Mortgage Banker

Mortgage Banker

Location : US-TX-Dallas

The information below covers the role requirements, expected candidate experience, and accompanying qualifications.

Address : 5420 LBJ Freeway, Dallas, TX

ID : 2024-2851

Category : Retail Banking

Position Type : Full Time

Salary : USD $60,000.00 - $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 exhibit 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.

Key Functions :

• Creates a client-focused and employee-friendly environment that fosters communication and teamwork by providing exemplary service and experience, including managing direct reports to maintain efficient, high-quality performance.
• Originates consumer residential mortgage loans and maintains the integrity of WaFd Bank's interests in all lending activities.
• 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 to determine the general creditworthiness 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 relationships 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 needed.
• 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.
• Builds cross-referral business with Retail, Commercial, and Community Banking group.
• Proactively works with Retail branch colleagues to deepen client relationships and acquire personal deposits and primary transaction accounts to meet specific expectations.
• Shares 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.
• Promotes mortgage loans for buyers of the group builder's spec homes via the Bank's Builder Special program.
• Promotes WaFd Bank within the community.
• Proactively seeks new business relationships.
• Maintains current information regarding competitors' fees and pricing.
• Uses competitor information to promote the advantages of WaFd Bank products to prospective clients.
• Adheres to bank policies and procedures designed to comply with Federal regulations, including but not limited to the Bank Secrecy Act, USA Patriot Act, and OFAC regulations.
• Other duties assigned.

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.
• 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

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, color, religion, sex, sexual orientation, gender identity, military and / or veteran status, or disability in accordance with Executive Order 11246, Section 503 of the Rehabilitation Act of 1973, as amended, and the Vietnam Era Veterans Readjustment Assistance Act of 1974.

WaFd Bank does not discriminate on the basis of national origin or citizenship status as provided under the Immigration Reform and Control Act of 1986, or any other Federal or State legally-protected classes.

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.

EEO is The Law - click here for more information

Equal Opportunity Employer Minorities / Women / Protected Veterans / Disabled

EEO Policy Statement - WaFd Bank

Know Your Rights : Workplace Discrimination is Illegal - click here for more information

Pay Transparency Nondiscrimination Provision - click here for more information

CCPA Notice at Collection for CA Employees and Applicants

Requisition Post Information : Posted Date : 7 / 2 / 2024

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