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Underwriter in Brookfield, WI at PointOne Recruiting Solutions

Date Posted: 5/12/2019

Job Snapshot

Job Description

Category: Banking & Financial ServicesJob Location: Brookfield, WI

Job Description:

This position is responsible for reviewing closed loan documents to ensure compliance in accordance with Investor guidelines and regulations, obtaining corrections when necessary and the delivery of files to the Investors prior to the expiration date. Responsible for the follow-up of final recorded documents from Settlement/Escrow Agents in a timely manner.  Maintain pipeline of loan files submitted for processing, approved and PTF conditions. The Post Closer must be self -sufficient and show the initiative to self -educate in industry products and program guidelines.

Job Qualifications:

A minimum of three (3) years current mortgage experience.
In-depth understanding of regulatory guidelines and requirements of Secondary Market as it pertains to closing documents preferred
Ability to deliver effective results and to meet deadlines with minimal supervision
Sound judgment and decision making skills
High school diploma or equivalent.
Proficient in computers including LOS systems, Microsoft Office and Excel.
Ability to type a minimum of 25 WPM
Self-starter and have the ability to communicate and work well with escrow companies, Investors and co-workers
Possess clear, concise and effective written and oral communication skills
Professional demeanor in appearance, interpersonal relations, work ethic and attitude

Experience:

Ensures that all closed loans are in compliance with federal, state laws and meet company policies and Investor guidelines.
Reviews all closed loans for accuracy and completeness ensuring that all conditions have been met and the loans meet the company standard for quality.
Handles and assists with the clearing of Investor's requirements and requests; prevents and/ or resolves issues as they arise.
Verifies that all stipulations requested are valid and met to ensure that loans are saleable/purchased.
Requests and follows up daily with Underwriters/Closers on all outstanding conditions for loans in a “Suspense “status.
Monitors “Aging Report” from warehouse lender(s) to ensure that loans do not exceed the 15 day threshold set by the company.
Updates and distributes the “Status Report” to Senior Management daily.
Keeps Senior Management abreast of any and all Investor related issues.
Corresponds with escrow agents/title companies to obtain outstanding documents not returned in a timely manner.
Works independently and prioritizes multiple projects while meeting pre-established deadlines.
Assists with other aspects of the Closing/Post Closing process on an as-needed basis.