W/S Client Svces Rep III 9/10/2016
M & T Bank
JOB DESCRIPTIONAPPLY Basic Function
Seasoned processor with a strong analytical ability to assess conventional and government loan requests based on a thorough knowledge of product, underwriting, and investor guidelines.
Essential Position Responsibilities
Maintain effective communication with all necessary parties involved in a new loan application, from the customer, broker/correspondent, and co-workers to ensure a seamless and positive application experience.
Work with various internal departments as well as external organizations to obtain processing related documentation or obtain necessary information needed to complete an application i.e.: Verification of Employment, IRS Transcripts, Corelogic LoanSafe, appraisal, bank statements, etc.
Immediately notifies all necessary parties of irregularities relative to standard mortgage guidelines.
Monitor, update and analyze credit reports, appraisals, income documentation, and all verifications to ensure they adhere to product, underwriting and investor guidelines.
Perform other administrative duties supporting the origination department including, but not limited to: coordinating with the broker/correspondent, preparing and mailing commitment letters, review title and homeowners insurance, mailing loan suspend notices, providing the broker/correspondent with additional documentation, and all applicable processing checklists.
Ability to scrutinize a loan application to assess qualification, and is able to restructure a loan or recommend solutions.
Empowered to review and accept loan conditions based on underwriter requirements.
Ensures adherence to all regulatory requirements and guidelines.
Strong analytical/mathematical background to evaluate changes to borrowers current fee structure, allowable changes to those fees and the re-creation of the required regulatory documents.
Nature and Scope
Work closely with both Internal and External Customers such as co-workers, broker, and correspondents.
Associates Degree or two years equivalent work experience.
Two to three years prior mortgage processing or underwriting experience required.
Good PC skills with strong knowledge of Excel, Word, Email Platform and Adobe.
Other Job Information
Ability to make sound decisions based on information provided.
Knowledge of Product, Investor and Compliance Requirements.
Versatility and flexibility working within an ever changing fast paced mortgage environment.
Adapting to new policies and procedures to improve processes and workflow.
Ability to function independently within time constraints.
Excellent verbal and written communication skills.
Highly organized with the ability to multitask.
Strong attention to detail.
Prioritization of daily workload.
Ability to work in a team environment.
Strong work ethic, reliable and dependable.
M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer. M&T Bank Corporation does not sponsor individuals for the purpose of obtaining H-1 Visas. M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.