Mortgage Loan Processor

New York Credit Union Association Albany , NY 12201

Posted 3 months ago

Owners Choice Funding Corporation is a full service mortgage banking corporation licensed in 10 states. It is a wholly owned affiliate of the New York Credit Union Association and its principal business is assisting credit unions in offering competitive mortgage products to its consumer members. The corporation currently services 150 client credit unions, 17,000 consumers and $2B in mortgage loans.

Currently the corporation is seeking individuals that are interested in being part of its professional loan acquisition and processing team. Successful candidates will enjoy working in a team environment and hold a Bachelor or Associate degree or have one plus years of experience in a similar position. Ideal candidate will be responsible for working with the Origination and Underwriting teams to process new loan application packages for home buyers.

Owners Choice Funding is an employer of choice and offers an excellent benefit package to its employees. It is located at the Associations headquarters on Watervliet-Shaker Road in the Town of Colonie.


icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Loan Workout Relationship Manager

Keybank National Association

Posted Yesterday

VIEW JOBS 6/15/2019 12:00:00 AM 2019-09-13T00:00 Job Description ABOUT THE JOB Assist in the management of a portfolio of pass rated "exit," criticized, classified, non-performing and or charged off credit relationships. Minimize charge-offs and maximize recoveries by collaboratively developing and implementing cogent workout, restructuring and/or exit plans. Develop positive relationships with customers, line of business personnel and internal and external professionals. Negotiate skillfully, fairly and ethically with customers and other constituencies. Communicate clearly. Adhere to all corporate compliance guidelines. This position reports to a Loan Workout Team Lead and/or the Loan Workout Regional Manager. ESSENTIAL JOB FUNCTIONS * Manage and/or assist in the management of a loan portfolio including SBA loans and/or other government guaranteed loans to mitigate risk, consisting of deals with aggregate balances equal to or less than $500,000 with moderate complexity and limited potential for adversarial litigation. * Review and analyze loan documentation, financial statements and other similar loan and borrower information to assess risk, quantify repayment capacity, consider the adequacy of repayment sources and/or estimate recovery potential. * Develop, recommend and implement workout/liquidation strategies for problem loans including past due, underperforming, non-performing, and charged-off loans to mitigate risk and maximize recovery. * Adhere to department and corporate guidelines, policies and compliance procedures. * Maintain constructive interaction with regulators. * Work with other professionals such as appraisers, environmental consultants, auctioneers, real estate brokers and property managers to maximize return on collateral secured loans. * Support departmental continuous improvement efforts. * Periodically travel to meet with clients or view collateral. * Participate in community service activities. * Limited participation in the Quarterly Asset Quality Review process and produce timely documentation as required. REQUIRED QUALIFICATIONS * High School Diploma or equivalent. * Two to four years of related experience. * Financial statement analysis experience, two to four years. * Very good oral and written communication skills. * Good skills in assessing credit risk. * Strong negotiation and interpersonal skills. * Expertise utilizing Microsoft Office (Word and Excel) operating systems. PREFERRED QUALIFICATIONS * Undergraduate degree in accounting, finance or related field. * Bankruptcy/workout experience. * Knowledge of SBA standard operating procedures and regulations. * Knowledge of commercial credit products and loan documentation. * Knowledge of creditors rights, collection practices, and bankruptcy. * Knowledge of compliance. * Knowledge of Bank regulations. FLSA STATUS:Exempt KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. 35785BR Keybank National Association Albany NY

Mortgage Loan Processor

New York Credit Union Association