What are the responsibilities and job description for the Mortgage Post Closing Manager position at Plains Commerce Bank, Inc.?
Mortgage Post Closing Manager
Position Purpose:
Manage post close and facilitate the sale of mortgage loans to the secondary market and assist with the Bank’s regulatory reporting process.
Qualities of the successful candidate include:
- Must be a mature, responsible individual with a professional appearance, be dependable and take pride in their work.
- Attention to detail is a must in this position.
- General PC knowledge and the Internet is required, must be capable of accurate typing, and learning various computer software programs.
- Familiarity with loan documentation requirements is needed.
- Must enjoy helping customers and fellow employees.
- Must be trustworthy and maintain a high level of confidentiality.
- Must be able to multi-task and work under stress and pressure.
- Must be able to communicate effectively, get along with co-workers and deal with colleagues effectively and professionally.
Responsibilities of this position include (but not limited to):
- Coordinate Training of Post Closing Associates.
- Coordinate intake of loans after closings.
- Coordinate MERS transfers.
- Coordinate delivery of loans to investors.
- Coordinate clearing of investor purchase conditions.
- Clear post-funding conditions (title policies, recorded mortgages, insurance documents, address/clear potential loan defects).
- Monitor loans Held for Sale balance.
- Resolve or escalate material deficiencies.
- Report material deficiencies to management, and coordinate refinances of unsellable loans.
- Supervise the work conduct of employees in the Post Close department.
We offer a competitive benefits package that includes Medical, Dental and Vision; FSA or Dependent Care; Supplemental Accident, Hospital, or Critical Illness Plans; Employer paid Life Insurance, Short Term Disability, and Long-Term Disability; and Additional Voluntary Life Insurance Options. Paid Vacation, Sick and Volunteer leave; 401K and Profit Sharing. As part of our employee benefits package, we offer exclusive perks such as discounted rates on banking and mortgage services, fee waivers, and access to special financial products. These benefits are designed to support your financial well-being as a valued member of our team.
Compensation for positions is based on the specific position and may be paid in the form of an hourly wage, overtime, a semi-monthly salary, commissions, or a combination of them. Depending on the specific position, some may be paid solely on commissions or others may include a bonus structure.
Plains Commerce Bank is an Affirmative Action/Equal Opportunity Employer committed to providing equal employment opportunity without regard to an individual’s race, religion, color, gender, national origin, ancestry, age, sexual orientation, disability, or veteran status.
