Description

GENERAL DESCRIPTION:

The Mortgage Loan Closer performs closing functions that include preparing closing instructions and closing disclosures.

ESSENTIAL FUNCTIONS OF JOB:

1. Reviews and prepares closing instructions for department loans.

2. Reviews and prepares all closing disclosures.

3. Prepares and send full closing package to title/borrower.

4. Maintains all files in Encompass and ensures accuracy for reporting to management.

5. All other tasks as assigned by supervisor.

Requirements

REQUIRED SKILLS:

1. COMMUNICATION SKILLS: Ability to communicate effectively with      realtors, builders, title company personnel, agents, and Bank personnel;      ability to read, analyze, and understand general business- and      company-related documents, including mortgage and closing documents;      ability to write routine reports and correspondence; ability to speak      effectively before groups of customers and/or employees.
2. MATHEMATICAL SKILLS: Ability to calculate figures and amounts      such as discounts, interest, commissions, proportions, percentages, area,      circumference, and volume; ability to apply concepts such as fractions,      ratios, and proportions to practical situations.
3. SOFTWARE SKILLS/EQUIPMENT REQUIRED: Proficiency in computer programs, including      accounting, spreadsheet, and word processing applications; ability to      operate standard office equipment and other specialized or advanced      systems as required.
4. CRITICAL THINKING SKILLS: Ability to solve practical problems and      deal with a variety of known variables in situations where limited      standardization exists; ability to utilize common sense understanding to      carry out written, oral, or diagrammed instructions.
5. ACCURACY: Probable errors of internal and external scope would have a      moderate effect on operational efficiency. Errors may go undetected for a      period of time and could result in further errors, losses, or reputational      impact.
6. SUPERVISION RECEIVED: Under immediate supervision, with the      ability to independently perform routine work and refer questionable cases      to a supervisor.
7. PLANNING: Considerable responsibility for planning time, method, and      sequence of work.
8. DECISION-MAKING: Performs work operations which permit      frequent opportunity for minor decision-making affecting departmental      operations and customer outcomes.
9. MENTAL DEMAND: Requires close and continuous attention,      with intermittent independent judgment in selecting appropriate processes,      materials, and methods.
10. ANALYTICAL ABILITY / PROBLEM-SOLVING: Moderately structured work requiring      application of learned procedures in somewhat varied situations.
11. PUBLIC CONTACT: Routine contact with customers on routine      matters.
12. EMPLOYEE CONTACT: Frequent interaction within the department      and across other departments; requires tact and professionalism and the      ability to work effectively with other personnel.
13. TECHNICAL KNOWLEDGE: Thorough understanding of Bank and investor      regulations related to loan funding; extensive knowledge of mortgage      lending requirements, including legal considerations and funding      restrictions; ability to read and interpret mortgage and closing      documents; ability to maintain accurate records and prepare related      reports; ability to work under pressure with strong time management and      attention to detail.

PHYSICAL REQUIREMENTS and WORKING CONDITIONS:

While performing the essential functions of this job, this position is regularly required to sit or stand, and talk; may occasionally lift, move, push or pull up to 10 pounds. Specific vision abilities required by this job include close vision. This is an indoor position and the noise level in the work area is usually moderate.

REQUIRED EXPERIENCE / EDUCATION:

High school diploma or GED equivalent, plus knowledge of a specialized field (however acquired), such as basic accounting, computer, etc. Thorough understanding of Bank and Investors’ regulations.

REPORTING RELATIONSHIP:

This position reports directly to the Mortgage Loan Head Closer. The Mortgage Loan Head Closer reports to the Mortgage Operations Manger who reports to the Executive Vice President, Mortgage Operations. The Executive Vice President, Mortgage Operations reports to the President of American National Bank & Trust who reports to the CEO of American National Bank & Trust.

DISCLAIMER:

This job description is representative only and not an exclusive or exhaustive list of all job functions that an employee in this position may be asked to perform from time to time. Duties and responsibilities may be changed, expanded, reduced or delegated by Management to meet the business needs of the organization.

This document in no way constitutes an offer of employment or a contract of employment. ANB&T reserves the right to modify job descriptions, policies or any other procedural document at any time, for any reason, with or without prior notice.