Senior Consumer Real Estate Processor

First Financial Bank; Abilene (TX); On-site; USD 45,000 - 65,000; Full time

Job summary

First Financial Bank in Abilene, TX seeks a loan processor to handle consumer real estate loans with limited supervision. You will review files, ensure compliance with TRID, Reg. B, HMDA and related rules, and deliver accurate disclosures to customers.

Candidates should have 2 years of loan processing experience (or 18 months with Bachelor's), strong communication, detail orientation, and the ability to work toward deadlines in a collaborative bank environment.

Qualifications

• High school graduate with 24 months loan processing experience required; 18 months may substitute with a Bachelor's degree.
• Bachelor's degree is preferred.
• Excellent verbal and written communication skills.
• Excellent interpersonal skills with the ability to discuss complex loan scenarios.
• Ability to work on deadlines with great attention to detail.
• Proactive and independent with the ability to take initiative.
• Excellent time-management skills with a proven ability to meet deadlines.
• The ability to think critically and find alternative solutions.
• Must have a good understanding of applicable regulations, including but not limited to TRID, Reg. B, HMDA, Flood, QM/ATR.
• Must be familiar with Bank policies and procedures.
• Proficient with or the ability to quickly learn loan processing software or other lending systems.
• Proficient with Microsoft Office Suite or related software.

Responsibilities

• Create and deliver loan disclosures to customers in a timely manner while ensuring accuracy and compliance.
• Review each loan file to verify that documents are present, accurate, and complete.
• Ensure that loans are compliant with Federal and State law as well as with Bank policy.
• Perform complex and confidential administrative functions including but not limited to: organizing files, data entry, and maintaining accurate records.
• Process and respond to all incoming methods of communication.
• Adapt to change in the work environment, manage competing demands and handle frequent changes.
• Review documents needed for a complete loan package (credit report, flood, appraisal, title work, etc.).
• Alert lending staff and management when a file may not be compliant with State or Federal law and provide guidance with how to correct.
• Perform all other duties as assigned.

Skills

Communication skills

Interpersonal skills

Time management

Deadline-oriented

Proactive and independent

Critical thinking

Attention to detail

Regulatory knowledge (TRID, Reg. B, HM

Education

Bachelor's degree preferred

Tools

Loan processing software

Microsoft Office

Job description

Address

We're always looking for bright individuals to join our growing organization. As a part of the First Financial Family, we will invest in your development and provide a dynamic work environment where you're challenged, valued and empowered every day. We strive to be the best destination for the industry's top talent, creating a diverse, collaborative workplace that celebrates innovation and change. We are one team, working together to get things done.

Job Description:

Office Location:

Abilene, Texas, United States

SCOPE/RESPONSIBILITIES:

Incumbent has limited contact with lending staff and frequent contact with regional loan officers, lending assistants, other departments, title companies, etc. The incumbent will be required to work consumer real estate loans independently without much direct supervision. Incumbent will review his/her own loans prior to final documents being delivered and advise loan staff on changes because of the review. Incumbent must be able to utilize their expertise to effectively apply bank procedures and ensure loans are compliant with both Federal and State regulations. Incumbent will at times be expected to review the work of other loan processors. Must exercise independent judgment and decision-making in routine situations. The ability to delay or stop a loan closing based on the findings of their review may be required. Assist with routine problems and resolve or refer to supervisor or other departments as needed.

MINIMUM QUALIFICATIONS:

• High school graduate or equivalent certification with 24 months of loan processing experience required. 18 months of loan processing experience may substitute with a Bachelor's degree.
• Bachelor's degree is preferred.
• Excellent verbal and written communication skills.
• Excellent interpersonal skills with the ability to understand and discuss complex loan scenarios.
• Ability to work on deadlines with great attention to detail.
• Proactive and independent with the ability to take initiative.
• Excellent time-management skills with a proven ability to meet deadlines.
• The ability to think critically and find alternative solutions.
• Must have a good understanding of applicable regulations, including but not limited to TRID, Reg. B, HMDA, Flood, QM/ATR
• Must be familiar with Bank policies and procedures.
• Proficient with or the ability to quickly learn loan processing software or other lending systems.
• Proficient with Microsoft Office Suite or related software.

ESSENTIAL FUNCTIONS:

• Create and deliver loan disclosures to customers in a timely manner while ensuring accuracy and compliance.
• Review each loan file to verify that documents are present, accurate, and complete.
• Ensure that loans are compliant with Federal and State law as well as with Bank policy.
• Perform complex and confidential administrative functions including but not limited to: organizing files, data entry, and maintaining accurate records.
• Process and respond to all incoming methods of communication.
• Adapt to change in the work environment, manage competing demands and handle frequent changes.
• Review documents needed for a complete loan package (credit report, flood, appraisal, title work, etc.).
• Alert lending staff and management when a file may not be compliant with State or Federal law and provide guidance with how to correct.
• Perform all other duties as assigned.

The above statements reflect the general details considered necessary to decide the principal functions of the job identified and shall not be construed as a detailed description of all work requirements that may be inherent in the job.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)