Wealth Management Lending Officer-Chicago North Branch
Northbrook (Cook County) Accounting / Management control
Job description
Job description
Job Description:
The Wealth Management Lending Officer (WMLO)
continually identifies, develops and maintains a quality
network of business relationships and relationships with
assigned Merrill Lynch Financial Advisors that serves
as a recurring source of referrals for new mortgage
lending opportunities. The WM LO is aligned to a group
of Merrill Lynch Financial Advisors within a Merrill Lynch
Market. A WM LOs network may consist of Real Estate
professionals, Builders, professional and personal
contacts, as well as other valuable referral sources, and
is enhanced by the Wealth Management Lending Officers
regular participation in business related development
opportunities, community efforts to promote homeownership
and professional organizations. The WM LO responds to
customer inquiries and referrals that are generated from
both their own contacts and from their aligned Merrill Lynch
Financial Advisors. The WM LO conducts interviews with
prospective borrowers in order to analyze financial and
credit data, determine customer financing objectives, advise
customers of product/pricing policies and guidelines, and
gather any additional required information. The WM LO
ensures exceptional customer service by maintaining
thorough knowledge of lending programs, policies,
procedures and regulatory requirements, demonstrating
a commitment to professional ethics, complying with all
Federal and State compliance policies and adhering to
HMDA requirements. This position is subject to SAFE
Act registration requirements. Pursuant to the SAFE Act
requirements, all employees engaged in residential loan
mortgage originations must register with the federal registry
system and remain in good standing. Since your position
requires SAFE Act registration, you will be required to
register and to submit to the required SAFE Act background
check and registration process. Failure to obtain and/or
maintain SAFE Act registration may result in your immediate
termination.