Post Closer

Overview

FORUM Credit Union seeks a conscientious and reliable Post Closer to facilitate the post-closing tasks related to mortgage, home equity, construction, and loan modification files. This position ensures comprehensive tracking, documentation, and compliance adherence for closed loans across various loan products.

Key Duties

• Monitor the closed loan pipeline from closing until final file completion, including entering loans into the mortgage servicing system and accurately maintaining loan records.
• Configure tax and insurance escrow agreements, allocate funds received at closings, and register mortgages with entities such as MERS, tax professionals, and mortgage insurers.
• Maintain and update government reporting data, inclusive of HMDA details for closed, denied, or withdrawn loans.
• Coordinate home equity check orders and manage post-closing activities for home equity loans.
• Define trust roles and entities for construction-related loans, including those for builders and subcontractors, and handle setup of construction draw disbursements.
• Support file room management through organizing, scanning, storing documents, and preparing loan files for assessments.
• Duplicate and preserve vital loan documentation, including promissory notes, mortgages, insurance certificates, PMI documents, power of attorney records, and affidavits.
• Submit loans to investors for audit purposes and conduct monthly post-closing audits to verify accuracy and compliance.

Who This Role Suits

• Individuals who take responsibility for their outcomes and consistently deliver precise and dependable work.
• Professionals with a keen eye for detail who enjoy verifying completeness, accuracy, and adherence to regulations.
• Service-minded persons who take pleasure in supporting internal teams and external partners effectively.
• Team players who foster strong, professional relationships through communication and collaboration.
• Those committed to quality, meeting deadlines, and improving workflows continuously.

Qualifications

• High School Diploma, GED, or an equivalent qualification.
• One to three years of relevant experience, ideally in mortgage servicing, post-closing operations, or financial services.
• Demonstrated ability to organize multiple priorities and meet deadlines efficiently.
• Competence in maintaining regulatory and investor compliance while executing tasks accurately.

Employee Benefits

• Competitive compensation package.
• Student loan repayment assistance.
• Tuition support programs.
• Wellness initiatives.
• Community engagement opportunities with paid volunteer time.
• Professional development with access to award-winning training.
• 401(k) retirement plan with employer matching contributions.
• Comprehensive benefits coverage.
• Ample paid time off.

Additional Information

Successful candidates will undergo a criminal background check prior to employment. FORUM Credit Union is an equal opportunity employer and embraces diversity, ensuring all qualified applicants are evaluated without bias regarding race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.