Mortgage Loan Officer II

First Bank & Trust • Sioux Falls, SD

1d

About The Position

This person originates and manages larger and, in some cases, more complex mortgage loans that meet established lending requirements and criteria, providing maximum profitability to the bank with a minimum of risk. The role involves soliciting and interviewing mortgage loan customers, assessing creditworthiness, supporting loan collections, keeping current on industry developments, and providing customer service. The position also assists other banks and department staff with mortgage lending activities and follows bank policies and compliance procedures.

Requirements

• Bachelor’s degree.
• At least four years of progressively advanced experience in bank lending or equivalent experience.
• Suitable communication skills.
• Aptitude for detail.

Responsibilities

• Seek, identify, and solicit potential mortgage loan customers to enhance a sales culture within the Mortgage Lending Department while maximizing profitability and minimizing risk to the bank.
• Interview mortgage loan applicants to gather information needed for credit decisions under Loan Policies and Guidelines, industry standards, and consumer compliance regulations.
• Determine applicants’ creditworthiness by analyzing credit information and appraisals, referring to lending authority as required by Loan Policies and Guidelines and industry standards.
• Help ensure complete collection of mortgage loans by monitoring past-due reports and assisting the Mortgage Loan Servicing Department with collection efforts, using legal means as required by Loan Policies and Guidelines.
• Remain current on industry products and developments to support the bank’s competitive advantage.
• Provide ongoing customer service to support customer retention and cross-selling of other bank products and services.
• Assist correspondent banks, affiliates, and other FBT banks with originating and closing mortgage loans.
• Attend loan meetings as deemed appropriate or directed by the Mortgage Lending Department Manager and participate in decisions affecting ongoing and future loan operations.
• Provide guidance and assistance to other Mortgage Department Staff.
• Act in accordance with FBT policies and procedures set forth in the employee handbook.
• Adhere to compliance procedures and participate in required compliance training.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level