for performing a variety of duties relating to the processing and approval of
Mortgage and Retail Loans and performing analyses related to ongoing projects
and initiatives in the Retail Lending Division.
GENERAL DUTIES AND RESPONSIBILITIES:
Underwrite mortgage/consumer loans while
ensuring compliance with all retail lending regulations, FHLMC standards, and
QNB Retail Lending Policy.
Ensuring that Consumer and Mortgage
loans are reviewed for accuracy and completeness prior to approval.
in conforming all loan files, secure missing documentation and complete
underwriting documents for saleable mortgages, subject to final approval.
informed on all changes in regulations and policies regarding consumer and residential
mortgage lending, including FHLMC and FHLB requirements.
FHLMC automated underwriting system (Loan Prospector) to obtain all necessary components
necessary for processing and underwriting.
that all mortgage files are complete and conform to GSE and Portfolio credit
standards. Secure missing documentation and complete underwriting documents for
both saleable mortgages and portfolio mortgages, subject to final approval by
the GSE or QNB.
the title commitment report for irregularities. If further action is necessary,
take the appropriate steps to expedite closure of the transaction. Review report with Retail Lending Manager for
8. When necessary, responsible for the
review, evaluation, and approval of retail loans within individual lending
parameters as set by policy.
9. Preparation of loan documentation
for mortgage and retail loans through the Meridian Mortgage and IDS software systems
to include the review of documents prepared by staff members to ensure accuracy.
Learn various borrowing programs
and processes and stay current with changes and new products, new methods and
Prepare and review HMDA and CRA
reporting and to include system input, report maintenance, and comparing for accuracy prior to
submission to FDIC.
Assist in establishing a strong
market presence for QNB Bank, including but not limited to, developing
relationships with realtors, builders, financial service providers, and
Attend various community events to
raise referral awareness for QNB’s lending products and services.
Ensure compliance with Federal,
State, and local laws.
Responsible for positive
communication with customer and all other departments of QNB by using Q2 skills.
EXPERIENCE AND EDUCATION:
or equivalent level courses in business, banking or related areas of equivalent
be able to maintain high level of accuracy.
knowledge of TRID/ RESPA, Reg Z, ECOA, FACTA, FCBA, FCRA, HMDA, UDAAP, SAFE Act,
Fair Housing, HOPA, HOEPA, GLB, Appraisal, Flood, CERCLA, CRA and other
knowledge of FHLMC and FHLB requirements.
with title insurance, flood insurance, and property insurance
knowledge of personal computer.
skills to represent the Bank in a positive manner when dealing with internal
and external customers.
KNOWLEDGE, ABILITIES AND SKILLS:
familiarity with the Bank’s lending policies, guidelines, and products, as well
as specific loan programs, qualifications, procedures and policies to provide
full loan and services.
2. Five years of
experience in secondary market origination, processing, underwriting, closing
procedures and selling of loans. Current, in-depth working knowledge of the
mortgage and consumer lending industry and operations.
3. Works well
independently and within a team dynamic.
4. Knowledge of Jack
Henry core banking system, Meridian Mortgage, IDS, Finastra Laser Pro, Quest
Soft including HMDA and CRA Wiz or other Automated Underwriting Systems (AUS) -
Desktop Underwriter (DU), Desktop Originator (DO), Loan Prospector (LP),
5. Knowledge of
Mortgage/ Consumer origination, documentation, and servicing systems.
6. Knowledge of Consumer
7. Knowledge of loan
document imaging systems.
8. Excellent verbal
and written communication skills.
9. This position
requires compliance with the S.A.F.E. Mortgage Licensing Act of 2008 and all
related regulations. Ongoing employment is contingent upon meeting all such
requirements, including acceptable background investigation results