Home Equity Closer/Funder III - OneAZ Credit Union

Summary

Supports a fast-paced Funding department responsible for processing HELOC and Fixed Equity applications received. Ensures duties are carried out in an efficient manner, while making sure compliance and Credit Union policies/guidelines are being followed. All while utilizing problem solving skills and making decisions to ultimately coordinate scheduling of members for loan execution which fund in the Loan Funding Department.

Essential Functions

• Reviews loan applications received from Virtual Team, validates stipulations, including but not limited to income, mortgage statements, final settlement statements, Divorce decree, Homeowners Insurance Declaration page, property tax statement, HOA statement, Solar Lease/ Finance Agreement, Payoff letters/Statements and Trust documents.
• Establishes a line of communication with members, third party vendors and associates throughout the loan process.
• Works with third party vendors to complete title requests. Review Title and handle title issues with third party title company to clear liens, judgements, UCC filings and other items that may prevent a lien in favor of OneAZ Credit Union.
• Supports internal email queue for all associates with questions regarding loan processing. Clarifies procedures and guidelines. Provide guidance with any loan inquiries to support a long-standing partnership.
• Provide support to review loan documents after signature at branches, to ensure complete accuracy and eliminate the need for a member to return for missed signatures or initials.
• Stay informed about processing standards, compliance and regulatory requirements to ensure you follow appropriate and up to date guidelines. This includes analyzing income, debt, credit history and other factors; working with underwriters as required.
• Assists Virtual Team and Underwriting team with Verification of Income for Consumer Applications (Auto, Visa, LOC's, Indirect loans and Personal loans).
• Works with third party vendors to complete Insurance request; making sure OneAZ Credit Union is listed properly under Mortgagee clause
• Verify loan input information for accuracy and completeness in LOS and Core system.
• Responsible to monitor and follow up according to established SLA's of your Personal Loan Queue; to obtain documentation to meet pre-closing conditions in a timely and efficient manner.
• Maintain and conduct yourself in a professional manner.
• Assists with other projects that may occur in the Loan Fulfillment department, including system upgrade testing, new lending products, promotions or procedures.
• Develops an understanding of Credit Union philosophy, organization, bylaws, and operational procedures and comply with the requirements of the Bank Secrecy Act, AML, OFAC and all other applicable State and Federal Financial Institution Regulations

Qualifications

This job description should not be considered all-inclusive. It is merely a guide of expected duties. The associate understands that the job description is neither complete, nor permanent and may be modified at any time. At the request of their supervisor, an associate may be asked to perform additional duties or take on additional responsibilities without notice. Complies with all policies and standards. Position grades could fluctuate based on market value.

Education

• High School Diploma Required
• Associate’s degree Two-year college degree Preferred or
• comparable experience in Mortgage processing and/or Closing

Experience

• 3 to 5 years of similar or related experience. Three to Five years related experience in Mortgage processing and/or Closing OR Home Equity Loans processing/closing Required

Knowledge, Skills and Abilities

• Thorough knowledge of Mortgage processing and/or Closing process and procedures. (High proficiency)

Licenses and Certifications

• NMLS within 30 Days Required

Why join the OneAZ team?

Our culture is one-of-a-kind! You’ll be joining a team of friendly, hardworking, helpful associates with the same mission guiding all that we do: We exist to improve the lives of our members, our associates and the communities we serve.

We are proud to be an equal opportunity employer and value diversity. We do not discriminate on the basis of race, color, religion, creed, national origin or ancestry, sex (including pregnancy), age, physical or mental disability, veteran or military status, genetic information, sexual orientation, gender identity, or any other legally recognized protected basis under federal, state, or local law.

We offer robust benefits including low-cost medical, dental and vision plans, gym reimbursement, paid parental leave, generous personal days and vacation time, and an award-winning 401(k) program among many others. Take a look at our career page for detailed benefit information:www.oneazcu.com/about/careers

Additional Notes:

Candidates for this position will be required to sign an authorization for OneAZ to conduct a credit and criminal background check, pursuant to procedures in the Fair Credit Reporting Act and any other applicable laws.

All candidates will be considered for this position on an individualized basis, in compliance with all applicable equal employment opportunity laws.

Ensures compliance with applicable policies, laws, and regulations, including the Bank Secrecy Act (BSA), Anti-Money Laundering (AML) compliance, USA Patriot Act, and Office of Foreign Assets Control (OFAC).

Any individual who meets the definition of a mortgage loan originator and is employed by a federal agency-regulated institution will need to be registered on NMLS.