PT Mortgage Post Closing Specialist

Description

JOB SUMMARY

The Mortgage Post-Closing Specialist coordinates the sale of mortgage loans and servicing rights to investors while ensuring all related accounts are accurately reconciled and balanced. This role supports post-closing and secondary market operations by auditing closed loan files, managing trailing documentation, and ensuring compliance with investor and regulatory requirements. The position also maintains financial accuracy by resolving discrepancies, reconciling accounts, and ensuring proper accounting treatment for loans held for sale and servicing transfers and other duties as necessary.

DUTIES AND RESPONSIBILITIES

• Coordinate the sale of mortgage loans to investors, ensuring accurate pricing, settlement details, and funding.
• Support the transfer and sale of mortgage servicing by coordinating required documentation, data transfers, and investor requirements.
• Audit closed loan files to ensure documentation is complete, accurate, and compliant with investor, state, and federal guidelines.
• Review closing packages for missing signatures, incorrect documentation, or incomplete information and coordinate corrections.
• Track and manage trailing documents including recorded mortgages, final title policies, and other required documentation.
• Assemble and deliver final loan packages to investors or government agencies within required timelines.
• Coordinate servicing transfers to investors or sub-servicers following loan sale.
• Reconcile loan and servicing-related accounts to ensure accurate financial reporting and proper accounting treatment of loan and servicing sales.
• Prepare and post general ledger entries related to loans held for sale (HFS), loan sales, and servicing transfers.
• Investigate and resolve discrepancies such as funding variances, pricing errors, short/over-fundings, or servicing transfer issues.
• Confirm receipt of investor proceeds and ensure all loan and servicing sales are properly recorded in financial systems.
• Maintain accurate records within loan origination, servicing, and accounting systems.
• Coordinate with title companies, investors, servicers, and internal teams to resolve documentation and financial issues.
• Identify opportunities for process improvements within post-closing, secondary market, and servicing transfer operations.

Requirements

SKILLS REQUIRED

• Strong attention to detail and organizational skills.
• Proficiency in mortgage processing software and Microsoft Office Suite.
• Understanding of federal, state, and local mortgage regulations.
• Ability to work in a fast-paced environment and manage multiple tasks simultaneously.
• Strong analytical abilities with meticulous attention to detail.
• Demonstrated integrity and professionalism.
• Ability to meet deadlines independently while ensuring client satisfaction.
• Comprehensive knowledge of JBT mortgage products, policies, and procedures.
• Effective written, verbal, and telephone communication and presentation skills.
• Familiarity with office equipment including computers, adding machines, telephones, copy machines, and fax machines.
• 2 years of experience in mortgage operations, post-closing, mortgage accounting, servicing, or secondary market operations.
• Knowledge of mortgage loan documentation, servicing transfers, and investor guidelines.
• Understanding of general ledger reconciliations and accounting for loan and servicing sales.
• Ability to lift approximately 25 lbs.
• Promote and preserve JBT’s values and culture
• Follow Bank policy and procedure to prevent fraud and financial crimes
• Other duties as assigned