Mortgage Junior Processor at Northwest Federal Credit Union in Herndon, Virginia

Job Description:

Overview



The Mortgage Lending team assists Northwest Federal Credit Union in living out our vision to be the lifetime financial partner for our member-owners. To achieve this goal, our team must deliver the highest quality service to internal and external members. The role of a Mortgage Junior Processor is to ensure the timely and accurate disclosures of first mortgage and equity loans. A key component of service to our external members is to assist loan officers and loan processors with the application, disclosure and loan approval process. Additionally, Mortgage Junior Processors work in partnership with teams across the organization to deliver on projects that improve visibility into the member experience.



Responsibilities

• Serves as the point of contact with members at the front desk in the Mortgage Department lobby


• Import, review and set up new online applications


• Electronically create, review and issue applicable disclosures within required time frames


• Request required documentation, upload received items to the appropriate loan files and make applicable changes to the data referenced in the loan application when needed


• Submit requests for credit reports, credit report supplements, mortgage insurance, flood certifications, appraisal inspections, title work and other necessary documentation as needed


• Complete Verification of Employment, Rent and Mortgages


• Submit requests for tax transcripts, PUD Insurance and Homeowners Insurance along with Verifications of Employment, Deposits and Mortgages


• Submit loan data to third party vendors to assist in completing final loan approval


• Review loan files for completion and accuracy prior to assigning to a Loan Officer, Underwriter and/or Processor


• Assist Processing team members to ensure all loans meet compliance requirements and are processed in a timely manner


• Provide assistance to the Processing and Closing teams ensuring all 10 day items are complete


• Monitors new applications received along with the 10 day queue to ensure each loan is disclosed and assigned and the queue is actively worked and remains caught up


• Completes other duties as assigned


• Convey information effectively to the members and remain responsive to requests for information


• Meet production expectations as determined by the immediate supervisor


• Ensure accuracy of disclosures and provide to members within specified regulatory compliance time-frames


• Examines and analyzes supporting documentation and clarifies missing or questionable information


• Working knowledge of NWFCU, Federal and State regulations required by the National Credit Union Association


• Remains cognizant of and adheres to NWFCU policies and procedures as well as regulations pertaining to the Bank Secrecy Act (BSA)

Qualifications

• High school graduate or equivalent


• Minimum 1 year of financial experience in a mortgage related field preferred


• Ability to work flexible hours based on business needs: Monday - Friday 8:00AM-4:30PM; Saturdays - 2-3 each Quarter


• Ability to work effectively on-site in our Herndon, VA headquarters and equally effectively remotely


• Knowledge of Credit Union Policies and Procedures relating to mortgage operations


• Knowledge of federal regulations and compliance issues such as RESPA, REG Z, HMDA, etc.


• Basic knowledge of secondary market guidelines to include SAFE Act Licensing


• Ability to use standard office and/or banking equipment and systems; working knowledge of Microsoft Office


• Ability to maintain confidentiality


• Ability to collaborate


• Ability to interact effectively with all levels of the organization and/or with members


• Effective oral and written communication skills


• Effective problem-solving skills


• Excellent interpersonal skills

Additional Compensation



Northwest Federal offers a comprehensive and inclusive benefits program, which includes medical, dental and vision plans for you and your family, 4 weeks paid vacation, 12 paid holidays, 24 hours of paid volunteer time, parental leave, company paid disability and life insurance, and a generous 401(k) plan with up to 7% employer match.


EEO Notice



Northwest Federal Credit Union is an Equal Opportunity Employer and will consider all qualified applicants without regard to race, color, age, religion, sex, sexual orientation, gender identity, genetic information, national origin, disability, protected veteran status or any other classification protected by law.


NWFCU complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact the Human Resources Department at 703-709-8900 or HRDepartment@nwfcu.org. Apply Now