Mortgage Loan Officer III

Metro City Bank • Los Angeles, CA

13d

About The Position

ESSENTIAL DUTIES AND RESPONSIBILITIES: Marketing and originating mortgage loans Managing mortgage loan processor and junior loan officer’s tasks Reporting compliance and ensure MCB follows the regulatory requirements Meeting and reporting to upper management on the financial performance by analyzing and recommending any changes to current procedures. Other tasks involving review of mortgage servicing process to ensure property booking of mortgage loan transactions. Compliance with bank policies and procedures and federal and state laws/regulations. Perform all duties in compliance with BSA/AML regulations and requirements. Obtains adequate data for CIP on all borrowers/guarantors on all new loans in accordance with policy. Ensures proper OFAC is performed on all borrower/guarantors before loan proceeds are disbursed. Monitors and reports suspicious activity to the BSA Officer. Other duties as may be assigned.

Responsibilities

• Marketing and originating mortgage loans
• Managing mortgage loan processor and junior loan officer’s tasks
• Reporting compliance and ensure MCB follows the regulatory requirements
• Meeting and reporting to upper management on the financial performance by analyzing and recommending any changes to current procedures.
• Tasks involving review of mortgage servicing process to ensure property booking of mortgage loan transactions.
• Compliance with bank policies and procedures and federal and state laws/regulations.
• Perform all duties in compliance with BSA/AML regulations and requirements.
• Obtains adequate data for CIP on all borrowers/guarantors on all new loans in accordance with policy.
• Ensures proper OFAC is performed on all borrower/guarantors before loan proceeds are disbursed.
• Monitors and reports suspicious activity to the BSA Officer.
• Other duties as may be assigned.

What This Job Offers

• Career Level: Mid Level
• Education Level: No Education Listed