JOB REQUIREMENTS: FLSA: Non-Exempt Hours: Monday - Friday 8:00 5:00
SUMMARY The Mortgage Loan Officer (MLO) is responsible for originating
residential mortgage loans through relationship-based sales, referral
development, and community engagement within an assigned market area.
The MLO manages the loan relationship from initial borrower contact
through application and underwriting submission, serving as the primary
point of contact for borrowers, Realtors, attorneys, and referral
partners. The MLO is accountable for the accurate collection of borrower
information, preparation of required disclosures, and compliance with
all applicable federal and state regulations, including TRID. This role
works in close partnership with Processing, Underwriting, Closing, and
Mortgage Operations to ensure loans are originated accurately, disclosed
properly, and delivered efficiently while maintaining a high-quality
borrower experience. ESSENTIAL DUTIES Loan Origination & Relationship
Management - Generate self-sourced mortgage loan applications through
Realtors, builders, financial centers, community involvement, and other
referral sources. - Conduct borrower consultations to assess financial
needs, explain loan options, and recommend appropriate mortgage
products. - Serve as the primary relationship manager for borrowers and
referral partners throughout the loan origination process. - Maintain
strong communication with Realtors, attorneys, and other transaction
participants to support timely closings. Application Intake &
Documentation Accuracy - Complete and submit mortgage loan applications
using the bank\'s Loan Origination System (LOS). - Collect, review, and
validate borrower-provided documentation for completeness, consistency,
and accuracy prior to submission to Processing. - Ensure borrower
information, loan terms, and application data accurately reflect
borrower intent at time of application. - Monitor applications and
supporting documentation to identify red flags and mitigate potential
fraud risk. Disclosures & TRID Accountability - Prepare and issue
required initial and subsequent loan disclosures, including Loan
Estimates, in compliance with TRID timing and content requirements. -
Maintain responsibility for the accuracy of disclosed loan terms, fees,
and program selection based on information known at time of
disclosure. - Communicate changes in loan terms, fees, or structure
promptly to Processing and Closing to ensure timely redisclosure when
required. - Partner with Processing and Closing to resolve
disclosure-related discrepancies and tolerance concerns. - Maintain
documentation supporting disclosure decisions and changes. Pipeline
Management & Cross-Functional Coordination - Actively manage assigned
loan pipeline to ensure timely movement from application through
underwriting and closing. - Coordinate closely with Processors to
resolve documentation needs and borrower follow-up. - Collaborate with
Underwriters to clarify loan structure, conditions, and borrower
scenarios. - Support Closers by ensuring loan terms and disclosures
accurately reflect final approved structure. - Escalate complex or
time-sensitive files to Mortgage Operations leadership when appropriate.
LOS Proficiency & Continuous System Readiness - Maintain a working
knowledge of the bank\'s Loan Origination System (LOS) and related
mortgage technology platforms. - Stay current on LOS enhancements,
updates, workflow changes, and new functionality impacting loan
application, disclosures, and pipeline management. - Participate in
required system training and updates related to LOS enhancements. -
Apply new system functionality accurately to support disclosure
compliance, data integrity, and operational efficiency. - Escalate
system-related issues that may impact loan accuracy, disclosures, or
borrower experience. Compliance, Quality & Performance Expectations -
Ensure all origination activities comply with bank policies and
applicable federal and state regulations. - Maintain accurate
production, pipeline, and sales activity reporting. - Meet or exceed
minimum production standards and performance metrics established by
management. - Participate in audits, quality control reviews, and
regulatory examinations as required. - Represent the bank professionally
in the community and marketplace. SUPERVISORY RESPONSIBILITY The
position of the Mortgage Loan Officer is not responsible for the
supervision of any employee(s). MINIMUM REQUIREMENTS These
specifications are general guidelines based on the minimum experience
normally considered essential to the satisfactory performance of this
position. The requirements listed below are representative of the
knowledge, skill and/or ability required to perform the position in a
satisfactory manner. Individual abilities may result in some deviation
from these guidelines. Bachelor\'s degree is preferred or equivalent job
experience and education. Two years prior experience originating
Conventional and Government loan products in a Secondary Market
Environment Proficient math skills; calculate interest and balance
accounts; adds, subtract, multiply and divide in all units of measure,
using whole numbers common fractions and decimals; locate routine
mathematical errors. Effective oral, written and interpersonal
communication skills with the ability to apply common sense to carry out
instructions, interpret documents, understand procedures and write
reports and correspondence. Proficient computer skills including
Microsoft Office Suite, and other mortgage and banking software Ability
to deal with routine problems involving multiple facets and variables in
non-standardized situations Effective organizational and time management
skills Proficient knowledge of related state and federal banking
compliance regulations, and other SVB lending policies Current driver\'s
license and a vehicle with appropriate insurance coverage if required to
drive in the course of performing assigned duties and responsibilities.
The incumbent must be able to perform this position safely, without
endangering the health or safety to him/herself or others. Sauk Valley
Bank is an Equal Opportunity Employer. SVB is committed to the provision
of equal opportunity employment for all qualified persons in all job
classifications in recruitment, selection and promotion without regard
to race, color, religion, gender, gender identity, sexual orientation,
parental status, national origin, age, disability, military status,
veteran status or any other protected status. Submission of this
information is voluntary and is not considered in employment decisions.
This information will be kept separate from the employment files and is
considered confidential. Sauk Valley Bank offers medical, short term
disability, long term disability, life, vision, dental and 401K benefits
to all full time positions. PTO will vary depending on the level of the
position. This position is eligible for incentive. Management reserves
the right to change this position description at any time according to
business needs.Salary Range: \$25.00 - \$31.00 hourly depending on
experience. March 31, 2026 PI286898902 *** APPLICATION
INSTRUCTIONS: Apply Online:
https://www.click2apply.net/WRVrwGi7Qrb1RFEOPhBp1Y
