Blackhawk Community Credit Union ยท 1 day ago
Lending Processing Specialist
Janesville, WI, US
Full-time
Onsite
Entry, Mid Level
2+ years expBlackhawk Community Credit Union is a financial institution seeking a Lending Processing Specialist to assist in the mortgage loan process. The role involves preparing, coordinating, and verifying loan applications while ensuring compliance with regulatory requirements and providing exceptional service to members.
Credit CardsFinancial Services
Responsibilities
Assist in the loan process by preparing applications for approval or other dispositions and ordering documents needed to complete loan files
Review and fulfill loan information received from loan officers within 48 hours of receipt, ensuring all necessary documentation is collected for proper processing and underwriting
Coordinate, prepare, and assist with pre-document reports, filing, and verification of loan documents
Order appraisals, flood determinations, title commitments, tax transcripts, and other required documentation as needed, sending appropriate order forms to vendors
Request and verify the accuracy of incoming data, coordinating with members and loan originators to resolve any issues or discrepancies
Adhere to critical regulatory requirements regarding compliance for disclosures and timelines, including the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control
Assemble and analyze borrower data, compute ratios for submission to loan underwriters, and assist with Desktop Underwriting
Present loan files to Underwriting for additional credit decisions when necessary and prepare and send commitment letters or adverse action notices
Assist in obtaining additional information needed to meet conditions of loan approval, including payoff statements and homeowners insurance information
Complete instruction forms for closing and manage data entry for loan transactions
Conduct pre-closing and post-closing audits to ensure all documents are signed, initialed, and that all closing requirements have been satisfied
Perform quality control checks of mortgage loans through Meridian Link (LOS) and maintain up-to-date knowledge of all regulatory policies and standards related to this position
Provide detail-oriented and helpful service that promotes financial discipline through daily interactions, maintaining a professional image and organized workstation
Promote all services available at BHCCU and assist with member mortgage inquiries as needed
Complete required annual BSA training to ensure understanding of responsibilities related to Customer Identification Programs (CIP), Currency Transaction Reports (CTR), and Suspicious Activity Reports (SAR)
Create folders for real estate-related products
Ability to organize and prioritize daily, weekly, and monthly tasks
Qualification
Required
Pass the pre-employment drug test and background check
Associate's Degree or an equivalent level of knowledge, skills, and abilities typically acquired through work experience
Must be at least 18 years of age
Two years of previous Mortgage Processing Experience
Assist in the loan process by preparing applications for approval or other dispositions and ordering documents needed to complete loan files
Review and fulfill loan information received from loan officers within 48 hours of receipt, ensuring all necessary documentation is collected for proper processing and underwriting
Coordinate, prepare, and assist with pre-document reports, filing, and verification of loan documents
Order appraisals, flood determinations, title commitments, tax transcripts, and other required documentation as needed, sending appropriate order forms to vendors
Request and verify the accuracy of incoming data, coordinating with members and loan originators to resolve any issues or discrepancies
Adhere to critical regulatory requirements regarding compliance for disclosures and timelines, including the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control
Assemble and analyze borrower data, compute ratios for submission to loan underwriters, and assist with Desktop Underwriting
Present loan files to Underwriting for additional credit decisions when necessary and prepare and send commitment letters or adverse action notices
Assist in obtaining additional information needed to meet conditions of loan approval, including payoff statements and homeowners insurance information
Complete instruction forms for closing and manage data entry for loan transactions
Conduct pre-closing and post-closing audits to ensure all documents are signed, initialed, and that all closing requirements have been satisfied
Perform quality control checks of mortgage loans through Meridian Link (LOS) and maintain up-to-date knowledge of all regulatory policies and standards related to this position
Provide detail-oriented and helpful service that promotes financial discipline through daily interactions, maintaining a professional image and organized workstation
Promote all services available at BHCCU and assist with member mortgage inquiries as needed
Complete required annual BSA training to ensure understanding of responsibilities related to Customer Identification Programs (CIP), Currency Transaction Reports (CTR), and Suspicious Activity Reports (SAR)
Create folders for real estate-related products
Ability to organize and prioritize daily, weekly, and monthly tasks
Knowledge of loan processing procedures and regulatory compliance
Excellent communication and interpersonal skills
Ability to work efficiently and accurately in a fast-paced environment
Strong attention to detail to ensure that work is accurate, precise, and free from errors, leading to higher quality outputs
Express ideas clearly and concisely, listen actively, and ensure information is transmitted accurately and efficiently
Experience with different types of mortgage loans, escrow and ARM requirements
Familiar with various online origination and mortgage system software
Must possess strong interpersonal skills, a positive attitude, and a desire to help people
Must possess effective verbal and written communication skills
Must possess good judgment
Must possess basic math skills
Ability to organize and prioritize work and maintain accurate records
Ability to manage time effectively to meet deadlines
Projects a professional image
Ability to communicate with a diverse membership and employee group
Ability to accomplish the described responsibilities through the use of computers and technology
Ability to sit and/or stand for extended periods of time
Ability to work in a changing, challenging, and fast paced work environment
Variable stress levels
Provide own transportation
Occasional business travel
Preferred
Previous experience recommending products and plans to improve a customer's financial position
Knowledge of banking and/or credit union regulations
Company
Blackhawk Community Credit Union
Blackhawk Community Credit Union is a member-owned financial services organization.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Matt Wohlers
EVP CFO
Lindsey DeBartelo
Chief Operating Officer
Company data provided by crunchbase