Mortgage Loan Processor/Wholesale Account Manager
The BSR will be responsible for assisting the production sales team and broker clients in the coordination of all functions related to the processing and closing of 1st and 2nd mortgages. This position will be responsible for managing broker’s pipeline and will be the primary liaison between the brokers and the inside operations staff. This role will require knowledge of mortgage loan processing, compliance, loan products and underwriting guidelines, as it relates to wholesale mortgage lending. This individual will be highly customer service oriented and production driven. This position will work closely with the inside operations staff and management to meet production and business goals, as well as regulatory compliance requirements.
Essential Job Functions
•Work closely with Sales Account Manager Supervisor to adhere to company processes and procedures
•Work closely with Sales and Brokers on pipeline management
•Prioritize and monitor workflow to ensure timely processing of loans according to timelines
•Work closely with broker and sales staff to ensure client relations and resolve issues and concerns
•Primary liaison between operations staff and broker clients
•Prepare loan package for underwriting: stack file, perform cursory review of all documents to verify compliance with company guidelines
•Verify quality and accuracy of loan documents received and data entered
•Interact with other departments in a professional manner in a team environment
•Maintain sense of urgency to meet aggressive production goals
•Incorporate a customer friendly atmosphere for internal and external customers
•Update loan information in the computer system as required
•Willing to assist other team members when needed
REQUIREMENTS
Requirements/Skills
•High School diploma or equivalent required. Some college preferred
•Minimum two (2) years processing experience in high volume mortgage setting
•Ability to type 45 words per minute, accurately operate a 10-key calculator
•Ability to work in a windows-based computer system
•Working knowledge of Microsoft Word, Excel programs and automated underwriting engines
•Knowledge of investor guidelines, underwriting policies and loan products
•Effectively communicate verbally and in writing
•Must possess good organizational skills and ability to prioritize
•Ability to handle stressful situations calmly and efficiently and maintain a positive attitude
•Excellent customer service skills and ability to work on multiple tasks
•Ability to work productively in a fast-paced environment under minimal supervision
Founded in 1923, the Bear Stearns Companies Inc. is the parent company of Bear, Stearns & Co. Inc., a leading investment banking and securities trading and brokerage firm. With approximately $40.0 billion in total capital, Bear Stearns serves governments, corporations, institutions and individuals worldwide. The company's business includes corporate finance, mergers and acquisitions, institutional equities and fixed income sales, trading and research, private client services, derivatives, foreign exchange and futures sales and trading, asset management and custody services. Headquartered in New York City, the company has approximately 11,200 employees.
Bear Stearns is an equal opportunity employer. Bear Stearns considers all applicants for employment without regard to race, color, religion, gender, national origin, age, disability, marital status, sexual orientation, veteran status, or any other legally protected category under federal, state or local law.
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