What are the responsibilities and job description for the Mortgage Banker position at WaFd Bank?
Min
USD $60,000.00/Yr.Max
USD $90,000.00/Yr.Job Summary
The Mortgage Banker proactively solicits new consumer mortgage business and originates a high-quality loan for the Bank’s portfolio that meets both compliance standards and established production goals. Compensation will be a salary plus commissions based on funded loans.
Mortgage Bankers reflect the corporate values and ethics of WaFd Bank and exhibits leadership in the following areas: sales effectiveness and a focus on production; marketing WaFd Bank in the broader community; providing a high quality customer experience; building and maintaining productive relationships within WaFd, with new and existing clients, Realtors, builders, brokers and title companies; registering and maintaining active status with the Nationwide Mortgage Licensing System and Registry (NMLSR); and originating mortgage loans within the assigned geographic area. Wafd Bank is proud of the high value that we all place on simply being kind when serving our co-workers and Wafd Bank clients.
Key Functions:
- Originates loans by completing loan applications interviews with prospective clients and discussing loan options to best meet clients’ needs.
- Collects, documents and analyzes financial and related data in order to determine the general credit worthiness of the prospect and the merits of the specific loan request.
- Complies with laws, rules and regulations, avoiding any real or perceived conflicts of interest.
- Applies proper pricing and mitigates risk with additional pricing when appropriate.
- Maintains a portfolio of industry contacts that consistently contribute to the overall monthly production of the Division and meets the expectations set by Management.
- Develops and maintains close working relationship with assigned branches to develop and build deposit relationships with new mortgage clients.
- Refers any commercial, small business, deposit and HELOC business to assigned network of branches or as appropriate within the Bank.
- Performs property inspections as neede
- Other duties deemed necessary in order to deliver products or services in a quality client experience to the prospect, current client, and other Bank colleagues.
- Proactively works with Retail branch colleagues to deepen client relationships and acquire personal deposits and primary transaction accounts to meet specific expectations.
- Share lists of area builders with commercial peers for promotion of the Bank’s All-in-One and spec construction products and may be assigned to originate Small Builder Loans.
- Promote mortgage loans for buyers of the group builder’s spec homes via the Bank’s Builder Special program.
- Proactively seeks new business relationships.
- Maintains current information regarding competitor’s fees, and pricing.
- Uses competitor information to promote the advantages of WaFd Bank products to prospective clients.
Qualifications
Education/Skills/Training:
- Minimum two years college or three years banking or mortgage lending experience.
- Effective business development/client acquisition skills, strong verbal and written communication skills, and a high level of accuracy and attention to detail.
- Must also be able to work effectively with the public, in person, by phone, email or in video conferencing, in a personable, professional manner, and handle pressure in a fast-paced, changing work environment. Individual must be a self starter, experienced with working in a team and individual sales environment, and have a strong track record in achieving sales results.
- Must be self-motivated and production-oriented.
- Computer proficiency with Encompass loan origination platform and Microsoft Office 365 applications (e.g. Teams, Word, Excel, and Outlook) required.
Experience:
- Minimum three years mortgage lending experience required with demonstrated success as a mortgage originator, including a strong understanding/working knowledge of lending terminology, loan processing, loan documentation and lending procedures.
- Financial industry or banking experience preferred.
Benefits
At WaFd Bank you get all of these great benefits!
- Paid time off for vacation, sick days and holidays
- Health insurance
- Stock options
- Bonus programs
- Generous 7% 401(k) employer matching*
- Paid Parental Leave
- Life and AD&D insurance
- Long-term disability
- Tuition Reimbursement
- Employee assistance programs
- Pre-tax health and dependent-care spending plans
WaFd Bank Benefits Summary - Click here for more information
EEO Statement
EEO is The Law - click here for more information
Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled
We are committed to Equal Employment Opportunity and Affirmative Action. We recruit, hire, train and promote persons in all job titles and ensure that all other personnel actions are administered without regard to race, religion, color, national origin, citizenship, sex, sexual orientation, gender identity, age, veteran status, disability, genetic information, or any other protected characteristic. WaFd Bank is committed to providing reasonable accommodations to employees and applicants with disabilities to the full extent required by the Americans with Disabilities Act (ADA). If you feel you need a reasonable accommodation pursuant to the ADA, you are encouraged to contact us at 800.324.9375.
Know Your Rights: Workplace Discrimination is Illegal - click here for more information
Pay Transparency Nondiscrimination Provision - click here for more information
EEO Policy Statement - WaFd Bank
Requisition Post Information* : Posted Date
4/1/2024Salary : $60,000 - $90,000
