Mortgage Post Closing Manager

Plains Commerce Bank; Sioux Falls (SD); On-site; USD 42,000 - 68,000; Full time

Benefits offered by this job

Medical, Dental and Vision

FSA/Dependent Care

Disability & Life Insurance

Paid Vacation & Sick Leave

401K & Profit Sharing

Job summary

Plains Commerce Bank is seeking a Post Close specialist to manage the post-close process and facilitate mortgage loan sales to the secondary market, while assisting with regulatory reporting. This role emphasizes accuracy, confidentiality, and customer service within a collaborative team environment.

Responsibilities include coordinating post-closing activities, MERS transfers, investor condition clearances, and ongoing reporting.

Qualifications

• Must be a mature, responsible individual with a professional appearance, be dependable and take pride in their work.
• Attention to detail is a must in this position.
• General PC knowledge and the Internet is required, must be capable of accurate typing, and learning various computer software programs.
• Familiarity with loan documentation requirements is needed.
• Must enjoy helping customers and fellow employees.
• Must be trustworthy and maintain a high level of confidentiality.
• Must be able to multi-task and work under stress and pressure.
• Must be able to communicate effectively, get along with co-workers and deal with colleagues effectively and professionally.

Responsibilities

• Coordinate Training of Post Closing Associates.
• Coordinate intake of loans after closings.
• Coordinate MERS transfers.
• Coordinate delivery of loans to investors.
• Coordinate clearing of investor purchase conditions.
• Clear post-funding conditions (title policies, recorded mortgages, insurance documents, address/clear potential loan defects).
• Monitor loans Held for Sale balance.
• Resolve or escalated material deficiencies.
• Report material deficiencies to management, and coordinate refinances of unsellable loans.
• Supervise the work conduct of employees in the Post Close department.

Skills

Professionalism

Attention to detail

PC literacy

Loan documentation

Customer service

Confidentiality

Multi-tasking

Communication

Job description

Position Purpose: Manage post close and facilitate the sale of mortgage loans to the secondary market and assist with the Bank's regulatory reporting process.

Position Purpose: Manage post close and facilitate the sale of mortgage loans to the secondary market and assist with the Bank's regulatory reporting process.

Qualities of the successful candidate include:

• Must be a mature, responsible individual with a professional appearance, be dependable and take pride in their work.
• Attention to detail is a must in this position.
• General PC knowledge and the Internet is required, must be capable of accurate typing, and learning various computer software programs.
• Familiarity with loan documentation requirements is needed.
• Must enjoy helping customers and fellow employees.
• Must be trustworthy and maintain a high level of confidentiality.
• Must be able to multi-task and work under stress and pressure.
• Must be able to communicate effectively, get along with co-workers and deal with colleagues effectively and professionally.

Responsibilities of this position include (but not limited to):

• Coordinate Training of Post Closing Associates.
• Coordinate intake of loans after closings.
• Coordinate MERS transfers.
• Coordinate delivery of loans to investors.
• Coordinate clearing of investor purchase conditions.
• Clear post-funding conditions (title policies, recorded mortgages, insurance documents, address/clear potential loan defects).
• Monitor loans Held for Sale balance.
• Resolve or escalated material deficiencies.
• Report material deficiencies to management, and coordinate refinances of unsellable loans.
• Supervise the work conduct of employees in the Post Close department.

• Medical, Dental and Vision
• FSA or Dependent Care
• Supplemental Accident, Hospital, or Critical Illness Plans
• Employer paid Life Insurance, Short Term Disability, and Long-Term Disability
• Additional Voluntary Life Insurance Options
• Paid Vacation, Sick and Volunteer leave
• 401K and Profit Sharing
• discounted rates on banking and mortgage services
• fee waivers
• access to special financial products
• These benefits are designed to support your financial well-being as a valued member of our team.

Compensation for positions is based on the specific position and may be paid in the form of an hourly wage, overtime, a semi-monthly salary, commissions, or a combination of them. Depending on the specific position, some may be paid solely on commissions or others may include a bonus structure.

Plains Commerce Bank is an Affined Action/Equal Opportunity Employer committed to providing equal employment opportunity without regard to an individual's race, religion, color, gender, national origin, ancestry, age, sexual orientation, disability, or veteran status.