Senior Mortgage Closing Specialist

First Citizens Bank•Columbia, SC

9h•Hybrid

About The Position

This is a hybrid role, with work regularly taking place both inside and outside a company office. The Senior Mortgage Closing Specialist prepares closing documents for title or escrow companies, reviews loan file documents and records for accuracy, completeness, and compliance, and enters information into loan origination systems. The role verifies funding amounts, issues funding authorizations or wire instructions, and reconciles amounts to general ledger accounts. The position generates, evaluates, and validates closing documentation before sending it to settlement agents; calculates aggregate escrows; reviews settlement statements and other loan documents; and manages ready-to-close loan pipelines. It also receives and inventories closed loan packages, gathers and reviews missing documentation, communicates corrections and loan status, and processes closing fee checks and general ledger materials.

Requirements

Bachelor's degree, or a high school diploma or GED and 2 years of experience in mortgage loan closing.
Communication skills, written and verbal.
Attention to detail.
Mortgage closing skills.

Nice To Haves

Detailed knowledge of title insurance policies.
Experience working with Encompass.
Strong attention to detail and communication skills.

Responsibilities

Generate, evaluate, and validate the accuracy of closing documents before sending them to the settlement agent.
Calculate aggregate escrows and correspond with the settlement agent.
Review HUD-1 settlement statements, hazard insurance policies, title binders, security instruments, and tax records for accuracy.
Verify that documentation complies with investor guidelines, legal guidelines, and Bank policy.
Manage a pipeline of ready-to-close loans and ensure closing packages are delivered before closing deadlines.
Receive and inventory closed loan packages from attorneys.
Source, compile, and review missing loan documentation or information from parties involved in the loan process.
Provide regular communication regarding corrections and loan status.
Provide direction or guidance on advanced loan matters to less experienced associates, as needed.
Review closing fee checks and ensure checks are payable to the appropriate parties.
Prepare the general ledger guide sheet and forward it to accounting.
Verify funding amounts, issue funding authorizations or wire instructions, and reconcile amounts to general ledger accounts.
Input information into loan origination systems.