Olympia Federal Savings (OlyFed) · 1 day ago
Loan Officer
Tumwater,WA,US
Full-time
Onsite
Mid, Senior Level
3+ years expOlympia Federal Savings (OlyFed) is committed to providing high-quality service to its customers and communities. The Loan Officer will deliver knowledgeable service to loan customers, manage loan applications, and ensure compliance with lending regulations.
Financial ServicesInsuranceLendingWealth Management
Responsibilities
Advise individuals of OlyFed lending programs and quote loan interest rates and fees
Provide appropriate application forms and disclosures. Assist customers with completion
Request confidential financial and ECOA information from loan applicants, complying with state and federal lending regulations and Association loan policies
Analyze, evaluate, and prepare file for loan processing. Present or submit application and documentation to underwriting for loan decision and make recommendations
Prepare initial loan modifications for servicing. Input data for HMDA/LARS report maintenance
Prepare monthly cross-sales and transaction logs and other reports as necessary
Understand and refer association products and services
Actively network and promote products at community and Oly Fed sponsored events to facilitate growth, which are occasionally outside of normal working hours
Participate in community education outreach
Other duties as assigned
Qualification
Required
At least three years' experience as a mortgage loan officer or five or more years' experience in lending or a closely related field preferred
Demonstrated in-depth knowledge of lending in the Thurston, Mason, and Lewis County markets
Requires National Mortgage Licensing System and Registry (NMLS) Registration under the terms of the SAFE Mortgage Licensing Act. To be registered with OlyFed
Bachelor's degree or equivalent experience and training in a related field preferred
Must be bondable
Meet or exceed annual production goals as established by the Association
Excellent public and customer relations skills to effectively communicate with internal and external customers, determine their needs, and maintain their confidence
Thorough understanding of banking regulations and Association policies and procedures with demonstrated ability to interpret and apply policies and regulations quickly and independently
Organization and flexibility to prioritize workload in a fast-paced, customer-driven environment
Utilize analytical techniques and exercise independent judgment to identify strategies to solve problems and complex customer needs
Keep abreast of changing business and economic developments and real estate submarkets
Exercise customer confidentiality and discretionary judgment
Exceptional written and verbal communication skills including the ability to clearly communicate and explain complex banking, lending and legal regulations and documents
Proficiency in basic computer programs with ability to learn new software
Read, write, speak, and understand English well. Perform basic calculations
Travel to other OlyFed branches and community events
Preferred
At least three years' experience as a mortgage loan officer or five or more years' experience in lending or a closely related field preferred
Bachelor's degree or equivalent experience and training in a related field preferred
Benefits
Employees are covered by medical, dental, vision, basic life insurance and long-term disability.
Voluntary benefit coverage includes life insurance, AD&D, legal, accident, critical illness, hospital indemnity, and FSA.
Options for family coverage are available.
Employees can enroll in our company’s 401k plan.
We offer immediately vested 5% 401k match, as well as profit sharing.
Employees are eligible for annual incentive bonus.
Full-time employees will receive the following paid time off per month: 6.67 hours of vacation leave and 8 hours of sick leave.
In addition, the following paid time off per year: 11 paid holidays; a float holiday; a birthday holiday; 24 wellness hours; 16 volunteer hours.
Company
Olympia Federal Savings (OlyFed)
Olympia Federal Savings began in 1906 in downtown Olympia remaining a mutual savings and loan, owned by our account holders ever since.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Jennifer Arnold
EVP/Chief Operating Officer
Carrie A. Whisler, MBA
SVP/Chief Credit Officer
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