Senior Loan Processor – Mortgage – Bilingual Korean Required

Position InformationJob Title: Senior Loan ProcessorDepartment: Mortgage Banking DivisionFLSA Status: Non-ExemptReports to: Mortgage Operations ManagerFull/Part Time Status: Full-TimeWork Location: Los Angeles, CATravel Requirement: 0-10%Education & ExperienceMinimum Education Level: High School DiplomaMinimum Years of Experience: 10+ yearsCombination of Experience and Education can meet the job requirements: NoLanguage RequirementEnglish: Written: Advanced Verbal: FluentComputer/Systems Knowledge RequirementsMicrosoft Outlook: IntermediateMicrosoft Word: IntermediateMicrosoft Excel: IntermediateMicrosoft PowerPoint: BasicResponsibilities & Duties• Ensure files are in proper condition and submit complete package to underwriting for approval w/min. conditions.• Ensure compliance timing requirements are met• Adhere to the turn times outlined in the Loan Workflow Expectations• Review files for errors & inconsistencies, organize, analyze, update and validate the loan files in the LOS.• Review files for possible signs of fraud/misrepresentation, review fraud report, resolve LOS compliance notices.• Follow up with Underwriting for timely processing and moving the file to approval.• Retrieve and review all PTD’s conditions received from all parties and Underwriting conditions are cleared timely.• Ensure change in circumstance requests are completed when a valid change occurs.• Ensure change in circumstance are notified to disclosure desk timely.• Order review and upload closing protection letters to the LOS.• Retrieve and review condominium questionnaires, insurance policies and other corresponding condominium docs.• Perform verbal (or written) verification of employment.• Complete closing transmittals and submit file to the closing department with all required closing documents.• Coordinate with funding department for any outstanding PTF conditions and cure them.• Manage loan pipeline and update all close of escrow dates and ensure the dates have not expired.Job Qualifications/Requirements• Required: Mortgage loan processing experience• Required: Good working knowledge of Encompass• Required: Knowledge of Conventional, Jumbo, FHA/VA loans• Required: Well-developed problem-solving skills to research and resolve discrepancies• Required: Ability to multi-task in a fast-paced environment• Required: A professional work ethic and attitudePhysical DemandsLifting/CarryingUnder 10 lbs: Rarely (Less than 1 hour per week)11-20 lbs: Rarely (Less than 1 hour per week)Pushing/PullingUnder 10 lbs: Rarely (Less than 1 hour per week)11-20 lbs: Rarely (Less than 1 hour per week)Twisting/TurningReach over shoulder: Rarely (Less than 1 hour per week)Reach over head: Rarely (Less than 1 hour per week)Reach outward: Rarely (Less than 1 hour per week)Crawl: Rarely (Less than 1 hour per week)Kneel: Rarely (Less than 1 hour per week)Squat: Rarely (Less than 1 hour per week)Sit: Constant (Over 66% of the time)Walk-Normal Surfaces: Frequent (34% – 66% of the time)Walk-Uneven Surfaces: Rarely (Less than 1 hour per week)Walk-Slippery Surfaces: Rarely (Less than 1 hour per week)Stand: Frequent (34% – 66% of the time)Bend: Occasional (1%-33% of the time)OtherKeyboard/Ten Key: Constant (Over 66% of the time)Fingering (fine dexterity): Occasional (1%-33% of the time)Handling (grasping, holding): Occasional (1%-33% of the time)Repetitive Motion – Hands: Occasional (1%-33% of the time)Repetitive Motion – Feet: Rarely (Less than 1 hour per week)

Related Post