Senior Mortgage Loan Processor
City National Bank, Los Angeles, CA, United States
SENIOR MORTGAGE LOAN PROCESSOR
WHAT IS THE OPPORTUNITY?
The Senior Mortgage Loan Processor plays a critical role in managing home equity lines of credit, purchase, and refinance transactions. This position involves a thorough examination and evaluation of client applications, ensuring loans are processed and closed efficiently. Candidates must be compliant with the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (Safe Act) and hold a registration with the Nationwide Mortgage Licensing System and Registry, or be eligible to register. Maintaining compliance with the Safe Act is essential.
WHAT WILL YOU DO?
Review loan approvals and determine necessary documentation for closing.
Promptly communicate and respond to internal stakeholders within two hours.
Manage and prioritize daily workflow using pipeline reports effectively.
Conduct reviews of all loans at least every three days.
Handle an individual pipeline of 30-50 loans efficiently.
Stay updated on company guidelines and loan programs.
Achieve and exceed monthly funding goals as outlined by management.
Perform additional duties as assigned.
WHAT DO YOU NEED TO SUCCEED? Required Qualifications High School Diploma.
A minimum of three years of recent experience in the mortgage industry.
At least three years of experience with basic computer applications (e.g., Microsoft Word, Excel, Outlook).
Compliance with the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (Safe Act) is required, including registration with the Nationwide Mortgage Licensing System and Registry, or eligibility to register.
Additional Qualifications Proven ability to identify and resolve issues effectively.
Strong attention to detail and accuracy in all tasks.
Capacity to maintain high performance levels, especially under pressure.
Solid understanding of federal and state regulatory guidelines (TRID experience required).
Excellent written and verbal communication skills.
Strong organizational skills.
Ability to manage multiple tasks in a fast-paced, deadline-driven environment.
Proficient in Microsoft Office and Loan Origination systems.
This role is based in the NYC metro area. WHAT'S IN IT FOR YOU? Compensation Starting hourly wage: $25.93 - $41.43. Compensation may vary based on experience and qualifications. This position is also eligible for bonuses and commission. Benefits and Perks At City National, we are committed to offering exceptional benefits and perks for our team members, including: Comprehensive healthcare coverage: Medical, Dental, and Vision plans effective from the first of the month after your start date.
Generous contributions to a 401(k) retirement plan.
Career development opportunities, including tuition reimbursement and various training resources.
Valued time off benefits encompassing vacation, sick leave, and volunteer days.
Specialized health programs including fertility support and resources for chronic conditions such as cancer, diabetes, and musculoskeletal issues.
Support for career mobility through a dedicated recruitment team.
Networking and community engagement through Colleague Resource Groups.
ABOUT US City National Bank has always gone the extra mile to empower our clients, colleagues, and communities. Founded in 1954 by entrepreneurs, our legacy of integrity, community involvement, and strong client relationships continues to thrive. City National Bank is a subsidiary of the Royal Bank of Canada, a leading financial services organization in North America. For more information about our company culture, please visit our website. INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT City National Bank is dedicated to fostering a diverse and inclusive workplace where all individuals are valued. We are an equal opportunity employer and all qualified candidates will receive fair consideration for employment regardless of race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or any other legally protected category. *The qualifications listed reflect the basic requirements necessary for consideration. Applications are accepted continually until the position is filled. As a reminder, unless specified as fully remote, reporting to a designated City National location is an essential requirement of the job.
Promptly communicate and respond to internal stakeholders within two hours.
Manage and prioritize daily workflow using pipeline reports effectively.
Conduct reviews of all loans at least every three days.
Handle an individual pipeline of 30-50 loans efficiently.
Stay updated on company guidelines and loan programs.
Achieve and exceed monthly funding goals as outlined by management.
Perform additional duties as assigned.
WHAT DO YOU NEED TO SUCCEED? Required Qualifications High School Diploma.
A minimum of three years of recent experience in the mortgage industry.
At least three years of experience with basic computer applications (e.g., Microsoft Word, Excel, Outlook).
Compliance with the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (Safe Act) is required, including registration with the Nationwide Mortgage Licensing System and Registry, or eligibility to register.
Additional Qualifications Proven ability to identify and resolve issues effectively.
Strong attention to detail and accuracy in all tasks.
Capacity to maintain high performance levels, especially under pressure.
Solid understanding of federal and state regulatory guidelines (TRID experience required).
Excellent written and verbal communication skills.
Strong organizational skills.
Ability to manage multiple tasks in a fast-paced, deadline-driven environment.
Proficient in Microsoft Office and Loan Origination systems.
This role is based in the NYC metro area. WHAT'S IN IT FOR YOU? Compensation Starting hourly wage: $25.93 - $41.43. Compensation may vary based on experience and qualifications. This position is also eligible for bonuses and commission. Benefits and Perks At City National, we are committed to offering exceptional benefits and perks for our team members, including: Comprehensive healthcare coverage: Medical, Dental, and Vision plans effective from the first of the month after your start date.
Generous contributions to a 401(k) retirement plan.
Career development opportunities, including tuition reimbursement and various training resources.
Valued time off benefits encompassing vacation, sick leave, and volunteer days.
Specialized health programs including fertility support and resources for chronic conditions such as cancer, diabetes, and musculoskeletal issues.
Support for career mobility through a dedicated recruitment team.
Networking and community engagement through Colleague Resource Groups.
ABOUT US City National Bank has always gone the extra mile to empower our clients, colleagues, and communities. Founded in 1954 by entrepreneurs, our legacy of integrity, community involvement, and strong client relationships continues to thrive. City National Bank is a subsidiary of the Royal Bank of Canada, a leading financial services organization in North America. For more information about our company culture, please visit our website. INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT City National Bank is dedicated to fostering a diverse and inclusive workplace where all individuals are valued. We are an equal opportunity employer and all qualified candidates will receive fair consideration for employment regardless of race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or any other legally protected category. *The qualifications listed reflect the basic requirements necessary for consideration. Applications are accepted continually until the position is filled. As a reminder, unless specified as fully remote, reporting to a designated City National location is an essential requirement of the job.