Processor

Remote: 
Full Remote
Contract: 
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Offer summary

Qualifications:

Four-year college degree, 5+ years processing experience, Strong communication skills, Ability to handle complex processing requests.

Key responsibilities:

  • Facilitate loans through the loan manufacturing process
  • Establish communication with all 3rd parties involved in transactions
  • Audit files for compliance throughout the loan process
  • Assist junior Processors in resolving non-routine issues

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Newrez LLC Financial Services Large https://www.newrez.com/
5001 - 10000 Employees
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Job description

Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications.

We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.
 

Primary Function

The Sr Processor works in conjunction with Sales to ensure all loans in assigned pipelines are facilitated through the loan manufacturing process. Additionally, this role will maintain daily workflow prioritization & perform the proper due-diligence to ensure every loan has been processed in quality, timely and efficient manner.  The Sr Processor establishes communication with all 3rd parties tied to the transaction, including, but not excluded to the appropriate Title Company and Appraisal Management Company. The Sr Processor also works closely with our internal departments:  Underwriting, Secondary, Closing and Post-Closing.  Assists more junior Processors resolve issues.

Principal Duties

  • Establishes proper communication with Borrower (where necessary).
  • Handles more complex Processing requests and activities.
  • Actively communicates with all 3rd Parties.
  • Completes the proper due diligence on any/all loan conditions received from Sales.
  • Processes all loans according to established NPF Service Level Agreements
  • Performs necessary pipeline tasks required to clear all assigned Processing Conditions.
  • Processes all files pursuant to the NPF pre-closing checklist.
  • Properly maintains satisfactory monthly quality scores.
  • Coordinates all closing requests received from Sales.
  • Audits files for compliance throughout the loan process:  RESPA/GFE, all applicable State/Federal tests, TILA & other required state specific disclosures.
  • Assist more junior level Processors resolve non-routine issues.
  • Prepares loan file for final review by Processing Manager.

Education and Experience Requirements  

  • Four (4) year college degree
  • 5+ years processing experience

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

Additional Information:

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

 

All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement.

Company Benefits:

Newrez is a great place to work but we are only as strong as our greatest asset, our employees, so we believe in rewarding them!

  • Medical, dental, and vision insurance

  • Health Savings Account with employer contribution

  • 401(k) Retirement plan with employer match

  • Paid Maternity Leave/Parental Bonding Leave

  • Pet insurance

  • Adoption Assistance

  • Tuition reimbursement

  • Employee Loan Program

  • The Newrez Employee Emergency and Disaster Fund is a new program to support our team members

Newrez NOW:

  • Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more

  • 1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice

  • Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee

  • Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions


Equal Employment Opportunity 
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

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Required profile

Experience

Industry :
Financial Services
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Quality Assurance
  • Communication
  • Teamwork
  • Problem Solving

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