Hybrid Mortgage Disclosure Analyst II (1 Day Remote)

Newtown Savings Bank; Newtown (CT); Hybrid; USD 60,000 - 78,000; Full time

Benefits offered by this job

401(k) plan

Medical benefits

Paid time off

Short- and long-term disability

Job summary

Newtown Savings Bank in Newtown, CT is seeking a Disclosure Desk Analyst II to prepare and deliver mortgage disclosures, review loan files for regulatory compliance, and support the lending process. The onsite role offers a remote option of one day per week, with emphasis on accuracy and timely processing.

Ideal candidates bring Encompass experience, strong organizational skills, and proficiency in Microsoft Office to ensure precise disclosures and effective collaboration with Mortgage Officers

Qualifications

• 4 years of relevant mortgage loan experience preferred in lieu of formal education.
• High School Diploma required.
• Eagerness to learn regulations, policies, and procedures.
• Experience with processing and disclosing in Encompass is preferred.
• Strong understanding of mortgage lending and banking principles.
• Excellent written and verbal communication; ability to troubleshoot independently.
• Organizational and time management skills with multiple priorities.
• Proficiency in Microsoft Office; Encompass experience is a plus.

Responsibilities

• Prepare and issue initial disclosures within regulatory timeframes and review loan fees for TRID/RESPA/ECOA compliance.
• Prepare redisclosures and verify valid changes in circumstance.
• Maintain quality, productivity, and turnaround time standards; support SLAs.
• Monitor pipeline and disclosure turn times; manage deadlines.
• Communicate with Mortgage Loan Officers and Borrowers; issue notices as needed.
• Assign files to Processors and provide backup for Pre-Processor tasks.
• Support Processing Department to promote efficient workflow and regulatory compliance.
• Ensure accurate disclosure tracking within Encompass and proper document uploads.

Skills

Mortgage disclosures

TRID knowledge

RESPA compliance

ECOA knowledge

Encompass experience

Microsoft Office

Communication skills

Time management

Detail-oriented

Education

High School Diploma

Tools

Encompass

Excel

Outlook

Word

Job description

Newtown Savings Bank is seeking a Disclosure Desk Analyst II to join our team. In this role, you will be responsible for the timely preparation and delivery of mortgage disclosures, as well as reviewing loan files to ensure accuracy and compliance with regulatory requirements. This position supports the mortgage lending process by helping ensure disclosures are completed accurately and in accordance with established guidelines.

This is an onsite opportunity at our corporate office in Newtown, CT. The role has a remote option of one day per week.

PRIMARY RESPONSIBILITIES

• Prepare and issue initial disclosures within required regulatory timeframes, utilizing a comprehensive understanding of loan products related documentation. Review and validate loan fees for accuracy to ensure compliance with TRID, RESPA and ECOA requirements. Prepare and deliver redisclosures within regulatory deadlines and verify valid changes in circumstance.
• Maintain established quality, productivity, and turnaround time standards while adhering to all internal service level expectations and departmental objectives.
• Monitor pipeline volume and disclosure turn times with a focus on accuracy, transparency, and customer service. Proactively track and manage all disclosure related deadlines.
• Apply critical thinking and problem solving skills to promptly identify, escalate, and resolve any potential compliance concerns in a timely manner.
• Maintain a working knowledge of TRID regulations to efficiently and accurately respond to inquiries.
• Communicate professionally and effectively with team members in a timely manner.
• Prepare and issue redisclosures for all loan files, as required while ensuring compliance with applicable regulatory requirements and established timelines.
• Maintain accurate disclosure tracking within Encompass and ensure all required documents are property uploaded.
• Follow up with Mortgage Loan Officers and Borrowers to obtain the Intent to Proceed. Issue Notice of Incomplete Application to borrowers as needed.
• Assign loan files to designated Processors and provide backup support for the Pre-Processor function as needed.
• Provide support to the Processing Department as needed to promote efficient workflow management and achievement of departmental goals.
• Monitor loan pipeline views and workflow queues to ensure loans progress through the Loan Origination System efficiently while maintaining compliance with all applicable regulations.

POSITION REQUIREMENTS

• 4 years of relevant mortgage loan experience preferred in lieu of formal education.
• High School Diploma required.
• Must possess a positive attitude and be eager to learn regulations, policies, and procedures.
• Experience with processing and disclosing in Encompass is preferred.
• An understanding of mortgage lending and banking principles required.
• Requires strong organizational and time management skills along with detail analysis and the ability to manage multiple priorities in a fast-paced environment.
• Excellent skill set in written and verbal communication, and the ability to troubleshoot using independent judgement to solve problems.
• Ability to interact effectively with all related departments.
• Microsoft Office, Outlook, Word and Excel required.
• Encompass experience is a plus.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Any physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Full-time employees also receive a complete benefit package including a generous 401(k) with employer match, medical, dental, and vision benefits, paid time off, paid holidays, incentive compensation, short- and long-term disability programs, and other fringe benefits.

Newtown Savings Bank is an equal opportunity employer and complies with affirmative action programs for qualified veterans and individuals with disabilities. Newtown Savings Bank shall not discriminate against any employee or applicant for employment based on race, color, religion, gender, age, marital status, national origin/ancestry, sexual orientation, gender identity, disability status, protected veteran status, or any other legally protected status.