Post Closing Coordinator

Job Description

Job Description

Position Summary

The Post-Closing Coordinator is responsible for the timely delivery and monitoring of all loans being sold on the secondary market to ensure maximum profitability. The Post-Closing Coordinator is also responsible for the timely delivery and transfer of data to our servicer on all of the Bank's portfolio loans.

Essential Functions

• Review signed settlement documents for accuracy and compliance
• Timely and accurate deliverance of all loan data for loans being sold on the secondary market
• Timely and accurate deliverance of appropriate loan documents and data to our servicer for all portfolio loans
• Monitor, communicate and obtain all suspense conditions of all loans delivered on the secondary market to ensure timely funding
• Collaborate with team members and Management to identify or recommend potential solutions/exceptions for non-sellable or denied loan files
• Maintain a high level of efficiency to ensure expiration dates are met
• Maintain current knowledge of all industry and bank program changes, policies and procedures

Additional Functions

• Work with Operations Manager at identifying any training deficiencies within the department
• Work with Operations Manager in creating and implementing any process changes that might be needed due to investor or servicer policies
• Assist department with any other assigned duties
• MERS Officer for the Mortgage lending department

Education and Experience

• 5 years conventional mortgage experience required
• 5 years closing/post-closing operations experience required
• Ability to analyze settlement packages and title reports is required
• Detailed knowledge of FNMA/FHLMC guidelines is required
• Knowledge of Automated Underwriting Systems LP/DU is recommended
• High school diploma or equivalent required
• Four-year college degree preferred
• Excellent communication skills, both written and verbal, are required
• Excellent computer skills in a Microsoft Windows environment including proficiency in Word, Excel and Outlook are required

Knowledge, Skills, and Abilities

• Knowledge of basic mortgage forms and documents
• Ability to work in paperless and remote environment
• Effective interpersonal relationship building skills
• Strong computer skills
• Detail oriented and accurate data entry
• Strong organizational skills
• Ability to work in a fast-paced environment

 

All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, sexual orientation, gender identity, national origin, protected veteran status or disability.

This job description is not an employment agreement or contract, implied or otherwise. Unity Bank maintains "at will" employment.

This document describes the position currently available. It is intended to convey information essential to understanding the scope of the position and is not an exhaustive list of skills, efforts, duties, responsibilities, or working conditions associated with it. Unity Bank reserves the right to modify duties or job descriptions at any time. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities at any time. Individuals may perform other duties as assigned, including work in other functional areas to cover absences or relief, to equalize peak work periods, or otherwise balance the workload.

Unity Bank is committed to the principles of equal employment opportunity and prohibits discrimination in hiring, promotion and terms and conditions of employment on the basis of race, creed, color, national origin/nationality, ancestry, religion/religious practices or observances, age, sex, gender identity or expression, affectional or sexual orientation, marital status, civil union status, domestic partnership status, disability or perceived disability, atypical hereditary cellular or blood trait, genetic information, and status as a veteran or disabled veteran of, or liability for service in, the Armed Forces of the United States.

 

Unity Bank commits to making reasonable accommodation to the known physical or mental limitations of qualified individuals with disabilities and qualified disabled veterans provided the individual is able to perform the essential functions of the job , unless such accommodation would impose an undue hardship upon Unity Bank. A qualified employee or job applicant with a disability may request a reasonable accommodation by contacting Unity Bank's human resources department.