What are the responsibilities and job description for the Mortgage Loan Processor III position at City National Bank?
MORTGAGE LOAN PROCESSOR III
WHAT IS THE OPPORTUNITY?
The Mortgage Loan Processor III is responsible for processing home equity line of credit's, purchase, and refinance transactions. They will examine and evaluate approval of client applications and will be responsible for ensuring loans close in a timely basis. 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 you will do
- Review loan approvals to determine what documents are required to move to closing.
- Communicate and respond to internal customers within 2 hours.
- Utilize pipeline reports to effectively manage and prioritize daily workflow.
- Ensure all loans are reviewed at least every 3 days.
- Effectively manage an individual pipeline of 30-50 loans.
- Maintains current knowledge of CNB guidelines and loan programs.
- Meet and exceed monthly funding goals as set forth by management.
- Other duties as/or assigned by management.
Must-Have*
- H.S. Diploma
- Minimum 3 years recent mortgage experience.
- Minimum 3 year basic computer experience (e.g. Microsoft Word, Excel, Outlook) 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.
Skills and Knowledge
- 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 policies and procedures. (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 Origination systems.
Compensation
Starting base salary: $25.93 - $41.43 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
*To be considered for this position you must meet at least these basic qualifications
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
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. Get an inside look at our Benefits and Perks.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.
City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.
ABOUT CITY NATIONAL
City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $92.03 billion in assets as of April 30, 2024. Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C. and Miami.* In addition, the company and its investment affiliates manage or administer $96.83 billion in client investment assets. City National is dedicated to strengthening communities, and in 2023 alone, the company made more than $11 million in charitable contributions to nonprofits that support the communities it serves.
*City National Bank does business in Miami and the state of Florida as CN Bank.
For more information about City National, visit cnb.com.
Salary : $26 - $41
