Operations Assistant

Compensation

: $153,680.00 - $153,680.00 /year *

Employment Type

: Full-Time

Industry

: Media



Loading some great jobs for you...





Position Summary

This opportunity is flexible with remote work.

The Junior Loan Processor orders and follows up on vendor services.

The Junior Loan Processor must act as a liaison between the Mortgage Loan Originator and the Processor to ensure completion of loan submissions.

The Junior Loan Processor will assist the Loan Processors with any items requested by processing.

The Junior Processor will manage, prepare and send all initial and revised disclosures as required by regulation and law.

The Junior Processor will serve as backup to the rate lock desk to lock loans with investors and process lock inside loan origination system.

Major Duties and Essential Functions

  • Order services from third party vendors as needed.
  • Communicate and follow up with third party vendors for documentation required.
  • Review file for completeness and accuracy prior to processor review.
  • Verify information received from third party vendors.
  • Document loan with detailed notes as they relate to items ordered prior to sending to processing.
  • Learn and comprehend Encompass screens and fields.
  • Notify all parties when issues are identified.
  • Maintain a pipeline management system to keep up with file follow up.
  • Prepare initial loan disclosures.
  • Prepare revised loan disclosures.
  • Serve as backup lock support.

Specific knowledge, skills, and abilities required for this position:

  • Encompass or similar LOS experience preferred.
  • General understanding of mortgage banking concepts and regulations.
  • Excellent communication skills, verbal and written.
  • Detailed knowledge of Federal and State disclosure requirement a plus.
  • Familiarity with Texas Cash Out 50(a)6 compliance requirements.
  • Outstanding interpersonal skills.
  • Proficient computer skills to input and retrieve data in loan operation systems.
  • Ability to produce documents and spreadsheets in Microsoft Office Products.
  • Good organizational skills.
  • Ability to provide superior level of service.

Education and Experience:

  • High School diploma or GED required.
  • Minimum 1 years of mortgage operations experience.

Physical Activities and Requirements of this Position

CATEGORY

DESCRIPTION

Finger Dexterity

Using primarily just the fingers to make small movements such as typing, picking up small objects, or pinching fingers together.

Grasping

Using fingers and palm on an object.

Talking

Especially where one must frequently convey detailed or important instructions or ideas accurately, loudly, or quickly.

Repetitive Motions

Movements frequently and regularly required using the wrists, hands, and/or fingers.

Average Hearing

Able to hear average or normal conversations and receive ordinary information.

Average Visual Abilities

Average, ordinary, visual acuity necessary to prepare or inspect documents or products or operate machinery.

Sedentary Work

While performing the duties of this job, the employee will frequently talk or hear, sit, use hands to handle or feel, and reach with hands or arms. The employee will occasionally, stand and walk, climb or balance, and stoup, kneel, crouch, or crawl. The employee will occasionally lift and move up to 10 pounds.

Working Conditions of this Position

DESCRIPTION

None. No hazardous or significantly unpleasant conditions.

Mental Activities and Requirements of this Position

Reasoning Ability: The ability to use common sense or logic.

Detailed

Ability to define problems, collect data, establish facts, and draw valid conclusions.

Mathematical Ability: The level of ability required to perform math skills and operations.

Basic

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions & percentages.

Language Ability: The level of ability required to communicate and understand written and oral language.

Typical

Ability to write moderate to complex documents. Ability to communicate in complex sentences, using normal word order with present and past tenses and strong vocabulary. Ability to read, analyze and interpret common technical and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or borrowers of the business community. Ability to effectively present information to top management, public groups, and/or boards of directors.





Job Requirements:
* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

Launch your career - Create your profile now!

Create your Profile

Loading some great jobs for you...