Funding & Post Closing Manager - Officer

Marquette Bank•Orland Park, IL

3d•$70,000 - $85,000•Onsite

About The Position

If making an impact is important to you, you belong with the Marquette Bank Team. You'll enjoy the opportunity to make a difference for our customers and in our neighborhoods. You'll love our welcoming, supportive, friendly, team-centered work environment - including perks like an expansive benefits package, growth opportunities, gym subsidy, tuition reimbursement and community involvement opportunities! Come be a part of something bigger at Marquette Bank. Founded by John F. McCarthy in 1945, the bank has been committed to providing financial services to meet the savings and borrowing needs of southwest Chicagoland. We have continued to grow and are proud to be a modern neighborhood bank with 20 branch locations to serve our customers and communities.

Requirements

Bachelor’s Degree preferred or certification in Business Finance or Real Estate Lending.
Minimum 7-10 years’ experience with residential real estate loans.
Officer/AVP level position with prior management experience required.
Experienced user of Encompass platform required.
Working knowledge of bank operations, systems, and regulatory guidelines.
Self-motivated and willingness to implement changes to improve bank performance.
Strong communication, organization, and time management skills.
Team-oriented.
Ability to handle and complete multiple tasks under time constraints.
Good customer service skills.
Demonstrates an ability to handle difficult and sensitive business situations.
Good analytical and problem-solving skills.

Responsibilities

Validate funding desk requests meet bank requirements before facilitating all loan disbursements and wires.
Perform daily, weekly, monthly general ledger balancing over multiple accounts.
Compile monthly reports for management.
Manage the flow of residential loans from closing, funding, delivery to investors, and sale or booking of loans.
Monitor loans to ensure timely submission to title companies and investors to meet funding and lock expiration dates.
Clear deficiencies, collaborate with Operations to obtain necessary documents.
Obtain purchase advice from all investors and verify accuracy of payments received.
Collect and track first payments. Manage PMI, taxes, and payments due until loans are purchased by investors and balance final remittance.
Facilitate all appraisal ordering and fee tracking for residential real estate loans.
Involvement in the Grant process to initiate, process, and submit documentation.
Respond to all FNMA data requests and investor stipulations for documents.
Monitor MERS system to ensure all loans are entered and transferred properly.
Participate in Disaster Recovery/Business Continuity initiatives as assigned.
Oversee and manage staff. Review work product and performance.
Actively comply with all applicable laws and regulations to include the Bank Secrecy Act, HMDA, Community Reinvestment Act, and all other deposit, lending, or non-deposit service regulations; adhering to the Bank’s internal policies, procedures, and risk management responsibilities contained in the Employee Handbook, the Employee Code of Conduct, and other applicable policies.
Perform job-related responsibilities that support departmental and organizational goals, consistent with the scope and purpose of the position.