Sr. Loan Officer Job Description Template
Our company is looking for a Sr. Loan Officer to join our team.
Responsibilities:
- Stay informed during the processing and analysis of the operation of each client;
- Have knowledge of the credit products, applicable in each case, as well as the rules, regulations and required documentation of the industry;
- Ensure timely treatment and under standards of professional ethics to the clients of the company, to keep it informed during the loan process;
- Evaluate the client’s financial position to determine in a timely manner the appropriate product applicable to their case;
- Coordinate and oversee all aspects of the process of each client, to take corrective actions in a timely manner if required;
- Design strategies to capture new MLOs to the company;
- Participate in sales meetings or events as necessary;
- Provide marketing ideas to the marketing team or company in charge;
- Review loan agreements to ensure they comply with current state and federal regulations;
- Manage and present presentations to potential clients and sources of references;
- Ensure compliance with the goals and budget defined by the company, as well as analyze the actions to be taken in cases of non-compliance;
- Arrange for the use of your license before the NMLS with the company, as well as keep it an active status;
- Hold periodic meetings with the team in charge and set meetings to report the results of their management;
- Support during the processing of operations, before any impediment or delays in responses by the client.
Requirements:
- Demonstrated experience in areas related to the mortgage market and all related aspects;
- Corporate Training;
- Academic training in areas such as finance, credit management, business management or management;
- Ability and experience in the management of credit processing software and Lead Engagements such as EnCompass and Velocify;
- Proficiency in at least two languages (English, Spanish or Portuguese preferably);
- Real Estate License (Not mandatory);
- Mortgage Loan Originator (MLO) active from the State of Florida (NMLS License) which must have been active for the past 5 consecutive years.