Community Lending Officer

About the role

The Community Lending Officer will establish and maintain relationships with community-based organizations, realtors, and governmental agencies which result in lending opportunities for the bank to ensure full compliance with the Community Reinvestment Act. The candidate will sell and originate residential mortgage loans to a predetermined sales goal focused in CRA assessment area needs.

Responsibilities

• Serve, where appropriate, as a member of civic, professional, and community development organizations that contribute to WTB’s CRA objectives.
• Communicate ways by which management and staff can address fair lending responsibilities for WTB’s lending practices and standards.
• Affirmatively identify and originate loans that meet the criteria of CRA in WTB’s CRA assessment areas.
• Establish and develop relationships with an extensive network of real estate agents so that potential mortgage customers within CRA assessed areas will be referred to WTB.
• Turn in a completed loan application within 48 hours of receipt.
• Pre-qualify self-employed borrowers to include preparation of cash flow work sheets and requesting and analyzing financial records and tax returns.
• Maintain responsibility for the loan file from application through closing.
• Foster a culture where all WTB Team Members have a good understanding of both CRA and fair lending laws applicable to their position.
• Actively participate in festivals, fairs, and trade shows to promote new business for the Bank.
• Stays abreast of individual community trends and economic development changes.
• Tracks and measures event participation results. Makes recommendations to maximize return on future investments of events, sponsorships, philanthropic initiatives, and donations.
• Liaise with local governments and community development organizations ensuring the bank’s presence is known and respected in the community.
• Build and manage a network of contacts within state and local government and community organizations.

Qualifications

• Ability to speak English and Mandarin/Cantonese fluently preferred.
• Knowledge of real estate and mortgage banking industry.
• Knowledge of Truth-in-Lending and compliance with government regulations.
• Knowledge of conventional, FHA, VA, and construction loan policies and procedures.
• Automobile required, together with valid Washington State Driver's license.
• Required to have or obtain a Mortgage Loan Originator registration number through the Nationwide Mortgage Licensing System & Registry (NMLS).

Skills

• Excellent communication skills.
• Strong organizational and time management skills.
• Ability to work independently and as part of a team.
• Proficiency in Microsoft Office Suite.

Benefits

Washington Trust Bank offers a comprehensive benefits package to secure your overall wellness and help you become and remain a fulfilled and productive employee. Our benefits include Health, Financial, Retirement and Work/Life Benefits. We are proud to share an overview of our benefits HERE as part of your total compensation.

Pay

$89,991- $134,987

Schedule

Full-time position