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Senior Processor, Single Family Mortgage

Job in Carmel, Hamilton County, Indiana, 46033, USA
Listing for: Merchants Bank IN
Full Time position
Listed on 2026-06-21
Job specializations:
  • Finance & Banking
    Banking Operations, Financial Compliance, Banking & Finance, Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 80000 - 100000 USD Yearly USD 80000.00 100000.00 YEAR
Job Description & How to Apply Below

Job Type

Full‑time

Description

The Senior Processor serves as a lead role within Mortgage Operations, responsible for guiding a team of loan processors to deliver timely, accurate, and compliant loan files. This role acts as a key liaison between processing, underwriting, closing, and leadership, driving operational efficiency, file quality, and service excellence while fostering team development and performance.

Expected Outcomes
  • Consistent delivery of high‑quality, compliant loan files for self and processing team
  • Strong leadership resulting in an engaged, high‑performing processing team
  • Timely progression of loans through the pipeline aligned with milestone expectations
  • High satisfaction levels among customers, loan officers, internal partners, and vendors
  • Improved operational efficiency and repeat business through excellent service
The Senior Processor will be able to do the following confidently and independently
  • Guide, coach, and strengthen a team of Loan Processors
  • Conduct regular pipeline reviews
  • Work with Ops Manager to develop ongoing training, mentoring and support on guidelines and systems
  • Assist Ops Manager in making new hires successful
  • Foster a high-performance, collaborative team environment
  • Monitor team pipelines and daily reports to ensure loans are progressing within expected timing commitments for each Milestone. Track key metrics per processor
  • Providing high‑level processing for special service loans and employee loans
  • Identify bottlenecks and proactively resolve issues
  • Act as escalation point for complex loan scenarios and borrower/loan officer/vendor issues
  • Partner with internal leadership to quickly resolve conditions and help loans move to closing
  • Assist processors with structuring of loan files and direct to resources
  • Maintain strong knowledge of products, guidelines and overlays
  • Identify opportunities to streamline workflows, recommendations for system enhancements, and reduce cycle times
  • Drive adoption of best practices across team
  • Work together with Ops Manager to enhance team collaboration, high‑efficiency and drive
Requirements
  • 7+ years of mortgage processing experience
  • 1-3 years in a leadership or senior processor role
  • Strong knowledge of agency and government loan guidelines
  • Mortgage experience in a banking environment is a plus
  • Excellent communication and problem‑solving skills
  • Strong leadership and coaching skills
  • Proficiency in LOS systems, Encompass preferred
  • Strong diligence and compliance orientation
  • Ability to manage multiple priorities in a demanding environment and make clear decisions to direct team
Benefits

Health, Vision, Dental, 401K, ESOP, 100% Tuition Assistance, 4 weeks paid time off, plus a few more.

PM20 #CL

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Position Requirements
10+ Years work experience
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