Mortgage LoanProcessor II - City National Bank
Los Angeles, CA
About the Job
MORTGAGE LOANPROCESSOR II
WHAT IS THE OPPORTUNITY?
The Mortgage Loan Processor II is responsible for managing a pipeline of purchase and/or refinance transactions. The Mortgage Loan Processor II is also responsible for ensuring closing dates are met or exceeded, following up on conditions as needed, completing all re-disclosures in accordance with regulatory service levels, and working in a team environment from the initial decision to the final approval.
What you will do
+ Review loan decisions to determine what documents are required to move to closing.
+ Utilize pipeline reports to effectively manage and prioritize daily work flow.
+ Responds to business partners' e-mails, questions, and phone calls.
+ Manages to key dates, such as but not limited to - rate lock expiration, contingency date, contract date, credit expiration, income expiration, asset expiration, and TRID.
+ Ensures all parallel support models such as HOI, Flood, Title, & Project Approval are seamlessly moving through the process.
+ Prepares, validates, communicates and delivers any and all Revised Loan Estimates in accordance with regulatory service levels.
+ Acts as the primary liaison between Sales, Title, Escrow & Centralized Services.
+ Effectively manage a pipeline of 25-40 loans.
+ Works with the Loan Officer & Loan Officer Assistant to collect all conditions through final approval.
+ Remain accountable for all loan files once they are received from sales.
+ Ensure all initial reviews & follow ups occur within the established SLA.
+ Maintain current knowledge of CNB guidelines and loan programs.
+ Other duties as/or assigned by management.
Must-Have*
+ Minimum 2 years of mortgage loan processing experience required.
+ Minimum 2 years of experience of state and federal lending regulations (e.g. RESPA, Reg Z, ECOA, TRID) required
Skills and Knowledge
+ 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.
+ Strong knowledge of federal/state regulatory requirements. (TRID Experience Required)
+ Excellent written and verbal skills
+ Excellent organizational skills
+ Ability to multi-task and work in a deadline driven environment
+ Proficient PC skills, including Microsoft Office and Loan Originations Systems.
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 Mortgage Loan Processor II is responsible for managing a pipeline of purchase and/or refinance transactions. The Mortgage Loan Processor II is also responsible for ensuring closing dates are met or exceeded, following up on conditions as needed, completing all re-disclosures in accordance with regulatory service levels, and working in a team environment from the initial decision to the final approval.
What you will do
+ Review loan decisions to determine what documents are required to move to closing.
+ Utilize pipeline reports to effectively manage and prioritize daily work flow.
+ Responds to business partners' e-mails, questions, and phone calls.
+ Manages to key dates, such as but not limited to - rate lock expiration, contingency date, contract date, credit expiration, income expiration, asset expiration, and TRID.
+ Ensures all parallel support models such as HOI, Flood, Title, & Project Approval are seamlessly moving through the process.
+ Prepares, validates, communicates and delivers any and all Revised Loan Estimates in accordance with regulatory service levels.
+ Acts as the primary liaison between Sales, Title, Escrow & Centralized Services.
+ Effectively manage a pipeline of 25-40 loans.
+ Works with the Loan Officer & Loan Officer Assistant to collect all conditions through final approval.
+ Remain accountable for all loan files once they are received from sales.
+ Ensure all initial reviews & follow ups occur within the established SLA.
+ Maintain current knowledge of CNB guidelines and loan programs.
+ Other duties as/or assigned by management.
Must-Have*
+ Minimum 2 years of mortgage loan processing experience required.
+ Minimum 2 years of experience of state and federal lending regulations (e.g. RESPA, Reg Z, ECOA, TRID) required
Skills and Knowledge
+ 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.
+ Strong knowledge of federal/state regulatory requirements. (TRID Experience Required)
+ Excellent written and verbal skills
+ Excellent organizational skills
+ Ability to multi-task and work in a deadline driven environment
+ Proficient PC skills, including Microsoft Office and Loan Originations Systems.
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