Senior Loan Officer, Mortgage
GoodleapSalary not specified
Full Time
Mid-level (3 to 4 years)
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial ServicesIndustries
Requirements
Candidates must have an Associate's degree and 2 years of sales experience, or a combined minimum of 4 years of higher education and relevant work experience including 2 years of sales experience. Federal registration under the SAFE Act is required, and the role involves extensive travel and external contacts.
Responsibilities
The CRA Mortgage Originator will originate mortgage applications for low-to-moderate income individuals and neighborhoods, participating in Community Reinvestment Act activities. Responsibilities include cultivating new mortgage business, marketing mortgage products, interviewing applicants to assess creditworthiness, advising customers on loan programs, negotiating loan terms, and ensuring compliance with origination procedures. The role also involves interacting with housing agencies, staying informed of industry regulations, representing the bank in the community, and potentially presenting seminars.
Skills
Mortgage Origination
SAFE Act
Sales
Customer Service
Financial Analysis
Credit Assessment
Loan Negotiation
FHA
VA
M&T Bank
Full-service banking for individuals and businesses
About M&T Bank
M&T Bank provides a variety of banking services to individuals, small businesses, and larger companies. Their offerings include mortgage assistance, personal and business checking accounts, and mobile banking options. The bank primarily operates in the Northeastern and Mid-Atlantic regions of the United States, emphasizing community engagement and a focus on customer service. M&T Bank's business model is based on traditional banking practices, such as loans, deposits, and investment products, and it generates revenue through interest income and service fees. A key aspect that sets M&T Bank apart from its competitors is its commitment to community involvement, which includes allowing employees to volunteer and supporting local organizations. The recent merger with United Bank, N.A. has further expanded their services and market presence.
Buffalo, New YorkHeadquarters
1993Year Founded
IPOCompany Stage
Financial ServicesIndustries
10,001+Employees
Risks
Competition from fintechs could erode M&T Bank's market share among tech-savvy customers.
Integration challenges from the United Bank merger may disrupt operations.
Decreased prime rate could reduce interest income, impacting profitability.
Differentiation
M&T Bank emphasizes community engagement through its charitable foundation and volunteer programs.
The bank offers a wide range of traditional and digital banking services.
Recent merger with United Bank, N.A. expands M&T's market reach and service offerings.
Upsides
M&T Bank's $1.5 billion senior notes offering strengthens its financial position.
Decreased prime rate may attract more borrowers, increasing loan volume.
Shannon Lazare's appointment as New Jersey Regional President enhances local community engagement.
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