What are the responsibilities and job description for the Senior Processor position at Global Credit Union?
Overview
Reports To: Mortgage Processing Supervisor
Functions Supervised: None
Primary Functions: Process mortgage loan applications and assist assigned originator. Act as a coach and mentor to other Processors within the department.
Duties And Responsibilities
Education: High school graduate or equivalent.
Creditable Experience in Lieu of Education: Not Applicable
Experience/Skills: One to two years in the Processor III position or prior mortgage experience. Two plus years direct public contact preferred. Expert proficient at typing with a knowledge of office machines, some math aptitude and letter composition familiarity. One year experience in mortgage loan processing with basic knowledge of most program processing requirements. Personal computer experience preferred.
Tenure: Processor I (Category 13) requires 12 months tenure in a Category 14 mortgage position with a meets or exceeds expectations. Processor II (Category 12) requires 12 months tenure in Processor I (Category 13) position with a meets or exceeds expectations. Processor III (Category 11) requires 1-2 years tenure in a Processor II (Category 12) position with a meets or exceeds expectations. Senior Processor (Category 10) requires 1-2 years in a Processor III (Category 11) position with a meets or exceeds expectations. Directly related work experience and/or accelerated training completion may be substituted for tenure for all positions.
Compensation
Salary Pay Range:
In accordance with our Salary Administration policy, new hire base salaries generally fall within the minimum to midpoint of the listed range.
Benefits
Reports To: Mortgage Processing Supervisor
Functions Supervised: None
Primary Functions: Process mortgage loan applications and assist assigned originator. Act as a coach and mentor to other Processors within the department.
Duties And Responsibilities
- Verify all information received in the mortgage loan application via letters to employers, banks, creditors, etc.
- Maintain logs and files as necessary regarding mortgage loan applications processed.
- Order appraisals, surveys and updated credit reports, as directed by the Underwriter.
- Communicate and coordinate with originators and members, collection of documentation and information, stipulations/conditions or any other pertinent data needed to submit to underwriting and obtain approval.
- Address member concerns and inquiries quickly, professionally and courteously.
- Input, validate and confirm all required data into appropriate Automated Underwriting (AU) system(s) required for approval and closing.
- Order items timely and accurately to ensure processing time frames are met and production standards and goals are achieved.
- Respond to Quality Control and Loan Delivery requests within specified time lines as directed by each department.
- Provide assistance to and help in the training of other processors as necessary.
- Review processed loan packages prior to submission to ensure completeness, quality and accuracy.
- Participate in seminars and other training to maintain required knowledge and skill development. Complete all required training within specified deadlines.
- Act as a Team Lead within your department. Coach, train and mentor other Processors.
- Expert pipeline management and meeting deadlines.
- Perform other duties as assigned.
Education: High school graduate or equivalent.
Creditable Experience in Lieu of Education: Not Applicable
Experience/Skills: One to two years in the Processor III position or prior mortgage experience. Two plus years direct public contact preferred. Expert proficient at typing with a knowledge of office machines, some math aptitude and letter composition familiarity. One year experience in mortgage loan processing with basic knowledge of most program processing requirements. Personal computer experience preferred.
Tenure: Processor I (Category 13) requires 12 months tenure in a Category 14 mortgage position with a meets or exceeds expectations. Processor II (Category 12) requires 12 months tenure in Processor I (Category 13) position with a meets or exceeds expectations. Processor III (Category 11) requires 1-2 years tenure in a Processor II (Category 12) position with a meets or exceeds expectations. Senior Processor (Category 10) requires 1-2 years in a Processor III (Category 11) position with a meets or exceeds expectations. Directly related work experience and/or accelerated training completion may be substituted for tenure for all positions.
Compensation
Salary Pay Range:
- Processor I (Category 13): $ 49,284 - $ 73,391 annually
- Processor II (Category 12): $ 53,226 - $ 81,405 annually
- Processor III (Category 11): $ 57,484 - $ 90,230 annually
- Senior Processor (Category 10): $ 63,233 - $ 99,908 annually
In accordance with our Salary Administration policy, new hire base salaries generally fall within the minimum to midpoint of the listed range.
Benefits
- Short-term and long-term incentives
- Comprehensive medical, dental and vision insurance plan that has HSA and FSA options
- 401(k) plan with a 5% match
- Employee Assistance Program (EAP)
- Life and disability coverage
- Voluntary cash benefits for accident, hospitalization and critical illness
- Tuition Reimbursement
- Generous leave programs to include Paid Time Off accrual, Paid Sick Leave, Paid Holidays
- Click here to view Global’s comprehensive Benefits Programs
Salary : $49,284 - $99,908