Mortgage Lending Specialist I 9/3/2016
JOB DESCRIPTIONAPPLY Overview: Founded in 1908, CIT (NYSE: CIT) is a financial holding company with more than $65 billion in assets. Its principal bank subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has more than $30 billion of deposits and more than $40 billion of assets. It provides financing, leasing and advisory services principally to middle market companies across a wide variety of industries primarily in North America, and equipment financing and leasing solutions to the transportation sector. It also offers products and services to consumers through its Internet bank franchise and a network of retail branches in Southern California, operating as OneWest Bank, a division of CIT Bank, N.A.
Responsibilities: The Mortgage Lending Specialist (MLS) will be responsible for sourcing and originating compliant conforming and jumbo residential mortgage loans.
The essential functions of the job include, but are not necessarily limited to, the following:
-Ensures an efficient and compliant mortgage origination process from application to funding by working directly with internal and external groups
-Primarily, the MLS will be responsible for fielding inbound telephone inquiries, performing outbound telephone dialing to mortgage prospects, and handling leads from OWB's website
-Secondarily, the MLS may be responsible for leads generated from OneWest's retail bank branches, internal business unit and employee referrals, vendor and business client affinity referrals, among others.
-Proactively manage individual mortgage pipelines to ensure contingency dates and turn time standards are achieved
-Conducts interviews with prospective borrowers in order to analyze financial and credit data, determine customer financing objectives, advise customers of product/pricing policies and guidelines, and gather any additional required information
-Practices exceptional customer service by maintaining thorough knowledge of OneWest's lending programs, policies, procedures and regulatory requirements, demonstrating a commitment to professional ethics, complying with all federal and state compliance policies and adhering to the Home -Mortgage Disclosure Act requirements
-The MLS may be asked to participate on trade shows, hosted events, community events with the goal of generating mortgage referrals and applications
If bank-generated lead volume is not sufficient, the MLS will be required to solicits mortgages from external sources such as Realtors, accountants, lawyers, business managers, open houses and trade shows
Qualifications: 2-5 years in the mortgage lending industry
Experience as a producing loan officer with a proven record of funding 5 loans per month
Must provide most recent two years W-2s to indicate past production performance
Bachelor's Degree preferred / High School Diploma required