Mortgage Closing Disclosure Specialist

Municipal Credit Union•New York, NY

About The Position

At Municipal Credit Union (MCU), an incredible culture fosters a happy and motivated team dedicated to achieving the best results for themselves and their members. For over 100 years, MCU has provided affordable financial products and convenient services to a membership base of over 600,000 individuals, upholding the credit union promise of people helping people. MCU's mission is to help hard-working New Yorkers build better tomorrows, with a vision to be New York's most loved financial institution by helping members build their best financial futures. The Mortgage Closing Disclosure Specialist supports Real Estate Lending Operations by preparing, verifying, and distributing Closing Disclosures. This role ensures compliance with all regulatory requirements, including NCUA regulations, TRID (TILA-RESPA Integrated Disclosure) requirements, and MCU policies. The specialist acts as a key liaison between MCU, its bank attorneys, and members to facilitate a smooth and timely closing process.

Requirements

High school diploma required
Minimum 2 years of experience in mortgage closing, processing, or disclosure preparation within a credit union, bank, or mortgage lender.
Knowledge of LE, COC and CD preparation.
Knowledge and understanding of TRID, RESPA, Regulation Z, CFPB, HMDA, TILA, ECOA, FCRA, Fair Lending, title insurance, title reports, notes, mortgages, and related documentation.
Excellent problem-solving skills.
Strong written and verbal communication skills.
Ability to effectively prioritize tasks and meet deadlines.
Ability to perform in a high-volume environment and meet deadlines while maintaining exceptional attention to detail and organization.
Must be flexible and adaptable in a changing environment.
Self-motivated, ability to communicate within a team to solve issues and drive results, positive attitude.
Ability to work overtime when required.
Proficiency in Microsoft Office Suite.
Strong PC skills.
Technologically proficient.

Nice To Haves

Associate’s or Bachelor’s degree in business, finance, or related field preferred.
Familiar with MortgageBot and DocMagic, a plus but not required.

Responsibilities

Prepare and review Closing Disclosures in compliance with NCUA, TRID, and internal policies.
Verify fees, loan terms, and settlement statements for accuracy and consistency.
Communicate with title/escrow agents to confirm fees, terms, and timelines to prevent delays.
Investigate and resolve discrepancies or inconsistencies in loan terms, fees, or documentation prior to closing.
Monitor timelines and manage critical disclosure deadlines in accordance with TRID to ensure on-time delivery and regulatory compliance.
Provide members with clear explanations of documents and respond promptly to inquiries from all parties involved.
Maintain accurate records of closing disclosures and supporting documentation to ensure adherence to company and federal/state mortgage regulations.
Utilize loan origination systems (LOS) and other mortgage software tools to prepare and track closing disclosures.
Assist with QC/Post-Closing and compliance audits related to Closing Disclosures and answer to findings as requested.
Perform other related duties as requested and special projects as assigned.