Mortgage Loan Originator - New Jersey

The Mortgage Loan Originator is responsible for the origination of mortgage/consumer loan applications to increase portfolio and meet monthly production goals, while ensuring compliance with lending rules and regulations.   The MLO will actively promote new mortgage and consumer loan business development for Ion Bank in New Jersey. Develop professional relationship with area realtors and builders to promote new loan business.

Essential Functions - may include, but are not limited to:

• employee is required to attend work
• ensure company service standards are continually achieved in area of responsibility
• originate consumer loans and mortgages
• meet monthly productions goals established by management
• interviews consumer/residential loan applicants, compiles and analyzes data for loan/mortgage applications and requests specified information
• recommends and outlines terms of loan, informs prospective borrowers of loan commitments
• actively develops new customer prospects and business for the bank through realtor, attorney, and builder account sales
• handles inquiries from applicants and branch personnel, effectively
• resolves customer complaints
• valid drivers license required
• ensure activities within assigned functional area of responsibility are in line with Bank policy
• required to register with the Nationwide Mortgage Licensing System and Registry (NMLS) and maintain a unique identifying number.

Other Functions

• notifies applicant of loan decision in a timely manner
• participate in banking and civic organizations to promote the Bank's image and visibility within the Community
• perform other duties as requested

*The above is a description of the ordinary duties of the position.  It should be expected that from time to time other duties, both related and unrelated to the above, may be assigned and, therefore, required.

Education and Experience

Bachelor's degree in business or finance preferred.  Familiarity with mortgage products, underwriting, terminology and Freddie Mac and CHFA guidelines. Two to four years lending and sales experience, or some comparable combination of education and experience.

Other Qualifications

• knowledge of Bank policies and procedures
• ability to compute rate, ratio, discount, interest, profit and loss, commission, percentages, and apply basic arithmetic and mathematics to help resolve problem solving situations
• ability to accept responsibility for the leadership, direction, control, planning, organizing, directing, supervising, formulating practices, or making final decisions
• ability to influence people in their opinions, attitudes, or judgments about ideas or things; to motivate, convince, or negotiate
• ability to identify task requirements and monitor progress toward accomplishment
• ability to perform under stress when confronted with emergency, critical, or unusual situations
• ability to perform a variety of duties, often changing from one task to another of a different nature without loss of efficiency or composure
• ability to exchange information with others clearly and concisely; to present ideas, facts, and technical information
• ability to maintain relationships that facilitate task accomplishment; to cooperate and resolve conflicts; to recognize needs and be sensitive to others
• ability to receive guidance and supervision; follow work rules, work procedures, meet deadlines, punctuality and attendance standards, etc.

Consider this description the foundation of your job, not its boundaries.  Expect to participate in training sessions and activities not described here which enhance the quality of service to the customer.