Job Description:

POSITION CHARACTERISTICS:
This position is responsible for the solicitation and development of credit relationship with mortgage brokers, real estate brokers, and real estate investors for commercial real estate loans.

DUTIES AND RESPONSIBILITIES:

• Knowledge and compliance of the bank’s multifamily/commercial real estate loan programs, bank’s multifamily/commercial real estate loan policies, and procedures.
• Soliciting multifamily/commercial real estate loans for the bank from present customers, other investors, real estate brokers and other real estate loan referral sources.
• Complying with the bank’s policies, federal regulations and laws, and state laws.
• Requesting and collecting all needed loan documentation and fees.
• Assist Loan Processor in assembling loan application packages in compliance with bank standards.
• Open escrow, see that the title report has been ordered, and arrange for access to the property by the appraiser and environmental assessor.
• Prepare narrative loan approval request.
• Review client’s loan applications to ensure accuracy and compliance with established criteria, determine eligibility and analyze the customer’s repayment ability
• Acting as the first line of communication between the broker, borrower and processor.
• Having the primary duty to see that contingencies are met before funding.
• Participating in In-House training programs.
• Prepare and send out letters of interest after initial analysis and pricing is approved by management.

SKILLS, KNOWLEDGE AND ATRIBUTES REQUIRED:

• Ability to research and analyze financial statements.
• Complete knowledge of all bank products, sales and service techniques.
• Ability to use various interpersonal styles and communication methods, depending on customer and situation, to gain their acceptance of a product or service.
• Ability to work on multiple projects simultaneously, managing time and resources to ensure work is completed efficiently and within established timeframes.
• Computer literate; fluency in Microsoft Office programs, Excel analysis required
• Effective sales ability and persuasiveness.
• Effective oral and written communication skills
• Ability to establish and maintain effective work relationships and contacts with professional and business organizations and develop teamwork with co-workers on other related units.
• Strong problem-solving, negotiation & follow-up skills

ACADEMIC BACKGROUND AND EXPERIENCE:
Bachelor’s Degree in Business or related field combined with a minimum 4 years of related work experience.

We are proud to be an EEO/AA employer M/F/D/V. We maintain a drug-free workplace and perform pre-employment substance abuse testing.

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Tags: loan officer job, Loan Processor Jobs, mortage, mortgage jobs