Mortgage Post Closer

Who We Are We have the fundamental belief that we, as an organization, can and will improve lives. Rooted in the centuries-old credit union philosophy of people helping people, we maintain a simple premise. Those we interact with will receive equal and just treatment, devoid of intolerance, false judgment, racism, or discrimination of any kind. We must not accept less if we are to fulfill our mission, "We Improve Lives." This mission empowers us to serve the greater good and to make a difference in our world. Our cooperative structure creates a cycle of mutual assistance towards the common goal of the financial well-being of members. At BHFCU, we're committed to improving the lives of our members every day, and we look for people who share that passion. Don't have a ton of financial industry experience? No problem. Our onboarding includes an orientation program with ongoing training to help staff further their career at BHFCU by building on their existing strengths.

General Purpose:

Processing of Residential Mortgage loans and the preparation of mortgage loan post-closing documents. Reviewing closing documents for completeness and obtaining necessary at closing underwriting conditions. Assist in the on-going quality control efforts of the mortgage department. Essential Duties/Responsibilities Primary support and contact for all secondary market investor loan submissions. Key-in loan application information, order required documents and services, process and deliver closing documents, and coordinate follow-up for any of the originators, closer or underwriting staff as assigned to clear post-closing investor stipulations. Assist processing, closing, or servicing staff as needed. Maintain real estate loan files according to procedure. Monitor working real estate loan files to ensure proper documents are obtained and/or ordered from vendors as required. Review, scan, and ship closed loan documents for in-house and secondary market loans. Remit payments for all

FHA, VA, PMI, USDA

fees on loans after closing to the approiate agencies. Assist mortgage closers with registering MERS on all secondary market files. Obtain and advance all purchase advices onto Mortgage Servicing to post wires after loans purchased. Review, process, scan and ship all recorded mortgage documents and final title policies to investors in a timely manner. Other Duties/Responsibilities Type, process, and disburse real estate loans as directed. Ensure all documents are complete and accurate. Maintain department records, reports, and general ledger accounts affected by department transactions. Assist mortgage managers with preparation of audit files when needed. Perform other duties as may be assigned by the Mortgage Operation Manager. Job Qualifications (Knowledge) Working knowledge of the Credit Union's products and services. Working knowledge of organization's policies/procedures and credit union's service philosophy. Working knowledge of credit union's in-house computer system and internet. Extensive knowledge of state and federal real estate lending regulations. Working knowledge of safety and security program for false alarms, robberies, bomb threats, and extortion. Job Qualifications (Skills) Black Hills FCU is committed to working with its employees to reasonably accommodate them with the physical aspects of the position. The following list outlines the physical considerations that are normally encountered in this job.

Vision:

A sighted person to effectively review documents.

Speech/Hearing:

Ability to communicate verbally and in writing with staff, members, and vendors.

Manual Dexterity:

Ability to perform necessary computer-related input.

Physical Mobility:

Limited mobility required. Requires the ability to work flexible hours. Job Qualifications (Ability) Ability to understand and follow complex written and oral instructions. Ability to comprehend complex functions and procedures and to be able to disseminate that knowledge in a clear and understandable format to others. Ability to express oneself, clearly and concisely, both orally and in writing. Ability to prepare and maintain confidential records and reports. Ability to gather, assemble, correlate, and analyze facts and develop solutions. Ability to analyze statistics and financial data. Ability to put people at ease. Ability to assess the needs of multiple members and prioritize requests to ensure that all members receive the highest quality service possible. Ability to handle daily routine with moderate freedom to interpret and act upon various situations. Ability to present a professional and personable personality that communicates to members and visitors that the credit union is a professional financial institution. Ability to interact with more than one department daily. Ability to work within precise standardized guidelines with some latitude to make decisions and take initiative to resolve problems or unique circumstances. Job Qualifications (Education/Experience) Job requires a two-year college level of language, math and reasoning skills. Two years' experience in a related field with equal responsibilities is acceptable. Formal training should be supplemented with continuing education. Working Conditions Material and Equipment Involved Personal Computer Presentation Aids Signature Pads WebEx Tablet and Mobile Devices PA Sound System Video Recording Devices Scanners Projectors and Screens PowerPoint Photocopy Machine Excel Various Software Applications Word Work Environment/Physical Activities Job requires limited physical effort. It is primarily a desk assignment. Work within a highly structured and closely supervised environment. Ability to function in a fast-paced area. Ability to handle multiple tasks simultaneously. Work creates normal fatigue daily. Work creates moderate stress during certain periods during daily routine. The job calls for a high degree of mental concentration to interpret and act upon a wide range of situations. The job requires a degree of attention to detail.

Notice:

This job description is not intended to be, nor should it be construed as, a contract or guarantee for employment. BHFCU adheres to all federal and state labor laws regarding termination and probationary periods. This position is also subject to all the personnel policies of the Black Hills Federal Credit Union. Changes may be made to this job description at any time by the President. Black Hills Federal Credit Union is an equal opportunity employer. Black Hills Federal Credit Union is an equal opportunity employer. All applicants will receive consideration without regard to age, race, color, sex, sexual orientation, genetic information, religion, national origin, disability, veteran status, or any other status or condition protected by state or federal law. BHFCU will provide reasonable accommodation to qualified persons with a disability but who are otherwise able to perform the essential functions of the job.