MORTGAGE LOAN PROCESSOR

Stock Yards Bank & Trust Company is a wholly owned subsidiary of Stock Yards Bancorp, Inc. (NASDAQ; SYBT), with company assets over $6.65 billion. Founded in 1904, Stock Yards Bank & Trust has evolved from a small bank serving the Louisville livestock industry to a nationally recognized bank known for exceptional service and financial performance. Our capabilities align well with those of national banks, but our focus has always been building a strong relationship with our customers while providing an engaging work environment for our employees. Stock Yards Bank & Trust has consistently received recognition for being one of the best places to work in Kentucky.

Since 1904, Stock Yards Bank & Trust has become one of the region's premier community banks - renowned for the close, personal attention that distinguishes us from other financial institutions in our market. Our bank actively seeks individuals to help us build trusted partnerships and further our success. We are pleased to announce there is an opportunity for you to advance your achievements as a Mortgage Loan Processor while helping us further our success.

As a Mortgage Loan Processor, your day will be filled with opportunities to process mortgage loans to ensure investor and customer requirements are met. Loan processing experience and good communication skills are important to better serve our customers as you work closely with all parties involved to create and maintain complete customer satisfaction. In addition to the candidate’s experience, Stock Yards Bank & Trust will provide a professional environment to continually improve the candidate’s skills and to further his/her career goals for advancement to higher levels within the banking profession.

Responsibilities

Daily responsibilities include, but are not limited to, the following:

• Gather and interpret data that support mortgage loan request, such as automatic underwriting findings, credit reports, income and asset documentation, appraisals and other requirements
• Analyze information for completeness, accuracy and acceptability of investors’ loan product
• Submit complete loan packages to underwriter for review
• Develop ability to maintain timely processing of a loan package from receipt of file to closing with maximum timelines of 30 days for conventional loans and 45 days for government loans
• Aware of product requirements to have the ability to negotiate the necessity of approval conditions that could be deemed unnecessary and a hardship to the customer to produce
• Develop and maintain up-to-date knowledge of FHA, VA, Conventional and Bank’s guidelines, rules and regulations pertaining to generating an acceptable mortgage loan
• Keep all parties involved with the mortgage transaction current and up-to-date with the status of the loan during the review process
• Ability to provide complete and accurate HMDA reporting information
• Perform other departmental duties as workload and priorities dictate
• Assist other mortgage department personnel when necessary

Job Requirements

The successful candidate will have the following qualifications:

• High school/GED education
• 1-3 years’ experience in FHA, VA, Conventional mortgage processing or underwriting.
• Ability to function independently in a multi-task environment, as well as part of a team
• Comfortable communication with all levels of management and employees
• Proven knowledge of Automatic Underwriting Systems and Mortgage Processing Systems
• Proven knowledge and experience pertaining to the processing of conventional and government loans
• PC literacy with 35 WPM typing skill
• Strengths in problem solving and resolution
• Detailed oriented and self-motivating
• Strong planning and organizational skills
• Good oral and written communication skills

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)