Retail Lending Credit Analyst - Danbury

Union Savings Bank - CT•Danbury, CT

9d•Onsite

About The Position

The Retail Lending Credit Analyst will be responsible for the processing and underwriting of consumer loans, HELOCs and mortgages. Process the assigned loan application files according to portfolio/secondary market standards, Bank policy and processes and government regulations. Must have knowledge on all Retail Lending products and program requirements.

Requirements

Knowledge on all Retail Lending products and program requirements.
Ability to verify application information in loan operating system compared to file documentation.
Ability to order credit report, flood, appraisal, and title search, as necessary.
Ability to confirm loan rate and terms meet Federal and Bank guidelines.
Ability to prepare and deliver all Federally required disclosures within required timeframes.
Ability to communicate with originator, branch personnel and/or borrower regarding necessary supporting documentation/information to complete file.
Ability to manage and image documentation received from borrower, originator and/or attorney, completing all checklists as necessary.
Ability to perform preliminary review of loan documentation and submit for underwriting.
Ability to receive and process pre-closing conditions from borrower, originator and/or attorneys.
Ability to ensure a consistent and proactive approach to clearing prior-to-close conditions.
Ability to effectively communicate with attorneys, appraisers, and other vendors.
Ability to process all fees upon receipt.
Ability to review appraisals, sales contracts and/or purchase agreements, as applicable.
Ability to review all signed documents back from borrower for completeness.
Ability to review title search/policy, tax information and hazard insurance.
Ability to proactively manage assigned pipeline.
Ability to monitor pipeline on a daily basis for rate lock expiration dates, aging loan documentation and compliance.
Ability to update notes in systems on a consistent basis.
Ability to review and analyze credit reports and all necessary income documentation to verify and calculate debt-to-income ratios.
Ability to review appraisal and title following Bank guidelines.
Ability to make sound credit decision according to Bank guidelines and within approved Bank lending limits.
Ability to prepare and submit any files for Second Sight Committee to review as needed.
Ability to underwrite 3-5 new files per day as volume dictates.
Ability to coordinate loan closing with attorney, customer and/or branch personnel.
Ability to maintain closing calendar with accurate information.
Ability to prepare loan closing documents according to legal requirements.
Ability to scan all necessary documentation into Loan Operating system, verify all images and complete loan checklists.
Ability to request and process funds for loans on disbursement date.
Ability to follow up with attorney on outstanding non-recorded documents.
Ability to work in conjunction with Post Closing on outstanding loan deficiencies.
Ability to adhere to department established workflow and procedures.
Ability to effectively utilize lending processing systems, electronic data storage and automated underwriting systems.
Ability to monitor Mortgage Documents Mailbox and Consumer Lending Mailbox for incoming documents.
Ability to maintain high level of customer service and loan integrity.
Ability to process incoming tuition loans as they are submitted from School's Bursar.
Ability to prepare and deliver loan documents to customers.
Ability to prepare Tuition Loan Funding request and submit to Loan Servicing.
Ability to complete QC review of closed Tuition loans.

Responsibilities

Track and assign all incoming applications from multiple systems and sources.
Verify application information in loan operating system compared to file documentation.
Order credit report, flood, appraisal, and title search, as necessary.
Confirm loan rate and terms meet Federal and Bank guidelines.
Prepare and deliver all Federally required disclosures within required timeframes.
Communicate with originator, branch personnel and/or borrower regarding necessary supporting documentation/information to complete file.
Manage and image documentation received from borrower, originator and/or attorney, completing all checklists as necessary.
Perform preliminary review of loan documentation and submit for underwriting.
Receive and process pre-closing conditions from borrower, originator and/or attorneys.
Ensure a consistent and proactive approach to clearing prior-to-close conditions.
Effectively communicate with attorneys, appraisers, and other vendors.
Process all fees upon receipt.
Review appraisals, sales contracts and/or purchase agreements, as applicable.
Review all signed documents back from borrower for completeness.
Review title search/policy, tax information and hazard insurance.
Proactively manage assigned pipeline.
Monitor pipeline on a daily basis for rate lock expiration dates, aging loan documentation and compliance.
Update notes in systems on a consistent basis.
Review and analyze credit reports and all necessary income documentation to verify and calculate debt-to-income ratios.
Review appraisal and title following Bank guidelines.
Make sound credit decision according to Bank guidelines and within approved Bank lending limits.
Prepare and submit any files for Second Sight Committee to review as needed.
Underwrite 3-5 new files per day as volume dictates.
Coordinate loan closing with attorney, customer and/or branch personnel.
Maintain closing calendar with accurate information.
Prepare loan closing documents according to legal requirements.
Scan all necessary documentation into Loan Operating system, verify all images and complete loan checklists.
Request and process funds for loans on disbursement date.
Follow up with attorney on outstanding non-recorded documents.
Work in conjunction with Post Closing on outstanding loan deficiencies.
Adhere to department established workflow and procedures.
Effectively utilize lending processing systems, electronic data storage and automated underwriting systems.
Monitor Mortgage Documents Mailbox and Consumer Lending Mailbox for incoming documents.
Maintain high level of customer service and loan integrity.
Process incoming tuition loans as they are submitted from School's Bursar.
Prepare and deliver loan documents to customers.
Prepare Tuition Loan Funding request and submit to Loan Servicing.
Completed QC review of closed Tuition loans.