Mortgage Closer
Location: Depew, New York
Description: HSBC is currently interviewing Mortgage Closer right now, this position will be placed in New York. For complete informations about this position opportunity kindly see the descriptions. :
000022CZ
Description
Interacts with borrowers, settlement agents and other parties involved in the mortgage loan process, with assistance and oversight from senior staff and managers, to ensure accurate and expeditious preparation of all documents needed to close basic mortgage loans. Ensures loan closing is in accordance with all applicable mortgage lending regulations.
Impact on the Business
·
Coordinate mortgage loan closing, including interacting with borrower, attorney, realtor, closing agent, loan officer, processors, underwriters, etc.)
·
Comply with RESPA 2010 through reconciliation of all mortgage loan fees from Good Faith Estimate to HUD 1 Settlement Statement associated with each mortgage loan transaction, including appraisal, title, commitment, interim interest, etc
·
Ensure accuracy of establishment of tax and insurance escrow accounts; ensure accuracy of fees stated for calculation of Truth-in-Lending statement
·
Prepare all documents (i.e. closing package) for delivery to closing agent or bank attorney)
·
Collaborate with off-shore business partners to ensure accuracy of closing packages completed by Global Service Center
Customers / Stakeholders
·
Collaborate with borrowers, loan officers and internal and external partners to obtain additional information as required
·
Manage loans in pipeline actively to ensure deadlines are met within purchase contract requirements, interest rate lock expiration of within time lines established by management
Leadership & Teamwork
·
Collaborate daily effectively and efficiently within Mortgage and internal partners, including Sales, Secondary Marketing, Closing Administration, Processing and Underwriting
Operational Effectiveness & Control
·
Prepare, review and generate closing documentation packages for settlement agents, ensuring all data is properly input into the system and supporting source documentation exists in image files in accordance with Secondary Market standards and HSBC policy
·
Complete HUD review process to ensure final Truth-in-Lending disclosure is within regulatory compliance
Major Challenges
·
Completing multiple tasks under aggressive time constraints and making accurate decisions with a sense of urgency
·
Prioritizing requests and department activities while managing interruptions and attending to details to complete tasks within deadlines
Role Context
·
Mortgage Operations is primarily housed in one centralized location where most employees work on-site, in an office environment with flexible work shift options. The position interacts with external customers, outside vendors and other Mortgage departments and the Bank to facilitate the mortgage lending process. This position processes mortgage loans for properties throughout the United States. Contingency work plans do exist and employees may be necessitated to follow these plans
·
Continuous evolution toward a paperless mortgage loan process
Management of Risk
·
Ensure compliance, operational risk controls in accordance with HSBC or regulatory standards and policies; and optimize relations with regulators by addressing any issues
·
Promote an environment that supports diversity and reflects the HSBC brand
·
Ensure the Company’s security interest in the mortgage is protected
Observation of Internal Controls
·
Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators
Qualifications
·
Minimum of a high school diploma plus a combination of two years mortgage lending operations, banking operations and/or customer service experience. A Bachelor's degree in Business with/without commensurate experience, is preferred
·
Proven communications, analytical, organizational and decision-making skills
·
Knowledge of regulations and guidelines impacting mortgage processing, closing and underwriting activities preferred
·
Proficiency with personal computers as well as pertinent mainframe systems and software packages
·
Detail-oriented
·
Ability to adapt swiftly to ongoing business evolution, as driven by regulatory agencies, economic indicators or internal business directive
Job Field
:
Operations
Primary Location
:
North America-United States-New York-Depew
Schedule
:
Full-time
Shift
:
Day Job
Job Posting
:
17-Aug-2012, 00:00:00
Unposting Date
:
13-Sep-2012, 23:59:59
- .
If you were eligible to this position, please email us your resume, with salary requirements and a resume to HSBC.
Interested on this position, just click on the Apply button, you will be redirected to the official website
This position will be started on: Fri, 17 Aug 2012 23:02:22 GMT