Splst, Consumer Loan QC lead

If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer.  

Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

Summary:

• Submit and validate UCD reports with custodial file processing. Endure validation with funding. 

• Process loan purchase fundings for delivery of loans. 

• Accurately and timely reviews and audits on asset owned and investor-owned loans. 

• Ensure investor cash loan delivers are processed accurately and timely. 

• Ensure all mail electronic and paper is processed daily.  

• Communicate clearly with internal and external clients/colleagues  

• Problem solve as issues arise and review current practices for potential efficiency gains  

Key Responsibilities:

• Facilitate the Loan Sale and Commitment of Loans to Investors. 

• Deliver closed mortgage loans to the secondary market investor. 

• Serve as the first line responder for all investor suspense conditions. 

• Coordinate the prompt response for all investor suspense conditions. 

• Run/pull daily reports identifying any outstanding documents or conditions that affect the closed loan.  

• Transfer MERS data once the mortgage loan has been purchased by the investor. 

• Audits complete, signed closing packages, upon return from closing agents, and resolves pre- and post-closing defects on closing documents including notes, security instruments and Closing Disclosures.  

• Review CD for accuracy and TRID compliance. 

• Submit and validate UCD reports with custodial file processing.  

• Calculate and balance purchase advices on loan sales 

• Expertise in mortgage industry and considered an expert.  

• Lead team members on projects and tasks.  

• Communicate any issues, concerns and feedback directly to Manager.  

• Review reports for timelines and delivery dates. 

• Provide feedback for process efficiencies and budget savings. 

Skills/Experience Required:

• 2-4 years of loan experience.  
• Working experience with reading, understanding and interpreting servicing regulations 
• Good data entry and keyboarding skills, technical aptitude or basic programming preferred 
• Good organizational skills and time management.  
• Bachelor’s Degree   

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.