Southington, CT, USA
10 days ago
Senior Associate, Correspondent Loan Review

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!

Responsible for the audit of closed correspondent loans to ensure they were closed correctly, are complete and meet compliance (State and Federal), legal and WB guidelines.

Complete minimum number of loans reviewed as determined by volume

Review documents for completeness and accuracy

Create conditions in LOS for missing or incorrect items; receive and review documentation to clear conditions or provide further communication.

Interpret a variety of instructions, guidelines, regulations in written and oral form

Manage individual pipeline to ensure loans cured within SLA

Create accurate wire requests

Work with internal partners to clear files for purchase

Work with Servicing relative to on-boarding issues

Key skills/experience qualifications for the role:

High school diploma or equivalent

At least three (3) years of experience in closing or Post-Closing with an understanding of the lending process and procedures preferred

Knowledge and experience in compliance to include TRID, RESPA as well as all applicable state and federal regulations

PowerLender experience preferred

Working knowledge of residential loan processing, underwriting and closing documents

Ability to pay attention to detail while handling a high volume of work and multiple interruptions.

Proficient computer skills (i.e., Microsoft Word, Excel, Outlook and Teams

The estimated salary range for this position is $24.00 to $27.00 USD an hour. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.

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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.

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