Job DetailsJob LocationMain Office - Auburn, ALPosition TypeHourly Full TimeEducation LevelHigh School Diploma/GED EquivalentTravel PercentageNoneJob ShiftDayJob CategoryBankingDescriptionJOB DESCRIPTION: Post CloserREPORTS TO: SVP Mortgage DivisionWAGE CLASSIFICATION: Grade 8, Non-exemptSUPERVISES: No supervisory responsibilityJOB SUMMARYPost Closer is responsible for the review and processing of residential mortgage loan closing documents and delivery of those closed loans to the secondary market. Additionally, the Post Closer will lock and approve all requests from originators and ensures that all locks are accurately reflected the secondary market with all investors. ESSENTIAL DUTIES & RESPONSIBILITIES
- Track loan closings to ensure all loans are accounted for and booked onto AuburnBank's system of record
- Audits loan packages completeness and accuracy of residential mortgage loan closing documents
- Review and reconcile Closing Disclosure or Settlement Statement to checks received
- Process and reconcile closed loan files for entry to AuburnBank system of record
- Track, review and deliver closed loan files to the secondary market according to investor requirements ensuring timely funding of delivered loans
- Track, review and deliver, within investor time allowances, sold loan trailing documents. (Recorded mortgages, final title policy etc.)
- Work with MLO and Processor/Closer to cure any noted deficiencies noted by investor within required time allowances to avoid penalty fees
- Act as liaison between AuburnBank, investors and closing attorneys
- Reconcile and process investor purchase advice. Resolve any discrepancies and submit to Loan Operations for processing
- Monitor exception reports and assist all originators in clearing loan policy and technical exceptions
- Process construction loan draws
- Scan, image and index mortgage loan documents to AuburnBank system of record (JHA) as required
- Organize, manage and control access to mortgage loan file storage room in accordance to AuburnBank Record Retention and Destruction policy
- Track, obtain and verify accuracy of Final Title Policies and recorded Mortgages/Deeds of Trust
- Other duties, as assigned
This position is considered non-exempt and is eligible for overtime for hours worked in excess of 40 per week under the Fair Labor Standards Act.QualificationsQUALIFICATIONS
- High school diploma or GED equivalent
- Minimum 3 years residential real estate mortgage lending experience
- Minimum 3 years' experience with Secondary Mortgage Market
- General knowledge of residential real estate lending practices and related areas
SKILLS & COMPETENCIES
- Basic residential real estate mortgage lending knowledge, including government laws and regulations such as RESPA, TILA, ECOA, Dodd-Frank and HMDA
- Must establish and maintain effective working relationships
- Ability to effectively prioritize and meet departmental deadlines
- Excellent problem-solving skills
- Proficient in Microsoft Office program skills (MS Word, MS Excel, etc.)
- Willingness to adapt to change and ability to learn quickly
- Working knowledge of general office equipment
- Excellent listening skills
- Ability to effectively communicate, both verbally and in writing
- Ability to maintain confidentiality
- Ability to document and perform detail work with accuracy
- Strong organizational and time management skills
- Ability to transport/lift up to 25lbs
- Requires extended periods of sitting
- Requires eye-hand coordination and manual dexterity
- Ability to handle stress
- Regular and predictable attendance
- Ability to work in a constant state of alertness and in a safe manner
- Ability to follow policies and rules of AuburnBank
- Ability to participate in community functions on occasion
Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or any other classification protected by law. AuburnBank is a Drug Free Workplace9.9.24