Mortgage Loan Funding Clerk, Sr. jobs in New Britain, CT

Mortgage Loan Funding Clerk, Sr. performs routine administrative tasks in support of the mortgage loan funding group. Prepares and finalizes documents and helps customers with packaging and funding. Being a Mortgage Loan Funding Clerk, Sr. ensures accuracy in loan closing process. Facilitates training and support of lower level funding clerks. Additionally, Mortgage Loan Funding Clerk, Sr. requires a high school diploma or equivalent. Typically reports to a supervisor or manager. The Mortgage Loan Funding Clerk, Sr. works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Mortgage Loan Funding Clerk, Sr. typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)

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Loan Review Analyst Sr
  • Liberty Bank
  • Middletown, CT FULL_TIME
  • At Liberty, we are proud to integrate our Diversity, Equity and Inclusion (DE&I) throughout all functions and areas of the Bank in order to maximize our impact and exceed goals. We believe that deepening our DE&I strategies in the workplace and communities we serve, creates a much better place to work for our teammates and a safe place where our customers are connected and supported.  We take pride in promoting through initiatives and investment a socially responsible and sustainable future. SUMMARY OF THE JOB: Reporting to the Loan Review Manager, the incumbent is responsible for providing an independent quality review of the Bank’s commercial loan and commercial real estate loan portfolio and lending practices. The position is responsible for supporting the Loan Review function through the assessment, on a loan specific or portfolio wide basis, of loan quality and corresponding potential loan loss exposure for the various loan portfolios. Monitors compliance with and adequacy of established lending and corporate policies. ESSENTIAL FUNCTIONS: The incumbent analyzes the composition of the Bank’s commercial loan portfolio to identify any deterioration of loan quality, potential problem loans, exceptions to loan policy, concentrations of credit, and documentary deficiencies. Monitors the risk rating system to insure it is both accurate and current. Recommends adjustments to risk ratings if credit quality warrants. Reviews commercial and industrial,, resort finance, commercial real estate, small business loans and other loan products as we expand and contract in accordance with Loan Review Department Policy and plan, which involves review of individual credit files including basic legal documentation review. Participates in Directors’ Credit Risk Committee meetings presenting information on Bank’s loan portfolio. Provides internal/external auditors and examiners with reports of loan review findings. Employs desktop systems to full advantage in performance of evaluative tasks. Maintains knowledge and skill in related technology to efficiently process assigned loan reviews. PRINCIPAL ACCOUNTABILITIES Loan Review: Conducts highly complex loan reviews to ensure that loans are originated, processed, underwritten, and closed in compliance with relevant regulations and consistent with Company policies. Performs on-going review of commercial loan portfolio to identify potential problems, exceptions to policy, and other deficiencies. Conduct loan reviews in accordance with type, scope, and plan period. Expedite/improve processes where possible. Analysis: Use credit and financial information to verify the continuing credit worthiness of existing customers.  Strong ability to analyze corporate financial statements and tax returns.Risk Rating: Assess adequacy of current grades and accrual status. Recommends adjustments to risk ratings and changes to loan policy and procedures when loan conditions warrant. Independent Judgement: Provides consultative feedback to relationship managers and their unit managers relative to credit/loan quality issues arising from loan reviews when applicable. Evaluates effectiveness of management processes in the banks various loan portfolios.Reporting: Prepares complete reports of loan portfolio composition which accurately reflect lending conditions. Assists in developing summary reports for senior management identifying trends and offering recommendations as assigned for process improvements. Assists in the completion of quarterly summary reports for executive management and Loan Committee. Attends Special Assets meetings and other Line of Business meetings as required. Computer Use: Word, Excel Outlook and ability to learn Loan Review platform, Sage works. Prolonged sitting. DIMENSIONS Operate in a loan volume environment with loan volumes range from $5 thousand to $1 million (Small Business), C&I, $1 - $5 million and $5 million to 85 million (CRE & Resort Finance). Ability to successfully transition from reviewing diversified loan types based on specific Lines of Business. Comfortable in maintaining prolonged periods of “desk file” reviews. Ability to complete 2-3 loan file review/write-ups per week. MINIMUM REQUIREMENTS: Language, reasoning, and analytical skills normally acquired through completion of a Bachelor’s degree preferably in business, finance, or accounting and/or equivalent professional experience. An advanced degree is also preferred. In addition, and a minimum of 5 – 7 years loan review experience is required and formal credit training preferred. Strong communication skills with ability to relate well with the loan officers, team leads and loan servicing staff. Be detail oriented and work independently within deadlines. Skilled at multitasking. Demonstrated ability to make sound business decisions and prioritize work consistent with goals and objectives. Solid knowledge of desktop technologies (i.e. word, excel, Outlook) with technical aptitude to learn and employ new software. Strong analytical skills. Recognize trends and relationships in data and reports and can formulate appropriate conclusions and responses. Has experience/familiarity with due diligence processes. Can coach and develop others, proactively sharing information and expertise for the benefit of the team. All Loan review assignments including: Loan documentation, regulatory compliance, and report writing. PHYSICAL REQUIREMENTS:  General Office Equipment Keyboard Dexterity Prolonged Sitting   COMPLIANCE Acts affirmatively in all activities under his/her control in conformance with the Bank’s Affirmative Action, Equal Employment Opportunity, and Fair Lending Programs to achieve the Bank’s goals and objectives. The bank shall provide equal employment opportunity to all qualified persons, and continue to recruit, hire, train and evaluate persons in all jobs without regard to race, color, religion, sex, national origin or veteran status.   Liberty Bank is an Equal Opportunity employer.  It is the policy of Liberty Bank to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.   *LI-HYBRID
  • 14 Days Ago

