Mortgage Processor II at First Citizens Bank

Raleigh, North Carolina, United States -

Full Time

Start Date

Immediate

Expiry Date

03 Oct, 26

Salary

0.0

Posted On

05 Jul, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Mortgage Processing, Loan Application Validation, Underwriting Support, Compliance, Pipeline Management, Collateral Appraisal, Encompass, Loan Closing Coordination, Fraud Prevention, Administrative Support

Industry

Banking

Description

Overview This is a hybrid role with the expectation that time working will regularly take place inside and outside of a company office. This position processes mortgage loans, loan applications, and all associated documentation at a higher level of complexity. Validates application information for underwriting purposes and updates department systems accordingly. Prepares approved loans for closing submission, and notifies appropriate parties for action on declined loans. Contributes to protecting the Bank from fraud, misrepresentation, and mortgage loan default through compliance with federal regulations, department policy, and standard procedures. May provide guidance for less experienced associates in the work group. Responsibilities Mortgage Processing - Verifies the accuracy and completion of all documentation or information necessary for loan closings. Assists in scheduling loan closings and answers questions regarding the mortgage loan process. Places closing conditions on the file and prepares approved loans for the Closing Department. Submits loans recommended for decline to second level review and issues adverse action notices. Loan Operations - Provides ongoing communication to associates and management regarding loan status, conversations with applicants, and outstanding issues. Conveys deficiencies in loan documentation with the necessary parties. Ensures compliance in all operations with applicable guidelines and regulations. May assist management with more complex matters and projects. Collateral Appraisal - Secures a property appraisal and completes the initial review against established checklists. Business Support - Performs a variety of administrative support tasks during the course of mortgage processing. Pipeline Management - Manages a pipeline of active loans by updating and prioritizing activities based on projected loan closing date. Ensures that loans close prior to approval expiration and rate lock expiration. Qualifications Bachelor's Degree -OR- High School Diploma or GED and 3 years of experience in Mortgage processing Preferred Qualificatoins: Mortgage processing experience and experience working with Encompass Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

Responsibilities

Processes complex mortgage loans and validates application information to ensure compliance with federal regulations and bank policies. Manages the loan pipeline and prepares approved files for closing while coordinating with relevant departments.