Residential Loan Officer

Amalgamated Bank seeks a dedicated Residential Loan Officer to manage and proactively solicit new residential mortgage and HELOC loan applications, interact with customers and referral sources, as well as accept and complete all loan application files. The Residential Loan Officer will ensure a good volume of high-quality mortgage originations for the bank’s portfolio and for sale to institutional investors.

Essential Job Functions:

1. Develop new residential mortgage production by calling on both internal and external referral sources
2. Interact with customers seeking information about mortgage loan products by phone, in person at a branch location or through the Banks website
3. Represent the bank to potential referral sources including real estate brokers, builders or developers, financial professionals, financial planners and CPA’s
4. Compile loan documentation, review customer documents for accuracy. Ensure all conditions and requirements for processing and closing have been met including obtaining & reviewing 1003s, sales contracts, disclosures, tax returns, paystubs and other proofs of income
5. Perform all tasks as required to originate loans in compliance with all federal and state regulations and with company standards in areas of customer satisfaction, speed and efficiency
6. Coordinate preliminary loan underwriting, pre- qualification, and mortgage counseling
7. Knowledge and understanding of all mortgage regulations including Reg B, Reg Z, HMDA, RESPA, FRCA, TRID, and the SAFE Act
8. Knowledge and understanding of all mortgage documents & forms to include but not limited to loan estimate disclosure, endorsements, assignments, underwriting transmittals, notices to applicants, commitments, attorney letters and other documents as needed. Process and set up all loan information on the system
9. Assist in tracking rates and preparing rate surveys of mortgage products
10. Assist in the loan process as needed
11. Knowledge of secondary market and agency guidelines for mortgage underwriting, and Appendix Q guidelines for documenting income and debts for mortgage loan applications
12. Perform other duties as directed

Knowledge, Skills and Experience Requirements:

1. Bachelor’s Degree preferred or equivalent, combination of education, training, and experience
2. Minimum 2 + years of mortgage banking experience preferable in a production role
3. Encompass experience preferred
4. Good computer skills, proficiency in Word, Excel, and Windows
5. Experience with front-end loan processing system, preferably Mortgagebot
6. Ability to travel and meet customers after hours
7. Must be NMLS registered or able to become NMLS approved

Amalgamated Bank is an Equal Opportunity and Affirmative Action Employer, Minorities / Females / Individuals with Disability / Veterans. AmeriCorps, Peace Corps and other national service alumni are encouraged to apply. View our Pay Transparency Statement. Submission of a resume or any information regarding your qualifications does not constitute a promise or offer of employment. At Amalgamated Bank, we consider an applicant to be someone who has interviewed at least once, in person, with the hiring manager. Amalgamated Bank does not sponsor applicants for work visas.

As part of our commitment to health and safety, all team members currently working in our office space are required to show proof of vaccination. To be considered for any position at Amalgamated Bank where permitted by applicable law (including any applicable reasonable accommodation, medical or religious exemption), candidates must have received the COVID-19 vaccine prior to their start date. Upon commencement of employment, new team members must provide proof that they have been fully vaccinated against COVID-19.