Mortgage Operations Manager (26-68) American Momentum Bank

• 2.

8 College Station, TX Job Details Full-time 1 day ago Qualifications Closing coordination Underwriting verification process Document preparation (loan closing) Automated underwriting system Underwriting guidelines adherence 5 years Bachelor's degree in finance Operational management Mortgage compliance Mortgage closing and funding Bachelor's degree in business Bachelor's degree in business administration Finance Follow-up (loan closing) Analysis skills Bachelor's degree Staff training Compliance documentation Quality compliance management Coordination (loan closing) Post-closing quality control (loan processing) Real estate documentation review Business Administration FNMA Regulatory compliance analysis Senior level Business Process management Communication skills Banking Full Job Description

MORTGAGE OPERATIONS MANAGER

College Station•

BCS Momentum Plaza Job Summary:

The Mortgage Operations Manager is responsible for supervising the loan disclosure, loan processing, loan underwriting, loan closing, post-closing, and quality control functions. Responsibilities include development of processes and procedures, personnel training, pipeline management of loans from application through funding and loan sale, and management of the pre-funding and post-closing quality control program.

Job Duties & Responsibilities:

Loan Disclosures:

Responsible for ensuring all applications are disclosed within regulatory guidelines and timeframes, including re-disclosures based upon changed circumstances.

Loan Processing:

Responsible for managing the processing activities on all mortgage loan files, to prepare files for underwriting. Maintain turn times to meet client and bank standards for loan closing.

Underwriting:

Responsible for managing the underwriting process to ensure all loans are underwritten in a timely manner and in accordance with Bank and Agency/Investor underwriting standards. Responsible for ensure the salability of all loans held for sale.

Loan Closing:

Responsible for managing the loan closing duties, ensuring all loans are closed according to regulatory and legal guidelines. Shipping/Post Closing

• Supervise shipping closed loan files to American Momentum Loan Department and/or Correspondent Investors. Ensure loans are acceptable for purchase and responsible for prompt clearing of any Investor suspense items. Pipeline Management
• Monitor the daily pipeline to ensure loans are originated properly, disclosed timely, underwritten and closed on schedule, and delivered to Correspondent Investors within rate lock deadlines. Procedures/Guidelines
• Update mortgage lending procedures and processes as needed, and ensure operations staff is trained and compliant with bank procedures, as well as Agency/Investor Guidelines.

Key Qualifications:

Mortgage Loan Underwriting experience

• 5+ years. Mortgage Loan Processing, Closing, or Origination experience preferred
• 2+ years.

Extensive knowledge of Fannie Mae Guidelines and AUS. Strong background in regulatory compliance and real estate documentation. Bachelor's Degree in Business, Business Administration, Finance, or related field preferred. Excellent verbal and written communication skills, analytical and problem solving skills.