Start a career with First National Bank Alaska, the *Best Place to Work in Alaska* as recognized 10 years in a row by Alaska Business magazine readers.
Now Hiring a Mortgage Loan Originator!
Job/salary offer would be commensurate with experience.
The schedule is Monday-Friday and occasional evenings/weekends.
GENERAL PURPOSE SUMMARY
Supports the mortgage loan origination and processing functions to gain thorough understanding of investor loan programs, applicable guidelines and regulations; acquires training to become proficient in loan origination and processing activities and assists senior mortgage loan originators with marketing efforts and building relationships with clients and centers of influence (COIs) by performing the following essential duties and responsibilities:
ESSENTIAL DUTIES AND RESPONSIBILITIES
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Communicates with prospective borrowers and mortgage loan originators to gather information in support of mortgage loan applications; analyzes complex financial documentation to verify and calculate income following established guidelines and parameters.
- Inputs loan information into loan origination software, orders and reviews credit reports and Desktop Underwriter (DU) findings; identifies areas of concern, irregularities, or variances from program guidelines.
- Orders and tracks preliminary title reports, appraisals, proof of hazard insurance and other pertinent documentation; reviews the documentation to identify deficiencies and/or inconsistencies of information and resolves the issues by consulting with mortgage loan originators and/or supervisor.
- Engages in mortgage sales program by assisting mortgage loan originators with creating prospect lists and marketing strategies; tracks lead referrals and maintains past client database; attends and contributes to onsite and offsite sales presentations.
- Prepares initial loan disclosures in accordance with regulatory requirements and prepares complete loan file for processing.
- Assists mortgage loan originators and processors with gathering documentation and other information for the satisfaction of loan approval conditions; acts as a primary contact for borrowers, COIs (real estate agents, builders, financial professionals), and affiliates (title/escrow representatives, insurance agents) in both customer service and loan origination matters; assists with marketing efforts for events and campaigns.
- Acquires subject matter expertise with respect to investor underwriting and compliance guidelines.
- Performs other work-related duties as assigned by supervisor.
- Stay up to date on relevant laws and regulations and complete all compliance training on time.
- Knowledgeable of and comply with bank policies, procedures, laws, and regulations that apply to you and your job.
- Maintain customer confidence and protect the bank’s operations by identifying and protecting confidential information.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
EDUCATION and/or EXPERIENCE:
Minimum:
Three years’ banking, mortgage, real estate, business or related experience of which eighteen months are sales and relationship building experience; or equivalent combination of education/training and experience with at least eighteen months of sales and relationship building experience.
Preferred:
Bachelor’s degree in business or related field; knowledge of various mortgage loan programs.
OTHER SKILLS and ABILITIES:
Required skills and abilities include: ability to deliver excellent customer service, identify customer needs and concerns, follow through, be self-directed and self-motivated, think and act independently, think critically, manage time effectively and prioritize. Ability to keyboard 35 wpm, operate a 10-key calculator, use spreadsheet and word processing software required.
LANGUAGE SKILLS:
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, customers, and the general public. Ability to provide a thorough explanation of documents required for processing a mortgage loan.
MATHEMATICAL SKILLS:
Ability to calculate figures and amounts such as charges, payoffs, discounts, interest, and percentages. Ability to apply concepts of basic algebra and geometry.
REASONING SKILLS:
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving variable in standardized situations.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
While performing the duties of this job, the employee is regularly required to talk and hear. The employee is frequently required to stand; walk; sit; use hands to finger, handle, or feel objects, tools, or controls; reach with hands and arms. The employee is occasionally required to stoop, kneel, crouch, or crawl.
The employee must occasionally lift and/or move up to 25 pounds. Specific vision ability required by this job includes close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.
WORKING CONDITIONS
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.
The noise level in the work environment is usually moderate.