What are the responsibilities and job description for the Wholesale Account Manager position at FundLoans?
This is not a remote position.
FundLoans is a wholesale and correspondent lender looking for an Account Manager (AM) who will provide processing and sales support for loan submissions received from Wholesale Mortgage Brokers. The Account Manager will work with assigned Account Executives and Brokers to facilitate the management of loan applications from submission through funding.
Check out what makes working for FundLoans so special!
No recruiters please.
Duties :
- Acting as a point of contact between the client broker and other Company employees while a loan is in process
- Assisting with the registration of a new loan submission; setting up the loan file in the loan origination system
- Running and / or verifying credit reports; using fraud tools; indexing and stacking the loan file; pulling and / or verifying flood certifications; reviewing appraisals
- Ensuring compliance with TRID in regards to initial disclosures, re-disclosures, approval letters, docs, closing disclosures, cancellations, and declinations
- Monitoring incoming documents from client broker; verifying data collected and submitted by client brokers
- Obtaining necessary conditions from client brokers and clearing any such conditions prior to closing as may be required by the Company’s underwriting department
- Proactively monitoring Company pipeline to ensure the timely funding of loans
- Communicating frequently with the Company’s Account Executives regarding their pipelines and client brokers
- Entering required data into the Company’s computer system(s) and maintaining / ensuring the accuracy of said data
- Informing client brokers and Account Executives about any discrepancies in the loan file, including issues with title, appraisals, credit, employment, income, etc.
- Ordering verifications of employment and any other items necessary for the prefunding and underwriting processes
- Assisting departmental support staff as necessary
- Performing other related tasks as assigned
Qualifications :
BANK SECRECY ACT REQUIREMENTS
Responsible for adhering to the reporting and recordkeeping requirements of the Bank Secrecy Act and Anti-Money Laundering rules and regulations, observing economic sanctions by prohibiting transactions as specified by the Office of Foreign Asset Control (OFAC), following the bank's customer identification program (CIP) rules, observing all Bank policies and procedures relating to BSA, OFAC, CIP, and related acts, and participation in ongoing related training.
WORK CONDITIONS
Standard office environment with a moderate noise level.
PHYSICAL DEMANDS
While performing the duties of this job, the employee is :
FundLoans does not and shall not discriminate based on race, color, religion, gender, gender expression, age, national origin (ancestry), disability, marital status, sexual orientation, or military status, in any of its activities or operations. FundLoans is an equal employment opportunity employer. We support diversity for the benefit and advancement of our employees, products, and clients we serve.
Note : This job description is not intended to be all-inclusive. Employee may perform other related duties as negotiated to meet the ongoing needs of the organization.
Job Type : Full-time
Pay : $30.00 - $34.00 per hour
Expected hours : 40 per week
Benefits :Schedule :
Supplemental Pay :
Experience :
Salary : $30 - $34
