What are the responsibilities and job description for the Mortgage Closing Coordinator position at East Cambridge Savings Bank?
East Cambridge Savings Bank’s Lending Division is actively recruiting for a Mortgage Closing Coordinator.
Salary: $29.72- $44.60
Actual compensation for this role is commensurate with experience, skill set, and other qualifications.
Function:
Under the general direction of the Vice President – Retail Lending Operations Manager, perform a variety of administrative tasks in connection with the closing documentation of all mortgage loans.
We are looking for a candidate with:
- 3 years lending experience, 1 year Mortgage Loan closing experience
- Strong interpersonal and communication skills (both verbal and written)
- Ability to perform a variety of tasks simultaneously while adhering to deadlines and working independently
- Must be detail oriented and have excellent organizational, analytical and problem solving skills
- Working knowledge of Microsoft Word and Excel
Essential Job Functions:
- Perform quality control function to ensure completeness and accuracy of file and satisfaction of commitment conditions. Ensure loan is authorized to close.
- Monitor pipeline and schedule loan closings in accordance with rate lock and commitment expiration dates.
- Serve as liaison with closing attorneys and correspondent lenders. Review necessary loan documentation for accuracy prior to closing, request corrections if needed.
- Prepare legal documents for consumer and mortgage loan closings and submit to attorney or Branch for completion and signatures.
- Calculate net funds (refunds and receivables) and disburse via wire or on-line deposit.
- Prepare and monitor management reports as required.
- Monitor receipt of legal documents from closing attorneys.
- Review legal documents for completeness and accuracy. Communicate deficiencies to attorneys.
- Ensure federal, state, and Bank regulations are properly adhered to by all parties.
- Monitor results of operational audits and ensure operational preparedness for audits and regulatory examinations. Ensure compliance with established policies, procedures, and laws and regulations.
- Assist the Loan Processing area as needed.
Contact our Human Resources Division or visit https://www.ecsb.com/about-us/careers for more details and to apply.
Or submit your resume to:
Email: recruit@ecsb.com Fax: 617-252-6877 Phone: 617-354-7700
East Cambridge Savings Bank, Attn: Human Resources
344 Cambridge Street Cambridge, MA 02141
East Cambridge Savings Bank is an Equal Opportunity Employer/Disabled/Veterans
Salary : $30 - $45