Home Lending Processor

Please Note: Full vaccination against COVID-19 is a requirement for employment at 1st Security Bank of Washington.  Accommodations for sincerely held religious beliefs or medical conditions contraindicating the vaccination may be requested.  Requests for required forms should be directed to the HR Department.

A GREAT PLACE TO WORK AND BANK  

Join our team!  1st Security Bank team members deliver service that "WOWs" each other and our customers. We value relationships, teamwork, community, and professional growth in a safe, friendly, and progressive workplace. We celebrate diversity and support equality for all. If you share these core values and are committed to career excellence, let us help you reach your dreams!

1st Security Bank is looking to find a dynamic individual to fill our Personal Banker II position at our Poulsbo Branch! If you are the type of individual that would enjoy working at one of the Puget Sound's Best Places to Work for 6 years in a row and focuses on providing an exceptional client experience, then 1st Security Bank is the place for you. 1st Security Bank was named a bronze medal winner in its class in the Puget Sound Business Journal's Best Workplaces contest in its first year nominated and is also consistently rated a 5 star Bank in Washington State by Bauer Financial, an independent bank rating firm.

POSITION SUMMARY:  

Responsible for verifying, compiling, completing, and documenting application information related to mortgage loans.  Responsible for ensuring the effective and efficient collection of customer information needed for the documentation, underwriting, and collateral perfection on home loans.  Responsible for managing customer loan files from the post application stage process through sale into the secondary market.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following:

• Responsible for duties related to loan processing and closing. Includes identifying aspects of the transaction that may require additional special attention, arranging for funding, and ensuring files are fully documented for underwriting and delivery.

• Maintain contact with borrower and their representatives as required. Order 3rd party reports and validate information as required by process.

• Responsible for setting up loan files and documentation, closing, and funding. Analyze entity structures and other 3rd party reports related to loan documentation.

• Perform and process draw requests and take action on items affective the disbursement process such as change orders, sufficiency of funds, liens, holdbacks, etc.

• Partner with loan officers as the primary liaison between borrowers, their representatives, attorneys, title companies, insurance representatives, and other parties tied to the home lending transaction.

• Responsible for ensuring all terms of the loan are incorporated in the documents, closing conditions are met, and loans are closed within appropriate timeframes and within company required standards.

• Analyze title insurance commitment reports including title exceptions and prepare title/escrow instructions.

• Responsible for performing file setup and coordinating the activities of legal counsel and title and escrow personnel. Carry administrative policy and conditions of approval.

• Perform internal mortgage loan origination system functions for funding and preparing data input boarding sheets related to loan set up.

• Performs other duties as assigned.

YOU WILL BE ELIGIBLE FOR:

• Full medical, dental, and vision coverage for individual or family plan.
• Life insurance.
• Long- and short-term disability insurance.
• 401K matching program.
• Paid sick and vacation time.

OUR CORE VALUES:

• Relationship Driven - we strive to "WOW" (surprise, excite and delight) each other and our customers.
• Ethical - fair, honest and act with integrity. 
• Lead by Example - maintain a positive attitude, show respect for others, and have some fun!
• Accountable - we take our responsibilities seriously and we meet our commitments with urgency.
• Team Player - dependable, enthusiastic contributor to team success and to the greater good of the bank.
• Embrace Dreams - we encourage each other to reach for our dreams.
• Diversity - we celebrate diversity and support equality for all.
• Community Oriented - we actively support our communities and the Bank's CRA initiatives.
• Open and Honest Communication - always professional, responsive, and timely.

EDUCATION and/or EXPERIENCE

• High School Diploma or GED required.
• Bachelor’s degree in accounting, finance, or other related areas preferred.
• Minimum of 2 years of mortgage banking experience in lending, closing, title, escrow, or related fields.Condo-related processing experiences a plus.
• Excellent written and verbal communication skills.
• Possess a thorough understanding of loan processing, escrow, and closing procedures.
• Knowledge of real estate lending and documentation.Knowledge of title and survey matters, including the ability to evaluate exceptions to title.
• Up to date knowledge of mortgage banking procedures including an in depth understanding of loan processing and regulatory requirements.
• Ability to work closely and efficiently with lending personnel.
• Strong customer service skills required for internal and external customer communications.
• Proficient in MS Office Suite, spreadsheets, and database lending software.

COMPUTER SKILLS

To perform this job successfully, an individual should be proficient in Microsoft Office Products and other Database software.

PHYSICAL DEMANDS AND WORK ENVIRONMENT

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• The employee will operate in a general office environment, using office equipment such as a phone and a computer.The employee must be able to bend and squat occasionally when accessing safety deposit boxes or storage.

• The noise level in the work environment is usually quiet to moderate as compared to a private office with light foot traffic and office equipment.The employee must be able and willing and able to interact frequently with the general public.