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Black Hills Federal Credit Union · 2 days ago

Mortgage Closing Specialist

Rapid City, SD

Contract

Onsite

Entry Level

2+ years exp

Black Hills Federal Credit Union is committed to improving lives through its cooperative structure and financial services. The Mortgage Closing Specialist will process residential mortgage loans, prepare closing documents, and assist in quality control while supporting loan officers and ensuring compliance with regulations.

AccountingConsultingCredit BureauFinanceFinancial ServicesLending

Growth Opportunities

Responsibilities

Primary support and contact for all assigned loan officers and/or originators. Key-in loan application information, order required documents and services, process and prepare closing documents, and coordinate follow-up for any of the originators as assigned. Disburse loan proceeds as directed

Assist other processing or servicing staff as needed

Maintain real estate loan files according to procedure. Monitor working real estate loan files to ensure proper documents are obtained and/or ordered from vendors as required

Send out all required TRID closing documents and disclosures within the required time for compliance

Prepare and ship loan documents to secondary market providers

Answer general questions about real estate lending and the disbursement of funds from member’s accounts

Type, process, and disburse real estate loans as directed. Ensure all documents are complete and accurate

Order and review title insurance, appraisals, verifications, flood certifications, tax transcripts, etc

Maintain department records, reports, and general ledger accounts affected by department transactions

Perform other duties as may be assigned by the Mortgage Manager

Qualification

Real estate lending regulationsCredit union products knowledgeDocument preparationComputer system proficiencyData analysisCommunication skillsAttention to detailProblem-solving skills

Required

Working knowledge of the credit union's products and services

Working knowledge of organization's policies/procedures and credit union's service philosophy

Working knowledge of credit union's in-house computer system and internet

Extensive knowledge of state and federal real estate lending regulations

Working knowledge of safety and security program for false alarms, robberies, bomb threats and extortion

Vision: A sighted person to effectively review documents

Speech/Hearing: Ability to communicate verbally and in writing with staff, members and vendors

Manual Dexterity: Ability to perform necessary computer-related input

Physical Mobility: Limited mobility required. Requires the ability to work flexible hours

Ability to understand and follow complex written and oral instructions

Ability to comprehend complex functions and procedures and to be able to disseminate that knowledge in a clear and understandable format to others

Ability to express oneself, clearly and concisely, both orally and in writing

Ability to prepare and maintain confidential records and reports

Ability to gather, assemble, correlate, and analyze facts and develop solutions

Ability to analyze statistics and financial data

Ability to put people at ease

Ability to assess needs of multiple members and prioritize requests to ensure that all members receive the highest quality service possible

Ability to handle daily routine with moderate freedom to interpret and act upon various situations

Ability to present a professional and personable personality that communicates to members and visitors that the credit union is a professional financial institution

Ability to interact with more than one department daily

Ability to work within precise standardized guidelines with some latitude to make decisions and take initiative to resolve problems or unique circumstances

Job requires a two-year college level of language, math and reasoning skills

Two years experience in a related field with equal responsibilities is acceptable

Formal training should be supplemented with continuing education