Job Description
Job Description
Job summary :
- Work with operations department to book new loan originations and modify existing loans.
- Assist with day-to-day loan processing responsibilities.
Summary of essential job functions :
Responsible for the reviewing and booking of all newly originated loans by utilizing loan documentation and verifying data points in our front-end sales system; Post funding reviews of all loans to ensure that established standards are met, and no critical data points are missing. Perform loan maintenance to the system to get the loan ready for billing, amortization, and ACH.Perform daily maintenance on an existing portfolio, process Modifications, Term Extensions, Amendments, and Risk Grading.Prepare and file UCC and mortgage lien releasesPrepare payoff quotes for borrowersPrepare monthly remittance reports for participated loansConfirm receipt of sales to a secondary market and book Investor Participation in our billing system.Back up for processing loan payments.Assist in the monitoring of the real estate taxes and insurance on loan collateral. Contacting customers for updated information.Work with third party vendors to ensure taxes and insurance are maintained.Education and / or Experience :
Proficient with Microsoft Office Applications and ability to navigate through multiple service applications.Knowledgeable in the loan operations workflow functions and understands the impact of each role within the departmentStrong loan documentation and payment processing knowledgeEffective organizational and decision-making skillsExcellent written and verbal communication skillsStrong analytical / problem-solving skillsAbility to work effectively in a fast-paced environment and works well under pressure while making sound rational decisionsAbility to maintain files and records.Ability to prioritize and perform multiple tasks.Language Skills :
Ability to read and comprehend instructions, short correspondence, and memos.Ability to write basic routine reports and correspondence.Ability to interact effectively with management, other employees, and customers as needed.Diplomacy in dealing with internal and external clients.Mathematical Skills :
Ability to perform basic calculations such as to add, subtract, multiple, and divide.Reasoning Ability :
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.Ability to review the information and solve problems quickly. Strong ability to manage time, achievement-oriented, takes initiative, and ability to take direction.Physical Demands :
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, feel and talk or hear. The employee is frequently required to stand and walk. The employee is occasionally required to reach with hands and arms; climb or balance and stoop, kneel, crouch, or crawl. The employee must frequently lift and / or move up to 10 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.
Work Environment
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. The noise level in the work environment is moderately quiet. We thrive in an environment that encourages hard work while having fun!
