Bank of the West Mortgage Funder in Oklahoma City, Oklahoma
At Bank of the West, our people are having a positive impact on the world. We’re investing where we feel we can make the most impact, like advancing diversity and women entrepreneurship programs, financing for more small businesses, and promoting programs for sustainable energy. From our locations across the U.S., Bank of the West is taking action to help protect the planet, improve people’s lives, and strengthen communities. We are part of BNP Paribas, a global leader supporting the UN Sustainable Development Goals (SDGs). Yes, we’re a bank, but as the bank for a changing world, we are continually seeking to improve the ways we help our customers, while contributing to more sustainable and equitable growth.
Job Description Summary
Responsible for performing a variety of basic to moderate duties related to auditing/pre-auditing, boarding, and funding lines of credit and/or mortgage loans on the servicing systems while providing a high level of customer service to internal and external customers and ensuring Service Level Agreement (SLA) turnaround times are met. Data entry as needed.
Verifies accuracy of all signed documents. Verification processes includes: verifying correct vesting, legal description, and ensuring all underwriting conditions are met. May verify funding documents are executed correctly and all Closer checklists and calculations are completed and uploaded to the loan origination system. Identifying potential issues and working to resolve those issues in a timely manner.
Prepares checks and/or wires in accordance with corporate guidelines.
May review payoffs on existing loans. Verifies accuracy. Ensures accuracy of all related accounting or servicing entries.
Boards lines of credit and/or mortgage loans to the bank’s loan servicing system. May prepare Deposit/General Ledger tickets as needed. May enter the Book and Flag date into the loan origination system to meet Mortgage Electronic Registration System (MERS) SLA timeframes.
May prepare loan/line files for imaging. May review Final Settlement Statements from Title Companies to determine if fees have changed and will issue a Post Consummation Closing Disclosure as needed.
Provides additional support to other areas of Operations as required.
Requires basic job knowledge of systems and procedures obtained through prior work experience or education, including knowledge of residential real estate loan products and related processing and underwriting procedures and requirements,understanding of lending documentation, internal loan processes and governmental regulations and requirements.
Typically requires minimum of 3 years of experience.
Knowledge of residential real estate loan products and related processing and underwriting procedures and requirements.
Understanding and knowledge of lending documentation, internal loan processes and governmental regulations and requirements.
Demonstrated customer service skills.
General familiarity with office procedures.
Good verbal and written communication skills.
Math and analysis.
Knowledge of 10-key calculator, photocopier and fax machine.
PC proficiency with Windows based software in Word, Outlook and Excel.
The salary range displayed below is based on a Full-time 40 hour a week schedule.
Colorado - Virtual Work From Home
Salary range: $38,000 - $45,000
Salary offered dependent on location, experience, skills, and education.
This role is eligible to participate in an incentive plan.
Benefits: Visit https://www.bankofthewest.com/about-us/careers/benefits.html for benefits information.
Equal Employment Opportunity Policy
Bank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran.
Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.
Location: United States-Iowa-General IA
Other Locations: United States-Illinois-General IL, United States-Wisconsin-General WI, United States-Minnesota-General MN, United States-Missouri-General MO, United States-North Dakota-General ND, United States-Kansas-General KS, United States-Nevada-General NV, United States-Wyoming-General WY, United States-Washington-General WA, United States-Oklahoma-General OK, United States-New York-General NY, United States-Idaho-General ID, United States-Utah-General UT, United States-Colorado-General CO, United States-Georgia-General GA, United States-Ohio-General OH, United States-New Mexico-General NM, United States-South Dakota-General SD, United States-Texas-General TX, United States-Oregon-General OR, United States-California-General CA, United States-Arizona-General AZ, United States-North Carolina-General NC, United States-Nebraska-General NE
Requisition ID: 054591