Wealth Management Lending Officer
| Company | Bank of America |
|---|---|
| Location | West Palm Beach, FL, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior |
Requirements
- Minimum 5 years first mortgage origination experience, or a minimum 3 years mortgage origination experience with an additional two years of experience in the financial services industry.
- Has significant experience building relationships with clients.
- Has a working knowledge of federal regulations governing real estate lending.
- Can build and maintain solid referral base (that is, strong community involvement/ties, established relationship with assigned Merrill financial advisors).
- Strong computer skills including Microsoft applications and previous experience using laptop technology for communication purposes including accessing rate, credit and loan status information.
- Takes ownership, accountability and can demonstrate integrity.
- Understands processing, underwriting and/or closing procedures.
- Self-motivated and highly organized.
- Effective communication skills.
- Prioritizes multiple competing tasks.
Responsibilities
- Manages prospecting clients and the initial structuring processes, while determining customer financial objectives and lending needs
- Negotiates with the client on lending terms, preparing deal justification and related documentation, and advising on related policies and guidelines
- Maintains a network of relationships to drive business referrals for lending opportunities
- Works directly with clients through final loan approval and closing as necessary and ensures data quality of client and deal information
- Provides guidance to effectively challenge and influence the strategic direction and tactical approaches of priority decisions
- Maintains thorough knowledge of lending programs, policies, procedures, and regulatory requirements and understands the suite of Wealth Management products and services to support business requirements
- Manages multiple tasks and sets priorities in line with the bank’s overall strategy and prioritization
Preferred Qualifications
- Demonstrated success in prospecting, generating leads, closing business and consistently meeting/exceeding production goals.
- Strong background in credit solutions, ranging from standard to custom mortgage products and other securities-based lending.
- A bachelor’s degree in business or related field experience.