PLEASE SEE THE COMPANY’S FOLLOWING JOB DESCRIPTION / Qualified Applicants should contact our office ASAP:

Job Description:  Residential Loan Officer                  Department:  Lending

Reports To:  SVP – Residential/Consumer Lending                FLSA Status:  Exempt

BASIC FUNCTION:  Responsible for the production and solicitation of new lending relationships, focusing primarily on residential first mortgage loans; although all types of new lending relationships are encouraged.

ESSENTIAL DUTIES:

1. Call on business contacts such as realtors, attorneys, accountants, financial planners and builders to develop relationships to assist their clients with financing needs.
2. Call on potential customers to develop new business and increase and retain existing business.
3. Attend to the needs of customers seeking loans by interviewing the applicants, typically at their place of business or at their home, to assist in the completion of their applications.
4. Counsel customers and prospects to determine the financing product to best suit their needs.
5. Assist in the preparation of the annual budget, manage expenditures and report any budget variances on a regular basis.
6. Prepare weekly call report to keep management abreast of contacts and production activities.
7. Monitor the overall progress of applications in process and assist to obtain documentation requested by the processor.
8. Assist the processor in follow up on commitment conditions to expedite the loan closing.
9. Maintain current knowledge and understanding of regulations, industry trends, current practices, new developments and applicable laws regarding all phases of residential lending.
10. Recommend enhancements to and/or development of loan programs which will improve the Bank’s profitability and competitiveness.
11. Report observations of the marketplace within the bank’s mortgage lending market with respect to pricing, available products and demand.
12. Assist in developing short and long-term strategies regarding personal lending goals and objectives.
13. Treat people with respect; keep commitments; inspire the trust of others; work ethically and with integrity; uphold Bank values; accept responsibility for own actions.
14. Demonstrate knowledge of and adherence to EEO policy; show respect and sensitivity for cultural differences; educate others on the value of diversity; promote working environment free of harassment of any type; build a diverse workforce and support affirmative action.
15. Follow all policies and procedures set forth by the Bank.
16. Performs other duties as assigned.

KNOWLEDGE, SKILLS AND ABILITIES:

1. Ability to make decisions with sound and accurate judgment
2. Strong interpersonal and organizational skills
3. Analytical and problem resolution skills
4. Excellent oral and written communication skills
5. Proficient in MS Office
6. Knowledgeable with respect to FHLMC and Company lending guidelines
7. Dependability
8. Ability to maintain constructive working relationships with people at all levels of the organization
9. Valid Driver’s License without violations

EDUCATION, TRAINING AND EXPERIENCE:

3. Associate’s Degree plus 5 years experience in lending sales required. Bachelor’s Degree preferred.
4. Continuing education at various programs and seminars to expand departmental knowledge.
5. Continuous on-the-job training with respect to policies, procedures and various Regulations.