Credit Center Processing And Closing Specialist

** Make banking a Fifth Third better
**** GENERAL FUNCTION:
** Perform a wide range of duties related to the processing and closing of Consumer real estate secured loans and subsequent document follow
-up.  Responsible for reviewing, correcting, compliance, general follow
-up and closing packages on approved real estate and non real estate loans prior to closing.  Responsible  for  the  processing  and  review  of documents  for  real  estate and  not  real  estate loans.

Responsible  and  accountable  for  risk  by  openly  exchanging  ideas  and  opinions,  elevating concerns, and personally  following  policies  and  procedures  as  defined.  Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank' s risk appetite, achieves results by consistently  identifying,  assessing,  managing,  monitoring,  and  reporting  risks  of  all types.
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* ESSENTIAL DUTIES & RESPONSIBILITIES:

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* ** Must live within 30 miles of Farmington Hills or Grand Rapids, MI
*** Retrieve and review needed documents for accuracy and compare to final loan approval and regulatory disclosures.
* Compile and review documents to create final closing package from various sources including internal applications, imaging, vendors, underwriting and retail.
* Communicate with parties involved correcting defects and ensuring all conditions and regulatory requirements are met.
* Record, monitor and report deficiencies and required remedies, including steps taken to resolve issues.
* Ensure deficiencies are accurately resolved and documentation is received within established deadlines.
* Completes Clear to Close checklist and Closing Packages on all loan products. Partnering with Retail to ensure smooth closing process for the customers.
* Manage  Clear  to  close Must  Answer  Chat Line'  for  general  and  application  specific questions.
* Act as a liaison to define business requirements and/or problems and initiate maintenance of existing documentation.
* Coordinate with IT on  systemic  issues  that  impact  loan  closings  and  communicate issues  along with anticipated  timelines  to Retail.
* Update request in ACAPS and other systems for the resolution of and pre-closing discrepancies.
* Verify Determine change of circumstance and correctly document in file.
* Ensure re-disclosure was performed timely based on the new information received within the bank.
* Validate that fees disclosed on the closing disclosure were within the allow able tolerances and compared  to  the last  disclosed  loan  estimate  based  on  a  valid  changed  circumstance that followed the required time period for re disclosure.
* Validate or verify that loan is set-up correctly with proper signers according to title company requirements.
* Confirm waiver dates and mail time (appraisals, other disclosures) were followed accurately and the earliest acceptable close date updated appropriately.
* Handle any remediation efforts that are needed during post close review regarding the above mentioned tasks.
* Research, document, and clear unexpected liens on title
* Work with vendors and other third parties to assist with lien clearance
* Understand and be able to explain consumer loan documents including notes, loan estimates, closing disclosures, security agreements, and others.
* Understand and be able to explain customer income documents such as paystubs, W2s, personal and business tax returns.
* Coordinate with third  parties  and  utilize internal  vendors  to process  applications  including,  but not  limited  to,  ordering  and  verifying  payoffs from  other  lenders  and  verifications  of employment.
* Manage  a  pipeline  of  consumer  loan  applications  to ensure  accurate  and  timely processing.
* Perform any other duties as assigned.#LI-RD1
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* SUPERVISORY RESPONSIBILITIES:

** None.
** MINIMUM

KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

*** Bachelor's degree or equivalent combination of experience/education.
* Minimum 3 years of prior experience in underwriting, closing, post-closing, processing,  or  real estate documentation area of  a t it le company  or  financial    institution.
* Know ledge of RESPA/TILA requirements, compliance, and overall origination processes (including processing, underwriting, closing, funding).
* Professional written and verbal communication skills.
* Ability to proactively resolve problems.
* Demonstrated teamwork and high level of customer service.
* Time management, attention to detail and ability to work in a fast-paced, process-centered changing environment.
* Must  be  well  organized  and  be  able  to plan  for and  meet  production  deadlines.
* Proficient Microsoft Office suite skills required.

Credit Center Processing And Closing Specialist Total Base Pay Range 44,300. USD Annual At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and…