What are the responsibilities and job description for the Loan Processing Assistant position at Royal Business Bank?
JOB SUMMARY
Responsible for assembling loan files including data entry and stacking for submission. Assist loan processors with appraisal orders, credit orders, and other internal process and obtain information needed to complete a file for approval and closing; Complies with all regulations which apply within the scope of the position, including Bank Secrecy Act.
DUTIES
- Assist loan processors with communication with borrowers, underwriters, loan officers and mortgage brokers to assemble file for loan submission.
- Run OFAC, customer search in bank’s CORE system on borrowers and NMLS search on mortgage brokers.
- Order appraisal reports/updates to AMC and deliver to borrowers in a timely manner.
- Order verification of employments, verification of deposits, verification or rent and/or mortgage.
- Order credit reports and assist loan processors to prepare initial disclosures and revised disclosures.
- Perform other duties as assigned.
QUALIFICATIONS
- EDUCATION: High school diploma or equivalent; AA degree preferred
- EXPERIENCE: Minimum 0-1 year of mortgage loan processing experience or banking experience
SKILLS/ABILITIES
- Computer literate;
- effective verbal and written communication skills;
- excellent time management and organizational skills;
- bilingual (English/Mandarin) preferred
Applicants must be authorized to work in the United States without the need for visa sponsorship now or in the future.
WHY WORK FOR US?
Since opening our first branch in Los Angeles in 2008, Royal Business Bank (RBB) has grown rapidly by adding branches in Southern California, Nevada, New York, and Chicago. We offer a comprehensive and innovative suite of banking services for individuals and businesses. We have great benefits that include, but not limited to:
- Medical insurance
- Vision insurance
- Dental insurance
- 401(k)
- Disability insurance
Royal Business Bank may collect personal information from potential job candidates and applicants. For more information on how we handle personal information and your applicable rights, please review our Privacy Policies (GLBA Privacy Notice, California Consumer Privacy Act and Online Privacy) at our website www.royalbusinessbankusa.com. Royal Business Bank is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.
Salary : $45,760 - $52,000