Disability Solutions - Woodbury, MN

posted 4 months ago

Full-time - Entry Level
Woodbury, MN
Administrative and Support Services

About the position

At Associated Bank, we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you. As a Residential Loan Officer, you will be responsible for the origination of regulatory compliant residential loan applications and for developing client referral relationships with realtors, builders, attorneys, and other centers of influence. This role is pivotal in expanding and deepening customer relationships by identifying customers' needs and matching their needs with product selections and resources within the colleague's assigned business line and across all business lines of Associated Bank. You will monitor the expedient processing of loan applications through regular contact with loan processors and conduct regular pipeline management. This position requires a credit check per 12 CFR Chapter X, Part 1026, Truth in Lending, Regulation Z. You will operate in full compliance with internal policies and procedures as well as applicable regulations and laws, including but not limited to Bank Secrecy Act/Anti-Money Laundering and S.A.F.E. Act requirements. You must submit required information to meet registry requirements, obtain a unique identifier, and maintain the registration requirements as directed by the S.A.F.E Act. In this role, you will follow up on leads generated by personal effort, regular contact from within the industry, call-in/walk-in inquiries, in addition to the support enhancements from Bank advertising and direct mail efforts. You will accept regulatory compliant residential mortgage loan applications from customers, review applications for compliance with Bank, industry, and agency guidelines, and notify in a timely manner those applicants who do not qualify. It is essential to begin the processing of qualified applications as quickly as possible and monitor the processing of the loan.

Responsibilities

  • Originate regulatory compliant residential loan applications.
  • Develop client referral relationships with realtors, builders, attorneys, and other centers of influence.
  • Expand and deepen customer relationships by identifying needs and matching them with product selections.
  • Monitor the expedient processing of loan applications through regular contact with loan processors.
  • Conduct regular pipeline management.
  • Follow up on leads generated by personal effort and industry contacts.
  • Accept residential mortgage loan applications from customers.
  • Review applications for compliance with Bank, industry, and agency guidelines.
  • Notify applicants who do not qualify in a timely manner.
  • Begin processing of qualified applications as quickly as possible.

Requirements

  • Bachelor's Degree or equivalent combination of education and experience.
  • 1-3 years of residential loan processing or origination experience with a financial institution or mortgage banking company.

Nice-to-haves

  • Experience with compliance regulations in the banking industry.
  • Strong communication and interpersonal skills.
  • Ability to work in a fast-paced environment.

Benefits

  • Retirement savings including both 401(k) and Pension plans.
  • Paid time off to volunteer in the community.
  • Opportunities to connect with others through diversity-focused Colleague Resource Groups.
  • Competitive salaries with professional development and advancement opportunities.
  • Bonus benefits including well-being programs and incentives, parental leave, and an employee stock purchase plan.
  • Military benefits and personal banking, loan, investment, and insurance benefits.
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