MB Financial Bank Retail Mortgage Loan Officer - Multiple Locations in GreaterChicago, Illinois

Job Description:


**Reference: NB16960

Job Summary:

Responsible for originating conventional and government residential mortgage loans to customers who qualify based on assessment of financial and credit data. The Retail Mortgage Loan Officer will spend a majority of their time obtaining business outside of the office by building relationships in the community. Outside of office does include both the Company office and any home office or remote location.

This position has no formal leadership responsibility.

Essential Job Duties:

  1. Originates conventional and government residential mortgages and participates in related business development activities.

  2. Funds a minimum of two (2) loans per month.

  3. Regularly and customarily spends a majority (>50%) of time obtaining business, marketing and building business outside of the Office as defined above: Meeting with clients and building residential mortgage business by working through contacts with realtors, builders and developers

  • If your role changes from this design, you must immediately notify your Branch Manager and HR.
  1. Builds residential mortgage business by working through contacts with realtors, builders and developers.

  2. Provides service to customers and prospective customers seeking residential mortgage loans. Interviews applicants to obtain information concerning their needs to assist in determining whether a loan will be an acceptable risk according to their financial situation and obtains pertinent financial and credit data.

  3. Ensures the preparation and processing of forms and legal documents required for residential loans and follows the loans to ensure compliance with terms. Negotiates terms and conditions with applicants.

  4. Stays informed on trends and developments in the local real estate market, as well as changing rules and regulations pertaining to both conventional and government-insured mortgages.

  5. Meets with customers in locations other than the personal residence of the loan officer.

  6. Acts as a role model and professionally represents MB Financial at work and in the community; takes action to establish and build our brand.

  7. Supports, enhances and helps lead within our MB Financial culture and role models within cultural values.

  8. Performs additional responsibilities as needed.

_For Remote Loan Officers, the following also applies:

  1. Maintain customer information by scanning into MB’s loan origination system and then shredding, utilizing the MB-provided shredder and/or shredding service. As a result, customer information will not be maintained at the personal residence of the loan officer.

Job Requirements:

  • Bachelor’s Degree or equivalent work experience

  • 3 to 5 years of related work experience

  • Financial services industry experience preferred

  • Demonstrated ability to exceed established sales goals

  • Enthusiastic, self motivated with ability to interpret and analyze customers’ needs on a continual basis

  • Excellent business development skills

  • Knowledge of systems including Microsoft Office suite and proprietary software products used in support of the business.

  • This position requires S.A.F.E. Act registration at the time of employment. The Nationwide Mortgage Licensing System (NMLS) web site (mortgage.nationwidelicensingsystem.org) provides the MU4R questions and registration required for employment in this position.

**Conditions (If Applicable):

Spends a majority (>50%) of time obtaining, marketing and building business relationships outside of the Company office, home or remote office (if applicable). Reliable transportation required for travel to meet with prospects and customers.

MB Financial is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.

As a part of the MB Financial hiring process all applicants will be required to submit to and pass a pre-employment urine drug screening.**