Senior Processor

Global Credit Union

$63K — $99K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • High school diploma or equivalent required.
  • 1-2 years experience in Processor III role or prior mortgage experience is essential.
  • Preferred: 2+ years of direct public contact experience.
  • Required: Proficient typing skills with some math aptitude and understanding of letter composition.
  • Familiarity with mortgage loan processing and basic program requirements necessary.

Responsibilities

  • Verify mortgage loan application information through employer, bank, and creditor communication.
  • Maintain accurate logs and files for processed mortgage applications.
  • Order appraisals, surveys, and credit reports as specified by the Underwriter.
  • Coordinate with originators to collect required documentation and submit to underwriting.
  • Respond professionally to member inquiries and concerns.
  • Input and validate data into Automated Underwriting systems for closing.
  • Mentor junior processors and assist in training activities.

Benefits

  • Short-term and long-term incentives offered.
  • Comprehensive medical, dental, and vision plans with HSA and FSA options.
  • 401(k) retirement plan with 5% company match.
  • Employee Assistance Program (EAP) available.
  • Coverage for life and disability provided.
  • Voluntary cash benefits for accident, hospitalization, and critical illness.
  • Tuition reimbursement program to further education.
  • Generous leave policies including Paid Time Off, Sick Leave, and Paid Holidays.
Full Job Description
Overview

Reports To: Mortgage Processing Supervisor

Functions Supervised: None

Primary Functions: Process mortgage loan applications and assist assigned originator. Act as a coach and mentor to other Processors within the department.

Duties and Responsibilities:
  1. Verify all information received in the mortgage loan application via letters to employers, banks, creditors, etc.
  2. Maintain logs and files as necessary regarding mortgage loan applications processed.
  3. Order appraisals, surveys and updated credit reports, as directed by the Underwriter.
  4. Communicate and coordinate with originators and members, collection of documentation and information, stipulations/conditions or any other pertinent data needed to submit to underwriting and obtain approval.
  5. Address member concerns and inquiries quickly, professionally and courteously.
  6. Input, validate and confirm all required data into appropriate Automated Underwriting (AU) system(s) required for approval and closing.
  7. Order items timely and accurately to ensure processing time frames are met and production standards and goals are achieved.
  8. Respond to Quality Control and Loan Delivery requests within specified time lines as directed by each department.
  9. Provide assistance to and help in the training of other processors as necessary.
  10. Review processed loan packages prior to submission to ensure completeness, quality and accuracy.
  11. Participate in seminars and other training to maintain required knowledge and skill development. Complete all required training within specified deadlines.
  12. Act as a Team Lead within your department. Coach, train and mentor other Processors.
  13. Expert pipeline management and meeting deadlines.
  14. Perform other duties as assigned.


Qualifications

Education: High school graduate or equivalent.

Creditable Experience in Lieu of Education: Not Applicable

Experience/Skills: One to two years in the Processor III position or prior mortgage experience. Two plus years direct public contact preferred. Expert proficient at typing with a knowledge of office machines, some math aptitude and letter composition familiarity. One year experience in mortgage loan processing with basic knowledge of most program processing requirements. Personal computer experience preferred.

Tenure: Processor I (Category 13) requires 12 months tenure in a Category 14 mortgage position with a meets or exceeds expectations. Processor II (Category 12) requires 12 months tenure in Processor I (Category 13) position with a meets or exceeds expectations. Processor III (Category 11) requires 1-2 years tenure in a Processor II (Category 12) position with a meets or exceeds expectations. Senior Processor (Category 10) requires 1-2 years in a Processor III (Category 11) position with a meets or exceeds expectations. Directly related work experience and/or accelerated training completion may be substituted for tenure for all positions.

Compensation

Starting base salary will be determined based on candidate experience, qualifications, education, and applicable local or state wage requirements, and will fall within the range provided below. In accordance with our Salary Administration policy, new hire base salaries generally fall between the minimum and midpoint of the listed range.

Salary Pay Range: 10

$63,233 - $99,908 annually

Benefits

  • Short-term and long-term incentives
  • Comprehensive medical, dental and vision insurance plan that has HSA and FSA options
  • 401(k) plan with a 5% match
  • Employee Assistance Program (EAP)
  • Life and disability coverage
  • Voluntary cash benefits for accident, hospitalization and critical illness
  • Tuition Reimbursement
  • Generous leave programs to include Paid Time Off accrual, Paid Sick Leave, Paid Holidays
  • Click here to view Global's comprehensive Benefits Programs

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