Primis Financial Round Rock , TX 78665
Posted 3 weeks ago
Position Summary: The Loan Officer Assistant would work directly alongside licensed loan officers to help maximize productivity. They will support the Loan Officers during the loan origination process and perform daily administrative duties in an accurate and organized manner. Responsible for ensuring our borrowers fully understand the financial implications and responsibilities involved in taking out a loan and make sure they complete their applications correctly.
Primary Duties
Comply with industry-related regulations, requirements and state/federal laws as applicable to the job duties of this position
Assist loan or mortgage officers with the loan application process
Initial client in-take, loan operating system set up, documentation gathering, electronically sort and file documents, income calculating, loan structuring, credit analysis and pre-underwriting, order employment verifications, order appraisal reports, run automated underwriting engines
Review and prepare documents for clients in a timely manner
Check that applicants have correctly completed their paperwork and obtain missing information from applicants if necessary
Follow up on credit checks and prepare cost estimates for borrowers
Communicate with new applicants and existing clients regarding loan opportunities
Perform data entry and other office duties as needed
Manage pipeline with processing team to ensure timely closings
Maintains appropriate stock of office supplies for assigned branch
Documentation follow up and tracking (contacting borrowers, title companies, real estate offices, appraisers, lenders, etc.)
Oversee distribution of marketing materials in branch
Maintain social media marketing for their assigned branch
Maintain promotional materials inventory
Manages day-to-day branch operations for example: scheduling, training, and administration of policies/procedures
Maintain and update knowledge on all products and programs
Regular and sustained attendance
Maintain compliance with and adhere to all state and federal regulations and bank policies and procedures, including, but not limited to Bank Secrecy Act, FACT ACT, Community Reinvestment Act, and EEO/AA/Fair Employment Practices.
Minimum Educational & Experience Requirements
High School diploma required.
A minimum of 3 years' experience as a Loan Officer or similar role.
Previous experience in retail residential mortgage loan originations preferred
Good understanding of banking computer software and MS Office.
Minimum Skill Requirements
Basic knowledge of loan programs
Ability to credit qualify borrowers
Ability to work with diverse base of contacts (Loan Officers, clients, agents, lenders, title companies, etc.).
Professional and effective verbal and written communications
High degree of detail orientation
Strong organizational skills
Ability to work independently with minimal supervision
Proficient with MS Office
Physical Demands
In terms of an 8-hour workday, "occasional" equals 1% to 33%, "frequent" equals 34% to 66%, and "continuous" equals 67% to 100%. However, some duties are performed monthly, annually, or sporadically throughout the year and are essential functions. Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions of the position.
Continuous remaining in a stationary position, particularly, but not limited to, at a desktop computer
Continuous repetitive use of hands/arms; particularly concerning to typing, writing, phone & computer use
Continuous communication: verbal and written, in-person, phone and electronic
Work Environment
Primis Financial