المسمى الوظيفي

Role Overview

The role of Mortgage Loan Processor III involves managing the processing of home equity line of credit applications, as well as purchase and refinance loan transactions. The incumbent will assess loan applications to ensure timely approval and closing. Candidates must comply with the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (Safe Act) by being registered or eligible for registration in the Nationwide Mortgage Licensing System and Registry, maintaining good standing at all times.

Key Responsibilities

Analyze loan approvals to determine necessary documentation for closing.
Respond to internal customer inquiries within a two-hour timeframe.
Use pipeline reports to organize and prioritize tasks daily.
Review all loans at least once every three days.
Manage an individual workload pipeline of approximately 30 loans.
Stay updated on City National Bank (CNB) guidelines and loan products.
Achieve or exceed monthly funding targets set by management.
Complete other duties as assigned by supervisory personnel.

Required Qualifications

High school diploma or equivalent.
At least three years of recent mortgage industry experience.
Minimum of three years’ proficiency with basic computer applications such as Microsoft Word, Excel, and Outlook.
Compliance with the Safe Act including required registration/licensing and maintenance of good standing.

Preferred Skills and Attributes

Strong problem-solving capabilities with a timely approach to resolving issues.
Keen attention to detail and accuracy in work.
Ability to sustain high performance in potentially stressful situations.
In-depth knowledge of federal and state regulatory guidelines; experience with TRID compliance is necessary.
Excellent written and oral communication skills.
Strong organizational abilities capable of managing multiple priorities under deadlines.
Proficiency with personal computer use, loan origination systems, and Microsoft Office suite.

Compensation and Benefits

The starting base wage ranges between $25.93 and $41.43 per hour, subject to variation based on experience, skill set, and location. The position is eligible for bonuses and commissions.

Benefits include but are not limited to comprehensive medical, dental, and vision insurance starting on the first of the month following hire; a significant 401(k) matching program; tuition reimbursement and professional development resources; generous paid time off including vacation, sick leave, and volunteer time; specialized health programs such as fertility support and chronic illness management; career mobility assistance via dedicated recruitment services; and networking through colleague resource groups.

About City National Bank

Established in 1954 by entrepreneurs for entrepreneurs, City National Bank prioritizes integrity, community focus, and strong client relationships. It is a subsidiary of the Royal Bank of Canada. The company values diversity and inclusion and is an equal opportunity employer. Applicants are evaluated without discrimination based on any legally protected characteristic.

Additional Information and Terms

The position requires adherence to Massachusetts state laws prohibiting the use of lie detector tests for employment purposes. Unless explicitly noted as fully remote, periodic presence at a City National location is required. Applications are accepted continuously until the vacancy is filled.

Mortgage Loan Processor III