Find & Apply For Loan Processor / Assistant Jobs in Westfield, Massachusetts

Closing Specialist (FT) Westfield Bank

• 3.9 Westfield, MA Job Details Full-time $20.55
• $30.

83 an hour 18 hours ago Benefits Disability insurance Health insurance Dental insurance Tuition reimbursement Paid time off Employee assistance program Vision insurance 401(k) matching Employee stock ownership plan Qualifications Closing coordination Document preparation (loan closing) Title document review Regulatory compliance Mortgage closing and funding Vendor coordination Mid-level Follow-up (loan closing) Compliance documentation Coordination (loan closing) Post-closing quality control (loan processing) Real estate documentation review Verification (borrower information) Loan Origination Systems (LOS) Documentation Handling Associate's degree Home equity loans TRID compliance Time management

Full Job Description Job Title:

Closing Specialist Department:

Retail Loan Job Status:

Full Time FLSA Status:

Non-Exempt Grade:

7

Amount of Travel:

Some Travel Reports To:

Closing/Funding Manager Positions Supervised:

N/A POSITION SUMMARY

The Closing Specialist is responsible for preparing and reviewing all closing documents for mortgage, equity and consumer loans. Ensures documents are in compliance with TRID, state, federal and secondary market guidelines as well as bank policies. Performs a pre-close review of completed documents prior to loan funding and a post-close review of all final documents for accuracy prior to exporting to the Loan Servicing department.

ESSENTIAL FUNCTIONS

Responsible for reviewing all loan closing documents of mortgage and equity loans and ensuring accuracy to have a fully compliant loan. Prepare subordination documents. Work with third party vendors to obtain verbal verifications of employment prior to closing. Review loan documents from respective Attorney for accuracy, including but not limited to; title review, insurance (homeowners, flood & title), title commitment, Closing Protection Letter and wire information. Perform post-close QC review of closing packages prior to exporting the file to the DNA system shipment to the Loan Servicing Department. Track and obtain missing documents and signatures E-Record mortgage, equities and modifications through Simplifile system. Send required documentation to Servicing to book loans in DNA system. Must complete BSA, AML, and other Regulatory and Continuing Education as assigned. Must adhere to all bank and regulatory policies and procedures specific to position. Performs additional duties as requested.

POSITION QUALIFICATIONS

Competencies Attention to Detail Organizational Relations Productivity & Time Management Quality Teamwork & Cooperation Education/Experience/Skills & Abilities Associates degree or relevant job-specific experience. Prior Loan Processing or Closing experience a plus. Must have a high degree of attention to detail. Ability to work under pressure with multiple projects and deadlines. Mortgage, equity or consumer loan closing knowledge preferred.

PHYSICAL DEMANDS

Physical Demands Lift/Carry Stand Occasionally 10 lbs or less Not Applicable Walk Occasionally 11

• 20 lbs Not Applicable Sit Frequently 21
• 50 lbs Not Applicable Handling/Fingering Occasionally 51
• 100 lbs Not Applicable Reach Outward Occasionally Over 100 lbs Not Applicable Reach Above Shoulder Not Applicable Push/Pull Climb Not Applicable 12 lbs or less Not Applicable Crawl Not Applicable 13
• 25 lbs Not Applicable Squat or Kneel Not Applicable 26
• 40lbs Not Applicable Bend Not Applicable 41
• 100 lbs Not Applicable N (Not Applicable) Activity is not applicable to this occupation. O (Occasionally) Occupation requires this activity up to 33% of the time (0-2.5+ hrs/day) F (Frequently) Occupation requires this activity from 33
• 66% of the time (2.

5-5.5+ hrs/day) C (Constantly) Occupation requires this activity more than 66% of the time (5.5+ hrs/day) Other Physical Requirements None

BENEFITS

Westfield Bank offers a comprehensive benefits package designed to support employees' health, financial wellbeing, and work-life balance. Benefits may include medical, dental, and vision insurance, health savings and reimbursement accounts, paid time off and holidays, 401(k) with company match, company-funded ESOP, life and disability insurance, employee assistance programs, tuition reimbursement, and employee banking benefits. Westfield Bank is proud to invest in our employees by offering benefits that help support their health, financial security, professional growth, and overall quality of life. Benefits are subject to eligibility requirements and plan provisions and may be changed or discontinued at the Bank's discretion. Westfield Bank has reviewed this job description to ensure that essential functions and basic duties have been included. It is not intended to be construed as an exhaustive list of all functions, responsibilities, skills and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate