Mortgage Loan Servicer I
On-siteDuluth, Georgia, United States
Job Summary
Review loan documents and initiate funding for loan closing while performing booking of all new loans and creating new loan files. Monitor escrow accounts, make insurance premiums and real estate tax payments, and perform annual escrow analysis. Process paid-off loans by preparing documents for recordation and overpayment refunds, and mail mortgage payment due notices. Scan loan documents including HUD, Note, and Deed of Trust, and prepare mortgage loan pipeline and board meeting reports. Monitor delinquent loans and prepare appropriate notices, while performing account research, payment adjustments, and various loan maintenance needs in compliance with BSA/AML regulations. Report suspicious activity to the BSA Officer and obtain adequate data for CIP on wire transactions.
Required Qualifications
- Associates degree with Accounting Major or equivalent work experience
- Software skills including Microsoft Office, Adobe, Internet, and Email
- Familiar with the overall BSA/AML regulations and requirements
- Exhibits adequate knowledge of the following: CIP, Account Risk Assessment, Customer Due Diligence, CTR, OFAC, Cash purchase of monetary instruments, Originating Bank, Beneficiary Bank, TIN, NRA, HIDTA, HIFCA and SAR
- Exhibits adequate knowledge of the following concepts: placement, layering, and integration
- Familiar with the reporting requirements pertaining to currency transactions, cash purchase monetary instruments, wire transfers and opening of an account
- Exhibits adequate knowledge of regulations governing consumer laws pertaining to deposits or loans products
- Knows where and to whom any 'suspicious' activity should be reported
- Understands policies, procedures, and regulations related to their job description
- Has the product and operational knowledge needed to do the job
- Has the technical skills required to do the job and uses technology appropriately
- Remains current on all Bank communication
- Continues to develop knowledge of Metro City Bank products, services, and procedures
- Demonstrates commitment to continuous learning and improvement
- Remains current on all Compliance courses as assigned
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