About This Role
This role is for a dynamic and detail-oriented Loan Officer to join a thriving financial services team. You will be the key point of contact for clients seeking loans, guiding them through the entire loan origination process with enthusiasm and professionalism. The position offers an exciting opportunity to leverage your skills in mortgage services, commercial lending, and financial software to make a meaningful impact on clients' lives.
Responsibilities
- Assist clients in the loan origination process by evaluating their financial needs and guiding them through application procedures
- Analyze credit reports, financial statements, and industry data to assess loan eligibility and risk factors
- Prepare and review loan contracts, ensuring compliance with TILA (Truth in Lending Act), FNMA (Fannie Mae), and other relevant regulations
- Collaborate with underwriters and loan processing teams to facilitate smooth loan approval workflows
- Conduct detailed Excel data analysis for loan portfolio management, risk assessment, and reporting purposes
- Maintain excellent client communication throughout the lending process, providing updates and answering inquiries promptly
- Ensure all loan servicing activities adhere to banking regulatory compliance standards and industry best practices
Requirements
- Proven experience in loan origination, mortgage services, or commercial lending within a banking or financial institution
- Strong understanding of financial regulations including TILA, FNMA guidelines, and banking compliance standards
- Proficiency in Microsoft Office Suite, especially Excel for data analysis and reporting
- Excellent customer service skills with the ability to communicate complex information clearly and professionally
- Knowledge of lending procedures, loan processing steps, and industry-specific contracts
- Basic math skills including 10 key typing accuracy for data entry tasks
- Experience with commercial banking expertise and risk analysis in commercial lending environments
- Ability to analyze financial data related to mortgages, loans, and creditworthiness effectively
- Strong team leadership qualities with the ability to collaborate across departments for seamless loan processing
Nice to have:
- Familiarity with financial software