Personal banking officer vs senior loan processor

Differences between personal banking officer and senior loan processor duties and responsibilities

Personal banking officer example responsibilities.

• Work one-on-one with clients to gather requirements and identify cross-selling opportunities and leverage customer leads and referrals to identify new prospects.
• Refer customers to bankers regarding any new accounts, investments, loans, reordering new checks and ATM cards.
• Cultivate relations with company business partners to identify and maximize cross-sell opportunities.
• Develop customer base through cross-selling products and servicing existing clients, develop new business through interaction with internal and external resources.
• Advise clients on financial products and services using knowledge of tax and investment strategies, securities, insurance and pension plans.
• Perform market analysis and research to identify target markets and partners.

Senior loan processor example responsibilities.

• Work knowledge of underwriting requirements for FNMA, FHLMC, FHA, VA, local bonding programs, and private investors.
• Monitor compliance with the regulatory and secondary markets guidelines with FNMA, FHLMC, VA, FHA investors and PMI loans.
• Process conforming, non-conforming, FHA, and VA files from the time of application to the day of funding.
• Analyze all pertinent financial and credit data to determine the loan risk for bank, VA, and investor guidelines.
• Process, close, and perform preliminary underwriting on conventional, FHA, and VA loans retail purchase and refinance.
• Create charts and client files using calyx system.
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