Consumer Loan Servicing Clerk jobs in Colorado Springs, CO

Company Description

Ent Credit Union exists to improve the financial quality of life of the people we serve. This mission drives us every day, but we are more than our mission. We're also individuals using our unique abilities to make our organization, and the communities we serve, better than they were yesterday. We're a not-for-profit that puts people above profits and actively invests in our community. Our rapidly growing team is expanding our reach to serve more people throughout Colorado. To spread our mission far and wide, we need people like you. If you're interested in a paycheck with a purpose, apply with us today. Our people make the difference, and we truly believe you are our greatest asset.

Job Description

The primary function of this position is to report loan level data to investors for sold loans, clear investor rejects and perform reconciliations for general ledgers and custodial accounts per investor guidelines and accounting policies. Additional responsibilities include performing morning and evening department balancing, researching and correcting general ledger outages, annual disclosures and tax disbursements in accordance with Fannie Mae, VA and FHA servicing guidelines, federal lending regulations, The Consumer Financial Protection Bureau requirements and Credit Union Policies and Procedures. This position will also provide support to the Supervisor of Mortgage Servicing Technical Consulting on a variety of tasks as needed.

Essential Functions

• Investor Reporting (Fannie Mae and Federal Home Loan Bank) - Provide daily and monthly loan activity, research and resolve rejects, and perform monthly reconciliation of investor and custodial accounts.
• Balancing - Perform morning and/or evening balancing functions and research, resolve and correct general ledger outages.
• Assist Supervisor with various tasks such as release testing, compliance research, creating and/or updating P&Ps, projects, training & development, and quality control
• Perform annual functions such as Escrow Analysis, FHA and PMI Disclosures, and Property Tax Reconciliation and Disbursement in accordance with Federal Lending Regulations and The Consumer Financial Protection Bureau.
• Bank Secrecy Act: Remains cognizant of and adheres to Ent policies and procedures, and regulations pertaining to the Bank Secrecy Act.

Qualifications

Minimum Formal Qualifications for the Jr. Analyst Position

• High School Diploma/G.E.D. or equivalent.
• 2 years' experience in mortgage/lending, accounting, statistics, or related financial services or data analysis experience.
• 1 years financial/business analyst or accounting experience. Preferred
• 1 years working with Excel for report creation/data analysis. Preferred

Minimum Formal Qualifications for the Analyst Position

• Bachelor's Degree in Business, Accounting, Finance or similar field
• 2 years' first mortgage lending,or relevant lending experience.
• 1 years' working with report creation/data analysis
• 2 years financial/business analyst experience. Preferred
• 2 years accounting experience. Preferred

Each year of relevant work experience may be exchanged for a year in a relevant degree program or vice versa. For example, a requirement of a bachelor's degree in accounting and 2 years of account experience could be substituted for a high school diploma and 6 years of relevant accounting work experience or a master's degree in accounting and 0 years of work experience.


Technical or Specialized Knowledge/Skills:

• Working Knowledge of Mortgage Lending business terminology and process flow.
• Working knowledge of 1st mortgage products.
• Working knowledge of investor selling and servicing guidelines.
• Working knowledge of lending regulations and Consumer Financial Protection Bureau requirements.
• Ability to read and understand documents such as purchase contracts and appraisals.
• Ability to effectively analyze issues and create positive outcomes for all interested parties within the required regulations.
• Ability to anticipate impact of actions and how to properly resolve additional issues.
• Ability to prioritize/manage workload and allocate resources.
• Organized, detail oriented, flexible and able to multi-task in an ever-changing environment.
• Display positive, professional demeanor and work independently with little supervision.
• Self-motivated.
• Initiative to meet and/or exceed job standards and willingness to take on other tasks that support the goals of the Credit Union.
• Effective verbal and written communication and interpersonal skills.
• Basic competency with Microsoft Word and Excel or similar programs.
• Analytical and mathematical skills.

Certifications Required:

• None

Environmental, Physical and Psychological Requirements

• Standing - Occasionally
• Walking - Occasionally
• Sitting - Frequently
• Lifting - Rarely (40 Lbs)
• Carrying - Rarely
• Pushing - Rarely
• Pulling - Rarely
• Balancing - Rarely
• Stooping - Rarely
• Kneeling - Rarely
• Crouching - Rarely
• Crawling - Rarely
• Reaching - Occasionally
• Handling - Occasionally
• Grasping - Occasionally
• Feeling - Occasionally
• Talking - Frequently
• Hearing - Frequently
• Repetitive Motions - Frequently
• Eye/Hand/Foot Coordination - Occasionally
• Noises louder than normal speaking volume - Occasionally
• Temperature Changes - Rarely
• Atmospheric Conditions - Rarely

Additional Information

The pay range for the Analyst Junior position is: $20.41 to $25.82 per Hour (S12)

The pay range for the Analyst position is: $26.45 to $33.42 per Hour (S14)

Final compensation for this position will be determined by various factors such as relevant work experience, specific skills and competencies, education, certifications, and internal pay equity.

This position is eligible for our corporate bonus program based on company performance.

We anticipate this position to close on 04/26/2024. Please submit your application at your earliest convenience to be considered.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.

Benefits Summary Sheet - 2024

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)