Commerce Bancshares, Inc
Mortgage Banker - Retail
Commerce Bancshares, Inc, Saint Louis, Missouri, United States, 63146
About Working at Commerce
Building a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. Our culture is about our people, the ones in our communities and the ones that work with us.
Here, you’ll find opportunities to grow and learn, to connect with others, and build relationships. You’ll have the space and resources to grow into the best version of yourself. Because our number one investment is you.
Creating an award-winning culture doesn't come easy. And after more than 155 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let’s talk.
Compensation Range Annual Salary: $37,000.00 - $37,000.00 (Amount based on relevant experience, skills, and competencies.) About This Job The main purpose of this job is to originate home loans. The primary focus will be to drive new sales within our available lending territory, managing the current client base and developing a plan of action to increase market share by attracting new clients. Essential Functions Network with internal and external referral partners to build a book of business (e.g., realtors, builders). Visit Commerce branches within assigned geography weekly to meet with Commercial Bankers and customers to discuss mortgage products. Manage production pipeline and documentation collection while coordinating with the fulfillment team to ensure an efficient flow. Communicate between borrowers and referral partners. Analyze applicants’ financial status, creditworthiness, and property evaluation to determine eligibility and feasibility of granting home loans. Provide financing options and customize solutions by conducting a deep dive analysis of the application, credit profile, financials, etc., ensuring options fit within the guidelines of the lending/sellers guide(s) by product type (FHA/VA, Conv, HELOC). Pre-underwrite files to obtain and analyze documentation regarding employment, credit, income, assets, and collateral. Verify documentation meets CMC/Investor/Agency Standards prior to submission to our operations partners. Adhere to CBI Code of ethics, Do not Call Regulations, Privacy and Opt-Out procedures, HMDA data collection, Suspicious Activity procedures, Adverse Action requirements, Equal Credit Opportunity Act (ECOA), Fair Housing Act (FHA), and all Fair Lending policies and procedures. Manage and deliver best-in-class client care to an active loan pipeline of up to 20 loans in a pre-funded status. Manage and deliver best-in-class client care to an active lead pipeline of up to 150 clients utilizing lead management database and all of its capabilities. Timely communicate updates and requests to clients in accordance with current Service Level Agreements (SLAs) and compliance industry regulations. Maintain continual, consistent, and open communication with all appropriate parties to the transaction in accordance with current SLAs to ensure a timely closing that exceeds the client’s expectations. When called upon, provide customer/conversion feedback to leadership, marketing, secondary marketing, and technology teams. Perform other duties as assigned. Knowledge, Skills & Abilities Required Intermediate knowledge of mortgage products. Strong credit risk analysis and loan origination skills. Ability to focus on customer needs, both internal and external, to develop and sustain productive customer relationships. Develop and maintain collaborative relationships to facilitate and achieve corporate results. Ability to achieve an exceptional level of technical and professional skills/knowledge in job-related areas; keeping abreast of current developments and trends in the area of expertise. Ability to take prompt and proactive actions to accomplish objectives. Ability to maintain a valid driver’s license and meet Commerce Bank’s driving record criteria. Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities. Inquisitive, agile, and strong team player with excellent written, verbal, and interpersonal communication skills. Ability to remain adaptable and resilient to all situations with an optimistic outlook. Basic level of proficiency with Encompass, Blend, Microsoft Office Suite, Optimal Blue, and Total Expert is preferred. Education & Experience Associate's degree in business management/finance or equivalent combination of education and experience required. Bachelor’s degree preferred. 3+ years lending experience required. For this position, Commerce Bank will review your motor vehicle driving record and prepare an investigatory consumer report which will disclose credit history. *** For individuals applying for roles with pay transparency requirements, Commerce must include a reasonable estimate of the compensation range for some roles. This compensation range is for the Mortgage Banker - Retail job and considers various factors in making compensation decisions. A reasonable estimate of the current base pay is $37,000 annually, with potential additional compensation through performance-based incentive plans. Location: 6327 Chippewa, St. Louis, Missouri 63109 Time Type: Full time
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Compensation Range Annual Salary: $37,000.00 - $37,000.00 (Amount based on relevant experience, skills, and competencies.) About This Job The main purpose of this job is to originate home loans. The primary focus will be to drive new sales within our available lending territory, managing the current client base and developing a plan of action to increase market share by attracting new clients. Essential Functions Network with internal and external referral partners to build a book of business (e.g., realtors, builders). Visit Commerce branches within assigned geography weekly to meet with Commercial Bankers and customers to discuss mortgage products. Manage production pipeline and documentation collection while coordinating with the fulfillment team to ensure an efficient flow. Communicate between borrowers and referral partners. Analyze applicants’ financial status, creditworthiness, and property evaluation to determine eligibility and feasibility of granting home loans. Provide financing options and customize solutions by conducting a deep dive analysis of the application, credit profile, financials, etc., ensuring options fit within the guidelines of the lending/sellers guide(s) by product type (FHA/VA, Conv, HELOC). Pre-underwrite files to obtain and analyze documentation regarding employment, credit, income, assets, and collateral. Verify documentation meets CMC/Investor/Agency Standards prior to submission to our operations partners. Adhere to CBI Code of ethics, Do not Call Regulations, Privacy and Opt-Out procedures, HMDA data collection, Suspicious Activity procedures, Adverse Action requirements, Equal Credit Opportunity Act (ECOA), Fair Housing Act (FHA), and all Fair Lending policies and procedures. Manage and deliver best-in-class client care to an active loan pipeline of up to 20 loans in a pre-funded status. Manage and deliver best-in-class client care to an active lead pipeline of up to 150 clients utilizing lead management database and all of its capabilities. Timely communicate updates and requests to clients in accordance with current Service Level Agreements (SLAs) and compliance industry regulations. Maintain continual, consistent, and open communication with all appropriate parties to the transaction in accordance with current SLAs to ensure a timely closing that exceeds the client’s expectations. When called upon, provide customer/conversion feedback to leadership, marketing, secondary marketing, and technology teams. Perform other duties as assigned. Knowledge, Skills & Abilities Required Intermediate knowledge of mortgage products. Strong credit risk analysis and loan origination skills. Ability to focus on customer needs, both internal and external, to develop and sustain productive customer relationships. Develop and maintain collaborative relationships to facilitate and achieve corporate results. Ability to achieve an exceptional level of technical and professional skills/knowledge in job-related areas; keeping abreast of current developments and trends in the area of expertise. Ability to take prompt and proactive actions to accomplish objectives. Ability to maintain a valid driver’s license and meet Commerce Bank’s driving record criteria. Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities. Inquisitive, agile, and strong team player with excellent written, verbal, and interpersonal communication skills. Ability to remain adaptable and resilient to all situations with an optimistic outlook. Basic level of proficiency with Encompass, Blend, Microsoft Office Suite, Optimal Blue, and Total Expert is preferred. Education & Experience Associate's degree in business management/finance or equivalent combination of education and experience required. Bachelor’s degree preferred. 3+ years lending experience required. For this position, Commerce Bank will review your motor vehicle driving record and prepare an investigatory consumer report which will disclose credit history. *** For individuals applying for roles with pay transparency requirements, Commerce must include a reasonable estimate of the compensation range for some roles. This compensation range is for the Mortgage Banker - Retail job and considers various factors in making compensation decisions. A reasonable estimate of the current base pay is $37,000 annually, with potential additional compensation through performance-based incentive plans. Location: 6327 Chippewa, St. Louis, Missouri 63109 Time Type: Full time
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