MLO/Wholesale Account Executive

Royal Business Bank
US - California - Los Angeles
January 24, 2025
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JOB SUMMARY

Responsible for business development from retail clients and mortgage brokers. The MLO/Wholesale Account Executive will be responsible for the residential loan production for the state of Arizona.

DUTIES

Responsible for business development from retail clients (bank branches/real estate companies and other sources) and mortgage brokers (Wholesale Lending) to generate new mortgage loans.
Respond to customer inquiries and referrals that are generated from own contacts and from other business channels.
Conduct interviews with prospective borrowers in order to analyze financial and credit data, determine customer financing objectives, advice customers of product/pricing policies and guidelines, and gather any additional required information.
Provide complete loan applications to processing personnel.
Ensure exceptional customer service by overseeing loan process from origination to close and providing on-going communication to customers and business partners.
Coordinate and review loan documentation for loan closing.
Assist manager in implementing business plan and marketing strategy to achieve the Bank's financial objectives and CRA goals.
Cross sell other bank products and services.
Provides leadership, training and support to less experienced staff members in the department.
Perform other duties as assigned.

QUALIFICATIONS

EDUCATION: College degree preferred.
EXPERIENCE: Minimum 3 years of experience in originating mortgage loans with a track record of business development.

SKILLS/ABILITIES

Extensive knowledge of mortgage loan and government lending guidelines
strong business development skills
PC proficient in Word and Excel and Encompass
Excellent verbal and written communication skills
Bilingual in Mandarin is required.

$2,000 base salary/month plus commission

WHY WORK FOR US?

Since opening our first branch in Los Angeles in 2008, Royal Business Bank (RBB) has grown rapidly by adding branches in Southern California, Nevada, New York, New Jersey, Chicago, and Hawaii. We offer a comprehensive and innovative suite of banking services for individuals and businesses. We have great benefits that include, but not limited to:

Medical insurance
Vision insurance
Dental insurance
401(k)
Disability insurance

Royal Business Bank may collect personal information from potential job candidates and applicants. For more information on how we handle personal information and your applicable rights, please review our Privacy Policies(GLBA Privacy Notice, California Consumer Privacy Act and Online Privacy) at our website ***. Royal Business Bank is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.

Read the full job description and apply online on the recuiter's web-site

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