Loan Development Specialist

Job Summary:Loan Development Specialist

Our commitment revolves around injecting zeal and centering our efforts on customer satisfaction within the business.

The Loan Development Specialist is responsible for fostering mortgage loan opportunities and enhancing business growth by engaging with realtors, builders, and title companies in the region.

Required Responsibilities:

• Initiates mortgage loan applications.
• Participates in discussions to establish loan terms and interest rates.
• Gathers essential customer information and provides guidance on product options.
• Ensures customers receive all mandated disclosures and notifications in compliance with relevant regulations.
• Maintains interest rate locks with financial backers.
• Manages the loan pipeline to reduce the bank's exposure to interest rate fluctuations.
• Ensures departmental documentation and operations adhere to applicable laws, regulations, policies, and procedures, including completing required compliance training.
• Performs additional duties and responsibilities as assigned.

Skills:

• Ability to read and comprehend instruction manuals, business letters, and regulatory documents.
• Ability to interpret and analyze financial reports and legal paperwork.
• Skill in generating standard reports and formal business correspondence.
• Ability to draft written responses to customer concerns, regulatory bodies, or industry peers.
• Effective communication during one-on-one or small group interactions with customers, clients, and colleagues.

Education And/Or Experience:

• High School Diploma or GED.

Computer Skills:

• Proficiency in Microsoft Office programs (Word, Excel, PowerPoint).

Certificates, Licenses, Registrations:

• NMLS license required.

Equal Employment Opportunity:

Simmons First National Corporation and its subsidiaries are committed to equal employment opportunities, ensuring fair treatment for all individuals regardless of race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, veteran status, military service, physical or mental disability, or any other legally protected classification.

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