Job Description

The Mortgage Banker proactively solicits new consumer mortgage business and originates a high-quality loan for the Banks portfolio that meets both compliance standards and established production goals. Compensation will be a salary plus commissions based on funded loans.

Mortgage Bankers reflect the corporate values and ethics of WaFd Bank and exhibits leadership in the following areas: sales effectiveness and a focus on production; marketing WaFd Bank in the broader community; providing a high quality customer experience; building and maintaining productive relationships within WaFd, with new and existing clients, Realtors, builders, brokers and title companies; registering and maintaining active status with the Nationwide Mortgage Licensing System and Registry (NMLSR); and originating mortgage loans within the assigned geographic area. Wafd Bank is proud of the high value that we all place on simply being kind when serving our co-workers and Wafd Bank clients.

Key Functions:

1. Creates a client-focused and employee-friendly environment that fosters communication and teamwork by providing exemplary service and experience, including managing direct reports to maintain efficient, high-quality performance.
2. Originates consumer residential mortgage Loans and maintains the integrity of Wafd Banks interests in all lending activities.
   • Originates loans by completing loan applications interviews with prospective clients and discussing loan options to best meet clients needs.
   • Collects, documents and analyzes financial and related data in order to determine the general credit worthiness of the prospect and the merits of the specific loan request.
   • Complies with laws, rules and regulations, avoiding any real or perceived conflicts of interest.
   • Applies proper pricing and mitigates risk with additional pricing when appropriate.
   • Maintains a portfolio of industry contacts that consistently contribute to the overall monthly production of the Division and meets the expectations set by Management.
   • Develops and maintains close working relationship with assigned branches to develop and build deposit relationships with new mortgage clients.
   • Refers any commercial, small business, deposit and HELOC business to assigned network of branches or as appropriate within the Bank.
   • Performs property inspections as neede
   • Other duties deemed necessary in order to deliver products or services in a quality client experience to the prospect, current client, and other Bank colleagues.
3. Build cross referral business with Retail, Commercial and Community Banking group.
   • Proactively works with Retail branch colleagues to deepen client relationships and acquire personal deposits and primary transaction accounts to meet specific expectations.
   • Share lists of area builders with commercial peers for promotion of the Banks All-in-One and spec construction products and may be assigned to originate Small Builder Loans.
   • Promote mortgage loans for buyers of the group builders spec homes via the Banks Builder Special program.
4. Promotes Wafd Bank within the community.
   • Proactively seeks new business relationships.
   • Maintains current information regarding competitors fees, and pricing.
   • Uses competitor information to promote the advantages of WaFd Bank products to prospective clients.
5. Adherence to bank policies and procedures designed to comply with Federal regulations, including but not limited to the Bank Secrecy Act, USA Patriot Act and OFAC regulations.
6. Other duties assigned.

Education/Skills/Training:

• Minimum two years college or three years banking or mortgage lending experience.
• Effective business development/client acquisition skills, strong verbal and written communication skills, and a high level of accuracy and attention to detail.
• Must also be able to work effectively with the public, in person, by phone, email or in video conferencing, in a personable, professional manner, and handle pressure in a fast-paced, changing work environment. Individual must be a self starter, experienced with working in a team and individual sales environment, and have a strong track record in achieving sales results.
• Must be self-motivated and production-oriented.
• Computer proficiency with Encompass loan origination platform and Microsoft Office 365 applications (e.g. Teams, Word, Excel, and Outlook) required.

Experience:

• Minimum three years mortgage lending experience required with demonstrated success as a mortgage originator, including a strong understanding/working knowledge of lending terminology, loan processing, loan documentation and lending procedures.
• Financial industry or banking experience preferred.

At WaFd Bank you get all of these great benefits!

• Paid time off for vacation, sick days and holidays
• Health insurance
• Stock options
• Bonus programs
• Generous 7% 401(k) employer matching*
• Paid Parental Leave
• Life and AD&D insurance
• Long-term disability
• Tuition Reimbursement
• Employee assistance programs
• Pre-tax health and dependent-care spending plans

We are committed to Equal Employment Opportunity and Affirmative Action. We recruit, hire, train and promote persons in all job titles and ensure that all other personnel actions are administered without regard to race, color, religion, sex, sexual orientation, gender identity, military and/or veteran status, or disability in accordance with Executive Order 11246, Section 503 of the Rehabilitation Act of 1973, as amended, and the Vietnam Era Veterans Readjustment Assistance Act of 1974, which require affirmative action to ensure equal opportunity in all aspects of employment. WaFd Bank does not discriminate on the basis of national origin or citizenship status as provided under the Immigration Reform and Control Act of 1986, or any other Federal or State legally-protected classes. WaFd Bank is committed to providing reasonable accommodations to employees and applicants with disabilities to the full extent required by the Americans with Disabilities Act (ADA). If you feel you need a reasonable accommodation pursuant to the ADA, you are encouraged to contact us at 800.324.9375

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