What are the responsibilities and job description for the Disclosure-Opening Coordinator position at NQM Funding, LLC?
NQM Funding, LLC aka Premier Mortgage Associates is a mortgage company with a 25-year history of helping people become new homeowners and refinancing others into a better financial situation. Serving clients needs is the core of our business. This basic principle of putting the client first is the reason we close loans based upon relationships, not leads. NQM Funding, LLC is not your typical mortgage company and our clients appreciate that.
Our Corporate Headquarters, located in Boca Raton, Florida, is looking to hire a Disclosure-Opening Coordinator.
ALL REMOTE POSITIONS REQUIRE A DOWNLOAD SPEED OF NO LESS THAN 50 MBPS.
Job Title: Disclosure-Opening Coordinator
Reports To: Disclosure Manager
FLSA Status: Non-Exempt
Department: Disclosure
Division: Retail/TPO
Salary Range: $35K to $50K
Summary: Review of all TRID required disclosures and RESPA requirements; Fee Validation; Ensures compliant disclosure throughout the loan process; completes tasked third-party service orders. Understand differentiation between Retail and TPO division requirements
Duties and Responsibilities include the following.
- Reviews and distributes initial disclosures to ensure that loan applicants receive complete and accurate disclosures in compliance with Federal and State regulation
- Validates and ensures fees entered by loan officer or by third party originator are accurate
- Reviews and validates file support documentation; completes scrub document detailing same
- Prepares and distributes initial disclosure packets to ensure that loan applicants receive complete and accurate disclosures in compliance with Federal and State regulations
- Sends requests/notifications to LO/LOA/processor (as appropriate) concerning required trailing documents or file errors
- Solicits instruction and direction from appropriate individual(s) on all files that require corrective action outside the Coordinators responsibility of capability
- Compliance review of all Loans using Mavent process
- Communication of Mavent Alert or Fail findings to appropriate individual(s)
- Monitors and tracks the pipeline of loans to ensure timeliness and accuracy of documents and provides additional processing for past due or untimely disclosures.
- Re-disclosure input; lost disclosure link solutions; manual fulfilment process
- Prepares and distributes changed disclosures via Changed Circumstance re-disclosure preparation, validation and Mavent review process
- Monitors and tracks the re-distribution of changed disclosures to ensure timely and accurate processing
- Process all required third-party services necessary for forward movement of loan
- Ordering & follow-up on Condominium Questionnaires; Verbal and Written Verification of Employment requests.
- Assist on Processor-generated requests related to the Disclosure/Opening or COC process
- Attend necessary training on changes for knowledge and skills
- Other assigned tasks or responsibilities that may not be delineated above
Skills:
Excellent Time Management
Aptitude for Critical thinking and problem- solving
Planning and organizing
Decision-making
Communication skills
Stress tolerance
Negotiation
Adaptability
Delegation
Positive can do attitude
Teamwork
Ability to complete assigned tasks in acceptable time frame
Conflict management
Ability to work with minimal supervision
Availability to work additional hours if requested
Education/Experience:
Degree: High School Diploma or Equivalent
Working knowledge of Word, PDF, Excel programs
Experience in Encompass LOS system preferred
Familiarity with Mavent compliance analysis required
NQM Funding, LLC offers the following benefits:
- Medical Plan
- Dental Plan
- Vision Plan
- GAP Insurance
- Life Insurance paid by the company
- Voluntary Life Insurance
- 401K
- Pet Insurance
- Legal Shield/ID Shield
Equal Employment Opportunity:
NQM Funding, LLC management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment.
NQM Funding, LLC will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.
NQM Funding, LLC will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to NQM Funding, LLC.
Salary : $35,000 - $50,000