Mortgage Loan Assistant

Job Description

Job Description

Mortgage Loan Assistant

Bank of the Orient is an independent Asian Community Bank that has proudly served the financial needs of multiple Bay Area communities for over 55 years and the Sugar Land, Texas area. We are well known for our commitment to providing the highest level of personal service to our customers; we take a personal interest in our communities' unique banking needs, we are dedicated to providing integrity in banking and financial services, we provide high quality dependable service by being accessible and reliable.

We are committed to excellence in everything we do.

We have an opening for a Mortgage Loan Assistant for our Mortgage Lending Department. This position is supervision and within established policies and procedures performs a wide variety of duties pertaining to the servicing and operations of mortgage loans including processing payoffs; release of liens; booking new loans and renewals; posting payments and loan disbursements; completion of credit ratings; tracking, obtaining and auditing hazard insurance and taxes;

maintenance of loan/customer information; security of Bank retained collateral; tracking of financial statements; UCC filings, and other time-sensitive processes/documents; as needed, produces correspondence; responds to customer inquiries; and prepares reports.

ESSENTIAL DUTIES:

• Demonstrates quality customer service principles with internal and external customers ensuring customer relationships are maintained at the highest possible level.
• Tracks insurance policies on a timely basis and obtains appropriate policies; upon receipt of policy, audits all appropriate system updates and files appropriately.
• Tracks loan commitments and corresponding balances, and reconciles transactions against the general ledger.
• Responds to customer inquiries by researching, analyzing, and resolving issues in a timely manner.
• Reviews all appropriate loan reports and provides all necessary audit trails and information on the appropriate report, daily.
• Tracks property taxes (if applicable) and obtains the appropriate evidence of payment. Upon receipt of evidence, responsible for verification, system updates, and filing.
• Properly stores loan documentation, including credit and legal files, notes, and any other loan documentation or correspondence, adhering to retention schedules for both the department and the warehousing of documents and records.
• Maintains and updates customer information in both the physical loan files and supporting data systems.
• Tracks UCC filings, financial statements, collateral reviews, and any other time-sensitive processes/documents and communicates due dates to account officers in a timely manner.
• Prior to scheduling funding/closing, ensure loans conform to LSC Process Risk Assessment and the Credit Memorandum.
• Create and maintain hard and electronic loan files. Ensure complete and accurate files are maintained for presentation in internal and external audits.
• Ongoing tracking and monitoring of post-closing tickler items.

REQUIREMENTS:

The candidate will be subject to investigation through credit checks, reference checks, background checks and fingerprinting checks performed at the time permissible under relevant law.

Email resume to:

Visit our website at:  for additional information.

Bank of the Orient is proud to be an Affirmative Action, Equal Opportunity Employer.