Post Closing Coordinator

Post Closing Coordinator

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