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Loan Closer
  • Liberty Bank
  • Middletown, CT FULL_TIME
  • At Liberty, we are proud to integrate our Diversity, Equity and Inclusion (DE&I) throughout all functions and areas of the Bank in order to maximize our impact and exceed goals. We believe that deepen...
  • Just Posted

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Clerk
  • The Middlesex Corporation
  • Middletown, CT FULL_TIME
  • Clerk Hours: Part-Time/24 Hours Shift Details: Day shift The Smarter Choice for your Career! Come join one of Connecticut’s Top Workplaces, and a Magnet designated organization! At Middlesex Health, w...
  • 23 Days Ago

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Clerk
  • Postal Source
  • Torrington, CT FULL_TIME
  • POSTAL CLERK NO EXPERIENCE REQUIRED PAID TRAINING PROVIDED JOB SECURITY The Postal Service is the largest government related agency in terms of employees. The Postal Service currently employs nearly 1...
  • Just Posted

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Clerk
  • Middlesex Health
  • Middletown, CT FULL_TIME
  • Clerk Hours: Full-Time/40 Hours Shift Details: Monday-Friday 8:00am-4:30pm with 1 Sunday per month (will get a day off during the week when working the Sunday shift). The Smarter Choice for your Caree...
  • 1 Month Ago

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Mortgage Occupancy Field Inspector
  • GIS Field Services
  • Litchfield, CT FULL_TIME
  • GIS Field Services, Inc. is looking to hire a Mortgage Occupancy Field Inspector to perform residential property inspections on behalf of mortgage lenders. Our inspectors enjoy a flexible schedule whi...
  • 1 Month Ago

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0 Mortgage Loan Funding Clerk, Sr. jobs found in New Britain, CT area

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Personal Banker- Norwalk
  • WELLS FARGO BANK
  • Norwalk, CT
  • Why Wells Fargo: Are you ready for the next step in your career? This is where it begins - at a company known for our "W...
  • 3/28/2024 12:00:00 AM

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Personal Banker-Glenville Greenwich
  • WELLS FARGO BANK
  • Greenwich, CT
  • Why Wells Fargo: Are you ready for the next step in your career? This is where it begins - at a company known for our "W...
  • 3/28/2024 12:00:00 AM

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Personal Banker North Colony
  • WELLS FARGO BANK
  • Wallingford, CT
  • Why Wells Fargo: Are you ready for the next step in your career? This is where it begins - at a company known for our "W...
  • 3/27/2024 12:00:00 AM

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Pricing Analyst
  • Tomo
  • Stamford, CT
  • About Tomo We believe everyone deserves a home-and at Tomo, our mission is to make homeownership a reality for everyone....
  • 3/27/2024 12:00:00 AM

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Assistant Branch Manager/Business Specialist
  • Westfieldbank
  • Springfield, MA
  • Description **Position:** Assistant Manager/Business Specialist **Department:** Retail Banking **Job Status:** Full Time...
  • 3/26/2024 12:00:00 AM

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Mortgage Loan Officer
  • NexGoal
  • Stamford, CT
  • Our Client’s Company Profile: Our client is a nationwide mortgage broker with over 50 years of mortgage expertise. With ...
  • 3/25/2024 12:00:00 AM

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Experienced Loan Originator
  • Total Mortgage Services, LLC
  • Milford, CT
  • Experienced loan officers: Our resources plus your experience equals unlimited success! Total provides exclusive access ...
  • 3/25/2024 12:00:00 AM

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Finance Analyst
  • Atlantic Group
  • Norwalk, CT
  • -Small-business direct lender with ~65 employees, based in Norwalk, CT -The firm is seeking an analyst to perform monthl...
  • 3/24/2024 12:00:00 AM

New Britain is a city in Hartford County, Connecticut, United States. It is located approximately 9 miles (14 km) southwest of Hartford. According to 2010 Census, the population of the city is 73,206. Among the southernmost of the communities encompassed within the Hartford-Springfield Knowledge Corridor metropolitan region, New Britain is home to Central Connecticut State University and Charter Oak State College. The city's official nickname is the "Hardware City" because of its history as a manufacturing center and as the headquarters of Stanley Black & Decker. Because of its large Polish p...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Mortgage Loan Funding Clerk, Sr. jobs
$48,299 to $60,937
New Britain, Connecticut area prices
were up 1.7% from a year ago

Mortgage Loan Funding Clerk, Sr. in New York, NY
Based on our compensation data, the estimated salary potential for Mortgage Loan Funding Clerk will increase 61 % over 5 years.
February 18, 2020