There are important qualities you look for in an employer meaningful work, community engagement, competitive benefits, commitment to employee development, and so many more. At Bankers Trust, our team members experience an inclusive and community-focused culture and we're proud of the premier workplace we've created. We regularly receive best in class results through our biennial employee engagement survey. We're also proud to receive recognition from others, including our designation as a "Best Place for Working Parents®," being a four-time recipient of the Greater Des Moines Partnership's Inclusion Award, and being named one of the "Best Businesses Supporting Local Charity" by readers of the Business Record.
This position will be hired as a Mortgage Loan Originator (MLO) Level II or III depending on experience.
Job Summary:
The Mortgage Loan Originator originates mortgage loans for both our in-house portfolio & secondary market, as well as cross sells other bank products. The MLO actively solicits new residential mortgage business and sells Bankers Trust products to meet established loan quality and production goals.
Primary Functions and/or Responsibilities:
Business Development:Maintains professional presence with centers of influence and members of referral communities, i.e. realtors, builders, non-profit housing organizations, attorneys, appraisers, and bank colleaguesMaintains and monitors pipeline reports to ensure volume and quality are consistent with the Bank's goals and objectives, policies and proceduresDevelops leads on potential loan sources for business development and loan solicitation purposesStays abreast of trends and developments in the local real estate market and competitive environment, as well as changes in rules and regulationsProduction Requirements & Cross Selling:Responsible for cross-promotion of all Bankers Trust products and services (including, but not limited to, Retail Banking products)Maintains minimum production for mortgage loan originations in accordance with Smart GoalsPromotes and delivers quality internal and external customer serviceObtains, verifies and completes required information and documentation necessary for compliance and processing of loan applicationsCollaboration with Team Members:Collaborates with colleagues to assure excellence in products and servicesMonitors overall customer interaction and interfaces with all parties involved on each individual loan from application to closing. This includes, but is not limited to, credit counseling to and pre-qualifying potential home buyersObtains applications and then partners with processors to ensure complete and compliant loan packagesMarketing:Assists in formalizing and implementing sales strategies and marketing approachesResponsible for expanding referral networks through marketing and prospecting activitiesPerforms other duties as assigned
Education and/or Experience:
Mortgage Loan Originator IICollege Degree preferred or high school diploma/GED with equivalent experienceAt least four years of previous mortgage lending experience preferredPrevious book of business over the past three years requiredActive NMLS in good standing without previous actions on recordMortgage Loan Originator IIICollege Degree preferred or high school diploma/GED with equivalent experienceAt least six years of previous mortgage lending experience requiredPrevious book of business over the past three years requiredActive NMLS in good standing without previous regulatory actions on record is required
Specific Skills, Knowledge & Abilities:
Knowledge of FNMA, FHLMC, FHA, VA, Rural Development and jumbo guidelines and general underwriting policies and guidelines for all investors and agenciesKnowledge of all Federal and State mortgage regulations, including but not limited to, HMDA, TRID, Reg B, Reg C, Reg Z, and RESPA
Benefits
Group Health, Dental, and Vision InsuranceGenerous Paid Time Off (PTO)Volunteer Time Off (VTO)401(k) plan with lucrative company matchTuition assistanceCompany Paid Life InsurancePaid Parental LeaveLifestyle Accounts that provide employees with reimbursement for the things that are most important to them such as childcare, student loan payments, gym memberships, pet insurance and much more.Team Member Banking - a suite of products and services with special benefits for employees
Hybrid Eligibility: Position may be eligible for a hybrid work schedule (requiring some days in the office each week).
EQUAL OPPORTUNITY EMPLOYER
"PROTECTED VETERANS" AND "INDIVIDUAL WITH DISABILITY"
PI284064331
Job ID: 83406124
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Median Salary
Net Salary per month
$3,627
Cost of Living Index
69/100
69
Median Apartment Rent in City Center
(1-3 Bedroom)
$1,235
-
$1,744
$1,490
Safety Index
57/100
57
Utilities
Basic
(Electricity, heating, cooling, water, garbage for 915 sq ft apartment)
$137
-
$219
$145
High-Speed Internet
$50
-
$100
$69
Transportation
Gasoline
(1 gallon)
$2.91
Taxi Ride
(1 mile)
$2.00
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