Senior Loan Processor

in Accounting + Finance
  • Melville, New York View on Map
  • Salary: $45.00 - $45.00
Contract

Job Detail

  • Experience Level Mid Level
  • Degree Type Bachelor of Arts (BA)
  • Employment Contract
  • Working Type On Site
  • Job Reference 0000016026
  • Salary Type Hourly
  • Industry Banking
  • Selling Points

    Enhance your expertise in residential mortgage lending as a Senior Loan Processor. Collaborate with a dynamic team in a temporary on-site role. Gain valuable experience in a fast-paced environment.

Job Description

Overview

  • Serve as a Senior Loan Processor specializing in residential mortgage lending, ensuring accurate and timely processing of loan applications.
  • Temporary contract role covering for an employee on leave, with a duration of three months.
  • Work primarily on-site, with at least four days per week required in the office.
  • Collaborate with team members to meet deadlines and maintain compliance with lending regulations.
  • Utilize strong analytical and problem-solving skills to address loan processing challenges.
  • Engage in comprehensive training to ensure adherence to company standards and procedures.
  • Leverage advanced computer skills to manage loan processing systems effectively.
  • Contribute to the success of the residential mortgage lending department through meticulous attention to detail.

Key Responsibilities & Duties

  • Process residential mortgage loan applications, ensuring accuracy and compliance with regulations.
  • Coordinate with borrowers, underwriters, and other stakeholders to gather necessary documentation.
  • Review loan files for completeness and resolve any discrepancies promptly.
  • Maintain detailed records of loan processing activities and updates.
  • Provide exceptional customer service to borrowers and internal teams.
  • Participate in training sessions to stay updated on industry standards and company policies.
  • Ensure timely submission of loan applications for underwriting and approval.
  • Utilize advanced computer systems to streamline loan processing workflows.

Job Requirements

  • Bachelor of Arts (BA) degree required, preferably in a related field.
  • Minimum of 3 years of experience in residential mortgage lending; 5 years preferred.
  • Strong analytical and problem-solving skills to address loan processing challenges.
  • Excellent communication skills for effective collaboration with borrowers and team members.
  • Proficiency in computer systems and software relevant to loan processing.
  • Ability to work on-site for at least four days per week.
  • Detail-oriented approach to ensure accuracy and compliance in loan files.
  • Commitment to completing a temporary three-month contract role.
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