Mortgage Processing Specialist

Description Onsite: Mortgage Originations Department, 220 West Union Avenue; Bound Brook, NJ Mondays, Tuesdays & Wednesdays 8:30 am – 4:30 pm Thursdays 8:30 am – 5:00 pm Fridays 8:30 am – 4:00 pm QUALIFICATIONS: At least two years of experience with mortgage loan processing. Familiarity with Fiserv-Cleartouch software preferred Familiarity with Encompass software preferred RESPONSIBILITIIES: Responsible for all activities required to process and underwrite all loan products. Create new loan disclosures for all new applications. Gather all necessary loan documents to create a complete loan file. Perform moderately complex loan calculations. Assist customers and correspondents with inquiries or problems and refer more serious situations to Management. Assist Mortgage Representative(s) with questions pertaining to various underwriting guidelines to ensure the approval of quality loans. Log and register new lock requests from correspondents. Separate and scan files for imaging in Nautilus. Run daily reports for Loan Originations Manager. Assist Loan Servicing Department in scanning and separating closed loan files as needed. Review appraisal reports thoroughly on first mortgage and equity loans that include single family, two to four families, and condominium units. Review credit package and complete final underwriting of mortgage products to determine credit worthiness of borrowers prior to submission to Loan Committee. Assist in developing and implementing new procedures. Provide coverage to the reception area. Maintain current knowledge of all position related procedures and compliance. Comply with all Bank issued policies, including, but not limited to, the Information Security/Cybersecurity Policy, Acceptable Use Policy and Internet Access and E-Mail Use Policy, and any other Information Security and/or Cybersecurity communications/directives received from Management. Perform additional duties as assigned by management necessary to maintain an efficiently run office, including cross-training in other Department or Bank functions. Ability to work varied hours/days as business dictates. May travel to Bank or other locations for job related functions. KKNOWLEDGE/SKILL REQUIREMENTS: Efficient knowledge of standard office equipment operation, including a Personal Computer (PC) with email, Microsoft Word and Microsoft Excel Demonstrate consistent positive interpersonal and communication skills when interacting with colleagues and customers Demonstrate discretion, confidentiality and privacy when interacting with colleagues and customers Achieve and maintain proficiency with position related processes and technology Strong organization skills Attention to detail Exercise good judgment Ability to manage multiple tasks at a time Ability to work independently Knowledge of US currency denominations BENEFITS: Retirement plans Health Insurance Paid days off Annual salary : $50,000 - $55,000 Somerset Regal Bank retains the right to change or modify job duties at any time. The above job description is not all encompassing nor is it to be considered a contract of employment. Somerset Regal Bank is an Equal Opportunity Employer. We prohibit unlawful discrimination against applicants or employees on the basis of age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law. #J-18808-Ljbffr Somerset-Regal-Bank