Underwriting Assistant I

The Cape Cod Five Cents Savings Bank; Barnstable Village (MA); In loco; USD 45.000 - 60.000; Tempo pieno

Descrizione del lavoro

The Cape Cod Five Cents Savings Bank is seeking an Underwriting Assistant I to support residential mortgage loan processing. You will coordinate between the MLO, customer and underwriter to ensure documentation is complete and meets underwriting standards.

The role emphasizes timely preparation and compliance with loan delivery requirements. The position requires an associate degree or equivalent experience, strong communication skills, and proficiency with MS Office.

Competenze

• Associates degree or equivalent experience in an administrative or business related role.
• Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint).
• Ability to learn various web-based systems.

Mansioni

• Coordinates timely processing of residential mortgage loan applications and ensures critical deadlines are met.
• Orders automated income/asset verification and automated underwriting services.
• Analyzes disclosures for compliance and reviews supporting documentation.
• Orders mortgage services through third-party vendors.
• Obtains missing documentation and prepares preliminary loan package for underwriter review.
• Responds to internal and external inquiries via phone and email while operating within scope of authority.

Conoscenze

Time management

Team collaboration

Written communication

MS Office proficiency

Web-based systems

Formazione

Associates degree

Strumenti

MS Office

Descrizione del lavoro

SUMMARY:

Under the direction of management, the Underwriting Assistant I performs a variety of loan processing duties to ensure loans are compliant and meet the standards and documentation required for delivery into the Bank's portfolio or appropriate secondary market investors. The Underwriting Assistant I coordinates communication between the MLO, customer and Underwriter to ensure the mortgage application process meets all expectations while preparing the application to be underwritten.

ESSENTIAL JOB FUNCTIONS & RESPONSIBILITIES:

1. Coordinates the timely processing of residential mortgage loan applications and ensures critical deadlines are met
2. Orders automated income/asset verification and automated underwriting services
3. Analyses necessary disclosures for compliance and reviews support documentation via appropriate checklists
4. Orders mortgage services through third party vendors
5. Obtains missing documentation and completes the preliminary loan preparation for the Underwriter's review
6. Responds to internal and external customers or vendor inquiries, within scope of authority and expertise via telephone and electronic communication
7. Stays current on new developments within the residential lending field and attends relevant courses and seminars

QUALIFICATIONS:

EDUCATION & CERTIFICATIONS: (Minimum education required to perform the duties of this position)

• Associates degree, or equivalent experience in an administrative or business related role.*

KNOWLEDGE, SKILLS & ABILITIES:

• Strong time management and organizational skills
• Ability to work in a team environment under deadline pressure
• Ability to communicate in an effective and efficient manner both verbally and written
• Proficiency with Microsoft Office Suite (Word, Excel, and PowerPoint) products is required
• Tech savvy with ability to learn various web based systems

COMPETENCIES:

• Must have cyber security awareness to protect the digital environment, the Bank, and customers.
• Functional/Technical Skills
• Learning on the Fly
• Organizing
• Problem Solving
• Self-Development
• Time ManagementApproachability
• Customer Focus
• Ethics and Values
• Humor
• Integrity and Trust
• Peer Relationships
• Written Communications

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights notice from the Department of Labor.