What are the responsibilities and job description for the Mortgage Loan Operations Specialist position at Dacotah Banks?
Job Summary
The Mortgage Loan Operations Specialist supports the residential lending function by preparing documents, onboarding, servicing, and imaging residential real estate loan documents.They will perform tasks related to residential real estate loans and are responsible for various reporting functions and administrative tasks to support the Credit Operations Department.
Essential Functions
- Accurate and timely preparation of residential real estate loan documents along with review functions to ensure compliance with regulatory requirements and bank policies.
- Onboarding and servicing functions related to residential real estate loans on the bank’s core system.This includes maintenance functions, processing payments, reviewing various notices and reports, and checking back the prior day’s work.
- Responsible for storing documents and configuring residential real estate loans in the document imaging system.
- Works with various investors and servicers on loan delivery.Reviews mortgage filings, title work and searches to ensure collateral is perfected and lien position is maintained.
- Researches investor / insurer guidelines to ensure compliance with requirements.Work with customers with escalated issues, counsel delinquent borrowers on repayment options, work with foreclosures of property. Prepare and distribute payoff quotes and order documents from investors.
- Perform tracking functions to ensure current insurance coverage and real estate taxes are paid current. Will also review private mortgage insurance coverage, MERS, and forced placed insurance.
- Assists with creation and maintenance of procedural documents related to job functions.
- Performs administrative functions as needed and other duties as assigned.
Qualifications
The Mortgage Loan Operations Specialist will need to be self-motivated, detail-oriented and have excellent organizational, communication, and customer service skills.Must view oneself as part of an overall team which includes supporting others within the department.Must work well with deadlines, be able to multitask, and work independently.Must have a high regard for details, be able to detect errors and follow through on corrections.Must be willing and able to adapt to change, have a general understanding of the lending function, and possess general knowledge of computer software applications including the bank’s loan platforms. Banking experience or knowledge is preferred.
Scheduled Working Hours : Monday-Friday 8 : 00 a.m. to 5 : 00 p.m.
We offer the opportunity for career growth and development in a professional and pleasant working environment. We offer a competitive salary and exceptional benefits package including :
Qualifications
Skills
Required
Work in Fast Paced Environment
Advanced
Customer Service
Advanced
Organization
Advanced
Oral and Written Communication
Advanced
Adaptable
Intermediate
Microsoft Office
Intermediate
Maintain Confidentiality
Expert
Behaviors
Required
Team Player
Works well as a member of a group
Detail Oriented
Capable of carrying out a given task with all details necessary to get the task done well
Dedicated
Devoted to a task or purpose with loyalty or integrity :
Motivations
Required
Self-Starter
Inspired to perform without outside help
Ability to Make an Impact
Inspired to perform well by the ability to contribute to the success of a project or the organization :
Education
Experience
Preferred
1 year :
Banking Related Experience
Licenses & Certifications
