Senior Post-Closing Processor in Virginia Beach, Virginia at Fulton Bank
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Job Description
Category: Mortgage Banking
# of Openings: 1
Position Type (Portal Searching): Full-Time
Bonney Road Mortgage
Virginia Beach City
FLSA Status: Non-Exempt
Value Proposition
Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work-life integration, and inclusion. We promote a digitally enabled work environment to continuously enhance the experience of our employees and customers.
Overview
This is a full-time, hybrid career opportunity based out of our Bonney Road office in Virginia Beach, VA or Corporate Headquarters location in Lancaster, PA.
Responsible for reviewing, auditing, and finalizing closed mortgage loan files to ensure compliance with investor and regulatory guidelines. This role ensures that all documents are complete, accurate, and properly executed before delivery to investors or custodians. Incumbents will be cross-trained across all departmental functions and will typically process loan documents with a higher level of complexity.
Responsibilities
- Process more complex loan packages, provide support within all processing functions, advise and mentor junior staff and resolve escalated issues.
- Respond to investor suspense items and cure deficiencies promptly.
- Assists in preparing for investor audits and regulatory examinations by organizing and validating documentation and responding to audit findings.
- Scan and index all mortgage closing loan documents and trailing packages to create a retention file for all residential mortgage loans.
- Organize loan documents in accordance with investor and Fulton Bank requirements. Ensure all documents required are present and properly executed. Ensure all conditions on the final commitment are accounted for. Contact the settlement agent or branch for any missing documentation, as necessary.
- Upload and deliver mortgage file to designated investors for all loans in accordance with the commitment and delivery expiration dates. Deliver mortgage collateral documents to loan services for all loans in a timely fashion.
Additional Responsibilities
- Track and resolve post-closing document deficiencies
- Assist in preparing and submitting trailing documents
- Perform necessary functions to secure insurance from Housing and Urban Development, VA, and USDA on all government insured loans.
Qualifications
Education
High School Diploma or equivalent. (Required)
High School Diploma or equivalent. Specialty: business administration. (Preferred)
Experience3 or more years banking, mortgage lending, or post-closing. (Required)
Knowledge, Skills, and Abilities- Ability to assume responsibility requiring independent judgement and work with limited instructions or supervision (Required)
- Strong knowledge of mortgage documents and investor guidelines (Fannie Mae, Freddie Mac, FHA, VA). (Required)
- Familiarity with LOS systems (e.g., Encompass) (Required)
- Excellent attention to detail and organizational skills (Required)
Sponsorship Statement
As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Fulton Bank currently or in the future.
EEO Statement
Fulton Bank (Fulton) is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.