Retail Banker Job Description A retail banker is someone who works in a bank that deals with consumer banking. A retail bank, also known as a community bank or a neighborhood bank, is a bank that primarily operates in a community or neighborhood. These banks specialize in either consumer or business banking. Unlike larger banks,…
Portfolio Manager Job Description A portfolio manager is a person who manages some type of investment portfolio on behalf of someone else, such as an individual or corporation, and receives compensation for doing so. Just as there are many different types of portfolio managers, there are also different types of investment portfolios, all of which…
Personal Banker Job Description A personal banker is a person who works with customers on a one-to-one basis to help meet their needs. Personal bankers are responsible for developing relationships with customers, understanding their needs, and recommending products and services that meet those needs. Job Brief: We’re looking for a Personal Banker to join our…
Mortgage Broker Job Description A mortgage broker helps consumers find and obtain a mortgage. The broker may work with individuals, small business, and/or residential real estate. A mortgage broker is not a lender. Instead, a mortgage broker may work with a lender and the prospective homeowner to select the best mortgage for their unique situation….
Mortgage Closer Job Description A mortgage closer is a real estate professional who helps facilitate the process of finalizing a mortgage. As the title suggests, a mortgage closer is tasked with closing a real estate transaction, and this closing usually happens after the purchase of the property, including arranging for the buyer’s mortgage, title insurance,…
Mortgage Loan Officer Job Description A mortgage loan officer is an impartial person who researches and assists people who are seeking mortgage loans. Loan officers are employed by banks and mortgage companies. They typically specialize in a particular type of loan, such as FHA or VA loans. Loan officers usually meet with prospective borrowers to…
Mortgage Loan Processor Job Description A mortgage loan processor is a person who processes mortgage loan applications. They receive loan applications, gather information, verify the information, and forward the application to underwriters for further processing. In addition, mortgage loan processors also follow up on loans that are in underwriting and final approval stages. They also…
Mortgage Processor Job Description A mortgage processor acts as a liaison between loan officers and lenders. A mortgage processor typically has a team of loan closer who work to process loans. A typical mortgage processor’s tasks include: Reviewing mortgage applications. Preparing documents and sending them to the lender. Communicating with borrowers regarding the status of…
Mortgage Underwriter Job Description An underwriter is a person that performs the functions usually performed by an insurance agent. They gather and process information, make business calls on prospective customers, and establish relationships with customers. In addition, underwriters are in charge of reviewing and approving potential insurance policies. Once applications have been received, the underwriter…
Loan Officer Job Description A loan officer is a person employed by a bank or other financial institution who offers and negotiates financial loans. Loan officers also assemble financial packages for consumers who wish to apply for loans. Loan officers typically hold bachelor’s degrees in business, finance, or economics, but nowadays many employers prefer applicants…
