Sr. Loan Processor
Mechanics Bank
Seattle, WA
JOB DETAILS
JOB TYPE
Full-time, Employee
SKILLS
Analysis Skills, Business Writing, Communication Skills, Consumer Loans, Customer Support/Service, Detail Oriented, Documentation, Error Handling, Escrow, Establish Priorities, Federal Laws and Regulations, Home Liens, Loan Closing, Loan Documents, Loan Origination, Loan Processing, Loan Regulations, Microsoft Access Database, Microsoft Excel, Microsoft Word, Mortgage, Mortgage Lending, Organizational Skills, Prescription Drugs, Problem Solving Skills, Project Tracking, Regulatory Requirements, Sales, Sales Pipeline, Second Mortgage, Secondary School, State Laws and Regulations, Tax Returns, Team Player, Time Management, Underwriting, Willing to Travel
LOCATION
Seattle, WA
POSTED
30+ days ago
What you will do:
Under minimum supervision, performs at a proficient skill level all aspect of the department including advanced knowledge of loan documentation software (e.g. LaserPro or Encompass) for First and Second Lien Mortgages. Reviews all loan applications, including the most complex and non-standard cases, for completeness and accuracy. Verify applicant information, income, employment history and credit
Collect and organize all necessary documentation from sales team. Order verifications and validate documentation and information
Maintain clear and open communication with sales team, underwriters, escrow, etc., throughout the loan process. Prepare and submit complete loan files to underwriting for approval
Ensure compliance with all federal and state regulations governing mortgage lending
Identify and resolve any issues or discrepancies in loan file. Manage loan pipeline to meet processing deadlines, loan contingencies and closing dates
Participates in departmental projects. May oversee work of less experienced loan processors Performs all other job duties as assigned by supervisor.
Who you are:
High School or GED
5 years of related experience required
Proficient with:
MS Word
MS Excel
MS Access
MS Outlook
Internet
Encompass (LOS)
Advanced knowledge of lending regulations and documentation
Critical thinking
Adept in dealing with unusual or problematic cases
Experience with training employees
Assist in documenting and maintaining procedures which include relevant controls to meet policy and regulation requirements
Possess excellent human relations, communications and business writing skills.
Ability to maintain a positive and friendly attitude even when under pressure
Ability to work effectively without direct supervision.
Ability to comprehend and interpret Bank policies and procedures.
Possess effective time management and organizational skills.
Demonstrates teamwork in facilitating workflow. High level of cooperation with others and is responsive to the Bank's needs.
Exemplary motivation, enthusiasm, professionalism and team skills.
Have high level of accuracy and great attention to detail.
Strong analytical and problem solving skills.
Demonstrates excellent customer service skills.
Ability to cope with pressure resulting from meeting required deadlines, reporting requirements and training responsibilities.
Exhibit high degree of professionalism and confidentiality in handling and having access to sensitive customer or employee information.
Ability to handle constant use of tact, discretion and good judgment.
Ability to travel between bank locations and/or commute for training purposes - less than 25%
#LI-DNI
Pay Range: $22.54 - $38.32 hourly
Our comprehensive employee benefits program is designed for you to live your best life at work, home, and everywhere in between. Employees working 25 hours or more per week are eligible for health benefits effective the first day of the month following or coinciding with their date of hire.
Benefits package includes[1]:
Medical, prescription, dental, and vision coverage for employees and their eligible family members
Employer paid Employee Assistance Program, Life Insurance, AD&D, and Disability benefits
Health Savings Account with employer contribution
Healthcare and Dependent Care Flexible Spending Accounts and Commuter/Parking Benefit
401(k) and Roth 401(k) with company contribution
529 Education Savings plan, Tuition Reimbursement Program and Student Loan Assistance Program
Supplemental Health plans, Voluntary Legal and Identity Theft Services
11 paid holidays, paid Sick days (accrual of one hour for every 30 hours worked), up to 25 paid vacation days, and 16 hours of paid volunteer time throughout the calendar year
Free personal checking and savings account; Discounted rates on primary residence loan with $0 origination fees (restrictions apply)
Final compensation package will be determined by the work experience, education, and/or skill level of the applicant along with internal equity and alignment with geographic market data.
Please view Equal Employment Opportunity Posters provided by OFCCPhere.
To learn more about Mechanics Bank's California privacy and security policies, including your right to a Notice At Collection as a California Resident, please visit
California Privacy Policy for Prospective Employees | Mechanics Bank
[1] The benefits listed in this job posting reflect the Bank's most reasonable and genuinely expected benefits offered for this position.
Mechanics Bank is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, religion, national origin, age, genetic information, veteran status, or on the basis of disability, gender identity, sexual orientation or other bases prohibited by applicable law.
About the Company
M
Mechanics Bank
Founded in 1905, Mechanics Bank provides personal banking, business banking, trust and estate services, brokerage and wealth management services throughout California. As a community bank, we invest in the same communities in which we live and work.
In a vacant store front near the corner of 3rd and Macdonald Avenue, a small bank opened its doors in 1905. Soon after, that bank would take on a name based on its association with the workers of Richmond’s two largest employers at the time, Standard Oil and the Santa Fe Railroad. Under the leadership of local businessman and banker E.M. Downer, it would not only survive the Great Depression and two world wars, but it would also grow and prosper in step with the Bay Area, serving the needs of local businesses and families. Now, more than a century later, that bank – Mechanics Bank – continues the legacy of commitment based on one man’s principles of building lasting relationships, enriching local lives and local communities, driving local economic growth and exceeding client’s expectations every day.
COMPANY SIZE
500 to 999 employeesINDUSTRY
Banking
WEBSITE
https://www.mechanicsbank.com/