What are the responsibilities and job description for the Mortgage Loan Processor position at Union State Bank - Kansas/Oklahoma?
Benefits:
Reports To: Director of Mortgage Processing and Servicing
Status: Hourly; Non-Exempt
Location: Wichita, KS (Not Remote)
Position Summary: To perform duties related to the processing and preparation of mortgage loan disclosures, documents, and/or review pre- and post-closing documents. Position is primarily focused on ensuring data integrity and quality of loan information while providing back-office support to loan officers to facilitate a smooth and timely loan closing. To maintain exceptional customer relations, provide timely assistance and promote Bank products and services whenever possible.
Principal Responsibilities and Duties:
Education and Experience Requirements: High school graduate or equivalent required. Two years of mortgage loan processing experience required. Experience with Encompass preferred. Understands Federal, State and Union State banking rules and regulations.
Specific Skills Required: Ability to communicate, written and verbal, effectively with people both internally and externally. High degree of accuracy and attention to detail with the ability to handle multiple tasks and meet deadlines. Ability to identify and resolve problems. Organizational and time management skills. Ability to work with all levels within the organization. Basic computer skills to include proficiency in Microsoft Office Suite. Able to handle confidential information and positively represent the company. Must be able to qualify for NMLS certification.
Competencies: Communication, teamwork, critical thinking, decision making, and strong collaboration.
System Accesses: FiServ Precision, Encompass, LaserPro, ProSign Online, Baker Hill, Microsoft Office Suite.
Equipment Used: Office equipment which includes computer, multi-line phone system, multi-function unit, etc.
Working Conditions: Work is performed in an office environment. Prolonged (90%) sitting and periodic (less than 10% of the time) physical exertion to manually move, lift, carry or push heavy objects or materials weighing up to 50 pounds; Constant and repetitive use of arms and hands below shoulder level for computer usage; This position exists in an office environment requiring the individual to perform normal activities including, but not limited to, lifting, filing and retrieving, operating office equipment, etc. Travel between locations may be required.
This job description describes the general nature and level of work performed by the employee assigned to this position. Responsibilities and duties describe those functions considered essential to the performance of the job. This description does not state or imply that these are the only duties and responsibilities assigned to the job. The employee may be required to perform other job-related duties as requested by their supervisor. All requirements are subject to change over time, at the discretion of your supervisor, and to possible modification to reasonably accommodate individuals with a disability.
Union State Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender, identity, age, disability, or status as a protected veteran.
- Life Insurance
- Long Term Disability Insurance
- ESOP
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Reports To: Director of Mortgage Processing and Servicing
Status: Hourly; Non-Exempt
Location: Wichita, KS (Not Remote)
Position Summary: To perform duties related to the processing and preparation of mortgage loan disclosures, documents, and/or review pre- and post-closing documents. Position is primarily focused on ensuring data integrity and quality of loan information while providing back-office support to loan officers to facilitate a smooth and timely loan closing. To maintain exceptional customer relations, provide timely assistance and promote Bank products and services whenever possible.
Principal Responsibilities and Duties:
- Reviews initial loan application and/or engagement forms received and works with loan officer and borrower to gather appropriate documentation for mortgage loans
- Preparation and delivery of loan disclosures
- Orders necessary third party services for loan processing (title insurance, closing, appraisal, PMI, etc)
- Evaluates borrower income and liabilities to ensure compliance with underwriting standards
- Provides loan officer support to clear underwriting requirements
- Ensures appropriate underwriting standards are followed
- Ensures that approval falls within the established lending guidelines
- Communicates with other professionals, including attorneys, county clerks, insurance agents/companies, and title companies, as necessary to facility the processing of loans
- Conducts pre-closing file review to ensure appropriate underwriting standards are followed
- Prepares mortgage loan documents for loan closings. Review for accuracy to facilitate timely loan closing
- Communicates suspected fraud and or discrepancies to the department manager and/or fraud department as applicable
- Recognizes and maintains adherence to compliance with all banking regulations and laws, including those for consumer protection and the BSA/AML Program at all times
- Provides back-up to other loan processors as needed
- Maintain a high level of customer service through proactive communication with internal customers, i.e. loan officers, assistants, and other team members
- Works in a team environment in an effort to achieve overall bank goals and objectives
- Ensures loan quality and data integrity through administering the conversion and ongoing imaging process and review of post loan documentation
- Performs daily functions related to daily tracking items in the mortgage lending process.
- Coordinates with investors on secondary market loans, including rate locks, reporting, and funding requests.
- Provides daily updates to loan staff regarding exception items
- Manages and understands collateral perfection processes such as UCC and mortgage filings.
- Works within a designed process centered on the functionality of computer software
- Provides support to other team members as assigned by Department Head
- Completes assigned daily and weekly reporting tasks to support department operations.
- Provides back-up support to Mortgage Servicing Specialist as needed
- Performs other duties as may be required or assigned
Education and Experience Requirements: High school graduate or equivalent required. Two years of mortgage loan processing experience required. Experience with Encompass preferred. Understands Federal, State and Union State banking rules and regulations.
Specific Skills Required: Ability to communicate, written and verbal, effectively with people both internally and externally. High degree of accuracy and attention to detail with the ability to handle multiple tasks and meet deadlines. Ability to identify and resolve problems. Organizational and time management skills. Ability to work with all levels within the organization. Basic computer skills to include proficiency in Microsoft Office Suite. Able to handle confidential information and positively represent the company. Must be able to qualify for NMLS certification.
Competencies: Communication, teamwork, critical thinking, decision making, and strong collaboration.
System Accesses: FiServ Precision, Encompass, LaserPro, ProSign Online, Baker Hill, Microsoft Office Suite.
Equipment Used: Office equipment which includes computer, multi-line phone system, multi-function unit, etc.
Working Conditions: Work is performed in an office environment. Prolonged (90%) sitting and periodic (less than 10% of the time) physical exertion to manually move, lift, carry or push heavy objects or materials weighing up to 50 pounds; Constant and repetitive use of arms and hands below shoulder level for computer usage; This position exists in an office environment requiring the individual to perform normal activities including, but not limited to, lifting, filing and retrieving, operating office equipment, etc. Travel between locations may be required.
This job description describes the general nature and level of work performed by the employee assigned to this position. Responsibilities and duties describe those functions considered essential to the performance of the job. This description does not state or imply that these are the only duties and responsibilities assigned to the job. The employee may be required to perform other job-related duties as requested by their supervisor. All requirements are subject to change over time, at the discretion of your supervisor, and to possible modification to reasonably accommodate individuals with a disability.
Union State Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender, identity, age, disability, or status as a protected veteran.
