PrivateBancorp, Inc. through its subsidiaries, delivers customized business and personal financial services to middle-market companies, as well as business owners, executives, entrepreneurs and families in all of the markets and communities we serve. We provide a comprehensive benefit package including paid vacation and holidays, 401(k) with employer match, insurance and EAP. Please visit our web site www.theprivatebank.com to learn more about The PrivateBank and Trust Company and PrivateBancorp, Inc. listed on NASDAQ PVTB. Equal Opportunity Employer, m/f/d/v.
The position can be described as junior mortgage loan originator. The candidate will be expected to initiate residential 1 st and 2 nd mortgage loans, either for purchase, refinance or new construction with the assistance of the Market Sales Manager. The Associate Loan Officer (ALO) will assist the MSM with loan origination activities, and will develop sales from the existing client/referral base. They will take direction from the Market Sales Manager with regard to new business generation activities, and will interface internally with Bank staff and externally with Realtors, CPA’s and other professionals. Compensation will be a combination of modest salary and commission.
Associate Loan Officer must be able to execute on the following:
Learn to develop loan production from external sources including financial planners, CPA’s, attorneys, real estate agents, etc.
- Learn secondary market underwriting and pricing guidelines, as well as Bank policy and procedure
- Coordinate activities among team members towards best execution mortgage practices
- Partner with internal staff, including commercial and consumer bankers, to support the cross-sell objectives of each group and deliver high quality service to the Bank’s clients and prospects
Required Skills (including PC software):
- Superior written and verbal communication skills, client service aptitude, analytical skills
- 3+ years experience in a professional environment (banking, law, accounting, finance, or other)
- Demonstrated success in sales environment
The PrivateBank - 23 months ago
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