Wealth Management Lending Officer
Core
Develops and maintains a network of business relationships to generate referrals for new mortgage lending opportunities from Bank of America Merrill Financial Advisors, then manages the initial structuring, negotiation, and closing of residential mortgage loans for ultra-high net worth and affluent clients.
Role type
Senior IC wealth management lending officer (mortgage origination)
Builds
Residential mortgage loans and securities-based lending products for high-net-worth individuals
Domain
Banking / Wealth Management / Real Estate Lending
Deliverable
production ML models | product features | dashboards & analysis | research | client delivery | infrastructure | physical/clinical work
Required skills
Loan origination, client prospecting, deal negotiation, credit structuring, regulatory compliance (SAFE Act), relationship management, underwriting procedures, federal lending regulations
Preferred skills
FHA/HUD guidelines knowledge, Microsoft applications proficiency, adaptability, integrity
Technologies
Microsoft applications, laptop technology for accessing rate/credit/loan status
Responsibilities
Manage prospecting clients and initial loan structuring, negotiate lending terms and prepare documentation, maintain referral networks with financial advisors, guide clients through final approval and closing, maintain knowledge of lending programs and regulatory requirements
Seniority
Senior, hands-on IC