BNY · 1 day ago
Residential Mortgage Closer
Pittsburgh, PA
Full-time
Onsite
New Grad, Entry Level
0+ years expBNY is a leading global financial services company that influences nearly 20% of the world’s investible assets. They are seeking a Residential Mortgage Closer to join their Mortgage Originations team within Wealth Management, responsible for managing the mortgage closing process and ensuring compliance with regulations.
Financial Services
Responsibilities
Daily monitoring and management of pipeline and dashboard to meet deadlines and regulatory timelines
Examine property information, title commitments, and any relevant title documentation
Assess hazard and insurance details, including verification of flood insurance requirements
Conduct a review of the loan file and supporting documentation to confirm system data
Maintain detailed records of communications and exceptions in the Conversation Log as a permanent part of the loan file
Coordinate closing date with settlement agents to ensure smooth and timely closings
Prepare and send initial CDs to borrowers and settlement agents, ensuring compliance with TILA-RESPA timing and redisclosure requirements
Prepare and send closing packages, including all required documents and closing instructions, to settlement agents/attorneys
Track and clear all conditions required before funding
Obtain and review signed closing documents package and provide funding approval; obtain Final Settlement Statements as applicable
Order the lender wire to be sent to the settlement agent
Identify and promptly resolve any missing or incomplete documentation to prevent delays and maintain KPIs [Key Performance Indicators]
Ensure compliance with all applicable mortgage regulations and internal policies
Maintain accurate records and documentation in loan systems
Communicate effectively with the Lending Team to provide updates and resolve issues
Support continuous improvement initiatives within the mortgage closing process
Must possess strong organizational skills with the ability to multitask in a fast-paced environment
The candidate must be proficient in MS Office, must have a strong knowledge of mortgage loan documentation, closing disclosures, and regulatory requirements, demonstrate the ability to manage multiple priorities and meet deadlines
Qualification
Required
Bachelors degree or the equivalent combination of education and experience is required
0-3 years of total work experience is preferred
Experience in brokerage processing is preferred
Applicable local/regional licenses or certifications as required by the business
Must possess strong organizational skills with the ability to multitask in a fast-paced environment
The candidate must be proficient in MS Office
Must have a strong knowledge of mortgage loan documentation, closing disclosures, and regulatory requirements
Demonstrate the ability to manage multiple priorities and meet deadlines
Preferred
0-3 years of total work experience is preferred
Experience in brokerage processing is preferred
Benefits
Highly competitive compensation
Benefits
Wellbeing programs
Flexible global resources and tools
Generous paid leaves
Paid volunteer time
Company
BNY
We help make money work for the world — managing it, moving it and keeping it safe.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Brian A. Ruane
CEO Government Securities Services & Global Client Management
Chris Kearns
CEO, Depositary Receipts
Recent News
PR Newswire
2024-11-01
Company data provided by crunchbase