file documentation, looming deadlines, general milestone communication points and decisions.
Maintain continual, consistent, and open communication with all appropriate parties to the transaction in accordance with current Service Level Agreements (SLAs) to ensure a timely closing that exceeds the client’s expectations.
Consistently document lead management system and loan origination system with client communications/expectations, timelines, next steps, action items, owners of the actions, loan condition needs
When called upon, provide customer / conversion feedback to leadership team, marketing team, secondary marketing team and technology team
Perform other duties as assigned