Job Information
S & T Bank Retail Mortgage Funding Specialist in Indiana, Pennsylvania
Reference #: R-16 North Fifth Street - 355 North Fifth Street, Indiana, PA 15701
Work Days and Expected Hours: Monday-Friday 8:00 am to 5:00 pm (Additional hours as necessary to meet the objectives of the department) Function: Performs various functions involved in funding all residential mortgage loans, which include but is not limited to initiating, validating, and confirming wire transfer requests in compliance with corporate policy.
Duties and Responsibilities:
Coordinates with the settlement agent for timely loan fundings and disbursements.
Disburses and authorizes new loan proceeds to settlement agents upon receipt of required documentation.
Disburses and authorizes construction draw requests to Builders/Contractors upon receipt of required documentation.Send checklist and documentation as trailing document to Loan Servicing.
Ensure accuracy of wire instructions provided by Closing Companies and/or Builders
Maintains a personal identification number (PIN) for initiating and confirming wire transfer requests in compliance with corporate policy, including documenting proper approvals, as necessary, and customer confirmation callbacks.
Posts fees to appropriate General Ledger accounts in accordance with corporate policy.
Review all funding documents and prior to funding (PTF) conditions to ensure all funding requirements are met per the funding transmittal provided at the time of closing
Assembles and delivers short list of loan documents to Loan Servicing in required order for all loan fundings.
Export loan file to CCMC for Loan Servicing
Complete entry to Closed Loans Received List on shared drive.
Maintains accurate tracking of funded loans and changes loan statuses in the loan origination system.
Completion of required checklist(s) per job duty and uploaded to the loan file for retention.
Maintains a good working relationship with bank employees.Demonstrates strong interpersonal skills with the ability to work independently, as well as motivated to work as a team player to contribute to the success of the department and in turn, the organization.
Performs additional duties as required.
Physical Demands Operates a keypad device:60% of the day.The primary parts of the body involved in performing these tasks are the fingers, thumbs, hands, wrists, elbows.Use of manual dexterity skills for typing and data entry up to 40% of the business day.Specific vision requirements include close vision of 18"- 20" for computer work 40% of the business day.Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
Education
Requires a high school diploma or equivalent basic academic education.
Experience
Five to ten years general business experience and two to five years specialized experience.
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)
Salary Range:
$15.00 - $24.04
EEO/AA Minority/Female/Disability/Veteran