Mortgage Loan Processor II Job Listing at City National Bank in Sacramento, CA (Job ID 10874)

Description

MORTGAGE LOANPROCESSOR II WHAT IS THE OPPORTUNITY? The Mortgage Loan Processor II is responsible for managing a pipeline of purchase and/or refinance transactions. The Mortgage Loan Processor II is also responsible for ensuring closing dates are met or exceeded, following up on conditions as needed, completing all re-disclosures in accordance with regulatory service levels, and working in a team environment from the initial decision to the final approval. Must be in good standing under "The Secure and Fair Enforcement for Mortgage Licensing Act of 2008" (Safe Act) and must be registered/licensed with the "Nationwide Mortgage Licensing System and Registry"; or must be able to be registered under the Safe Act. Must remain in good standing under the Safe Act. WHAT WILL YOU DO?

• Review loan decisions to determine what documents are required to move to closing.
• Utilize pipeline reports to effectively manage and prioritize daily work flow.
• Responds to business partners' e-mails, questions, and phone calls.
• Manages to key dates, such as but not limited to - rate lock expiration, contingency date, contract date, credit expiration, income expiration, asset expiration, and TRID.
• Ensures all parallel support models such as HOI, Flood, Title, & Project Approval are seamlessly moving through the process.
• Prepares, validates, communicates and delivers any and all Revised Loan Estimates in accordance with regulatory service levels.
• Acts as the primary liaison between Sales, Title, Escrow & Centralized Services.
• Effectively manage a pipeline of 25-40 loans.
• Works with the Loan Officer & Loan Officer Assistant to collect all conditions through final approval.
• Remain accountable for all loan files once they are received from sales.
• Ensure all initial reviews & follow ups occur within the established SLA.
• Maintain current knowledge of CNB guidelines and loan programs.
• Other duties as/or assigned by management.

WHAT DO YOU NEED TO SUCCEED? Required Qualifications*

• Minimum 2 years of mortgage loan processing experience required.
• Minimum 2 years of experience of state and federal lending regulations (e.g. RESPA, Reg Z, ECOA, TRID) required
• Must be in good standing under "The Secure and Fair Enforcement for Mortgage Licensing Act of 2008" (Safe Act) and must be registered/licensed with the "Nationwide Mortgage Licensing System and Registry"; or must be able to be registered under the Safe Act. Must remain in good standing under the Safe Act.

Additional Qualifications

• Ability to identify and resolve problems in a timely manner.
• Strong attention to detail and accuracy.
• Ability to maintain high levels of performance, especially in stressful situations.
• Strong knowledge of federal/state regulatory requirements. (TRID Experience Required)
• Excellent written and verbal skills
• Excellent organizational skills
• Ability to multi-task and work in a deadline driven environment
• Proficient PC skills, including Microsoft Office and Loan Originations Systems.

WHAT'S IN IT FOR YOU? Compensation Starting base salary: $24.46 - $36.69 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement

Get a more detailed look at our Benefits and Perks.
ABOUT US Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

*Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.

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