USDA Loan Closings Lead — Compliance & Process

Cogent Bank; United States; Remote; USD 90.000 - 120.000; Vollzeit

Zusammenfassung

Cogent Bank is seeking a USDA Closing Manager to lead the closing function, ensuring compliance with USDA Rural Development guidelines, investor requirements, and regulatory standards. You will coordinate with underwriters, processing, title companies, attorneys, and borrowers to close loans accurately and on time.

As a subject matter expert, you will train closing staff, monitor pipelines, implement process improvements, maintain records, and support audits.

Qualifikationen

• Minimum of 5 years of mortgage loan closing experience.
• Minimum of 2 years of USDA Rural Development loan program experience.
• Previous supervisory or management experience preferred.

Aufgaben

• Manage the end-to-end USDA loan closing process from closing approval through funding.
• Review loan files to ensure closing readiness and compliance with USDA Rural Development requirements.
• Coordinate loan closing activities with borrowers, processors, underwriters, title companies, attorneys, and other third parties.
• Ensure all closing packages are prepared accurately and delivered within established service levels.
• Monitor closing pipelines and prioritize workloads to achieve operational goals.
• Maintain compliance with USDA Rural Development regulations, investor guidelines, state laws, and federal lending requirements.
• Review closing documents for accuracy, completeness, and compliance prior to funding.
• Ensure all required USDA conditions have been satisfied before loan closing.
• Identify and resolve issues that could delay closing or affect loan salability.
• Support internal and external audits, examinations, and quality control reviews.
• Develop and implement process improvements to increase efficiency and enhance the customer experience.
• Maintain accurate records and reporting related to USDA loan closings.
• Track and report key performance indicators, including turn times, closing volumes, funding timelines, and quality metrics.
• Collaborate with underwriting, processing, secondary market, compliance, and operations teams to improve workflow effectiveness.
• Ensures BSA compliance by reading and being familiar with the BSA/AML program/policy; following all BSA/AML/OFAC policies and procedures; and completing all BSA/AML/OFAC related online courses.
• All other tasks, responsibilities, or duties, as directed by management.

Kenntnisse

Mortgage closing experience

USDA RD knowledge

Leadership experience

Attention to detail

Communication skills

Ausbildung

Bachelor’s degree in Business Administration, Finance, Banking

Tools

Mortgage origination systems

Document preparation software

Microsoft Office

Jobbeschreibung

Cogent Bank is seeking a USDA Closing Manager to lead the closing function, ensuring compliance with USDA Rural Development guidelines, investor requirements, and regulatory standards. You will coordinate with underwriters, processing, title companies, attorneys, and borrowers to close loans accurately and on time.

As a subject matter expert, you will train closing staff, monitor pipelines, implement process improvements, maintain records, and support audits.