Purchase Clearing Specialist

Position Purpose

Facilitate the sale of mortgage loans to the secondary market and assist with the Bank’s regulatory reporting process.

• High School diploma or general education degree (GED) is required. Post-secondary education is helpful. Prior accounting, secretarial and/or bank lending experience is helpful
• Must be a mature, responsible individual with a professional appearance, be dependable, and take pride in their work
• Attention to detail is a must in this position
• General PC knowledge, including the internet, is required, accurate typing capabilities, and ability to learn various computer software programs
• Familiarity with loan documentation requirements is helpful; however, detailed knowledge is not a mandatory prerequisite
• Must enjoy assisting customers and fellow employees
• Must be able to multi-task and work under stress and pressure
• Must be trustworthy and maintain a high level of confidentiality

• Identify, translate, and document investor conditions of mortgage deficiencies
• Clear deficiencies so that investor will purchase mortgage
• Build relationships with investor representatives
• Understand the entire mortgage process (applications, documentation, disclosures)
• Ability to work professionally both inside and outside the bank
• Clear written and spoken communication is a necessity
• Pipeline management/time management is a key component to success

We offer a competitive benefits package that includes Medical, Dental and Vision; FSA or Dependent Care;
Supplemental Accident, Hospital, or Critical Illness Plans;
Employer paid Life Insurance, Short Term Disability, and Long-Term Disability; and Additional Voluntary Life Insurance Options. Paid Vacation, Sick and Volunteer leave; 401K and Profit Sharing.

Compensation for positions is based on the specific position and may be paid in the form of an hourly wage, overtime, a semi-monthly salary, commissions, or a combination of them. Depending on the specific position, some may be paid solely on commissions or others may include a bonus structure. As part of our employee benefits package, we offer exclusive perks such as discounted rates on banking and mortgage services, fee waivers, and access to special financial products.

These benefits are designed to support your financial well‑being as a valued member of our team.

Plains Commerce Bank is an affirmative action/equal opportunity employer committed to providing equal employment opportunity without regard to an individual’s race, religion, color, gender, national origin, ancestry, age, sexual orientation, disability, or veteran status.