Residential Lending Officer

Job Title

Residential Lending Officer

Banesco USA is seeking a Residential Lending Officer for our Residential Department.

Primary Job Duties

• Responsible for business development activities and generation of new Residential loans;
• Interviews & corresponds with prospective applicants, obtains information related to the loan application;
• Performs a pre-qualification assessment and analysis of the financial condition and risk of the loan request within the framework of the Bank’s credit appetite;
• Gathers and analyzes information necessary to present a financing request to Management for approval;
• Negotiating loan terms and conditions;
• Assists in the creation of marketing tools for the retention of customers and mortgage brokers;
• Coordinates the process of approved loans, solves issues related to the processing and servicing of the loans and approves loan disbursements in accordance to the approved agreements;
• Monitors the loan portfolio to ensure safety and soundness and takes the necessary actions to remedy any deficiencies or gathering missing documentation;
• Maintains good customer relationships and seeks cross-selling opportunities and takes a proactive approach of retaining existing customers, fostering the customer relationships;
• Develops and maintains knowledge of financial industry, economy, market conditions, rates vendors and competition;
• Represents the Bank in various community, civic and community reinvestment functions to further enhance the Bank’s image and develop additional business; assists the Bank in establishing and maintaining market position in the Financing arena;
• Responsible for completing annual training program assigned;
• Performs other functions and/or duties as assigned.

Job Requirements

• Education: Bachelor’s degree in Business Administration or equivalent experience.
• Experience: Five (5) to Seven (7) years of experience as a MLO.
• Advanced knowledge in underwriting and credit analysis with knowledge in financial statements and tax return analysis.
• Knowledge of lending activities including commercial, real estate and loan processing.
• Advance computer skills including but not limited to proficiency in Microsoft Office (Word, Excel, Power Point, etc.)
• Knowledge of Encompass software.
• Must be bilingual in both English and Spanish. Ability to fluently speak, understand, read and write both languages.
• Strong verbal and written communication skills, ability to communicate at all levels of the organization.
• Strong attention to detail and accuracy.
• Ability to multi-task, with strong organization, time-management and prioritizing skills.
• Customer service skills, ensuring satisfaction of both internal and external customers.
• Ability to work in a team environment, in order to ensuring compliance with department procedures.
• Knowledge of related State and Federal banking compliance regulations and operational policies.
• Ability to understand and comprehend instructions, procedures and policies ensuring compliance with the Bank’s policies and procedures.
• Problem solving and analytical skills in order to identify problems.

Benefits

• Competitive salary plus variable compensation.
• Paid Time-Off.
• Tuition reimbursement.
• Paid parental leave.
• Medical, Dental, Vision
• 401k
• Life Insurance
• Supplemental Insurances
• Short-Term & Long-Term Disability Benefits

About Us

Banesco USA is part of Banesco International, a worldwide group of financial institutions with presence in 16 countries.

As a corporation in continuous evolution, we promote the ongoing professional and personal development of our employees, by embracing challenges and adapting to the changing environment of today’s world. We aim to develop integral human beings, committed to making a difference at the workplace and out in the world.

Our actions are rooted in our Values: Reliability, Responsibility, Quality and Innovation. We believe that we all have the same ability to transform our daily tasks into significant contributions, and therefore, Leave Our Mark.

At Banesco USA, one of our most valued assets is our enthusiastic team, which strives every day to create a world-class organization in an ever-changing world. Together, our team has made us a market leader and we invite you to join us.