Mortgage Loan Services Manager

Old National Bank•Evansville, IN

5d•$60,000 - $121,300

About The Position

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Requirements

Bachelor’s Degree in a business-related field or equivalent work experience
5 or more years of previous mortgage experience including an in-depth knowledge of regulatory requirements for loan disclosures and all mortgage documents.
3 or more years of supervisory experience
Current knowledge of secondary market guidelines, along with FHA & VA guidelines.

Responsibilities

Oversee Mortgage Disclosure Compliance: Monitors all Disclosure/Redisclosure pipelines to ensure ongoing compliance with applicable regulations including TRID, Reg B, RESPA, and HMDA. Review potential change of circumstances scenarios to determine if the requirements have been met to redisclose, in order to minimize losses through unnecessary tolerance cures.
Review disclosures sent by team for accuracy and compliance with federal and state regulations. Offer ongoing mentoring, coaching, and training.
Partners with department leaders to identify and implement solutions to any disclosure related concerns.
Manage Loan Opening Services and File Quality Review: Oversee the Mortgage File Quality Review process that ensures quality files are submitted for processing/underwriting to meet internal Service Level Agreements. Ensure process remains agile to adapt quickly to changing conditions and turn times.
Partners with Mortgage Sales Leaders to identify and report areas for improvement with respect to overall mortgage cycle time and client experience.
Work with team members to offer ongoing support and training on current and future processes.
Monitor Flood determination processes to ensure compliance with all applicable Regulations.
Appraisal Pipeline Oversight: Ensure that Appraisal Pipeline processes and procedures are accurate and evaluated regularly for consistency and accuracy.
Partner with department leader to proactively identify concerns, gaps or customer service issues and quickly implement appropriate solutions.
Mortgage Risk Management: Ensure the accuracy of all HMDA related information pertaining to information collected from the initial application and disclosures. Develop and assist with review processes and maintain HMDA Standards and procedures.
Proactively identify areas of risk with the Mortgage Business Unit. Perform root cause analysis and develop/implement training/systems to avoid risk to the Bank.
Perform testing and implementation of all regulatory and system changes that impact mortgage disclosure content and processes.
Assist Mortgage Risk Director with internal and external Compliance testing, responses, and action plans.