Secondary Processing Specialist

Position:Secondary Processing Specialist

Location: Corporate Office in Metairie, LA

Job :469

# of Openings:1

At OnPath Credit Union, we share a passion for delivering exceptional service. Your primary role will involve building relationships with our members, offering personalized solutions and identifying opportunities to help them achieve financial success. If you thrive in an environment with team members who truly enjoy what they do and you are sales driven and motivated to succeed, then OnPath is the place for you!

Voted twelve years in a row as one of the Top 40 Places to Work by the Times Picayune, we offer:

• Competitive Compensation
• Impressive Benefits Package including Medical, Dental, Life Insurance, and 401(K) Plan
• Paid Vacation, Wellness, Sick Time, and more!

We are looking for a Secondary Processing Specialist to join our team! The salary range for this position is $22.80 to 28.50 per hour based on skills and experience. This position is classified as On-site.

As a dedicated member of the OnPath FCU team, this role performs a variety of tasks that in partnership with the surrounding departments, provides cost effective financial services for the benefit of our members who are our primary focus. Our core values are what make us E.P.I.I.C. We are Empathetic to the vast situations and needs of our member’s and to each other.

We are Passionate about the financial growth and success of our members. We are Innovative in our ideas and goals to remain at the top of our class in financial services. Our Integrity is not an option. We require our employees to be honest and have strong moral principles. We are Committed to our promise to be the best financial advocates for our members and the communities we serve.

The Secondary Processing Specialist is responsible for working independently to process and document residential real estate loans to be sold into the secondary loan market and portfolio loans to investor guidelines and doc requirements. Conducts daily business interactions and maintains constant alignment with OnPath’s mission, culture, and core values and core behaviors. Initiative and judgment are required in the absence of specific direction from management.

Ensures value through decision making that supports credit union goals and interests while upholding OnPath’s service standards and ethics. Increase OnPath’s mortgage lending by assisting customers and members from the loan application process through the closing of the mortgage loan.

• Works independently to process and document residential real estate loans to be sold into the secondary loan market and portfolio loans to investor guidelines and doc requirements.
• Make sure all secondary market loans are complete and properly documented.
• Requires the ability to work in a fast-paced environment, multi-tasking with processor functions for all home lending products.
• Demonstrates proficiency with Desktop Underwriter and Loan Prospector AUS systems.
• Coordinates with underwriters and borrowers to quickly and effectively clear stipulations and exceptions.
• Prepares complete loan files for underwriting decisions.
• Processes and uploads completed loan packages to third party lenders, investors, and servicers, when required.
• Assures that all customer files are complete and in compliance with all regulations and internal policies.
• Updates and documents the status of loans in origination system.
• Assists Mortgage Loan Officers and Management as needed with communication to members, employees, and other 3rd parties.
• Ensures member privacy, security of files and appropriate staff access.
• Performs such tasks as may be assigned by his/her supervisor, which is commensurate with the position.

Minimum of 3–5 years of mortgage loan processing experience. Demonstrated ability to effectively manage an average pipeline of 25–35 active mortgage loans while maintaining accuracy, quality, compliance, and established service-level timelines.

A high school degree or equivalent

A significant level of trust, credibility and diplomacy…