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Delivery Analyst or Senior Delivery Analyst-Commercial Mortgage Group in Chicago, IL at KeyBank

Date Posted: 11/16/2020

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Chicago, IL
  • Date Posted:
    11/16/2020

Job Description

About the Job
Ensure all Fannie/Freddie deliveries are completed, and loans are purchased as agreed upon.

Essential Job Functions
Schedule all FNMA and FMAC deliveries with legal counsel and underwriting upon rate lock. Set purchase date with FMAC.
Assure that physical delivery packages are received by FNMA and FMAC. Resolve any issues that affect timely shipment.
Resolve all issues in a timely manner from the FMAC bi-weekly exception report. All issues for the loan purchases should be resolved in a timely manner so the purchase is not delayed.
Confirm trade with KBCM Ops, distribute settlement spreadsheets to Safekeeping, distribute DVP Memo to KBREC for the purchase. Assure that all final recorded loan documents are uploaded into DMS by legal counsel for FMAC transactions. Saving the appropriate purchase documents to the respective folder and disseminating to the appropriate parties including the manager.
Perform quality control for C&D, Form 4662, DocWay, FMAC delivery documents and certain loan documents prior to submission to FNMA and FMAC.
Upload the final 4662 and Loan Agreement to DocWay as well as review the DocWay upload prior to submission. Submit final DocWay folder on all FNMA transactions. Upload revised documents when necessary to DocWay.
Act as lead contact with FNMA on all DocWay enhancements and issues.
Maintain all delivery and purchase dates in the database.
Work with manager to update the delivery procedures as needed.
Be a resource to the underwriting and closing team.
Maintain proficiency in C&D, MSMFS and DocWay and train staff as necessary.
Maintain High Standard on Delivery Performance Results for both Fannie Mae and Freddie Mac.
-Ensure SLA standards are achieved relative to NLSU.

Required Qualifications
High School diploma
Coordinate the delivery and purchase of all FNMA and FMAC loans.
Other duties as assigned.

Preferred Qualifications
5 years of experience with FNMA and FMAC in delivery and purchasing.
College degree preferred but not necessary.

Essential Functions - Senior Delivery Analyst
Schedule all FNMA and FMAC deliveries with legal counsel and underwriting upon rate lock. Set purchase date with FMAC.
Assure that physical delivery packages are received by FNMA and FMAC. Resolve any issues that affect timely shipment.
Resolve all issues in a timely manner from the FMAC bi-weekly exception report. All issues for the loan purchases should be resolved in a timely manner so the purchase is not delayed.
Confirm trade with KBCM Ops, distribute settlement spreadsheets to Safekeeping, distribute DVP Memo to KBREC for the purchase. Assure that all final recorded loan documents are uploaded into DMS by legal counsel for FMAC transactions. Saving the appropriate purchase documents to the respective folder and disseminating to the appropriate parties including the manager.
Perform quality control for C&D, Form 4662, DocWay, FMAC delivery documents and certain loan documents prior to submission to FNMA and FMAC.
Upload the final 4662 and Loan Agreement to DocWay as well as review the DocWay upload prior to submission. Submit final DocWay folder on all FNMA transactions. Upload revised documents when necessary to DocWay.
Act as lead contact with FNMA on all DocWay enhancements and issues.
Maintain all delivery and purchase dates in the database.
Work with manager to update the delivery procedures as needed.
Ensure all delivery team responsibilities are completed in a timely manner.
Provide and update training as needed for team members, underwriting and legal counsel.
Be a resource to the underwriting and closing team.
Maintain proficiency in C&D, MSMFS and DocWay and train staff as necessary.
Maintain High Standard on Delivery Performance Results for both Fannie Mae and Freddie Mac.
Maintain and recommend appropriate staffing for Delivery Team.
Ensure SLA standards are achieved relative to NLSU.

Required Qualifications
High School Diploma
5 years of experience with FNMA and FMAC in delivery and purchasing.
College degree preferred but not necessary.





FLSA STATUS:Exempt

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

45163BR

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