Closer II, Rtl Loan Fund

PennyMacMoorpark, CA
83d$45,000 - $66,000Onsite

About The Position

Pennymac is (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. At Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture. Together, we work towards a unified goal of helping millions of Americans achieve aspirations of homeownership through the complete mortgage journey. Retail Loan Closer Funder II is responsible for the successful and compliant disbursement conclusion of the first mortgage loan closing process.

Requirements

  • Previous mortgage banking experience is preferred, with basic familiarity with the lending process from application through funding
  • Familiarity with Encompass loan processing software is a plus
  • Expected to develop a working knowledge of federal and state mandated consumer disclosures requirements (such as the Good-Faith-Estimate; the Mortgage Servicing Disclosure Statement; and Truth-In-Lending Disclosure Statement) and remain alert to consumer disclosure issues that arise during loan closing
  • Positive and cooperative attitude
  • Comfortable working in a fast-paced deadline oriented environment; enjoy multi-tasking; have the ability to change priorities quickly as time-sensitive needs arise; and are able to adapt to a fluctuating workflow, particularly during periods of high loan volume
  • Successful candidate will remain calm and courteous when dealing with impending deadlines
  • Must be highly proficient in Excel and Word
  • Must be a team player with strong attention to detail and able to work independently
  • Proven track record at delivering timely and accurate information in a fast-paced environment
  • Excellent critical thinking, problem solving, mathematical skills and sound judgment
  • Financial Services and, if possible, mortgage industry experience preferred
  • Strong business acumen and ability to interface with executive management

Responsibilities

  • Reviews executed loan closing documents
  • Verifies accuracy and consistency of specifications on documents
  • Ensures mortgage loans close in accordance with company and investor policies and requirements
  • Clears any Prior to Funding mortgage loan approval conditions
  • Orders the wire
  • Authorizes the disbursement of funds
  • Partners with the Closer - Doc Drawer to resolve outstanding account payables
  • Performs other related duties as required and assigned
  • Demonstrates behaviors which are aligned with the organization's desired culture and values

Benefits

  • Comprehensive Medical, Dental, and Vision
  • Paid Time Off Programs including vacation, holidays, illness, and parental leave
  • Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
  • Retirement benefits, life insurance, 401k match, and tuition reimbursement
  • Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships
  • We value the hard work and dedication of our employees. In addition to a competitive salary, positions may offer bonus opportunities.

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Industry

Credit Intermediation and Related Activities

Education Level

No Education Listed

Number of Employees

1,001-5,000 employees

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