Loan Officer Jobs

About The Position

Requirements

• Bachelor’s Degree in Business Administration, Finance, or related mortgage sales experience.
• 8 to 10 years’ experience as a Mortgage Loan Officer.
• 3 to 5 years’ experience managing mortgage loan sales.
• History of successful mortgage lender recruitment.
• Must be team oriented and customer first driven with a history of managing a team of 5 or more high performing salespeople to successful achievement of goals.
• A full understanding of secondary market underwriting.
• Ability to understand and execute on P&L issues.
• Knowledge of FNMA, FHLMC, FHA/VA/USDA service guidelines.

Nice To Haves

• Previous related experience in a financial institution (local market).
• Previous portfolio lending experience.

Responsibilities

• Recruits, hires, trains, and manages Mortgage Loan Officers to meet their assigned growth plan.
• Manages employees, setting goals and objectives; trains, motivates, mentors and disciplines staff; assesses performance and makes salary recommendations.
• Assigns work to subordinate personnel, providing instruction and answering questions; coordinates the scheduling and completion of work by determining operational priorities and resolving workload problems; reviews work for accuracy and completeness; evaluates work techniques and methods for conformance to established standards.
• Analyzes pertinent financial and credit data and recommends loans for approval or rejection.
• Implements department operating policies and procedures and monitors for compliance.
• Manages the mortgage referral program.
• Partners with and is a referral resource for the Retail Bank and Wealth Management.
• Counsels with and assists in the training and development of all subordinates.
• Receives loan applications from loan officers and reviews documents received to ensure all necessary forms have been completed prior to starting loan packaging procedures.
• Supervises loan origination in assigned region assuring compliance with all related laws and regulations.
• Provides on-the-job training to new employees; explains methods and procedures.
• Establishes and maintains open communication with Operations.
• Actively participates in the local real estate community by attending real estate board sponsored events and functions.
• Conducts presentations at real estate office sales meetings, homebuyer’s seminars, and financing workshops.
• Keeps informed of trends and developments in the local real estate market, as well as changing rules and regulations pertaining to both portfolio and investor mortgages.
• Produces annual mortgage loan volume of $12 million.
• Ensures compliance with South State Bank Code of Conduct and other operating policies and procedures.
• Completes compliance training, adheres to all anti-money laundering guidelines and procedures and all regulatory requirements.
• Accepts and performs other duties as determined to be essential.