Distributed Mortgage Loan Senior Processor

Northwest Bank•Columbus, OH

About The Position

The Distributed Mortgage Loan Processor is responsible to process residential mortgage loan applications in accordance with internal policies and procedures, secondary market guidelines, as well as relevant government regulations and procedures. Essential Functions Ensure compliance with third party vendors and total document and data integrity Manage personal workload/workflow Interact with Mortgage Loan Originators, Loan Production Assistants and other members of the fulfillment team on a daily basis Obtain original information and documentation from Mortgage Loan Originators (MLOs) and Loan Production Assistants for underwriting review Interact with third-party vendors to acquire verifications, appraisals, title work, flood zone determinations, insurance documentation, payoffs, tax transcripts and other reports as needed for each loan file Organize, review and validate all loan file documentation for completeness and quality to ensure that the file is ready for submission Manage a pipeline of working loan files to ensure loan files move through processing and closing in a timely manner Update data in the Encompass loan origination system to ensure all file information is current and accurate Process loan files in compliance with Northwest policies, regulatory guidelines, investor and industry standards Maintain current knowledge of mortgage loan programs, procedures and guidelines Additional Essential Functions Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency Work as part of a team Work with on-site equipment Additional Responsibilities Complete special projects as requested Safety and Health for those without supervisory duties Abide by the rules of the safety and loss prevention program Perform work tasks in a safe manner Report any and all injuries to supervisor Know what to do in case of an emergency

Requirements

3 - 5 years of experience in the mortgage industry
2 - 6 years of experience demonstrating success processing mortgage loans for a financial institution
Ability to establish effective working relationships among team members and participate in solving problems and making decisions
Ability to present and express ideas and information clearly and concisely in a manner appropriate to the audience, whether oral or written
Ability to actively listen to what others are saying to achieve understanding, sharing information with others and facilitating the open exchange of ideas and information
Ability to establish courses of action for self to accomplish specific goals, develop and use tracking systems for monitoring own work progress, and effectively use resources such as time and information
Ability to make right decisions based on perceptive and analytical processes, practicing good judgment in gray areas
Knowledge of banking industry laws, regulations and the retail origination process.
Knowledge of conventional, government loan products and guidelines including Fannie Mae, Freddie Mac, FHA, USDA-Rural Housing and VA loans.
Excellent verbal and written communication skills with the ability to work closely with other team members.
Proficient organizational and multi-tasking skills with attention to detail, accuracy and thoroughness.
Ability to work in a fast-paced high production environment.
Ability to work collaboratively and manage multiple deadlines and priorities.

Responsibilities

Ensure compliance with third party vendors and total document and data integrity
Manage personal workload/workflow
Interact with Mortgage Loan Originators, Loan Production Assistants and other members of the fulfillment team on a daily basis
Obtain original information and documentation from Mortgage Loan Originators (MLOs) and Loan Production Assistants for underwriting review
Interact with third-party vendors to acquire verifications, appraisals, title work, flood zone determinations, insurance documentation, payoffs, tax transcripts and other reports as needed for each loan file
Organize, review and validate all loan file documentation for completeness and quality to ensure that the file is ready for submission
Manage a pipeline of working loan files to ensure loan files move through processing and closing in a timely manner
Update data in the Encompass loan origination system to ensure all file information is current and accurate
Process loan files in compliance with Northwest policies, regulatory guidelines, investor and industry standards
Maintain current knowledge of mortgage loan programs, procedures and guidelines
Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations
Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency
Work as part of a team
Work with on-site equipment
Complete special projects as requested
Abide by the rules of the safety and loss prevention program
Perform work tasks in a safe manner
Report any and all injuries to supervisor
Know what to do in case of an emergency