POST CLOSING SPECIALIST:
This position is responsible for conducting post-closing document review on funded loans and tracking trailing documents, Functions include ensuring completeness and accuracy of documents; requesting corrections from closing agents and title companies as required; imaging and filing necessary documents. The specialist works quickly, efficiently and accurately to assure all functions of the position, as described, are carried out according to the credit union’s set policies and procedures.
ESSENTIAL FUNCTIONS:
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Images mortgage loan closing packages.
- Reviews all closing documents for completeness and accuracy.
- Sets up and reviews first mortgage loans transferred to the FICS Mortgage Servicer system, assuring the information transferred is complete and accurate.
- Works with vendors to obtain the recorded deeds of trusts or mortgages, final title policies and any other required documents.
- Reviews and request corrections, if necessary, the recorded deeds of trusts or mortgages, final title policies and any other required documents on funded loans within the allotted time frames.
- Scans and stores any follow up documents for mortgage loans; documentations may include, but are not limited to: recorded mortgages, final title policies, and miscellaneous communication with members.
- Updates tracking information and completion dates in the LOS system
- Provides mortgage loan files for management, and annual regulatory reviews.
- Prepares monthly departmental reports and monitors daily reports for accuracy.
- Provides high quality service ensuring credit union staff receive the answers or assistance needed relating to post-closing.
- Distributes department mail.
ADDITIONAL RESPONSIBILITIES:
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
QUALIFICATIONS:
Knowledge Of:
- Credit Union’s products and services
- Credit Union policies and procedures pertaining to mortgage lending.
Ability To:
- Utilize the credit union's data processing capability in loading new loan information in the system.
- Operate the office equipment normally found in a lending operation, such as: adding machine, telephone, fax machine, photocopier, and personal computer.
- Operate a PC using the following software applications Windows, Outlook, Excel, and Word.
- Accurately process a steady workload under strict time constraints.
- Understand and interpret information required to remain in compliance with secondary market, credit union policies and all other rules and regulations pertaining to consumer real estate loans.
REQUIRED EDUCATION AND EXPERIENCE:
- High school diploma or general education degree plus two years of related mortgage experience and/or training.
License or Certificate:
- Bondable
- Acceptable Credit History
- Meet Requirements of the SAFE Act
Compensation & Benefits:
- Salary Range: $38,800-$58,100
- Health, Dental & Vision Benefits
- Bonus opportunity
- 401(k) with match and profit sharing
- Flexible Time Off
