Disclosure And Post Closing Specialist

Mechanics Bank is currently searching for a Disclosure and Posting Closing Specialist to join our team. Here at Mechanics Bank, we value connection, partnership, long term relationships and working together in person. This role will be working on-site at our Walnut Creek office.

The Disclosure and Post Closing Specialist is responsible for preparing initial disclosures ensuring they are delivered accurately and timely, fully complying with applicable regulatory requirements. For postclosing, ensure loan files are complete and review loan documents to ensure they are accurate. Follow up on escrow docs i.e. DOT, updated title report, etc. and prepare them for boarding, call backs, shipping to investor. Funding coordination, review of loan documents, following up on trailing docs with External Fulfillment Partners and Pool channels.

What you will be doing:

• Prepare required mortgage disclosures and documentation that lenders are legally obligated to provide to borrowers, including the initial loan estimate, loan estimate, change of circumstance loan estimate. Adhere to strict timelines and deadlines for disclosing.

• Create, send and ensure all mortgage documents and disclosures comply with relevant federal and state regulations, such as Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA).

• Maintain communication with Sales Support Team, Loan Originators and other stakeholders to gather necessary information and clarify any questions or concerns related to disclosures. Maintain communication if necessary with Escrow and Title and other vendors regarding fees.

• Accurately inputting information and fees in Encompass. Conducts quality checks to verify the accuracy and completeness of disclosures.

• Review and verify that all loan documents are complete and accurate, including title, insurance policies, etc. Ensure trailing documents are gathered, processed and all investor guidelines are met for loan salability Funding Coordination with EFP and Pool channels EFP and Pool channels

• Ensure that all necessary funds have been received Organic, EFP and Pool channels

• Conduct thorough quality control checks on loan files to identify any discrepancies or errors and take appropriate corrective action Address any inquiries, missing documentation(s) related to post-closing process and resolve them promptly and professionally i.e. title insurance, investor(s), correspondent lender(s). Ensure loan files are audited, shipped and sold correctly in a timely manner.

• Participates in departmental projects. Performs all other job duties as assigned by supervisor.

Who you are:

• High school or GED diploma required.

• 2 years of relevant banking experience highly preferred.

• MS Word

• MS Excel

• MS Outlook

• Encompass (LOS)

• LaserPro or other Loan Originating System

• Knowledge of lending regulations and documentation

• Possess excellent human relations, communications and business writing skills.

• Ability to work effectively without direct supervision.

• Ability to comprehend and interpret Bank policies and procedures.

• Possess effective time management and organizational skills.

• Demonstrates teamwork in facilitating workflow. High level of cooperation with others and is responsive to the Bank's needs.

• Exemplary motivation, enthusiasm, professionalism and team skills.

• Have high level of accuracy and great attention to detail.

• Strong analytical and problem solving skills.

• Demonstrates excellent customer service skills.

• Ability to cope with pressure resulting from meeting required deadlines, reporting requirements and training responsibilities.

• Exhibit high degree of professionalism and confidentiality in handling and having access to sensitive customer or employee information.

• Ability to handle constant use of tact, discretion and good judgment.

• Ability to travel between bank locations and/or commute for training purposes - less than 25%

#LI-AS1

Pay: $20-27 an hour

Final compensation package will be determined by the work experience, education, and/or skill level of the applicant along with internal equity and alignment with geographic market data.

• Mechanics Bank is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, religion, national origin, age, genetic information, veteran status, or on the basis of disability, gender identity, sexual orientation or other bases prohibited by applicable law.

• Please view Equal Employment Opportunity Posters provided by OFCCP here.

• To learn more about Mechanics Bank's California privacy and security policies, including your right to a Notice At Collection as a California Resident, please visit https://www.mechanicsbank.com/California-Consumer-Residents