Closing Settlement Specialist

Mid Penn Bank - Millersburg Branch•Conshohocken, PA

5h•Onsite

About The Position

A great banking experience starts with a great team! Mid Penn Bank is actively seeking a Closing Settlement Specialist to join our team. We believe that our ongoing success depends upon a skilled, satisfied and valued work force. As a member of our team, you can expect opportunities to develop your skills to help you excel in your role and achieve your professional career goals. We offer a comprehensive range of flexible benefits to support your personal and financial well-being.

Requirements

A high school diploma or equivalent with an emphasis in business curriculum.
A minimum of two (2) years’ related experience normally required.
Proficient reading, writing, grammar, and mathematics skills.
Proficient interpersonal relations and communicative skills.
Proficient PC skills.
Proficient typing and word processing skills.
Ability to sit, stand, walk, bend, stoop, reach with hands or arms, use hands to manipulate objects, handle or feel, and lift items weighing 20 lbs. or less.
Visual, auditory and speaking skills.
Must be authorized to work in the United States without sponsorship for a work visa by Mid Penn Bank currently or in the future.

Responsibilities

Tracks closing dates on all new mortgages to assure closing dates met.
Prepares loan closing documents for portfolio and sold loans.
Works with attorneys, title companies, and borrowers to coordinate closings, and make sure all necessary mortgage documentation is completed and delivered in a timely manner.
Reviews all mortgage files for proper compliance disclosures, signatures, and documentation prior to closing.
Assists with obtaining loan conditions.
Confirms closing dates and times with settlement agents, loan officers and borrowers.
Tracks and reviews title package, home owners insurance and loan conditions.
Adheres to all TRID rules and regulations when preparing/distributing initial and final closing disclosures.
Completes and distributes the Closing Disclosure and/or reviews Closing Disclosures when received from attorney or Title Company for accuracy prior to distribution. Responsible for balancing the closing disclosure before closing and generate the closing package.
When necessary, makes corrections to closing documents and gets corrected documents signed and processed in a timely manner.
Verifies settlement company wire instructions and prepares necessary Loan Disbursement wires and General Ledger transactions (TMS) for loan funding.
Orders all portfolio loan payoffs and home insurance when necessary.
Obtains verbal verifications of employment, OFAC clearance and submits UCD information as required.
Inputs loan closing information on investor website in a timely manner to insure the investors purchase all secondary market loans. May need to obtain specific documents for closing on the investor websites.
Maintains flexibility and multi-tasking skills at all times. Assists with whatever is necessary to get the loan files cleared for closing.
Maintains appropriate records and provides assigned reports.