Assistant Loan Closer

Founded in 1923, the Bear Stearns Companies Inc. is the parent company of Bear, Stearns & Co. Inc., a leading investment banking and securities trading and brokerage firm. With approximately $40.0 billion in total capital, Bear Stearns serves governments, corporations, institutions and individuals worldwide. The company's business includes corporate finance, mergers and acquisitions, institutional equities and fixed income sales, trading and research, private client services, derivatives, foreign exchange and futures sales and trading, asset management and custody services. Headquartered in New York City, the company has approximately 11,200 employees.

 

Position Summary

This is a junior member of the Closing Department of a mortgage wholesale business.  The Closing Department is responsible for the preparation and review of closing documents, interaction with closing agents to obtain necessary documentation to ensure each loan is compliant with loan approval and adheres to state and federal regulations, the calculation and wiring of funds to the closing agent and the delivery of the closing package to the servicing department.

 

Essential Job FunctionsFollow up with closing agents for receipt of closed loan packages by either report or tickler systemBecome familiar with closing documents to be able to stack closing package r upon receipt from closing agent.Assist closer in obtaining missing conditions and/or corrected documents after closing and prior to shipping deadlinesAssist closer in reviewing HUD?s for approval and pre-audit key documents i.e. note, mortgage, addendums/affidavits for missing or incorrect signatures, notaries or witness linesDeliver collateral packages to custodians within 24 hours of fundingCopy packages and deliver to Post Closing department within specified timeframesAssist closer as neededMaintain system to track loans and follow up items in a timely fashion

? Prioritize and monitor workflow to meet deadlines

? Provide feedback to management on suggested policy changes and/or enhancements

? Maintain company service levels to provide appropriate turn times

 

Requirements/Skills

? High School DiplomaTitle company, real estate or mortgage experience a plus

? Strong written and oral communication skills

? Must be detail oriented with high level math aptitude

? Excellent customer service skills

? Proficient knowledge of Excel and Word

? Ability to relate and work well with othersBasic computer skillsDemonstrates professional behavior and teamwork, is punctual, dependable and results oriented

? Demonstrated organizational skills with the ability to prioritize and complete multiple tasks on schedule, often in a stressful environment.

 

Bear Stearns is an equal opportunity employer. Bear Stearns considers all applicants for employment without regard to race, color, religion, gender, national origin, age, disability, marital status, sexual orientation, veteran status, or any other legally protected category under federal, state or local law.

 

 

Resumes can also be sent to bsrmhumanresources@bear.com   Please have the subject line read CA Closing Assistant.