This job has closed.

BNY · 3 months ago

Senior Associate, Mortgage Banking

BNY Mellon Center, Boston, MA, 02108, US

Full-time

Onsite

Senior Level

$59K/yr - $136K/yr

5+ years exp

BNY is a leading global financial services company that influences nearly 20% of the world’s investible assets. They are seeking a Mortgage Banking Associate to join their Mortgage Sales and Origination team, where the role involves interacting with clients, ensuring compliance with regulatory disclosures, and providing sales support to Mortgage Bankers.

Financial Services

Responsibilities

Interact directly with clients and advisors to collect and review all documentation needed for loan processing and underwriting preparation

Obtain contact and relevant information for appraisals, insurance, and title vesting

Prepare and send required and timely regulatory disclosures, ensuring compliance with TILA-RESPA and order all third-party services

Research Source of Wealth and serve as primary contact for KYC team inquiries and submissions

Manage entries of rate locks, extensions, and concession requests

Provide sales support to Mortgage Bankers and Wealth/Pershing colleagues regarding regional mortgage pipeline and portfolio loans

Act as primary internal contact for clients post application, manage Mortgage Bankers’ pipeline and ensure smooth file progression from initial contact through closing

Communicate interim updates to clients, advisors, and colleagues on individual files

Support and enhance Mortgage Sales team by taking applications, assisting with product selection, reviewing rates, and sourcing new business with existing clients

Serve as backup to Mortgage Bankers

Participate in team and client meetings to build relationships with Mortgage team, Client Strategists, Wealth Managers, and clients to improve client experience and increase mortgage production

Collaborate with marketing, legal, compliance, and other firm-wide teams to ensure risk management and compliance activities related to business development are conducted and documented

Qualification

Mortgage business knowledgeNMLS registrationSales acumenOrganizational skillsCommunication

Required

Bachelor's degree or the equivalent combination of education and experience is required

5-7 years of total work experience; experience in mortgage, lending, or private banking is preferred

The individual should have sales acumen, strong organizational skills, and an aptitude to manage multiple transactions in a fast-paced environment. Incumbent must have an in-depth understanding of the mortgage business

The applicant should be a strong communicator with a willingness to participate in sales calls, client meetings, and client events

This role will require an NMLS registration, which is to be obtained upon hiring