Closing Assistant

 

Summary: 

This position is responsible for residential mortgage loan closing document preparation and coordination with National Title Companies or escrow agents to closing the Bank’s loan with the customer. This position is also responsible for the funding, balancing, and booking of the loan and delivery to the investor

 

Principal Accountabilities: 

• Prepare initial input and validation of all loan fees on Closing Disclosure for delivery to Client with goal to be delivery 7 days prior to estimated closing date
• Work closely with Closer and title companies to ensure closings are efficient and on-time
• Verbally verify wiring instructions prior to day of disbursement in preparation for wiring funds to title companies
• Validate wires to the title companies for disbursement of the loans while monitoring wire dashboard to ensure bot runs accordingly.
• Ensure title companies adhere to closing policies and procedures by reviewing documents after closing and communicating with title companies on follow up requirements needed
• Assist and back up with appraisal requests, monitoring and delivering as needed
• To assist other department and fellow team members with their workloads to ensure a smooth production flow for loan applications, closings and deliveries.
• Regular attendance required, working at the work site during regular business hours and/or assigned hours
• Other duties as assigned

Qualifications

 

Minimum Qualifications: 

The requirements listed below are indicative of the skills, knowledge and ability required for success in this position: 

• High school diploma or equivalent required; Bachelor’s Degree in related field preferred
• 2+ years mortgage lending experience or equivalent coursework preferred
• Possess the ability to use mortgage loan systems and software necessary to perform the duties.
• Must possess the interpersonal skills to communicate with customers, vendors and fellow employees in a courteous and professional manner always
• Proficiency in Microsoft Office (Excel, Outlook, Word)
• Must work well in a fast-paced environment
• Must be able to multi-task
• Must show strong initiative
• Possess good organizational skills
• Possess a substantial knowledge of guidelines, procedures and regulatory requirements for all types of loans offered by the Bank
• Possess the ability to use mortgage loan systems and software necessary to perform the duties
• Excellent oral and written communication skills
• Strong customer service skills 

 

Physical Requirements:

The work environment is typical of a standard office setting. The position is sedentary, exerting 0 – 10 lbs. of force occasionally and/or a negligible amount of force frequently. It involves sitting most of the time but may also involve walking or standing for brief periods of time. Reaching may be required involving extending arms in any direction. Office equipment, such as a computer and telephone will be used requiring the use of hands and fingers to manipulate a keyboard or keypad. Visual ability to read a computer screen or written documents is necessary. Speaking ability to express or exchange ideas; impart oral information to customers or to the public; or convey detailed or important spoken instructions by means of the spoken word is required.  Hearing is necessary to receive detailed information through oral communication.