Vice President/Mortgage Loan Officer
Company: GreenState Credit Union
Location: Naperville
Posted on: May 4, 2024
Job Description:
GreenState Credit UnionVice President/Mortgage Loan
OfficerUS-IL-NapervilleJob ID: 2024-3579Type: Exempt Full-Time# of
Openings: 5Category: Mortgage LendingGreenState Credit
UnionOverviewPOSITION SUMMARY:Creates, collects, analyzes,
exercises judgment and advises members on mortgage loan options.
Proactively seeks new business and builds pipeline. Maintains
organization of portfolio and meets necessary and regulatory
deadlines. As this position is 100% commission, significant time
calling on prospective members and referral sources is
essential.GREENSTATE CULTURE:At GreenState, we exist to create
lasting value for those we serve. We do this by putting immense
value into our employees, members and communities. We empower our
employees to create endless opportunities, which will then impact
the lives of our members and enhance the vitality of our
communities.The ideal candidate for this position will reside in
the state of Illinois.ResponsibilitiesESSENTIAL DUTIES AND
RESPONSIBILITIES:Performs essential duties and responsibilities in
the following areas which may include, but are not limited to those
listed and are subject to change.
- Adheres to the Credit Unions core values and Service Standards
in carrying out GreenStates mission and vision.
- Demonstrates a positive member service (internal and external)
focus at all times, greeting members and guests with a smile and
eye contact immediately upon their arrival, using their name or
acknowledging them, and thanking them for their business.
- Demonstrates teamwork in all interactions with coworkers and in
the completion of all duties and responsibilities.
- Ensures confidentiality of member information.
- Supports a diverse and inclusive work environment.
- Plays a vital role in enriching the community by participating
in community service organizations and/or Credit Union sponsored
events on an annual basis.
- Explains the mortgage loan application process and products to
the membership. Services by phone or in person the need for answers
to inquiries pertaining to mortgage rates, mortgage programs,
payments, daily rates, points, etc.
- Conducts mortgage loan application interviews assisting
applicants in the completion of application.
- Gathers all required applicant information, including
collecting, analyzing and advising members on best options to
assure proper processing.
- Reviews applications, exercises judgment and renders loan
decision for pre-approval/denial.
- Works with Underwriters in meeting their guidelines and
obtaining loan approval.
- Is responsible for ensuring that all necessary documentation is
in the loan files, including regulatory compliance items.
- With this position, it is customary to make regular outside
sales calls to both prospective members and referral sources.
Building relationships with realtors, builders are others that
interact with the financial industry is crucial to ensure the
ability to hit specific production targets. This may include such
things as office calls, lunches or evening receptions as a way to
generate future loan prospects. Most of such calls will take place
outside of the employee's place of business many of which may
extend outside normal work hours.
- Works with mortgage processing department when necessary to
ensure final documentation is received by the investors in a timely
manner.
- Assists to ensure that the various federal reporting documents
are delivered in a timely manner, to include the borrowers 1098,
sellers 1099, interest reported to the IRS, and the HMDA
report.
- Assists in any necessary training and development needed within
the GreenState Mortgage Loan department.
- Adheres to all state, federal and credit union regulations,
policies and guidelines.
- Coaches, trains, and mentors Mortgage Loan Sales
Associates.QualificationsJOB REQUIREMENTS:
- High school diploma or equivalent (i.e., GED.) with five years
of previous mortgage experience.
- Knowledge of procedures, forms, secondary market guidelines and
regulations as they relate to mortgage lending.
- Knowledge and procedures of Real Estate purchasing and
refinancing.
- Ability, availability, and willingness to work flexible hours
to accomplish workload. During periods of peak demand and at other
times, job will require a non-traditional workweek with extra hours
including evening and/or weekend duties.
- Ability and willingness to network in the community. This is
essential to build potential member base as well as referral
sources for future business.
- Ability to prioritize assignments and organize work
efficiently, to handle large volumes of details.
- Interpersonal skills to represent the credit union in a
positive way during member contact.
- Excellent figure aptitude.
- Accuracy and attention to detail required.
- Ability to operate related computer applications.
- Ability and desire to call on the Realtors and make sales
marketing presentations.
- Ability to deal tactfully and efficiently with members and
co-workers on a professional level.
- Must be bondable.
- Must be registered pursuant to requirements of the S.A.F.E.
Act.Reporting RelationshipReports to the Senior Vice
President/Mortgage LendingSupervisory ResponsibilitiesThis position
is not responsible for the supervision of other employees but as
the mentor to the Mortgage Loan Associate they will have feedback
on monthly coaching sessions with their supervisors as well as
input into their annual review.Equal Opportunity Employment
StatementGreenState Credit Union is an EEO/AA Employer.
M/F/Veteran/Disability. We strongly encourage minorities, veterans,
and individuals with disabilities to apply for openings with the
credit union. ID #LIPIb56ff1b33cb0-31181-33532717
Keywords: GreenState Credit Union, Carol Stream , Vice President/Mortgage Loan Officer, Executive , Naperville, Illinois
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