Regional Mortgage Loan Officer (NE)

Cathay Bank•Monterey Park, CA

4d•Hybrid

About The Position

As a "subject matter expert", this role will provide training, guidance, and encouragement to less experienced bankers/MLOs in a designated region of branches. Following established policies and department procedures, the position is responsible for loan production and processing to support fee income growth and provide the highest level of expertise and client service. The role involves working with branches and clients to provide excellent client service, assessing mortgage needs of clients, and offering various beneficial Cathay Bank mortgage products. The primary responsibility is supporting the SCA Region 3/4 branches whenever a need for a mortgage loan is required.

Requirements

Minimum 3 years mortgage lending and banking experience with good knowledge of lending regulations and loan processing in a multi-state lending environment.
Organized and detail oriented.
Able to develop working knowledge of Bank’s credit policies and approval process for assigned loans.
Ability to work effectively in a fast paced, high production environment.
Strong organizing and problem-solving skills.
Strong written and verbal communication skills.
Must be able to adapt well to a fast paced and constantly changing business environment.
PC proficient at the intermediate level.
Demonstrated ability to work in a team-oriented environment.
Demonstrated ability to provide good client service.
Must possess an active registration or be eligible for registration under the Nationwide Mortgage Licensing System & Registry (NMLS) within 90 days of hire.

Nice To Haves

Associates Degree preferred.
Bilingual is a plus.

Responsibilities

Travel to assigned Branches and assist clients who are interested in residential mortgages.
Provide expertise and address questions, resolve problems, and identify ways to meet the client’s financial needs.
Assist clients to complete loan applications.
Gather information and process each file from initial approval to closing in a timely manner.
Act as a liaison between branches, underwriter, closing agents and other related parties.
Follow up with clients and related parties on outstanding loan conditions, provide assistance to resolve processing problems.
Ensure the timely and accurate processing of all loans.
Submit accurate information that constitutes a complete loan application as required by regulations.
Input correct loan information into the system for processing.
Ensure that all loan documentation is complete, accurate, verified and complies with Bank policy.
Maintain pipeline report and notify management of status as needed.
Assist branch personnel in cross-selling other bank products and services, to ensure an outstanding client experience for existing and prospective clients.
Assist branches to organize and conduct mortgage seminars as needed.
Participate with real estate affiliated organizations to help promote the bank and the banks products.
Must be knowledgeable with all bank products with a proven track record in loan closings.
Network with Real Estate Agents for referrals.
If schedule permits, maybe be asked to travel to other regions, in state and out of state to assist in mortgage origination and training.