Lock Desk and Disclosure Desk Coordinator Position Available In Richland, South Carolina

Lock Desk and Disclosure Desk Coordinator Palmetto Citizens Federal Credit Union – 4.1

Columbia, SC Job Details Full-time Estimated:

$37.3K – $47.9K a year 9 hours ago Qualifications Pricing Fair Housing regulations Mid-level High school diploma or GED Bachelor’s degree Organizational skills Associate’s degree Loan processing

Marketing Full Job Description Overview:

The Lock Desk and Disclosure Desk Coordinator plays a vital role in supporting the mortgage department by ensuring accurate and timely loan disclosures and managing interest rate locks. This position ensures compliance with federal and state regulations, including TRID and RESPA, while maintaining the integrity of borrower and loan data throughout the process. In addition, the coordinator oversees daily lock desk operations, including locking loans, updating the Product and Pricing Engine (PPE), and monitoring rate changes for both portfolio and secondary market loans. The role requires strong attention to detail, regulatory knowledge, and the ability to thrive in a fast-paced, deadline-driven environment.

Responsibilities:

Disclosure Desk Duties Prepare and issue initial loan disclosures and re-disclosures in accordance with TRID, RESPA, and other applicable regulations. Review disclosure packages for accuracy and completeness, ensuring all borrower and loan data is correct and up to date. Identify and validate changed circumstances requiring redisclosure; update documentation and ensure regulatory compliance. Route disclosures to internal teams, borrowers, and third parties within required timelines. Maintain disclosure records and audit trails to support compliance reviews and audits. Serve as a point of contact for loan officers and processors regarding disclosure questions or clarifications. Monitor pipeline activity to proactively identify disclosure needs or timing risks. Lock Desk Duties Manage daily lock desk operations including rate locks, lock extensions, and lock modifications. Process locks for both portfolio loans and loans sold on the secondary market. Maintain and update the organization’s Product and Pricing Engine (PPE) with current investor pricing and loan program information. Monitor daily rate sheets and investor communications for changes in pricing or guidelines. Collaborate with loan officers, processors, and underwriters to resolve lock-related issues or questions. Ensure all locks are accurately recorded in the loan origination system and confirmed with investors when applicable. Analyze lock expiration reports to help manage pipeline movement and avoid lock fallout. General Responsibilities Supporting Both Desks Ensure full compliance with all federal, state, and agency regulations related to disclosures, rate locks, and loan documentation. Maintain effective communication with internal departments to ensure smooth processing from application through closing. Assist in preparing reports related to lock activity, disclosure compliance, pipeline status, and operational performance. Participate in audits and compliance reviews by providing accurate documentation and responding to inquiries. Proactively identify process improvement opportunities to enhance efficiency and accuracy. Cross-train with other team members to ensure continuity and coverage during absences or high-volume periods. Support onboarding and training of new team members as needed. Stay current on industry updates, regulatory changes, and best practices related to mortgage lending. Follow company policies and procedures. Perform other related duties as required or assigned.

Qualifications:

High School Diploma or equivalent required; Associate’s or Bachelor’s degree preferred. 2-5 years of mortgage industry experience, with a focus in compliance or secondary marketing strongly preferred. Solid understanding of mortgage terminology, loan structures, and key industry concepts. knowledge of mortgage pricing and profitability at both the individual loan level and across the overall mortgage portfolio. Thorough understanding of applicable federal and state regulations, including TRID, RESPA, HMDA, and ECOA, with the ability to interpret and apply them in real-world scenarios. Ability to accurately identify and document valid changed circumstances in accordance with regulatory guidelines. Exceptional attention to detail, strong organizational skills, and the ability to manage competing priorities under tight deadlines. Working knowledge of various loan types and programs, including FHA, VA, USDA, and Construction-to-Permanent loans. Equal opportunity employer as to all protected groups, including protected veterans and individuals with disabilities.