Investor Delivery Specialist - City National Bank
Los Angeles, CA
About the Job
INVESTOR DELIVERY SPECIALIST
WHAT IS THE OPPORTUNITY?
The Investor Delivery Specialist is responsible for the timely delivery of mortgage loans to investors. They will work with internal and external contacts to clear conditions and/or provide required documents while prioritizing delivery by scheduled commitment delivery dates.
What you will do
+ Ensure proper documentation and data is delivered to investors accurately and timely for review and commitment funding
+ Proactively monitor commitment dates to ensure their review and certification occurs prior to the commitment delivery date
+ Works with collateral team to ensure all original collateral is sent to the investor timely
+ Responsible for knowing the loan delivery guidelines and meeting specific loan delivery requirements of each investor and their various systems
+ Responsible for reviewing and analyzing ULDD, uploading from the LOS and clearing edits
+ Monitor Loan Delivery Mandatory Trades and Best Efforts pipelines daily for upcoming lock expiration dates
+ Prepares all credit and closing document file bundles for investor delivery
+ Verifies that all files delivered previous day were delivered successfully
+ Works with internal operations teams to clear deficiencies as needed
+ Maintains current knowledge of industry, investor, and loan delivery guidelines/changes
+ Other duties as/or assigned by management
Must-Have*
+ H.S. Diploma
+ Minimum 3 years recent mortgage experience required
+ Minimum 2 years recent secondary/loan delivery experience required
Skills and Knowledge
+ Solid knowledge of and experience with industry technology tools including but not limited to: Fannie Mae Loan Delivery, UCDP, ULDD, and Microsoft Office
+ Ability to identify and resolve problems in a timely manner
+ Strong attention to detail and accuracy
+ Ability to maintain high levels of performance, especially in stressful situations
+ Ability to work in a fast-paced environment
+ Ability to handle multiple priorities at once and manage deadlines
+ Strong analytical and problem-solving ability
Compensation
Starting base salary: $24.46 - $36.69 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
*To be considered for this position you must meet at least these basic qualifications
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Benefits and Perks
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks (https://image.emails.cnb.com/lib/fe5e15707c640c78771c/m/10/cbedd856-c2fc-491b-a625-3ab7a0fd9a65.pdf) .
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.'
ABOUT CITY NATIONAL
We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.
WHAT IS THE OPPORTUNITY?
The Investor Delivery Specialist is responsible for the timely delivery of mortgage loans to investors. They will work with internal and external contacts to clear conditions and/or provide required documents while prioritizing delivery by scheduled commitment delivery dates.
What you will do
+ Ensure proper documentation and data is delivered to investors accurately and timely for review and commitment funding
+ Proactively monitor commitment dates to ensure their review and certification occurs prior to the commitment delivery date
+ Works with collateral team to ensure all original collateral is sent to the investor timely
+ Responsible for knowing the loan delivery guidelines and meeting specific loan delivery requirements of each investor and their various systems
+ Responsible for reviewing and analyzing ULDD, uploading from the LOS and clearing edits
+ Monitor Loan Delivery Mandatory Trades and Best Efforts pipelines daily for upcoming lock expiration dates
+ Prepares all credit and closing document file bundles for investor delivery
+ Verifies that all files delivered previous day were delivered successfully
+ Works with internal operations teams to clear deficiencies as needed
+ Maintains current knowledge of industry, investor, and loan delivery guidelines/changes
+ Other duties as/or assigned by management
Must-Have*
+ H.S. Diploma
+ Minimum 3 years recent mortgage experience required
+ Minimum 2 years recent secondary/loan delivery experience required
Skills and Knowledge
+ Solid knowledge of and experience with industry technology tools including but not limited to: Fannie Mae Loan Delivery, UCDP, ULDD, and Microsoft Office
+ Ability to identify and resolve problems in a timely manner
+ Strong attention to detail and accuracy
+ Ability to maintain high levels of performance, especially in stressful situations
+ Ability to work in a fast-paced environment
+ Ability to handle multiple priorities at once and manage deadlines
+ Strong analytical and problem-solving ability
Compensation
Starting base salary: $24.46 - $36.69 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
*To be considered for this position you must meet at least these basic qualifications
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Benefits and Perks
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks (https://image.emails.cnb.com/lib/fe5e15707c640c78771c/m/10/cbedd856-c2fc-491b-a625-3ab7a0fd9a65.pdf) .
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.'
ABOUT CITY NATIONAL
We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.
Source : City National Bank