CRA Mortgage Originator
- Works independently to cultivate new mortgage business.
- Markets, services and promotes the bank's mortgage products.
- May be required to travel to and work at prospective customers' homes or business locations. Follows-up on potential customers via travel or telephone.
- Follows-up on potential customers via travel or telephone.
- Market bank wide proprietary CRA products, e.g., Get Started, with Retail Bank Network as well as outside organizations such as real estate firms, housing agencies, etc.
- Market agency related products (FHA, VA, etc.) to low-to-moderate income borrowers and in low-to-moderate income neighborhoods.Interviews applicants to collect and analyze information regarding their income, assets, debts and credit data as well as their needs, desires, and earnings to assist in determining whether the loan will be an acceptable risk; obtains and analyzes pertinent financial and credit data.
- Independently assesses applicant's credit worthiness.
- Has authority to issue pre-qualification statement of borrowers' eligibility.
- Determines which products best meet the customer's needs and financial circumstances and advises potential borrowers regarding the advantages and disadvantages of different financial products and the most appropriate mortgage loan programs.
- Makes recommendations to customers regarding other bank products or to alternative lending vehicles, as needed.Negotiates terms and conditions of loans with mortgagors.
- Has authority to bind the bank in connection therewith.Ensures lending compliance with all origination procedures including bank policies and procedures and regulatory requirements.
- Advises management on effective compliance strategies and potential modifications to corporate operating policies where appropriate to ensure ongoing regulatory compliance.
- Interact with various housing agencies and governmental entities focused on CRA initiatives.
- Stay informed of industry regulations and governmental requirements as they relate to CRA housing needs.Meet with potential customers to ascertain financial needs as they may relate to CRA guidelines, first time homebuyer guidelines and mortgage opportunities that lie therein.
- Represents the bank in the community and related functions to identify, develop and promote additional business.
- May present seminars to general public and real estate agents to promote additional business and community outreach. Scope of Responsibilities: Facilitates the bank's need to meet its CRA responsibilities with the federal regulators and the citizens of the community bank regions. Relationships will forge with local housing agencies and groups which specialize in CRA outreach programs. The incumbent is required to travel extensively with limited supervision. The position requires extensive external contacts (potential and existing customers, Realtors, etc.) primarily on sales calls outside the office, as well as internal contacts (other Bank personnel). Will interact with individuals and teams internally and within the assigned community, developing new relationships and maintaining existing relationships. Responsible for establishing and maintaining federal registration requirements outlined in the SAFE Act. Supervisory/ Managerial Responsibilities: None. Education and Experience Required: Associates degree and 2 years sales experience, OR in lieu of a degree, A combined minimum of 4 years higher education and/or relevant work experience, including a minimum of 2 years sales experience. M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $30.21 - $50.35 Hourly (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation. Location New York, New York, United States of America
Recommended Jobs
Wound Care Registered Nurse - WCRN 25-30105
Job Title: Registered Nurse (RN) – Wound Care Location: Bronx, NY 10467 Job Summary: The Wound Care RN conducts health assessment interviews with a focus on wound, ostomy, and continence-rela…
Internships, Education Cannot Wait (ECW), Hosted Fund, New York, 6 months, REQ#584351
Internships, Education Cannot Wait (ECW), Hosted Fund, New York, 6 months, REQ#584351 Job no: 584351 Contract type: Internship Duty Station: New York Level: Internship Location: United States …
Gym Manager! Responsible Team Members Only
*Do Not Contact the Clubs* Our growing Anytime Fitness clubs in Westchester County are adding to the Team the best-of-the-best Gym Managers and Personal Trainers/Coaches. Part Time, or Full Time Avail…
Investor Access - Corporate Access Coordinator - Vice President
This role will be responsible for leading the strategic planning and execution of corporate and expert access events for institutional investor and corporate client partners. In this role, you will co…
Enterprise Customer Success Manager
Customer Success Manager (Enterprise) Location: NYC or San Francisco About Us: Dispatch is the first data orchestration company for the $80T advisory market – we collect, sync and maintain…
Senior Enterprise Account Manager (Remote - New York)
This position is posted by Jobgether on behalf of Parachute Health . We are currently looking for a Senior Enterprise Account Manager in New York (USA) . Step into a mission-driven role where…
Manager, Loyalty - Calvin Klein
Be part of an iconic story. At Calvin Klein, we believe in fostering an inclusive and collaborative culture by celebrating different perspectives, backgrounds and beliefs to truly connect with o…
Asset Manager - Technology
We are seeking a high performing Technology Asset Manager to both own the current operational function and drive change through process and technology improvement. That starts with the ability to und…
Neuropsychology - Faculty - Li Lab - Manhattan, NY
Description Mount Sinai Health System is seeking a Neuropsychologist for its Li Lab! Responsibilities Ongoing research projects include: Standardizing neuropsychological assessments in mult…
Client Experience Coordinator
Cartier seeks a Client Experience Coordinator in New York City to support the execution of client experience strategies in a luxury retail environment. The role involves creating exceptional client ex…