Mortgage Post Closing Specialist II in Buffalo, NY at Key Bank- Corporate

Date Posted: 6/12/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    4224 Ridge Lea Road
    Buffalo, NY
  • Job Type:
    Banking
  • Experience:
    Not Specified
  • Date Posted:
    6/12/2018

Job Description

ABOUT THE JOB (JOB BRIEF)

The Post Closing Specialist II reports to the Post Closing Team Lead and is responsible for the review and audit of closed loan packages from the Closing Attorney/Title Company. This position will ensure timely receipt and review of all signed closing documents for accuracy, closing conditions are met, checks received are accurate. In addition, the Post Closing Specialist II will work closely with KBM Fullfilment team and/or applicable Closing Attorney/Title Company to remedy all documentation, processing and compliance issues prior to loans being delivered and purchased by Investors. This individual will be experienced and proficient in at least one of the four functions within the post closing department.

ESSENTIAL JOB FUNCTIONS

• Ensure all closing documentation is received and reviewed in a timely manner in order to ensure the salability and insurability of the loan.
• Review of all closing documentation to ensure they are accurate, properly signed and notarized as required.
• Identify document deficiencies and promptly remediate with the appropriate internal/external parties.
• Update internal mortgage systems with accurate information.
• Understand and maintain up-to-date knowledge of various loan types and FNMA/FHLMC//FHA/VA /USDA and private Investor delivery requirements.
• Performs role under limited supervision of Team Lead.
• Apply subject matter knowledge which requires the capacity to understand specific needs or requirements of the department.
• May perform special projects upon request of the Team Lead or Sr. Post Closing Specialist.
• May provide guidance to less experienced Post Closing Specialists.
• Other duties as assigned by Team Lead

REQUIRED QUALIFICATIONS

• Bachelor’s degree or equivalent work experience.
• 1 – 2+ years’ experience in residential mortgage lending, with Post Closing and/or Secondary Marketing/Shipping experience preferred.
• In depth knowledge of FNMA, FHLMC, GNMA, FHA, VA, USDA and private investor products.
• Thorough understanding of Federal and State regulations including but not limited to FHA/VA and Conventional guidelines, RESPA, TILA, HOEPA, , and QM.
• Proven ability to set priorities, understands urgencies, and reacts quickly to deadline/delivery requirements.
• Strong customer service, communication, organization and analytical problem resolution skills, as well as detail oriented.
• Consistently meet or exceed established metrics as set forth.



ABOUT KEY:
KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $134.5 billion at March 31, 2017. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. KeyBank is Member FDIC.

ABOUT THE BUSINESS:
Key Community Bank serves individuals and small to midsized businesses from Maine to Alaska through our 15-state network of over 1,200 branches, 1,500 ATMs, telephone banking and robust online and mobile platforms. KeyBank’s Consumer/Business Banking segment provides consumers and small business owners with straightforward banking solutions and personal finance expertise that helps them make confident financial decisions today and plan for tomorrow. Key Private Bank offers wealth planning that follows a consistent, disciplined approach guided by objective advice based on each unique situation. KeyBank Commercial Bank offers midsize business financial services that drive growth and profitability and help business owners identify new opportunities with products and services including deposit, cash management, investment services, commercial lending, equipment leasing, and asset-based lending.

FLSA STATUS:Non-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.

JobID: 29748BR

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