Mortgage Loan Processing Associate – Consumer Home Lending

Bank of China USA; New York (NY); On-site; USD 42,000 - 90,000; Full time

Job summary

Bank of China USA is seeking a Consumer Residential Mortgage Loan Process Associate in New York. The role involves managing consumer mortgage loan transactions, ensuring compliance with policies and regulatory requirements. Responsibilities include reviewing loan documents, tracking disbursements, preparing mortgage payment schedules, and monitoring insurance policies. The ideal candidate holds a Bachelor’s degree and has banking experience. Salary range is $42,000 to $90,000 per year, based on experience and qualifications.

Qualifications

• Bachelor's degree required.
• Experience in banking and financing is highly preferred.
• Understanding of different types of mortgage lending structure.

Responsibilities

• Review loan and credit financing documents.
• Timely track and process disbursements of fees.
• Verify escrow of flood insurance premium.
• Create and maintain payment and insurance tax files.
• Prepare mortgage payment schedules.

Skills

Banking and financing experience

Understanding of mortgage lending structure

Reconciliation of payments

Basic accounting principles

Education

Bachelor's degree

Job description

Bank of China USA is seeking a Consumer Residential Mortgage Loan Process Associate in New York. The role involves managing consumer mortgage loan transactions, ensuring compliance with policies and regulatory requirements. Responsibilities include reviewing loan documents, tracking disbursements, preparing mortgage payment schedules, and monitoring insurance policies. The ideal candidate holds a Bachelor’s degree and has banking experience. Salary range is $42,000 to $90,000 per year, based on experience and qualifications.