Loan Processor Administrative & Office Jobs - Brattleboro, VT at Geebo

Loan Processor

Company Name:
People's United Bank
2326BR
Posting Title Loan Processor
Job Description This position is responsible for processing residential mortgages from origination to closing, ensuring adherence to internal, regulatory and secondary market standards. In addition, this position responds to and resolves issues from a wide range of internal and external customers. As skills and experience increase, this position obtains a lending line equal to the conforming loan limt and reviews loan requests.
Performs scheduled call-outs to borrowers to ensure they are informed of loan status and outstanding exhibits in a courteous and professional manner.
Performs administrative and clerical tasks to process loans in a timely and accurate manner, including but not limited to, reviewing and updating appraisals, reviewing and verifying incoming mail and obtaining employment verifications.
Updates automated underwriting system when relevant changes to loan occur, and prints final decision.
Prints appropriate documents and packages file in required order.
Notifies appropriate parties that loan has been moved to closing.
Works with underwriting staff to continually develop product knowledge and underwriting skills. Obtains lending line and reviews loan requests to ensure adherence with all internal, regulatory and secondary market standards.
Adheres to compliance procedures and internal/operational risk controls in accordance with any and all applicable regulatory standards, requirements, and policies.
Job Requirements High School diploma or equivalency required.
1-3 years relevant experience.
Obtains lending authority at manager's discretion.
Work involves sensitive and confidential information; discretion is essential.
Effective written and verbal skills are necessary to convey information in a clear and concise manner to a wide range of internal and external customers. Ability to handle escalated situations in a courteous and professional manner.
Effective PC skills including word processing, internal applications and standard industry applications. Ability to learn new systems as needed.
Ability to use internal and external resources to obtain information needed to move loan to closing.
Working knowledge of, or the ability to learn, internal, regulatory and secondary market standards. Ability to develop effective analytical skills. Basic math skills are needed to develop underwriting skills.
Organizational skills and attention to detail are required to prioritize work and meet established time frames.
Ability to acquire and maintain changing product information for all products supported.
Flexibility to respond to multiple or ad hoc assignments or situations to assist management.
Employment Type Full Time
Address 1 629 PUTNEY ROAD
Address 2 OPERATIONS CENTER
City BRATTLEBORO
State VT
Zip Code 05301
People's United Bank and its subsidiaries are equal opportunity and affirmative action employers EOE-Females/Minorities/Protected Veterans/Individuals with Disabilities. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, veteran status or any other legally protected status.Estimated Salary: $20 to $28 per hour based on qualifications.

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