COMMUNITY LENDING MORTGAGE BANKER
WHAT IS THE OPPORTUNITY
This position is responsible for sales of first mortgage and concurrent second loan products to existing and potential banking diverse segment clients. Community Loan Officer duties include outside sales activities to cultivate new business and expand CNBs client relationships through the sale of mortgage loan products and services uses consultative sales skills in support of sales and business development activities meets directly with clients in to assess client needs and present multiple mortgage product solutions and ethically market and promote the banks mortgage products as require in growing hisher assigned territory. Regularly and customarily travels to prospective client and referral source locations away from CNB offices to perform sales business development and related activities following up by telephone or electronic mail as needed. Must be in good standing under The Secure and Fair Enforcement for Mortgage Licensing Act of 2008 Safe Act and must be registeredlicensed with the Nationwide Mortgage Licensing System and Registry or must be able to be registered under the Safe Act Must remain in good standing under the Safe Act.
WHAT WILL YOU DO
Outside Sales Originate residential mortgage loans and related bank products and expand network of referral sources. Originations in large part are to be sourced through professional relationships example realtors attorneys CPAs business managers nonprofits trade organizations financial advisors that fit within the banks overarching financial and diverse strategy
Calls on clients or their designated representatives and referral sources at their places of business or other locations away from the office to prospect for and originate mortgage loans
Provide sound and ethical loan counseling to all potential applicants.
Act as liaison between Bank and customer during processing and underwriting as procedures dictate to ensure timely processing and best in industry customer service
Complete the loan application and related processes with applicants while keeping with Bank policies procedures and product guidelines and with applicable laws regulations and accepted business practices.
Forward substantially complete application packages to Processing and Underwriting within a system that adheres to TRID requirements
Develop andor implement sourcing strategies as required by written goals.
Meeting or exceeding quantitative and qualitative goals as designed by sales management. Pursuing and fulfilling compensation goals within the spirit in which they were designed and with respect to the CNB brand
Stay abreast of sales and business development techniques product offerings legal and regulatory requirements and industry and real estate trends.
Acquire and maintain proficiency in the use of the specific software systems utilized by the bank directly and indirectly related to mortgage originations
Attend regularly scheduled sales meetings training sessions and Bank functions.
Perform other duties as requested or assigned by management such as special projects within the Residential Lending Division
Foster and maintain active relationships with civic organizations within assigned territories for community service and business development purposes.
Commitment to work of nonprofit organizations and making a positive impact in the community
Increase mortgage loan volume primarily focusing on underserved communities and low to moderate income consumers and geographies or targeted areas
WHAT DO YOU NEED TO SUCCEED
Required Qualifications
H.S. Diploma
Minimum 5 years of retail residential mortgage sales experience
Minimum 3 years of mortgage or financial experience as part of a community lending team
Minimum of 5 years of experience with diverse and underserved clients
Must be in good standing under The Secure and Fair Enforcement for Mortgage Licensing Act of 2008 Safe Act and must be registeredlicensed with the Nationwide Mortgage Licensing System and Registry or must be able to be registered under the Safe Act Must remain in good standing under the Safe Act.
Additional Qualifications
Highly prefer network of professional and nonprofit referral sources
Highly prefer a BABS degree with preference for business finance or economics degree
Demonstrated superior sales and marketing ability
Consistent written and verbal communication that is professional thoughtful clear and effective across all audiences both inside and outside the bank
Preferred experience with Net Oxygen Salesforce Blend and Microsoft Office suite
Knowledge of mortgage credit policies and current industry compliance standards
Must meet and comply with all requirements set forth in the SAFE Act including but not limited to successful completion of the required background checks and obtaining a Unique Identifier from the NMLS.
Promote the Banks CRA efforts fair and responsible banking goals and the underserved communities
WHATS IN IT FOR YOU
Compensation
Starting base salary 70000- 80000 per year. Exact compensation may vary based on skills experience and location. This job is eligible for bonus andor commissions.
Benefits and Perks
At City National we strive to be the best at whatever we do including the benefits and perks we offer our colleagues including
Comprehensive healthcare coverage including Medical Dental and Vision plans available the first of the month following start date
Generous 401k company matching contribution
Career Development through Tuition Reimbursement and other internal upskilling and training resources
Valued Time Away benefits including vacation sick and volunteer time
Specialized health and family planning benefits including fertility benefits and cancer diabetes and musculoskeletal support programs
Career Mobility support from a dedicated recruitment team
Colleague Resource Groups to support networking and community engagement
Get a more detailed look at our Benefits and Perks.
ABOUT US
Since day one weve always gone further than the competition to help our clients colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada one of North Americas leading diversified financial services companies. To learn more about City National and our dynamic company culture visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race color religion sexual orientation gender identity national origin disability veteran status or other basis protected by law.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Represents basic qualifications for the position. To be considered for this position you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis until filled.
Unless otherwise indicated as fully remote reporting into a designated City National location is an essential function of the job.