New

Specialty Lending Processor

BankTalent HQ
Commesurate with Experience
United States, Massachusetts, Whitinsville
Jan 10, 2025
Opportunity Overview: We have a Unique opportunity to join our Lending team as our Specialty Lending Processor. In this role you will be responsible for the specialty lending processing function. We are passionate about lending and helping people every step of the way throughout the ever-increasing challenges of the loan process. We're looking for someone who believes in the mission of a community bank, who gets excited about learning new things, strives to provide exceptional service and thrives in an environment where you'll be challenged every day. If working with new systems, having access to development programs and getting to work with some incredible coworkers every day excites you, then come join us! Position Overview: The Specialty Lending Processor performs a variety of activities to support the underwriter and ensures loans are processed and closed within departmental policy and compliance regulations. This includes inputting and updating loan data into the Loan Origination Software (LOS) for marine, aircraft and manufactured home loans, assemble and verify loan documentation for accuracy, review loan packages for completeness, and ensure all time sensitive disclosures and documents are delivered with accuracy and on a timely basis. Primary Accountabilities: Retrieves and reviews new loan applications via email or shared broker portals. Verifies information on loan applicants, such as employment, rent, residence and creates customer folders, profiles and enters loans into the LOS; Responsible for running due diligence checks on applicants as needed (Lexis Nexis, Google, Courts, IDV, etc.). Responsible for the accurate validating of packages when they are received from Loan Brokers. Keeps Broker records/reports up to date. Ensures all files for all applications are assembled in a timely manner and maintains the file for each application in process. Continually monitors and updates verified information in the LOS and the physical file as it is received. This includes items such as surveys, liquidity, title searches, aircraft valuation and entity documentation. Review and prepare completed closed loan packages received from brokers for accuracy. Prepare wires and Customer Relationship Management (CRM) ticket for loan funding. Informs underwriter/supervisor of any documentation or customer issues relative to the loan process. Mail adverse action letters to customers. Prepare and move a copy of the digital file to shared loan servicing drive for scanning. Coordinates closings and funding with brokers. Interacts with originating outlets to ensure compliance and effectiveness of products and documents. Ensures timely booking of loans in cooperation with Loan Operations department. Other duties as assigned Knowledge, Skills, Education & Work Experience: High-school degree or equivalent required, College degree preferred Minimum of 2 years of lending experience helpful Strong computer and organizational skills including MS office and Adobe are required Knowledge of consumer loan regulations including but not limited to HMDA, BSA, AML, RESPA, Reg Z, Reg B and Fair Lending Must have time-management and be detail oriented, be able to review documents with great detail, and have good verbal and written skills. About UniBank We are UniBank, a team of civic-minded financial professionals and all around great people working together to enrich people, businesses and municipalities across New England. We don't abide by the doctrine of big, national banks. What we believe is different. What we believe is unique. We believe in our community. And we believe in the people who live here. We believe in committing time and financial support to local nonprofits. We believe in finding innovative solutions for affordable housing, community development and independent business. And yet, we are bankers. We are a mutual bank, owned by its customers, dedicated to local service. We are technology leaders. Since launching our first online payment platform in 2003, we've never stopped delivering the most effective technology to our customers. We are a unique blend of consumer, civic and business banking with more than 150 years of history. We are an exception to the rule. We are unique. Unique to people. Unique to business. Unique to local government. We are UniBank. Bank Different. Bank Unique. This position is not subject to SAFE Act Registration Requirements. Pursuant to the SAFE Act requirements, all applicants for employment who will be engaged in residential loan mortgage originations (as defined by the SAFE Act) must register with the federal registry system and maintain a status in good standing under the SAFE Act requirements. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, status as a veteran or as an individual with a disability. Participant in e-verify