Senior Mortgage Processor

Loan Processor

Under direct supervision, uses knowledge and skills obtained through training and experience to process loans that may be to individuals, trusts or entities and complete tasks associated with preparation of the loan approval and / or closing documents. Follows established procedures to perform a variety of tasks requiring some evaluation, originality, or ingenuity in making decisions. Recommends solutions to moderately complex problems and refers more complex issues to a higher level. May contact financial advisors and clients to obtain, clarify, or provide facts and information and / or identify, research, and resolve problems.

Essential Duties and Responsibilities

• Obtains required documentation and processes more complex loan applications.
• Orders credit verifications and third-party services.
• Tracks receipt of and completeness of legal documents, loan, and financial information. Follows up on missing documentation.
• Verifies loan applications and supporting documents for accuracy and completeness.
• Assists financial advisors and clients with moderately complex inquiries or problems.
• May prepare and compile documents for loan closing.
• May prepare or review disclosures for accuracy including Good Faith Estimates of closing costs, Regulation Z disclosures, and other disclosures required by consumer regulation.
• May perform initial credit analysis submission via automated underwriting, as requested.
• May schedule and coordinate loan closings and clear loan proceeds for disbursement.
• May prepare compliance and accounting records and reports, as required by management and regulatory agencies.
• May perform routine loan calculations.
• May perform pre-closing, post-closing, or whole loan due diligence review of legal agreements and other closing documents.
• May prepare financial advisor and client communications regarding loan and loan terms.
• May be responsible for reviewing property and liability insurance to ensure it complies with bank policy and procedure.
• May independently prepare data input sheets and provide required information for loans to be boarded on the banks servicing system and ensure all loan coding is correct.
• May work with attorneys and other financial or legal resources to obtain the correct, accurate documents to fully protect the financial institution's interests in the credit relationship.
• Maintains currency in loan processing policies and procedures.
• Performs other duties and responsibilities as assigned.

Knowledge of

Skill in

Ability to

Education

Bachelor's : Accounting, Bachelor's : Business Administration, Bachelor's : Finance

Work Experience

General Experience - 7 to 12 months

Certifications

None required.

Travel

Less than 25%

Workstyle

Hybrid

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view. We expect our associates at all levels to : Grow professionally and inspire others to do the same; Work with and through others to achieve desired outcomes; Make prompt, pragmatic choices and act with the client in mind; Take ownership and hold themselves and others accountable for delivering results that matter; Contribute to the continuous evolution of the firm. At Raymond James as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.