Harvard University
Position Title: Mortgage Closer I
Req ID: 68156BR
School or Unit: Harvard Federal Credit Union
Description: Job Summary
Harvard Federal Credit Union (Harvard FCU) has a dynamic small-business atmosphere where every member of the team has a significant impact on our success. Our headquarters and flagship branch are located in the heart of Harvard Square, surrounded by shops, restaurants, and the vibrant University community. We are looking for talented, member-centric individuals to join our growing team. If you have energy, enthusiasm, and thrive in a fast-paced environment, please read on.
Under the direction of the Mortgage Servicing Manager, the Mortgage Closer monitors scheduled loan closings, the preparation of documentation for closing, and the funding of the loan.
Position Description
The Mortgage Closer works in a team environment to perform full-cycle mortgage closing tasks for all mortgage products. This includes, but is not limited to:
- Monitoring;
- closing calendar and following up with all parties to ensure closing date is met.
- receipt of executed closing package.
- Preparing
- and delivering closing disclosures to members, and monitoring for receipt within the required regulatory timelines.
- and delivering closing packages to members, closing attorneys, and agents.
- funding notices.
- Reviewing insurance binders for compliance with credit union requirements.
- Performing pre-funding credit reviews, and verifications of employment.
- Recording mortgages for all home equity closings.
- Scanning loan documents, and adhering to the Credit Union's record retention policies.
- Responding to auditors' requests.
May be asked to assist mortgage servicing department, and/or other mortgage lending teams.
Basic QualificationsBasic Qualifications are the minimum threshold a candidate must meet in order to be considered for this role.- College degree, or three+ years' experience in mortgage banking operations.
Additional Qualifications and SkillsThe following qualifications are strongly preferred. If you meet some, but not all, you are still encouraged to apply; we value employees with a willingness to learn.- Proficient in the use of Excel, Word and Outlook.
- Able to work in;
- a fast-paced environment and handle multiple functions within strict deadlines.
- the diverse environment of Harvard University.
- Must be;
- a team player.
- detail oriented.
Working Conditions- Work is performed in an office setting.
- Interviews for this position may be conducted via telephone & Zoom video conferencing, based on the department's current presence on campus.
Additional InformationPlease provide a cover letter with your application.Please note:- Harvard University requires a pre-employment reference and background screening, which includes OFAC (Office of Foreign Assets Control).
- Harvard University is unable to provide work authorization and/or visa sponsorship.
- This position has a 90-day orientation and review period.
About UsHarvard FCU is one of the fastest growing credit unions in the country and a leader in our industry. As a not-for-profit cooperative, we put our members' best interests first in all that we do. We are passionate about service and fanatical about solving problems. Integrity and transparency are the foundation of Harvard FCU's philosophy. Our mission is to enhance our members' lives by developing and offering trustworthy products that are easy to understand, easy to use and best suited to meet their financial needs.
Harvard FCU: https://harvardfcu.org/BenefitsWe invite you to visit Harvard's Total Rewards website (https://hr.harvard.edu/benefits-wellbeing) to learn more about our outstanding benefits package, which may include:
- Paid Time Off: 3-4 weeks of accrued vacation time per year (3 weeks for support staff and 4 weeks for administrative/professional staff), 12 accrued sick days per year, 12.5 holidays plus a Winter Recess in December/January, 3 personal days per year (prorated based on date of hire), and up to 12 weeks of paid leave for new parents who are primary care givers.
- Health and Welfare: Comprehensive medical, dental, and vision benefits, disability and life insurance programs, along with voluntary benefits. Most coverage begins as of your start date.
- Work/Life and Wellness: Child and elder/adult care resources including on campus childcare centers, Employee Assistance Program, and wellness programs related to stress management, nutrition, meditation, and more.
- Retirement: University-funded retirement plan with contributions from 5% to 15% of eligible compensation, based on age and earnings with full vesting after 3 years of service.
- Tuition Assistance Program: Competitive program including $40 per class at the Harvard Extension School and reduced tuition through other participating Harvard graduate schools.
- Tuition Reimbursement: Program that provides 75% to 90% reimbursement up to $5,250 per calendar year for eligible courses taken at other accredited institutions.
- Professional Development: Programs and classes at little or no cost, including through the Harvard Center for Workplace Development and LinkedIn Learning.
- Commuting and Transportation: Various commuter options handled through the Parking Office, including discounted parking, half-priced public transportation passes and pre-tax transit passes, biking benefits, and more.
- Harvard Facilities Access, Discounts and Perks: Access to Harvard athletic and fitness facilities, libraries, campus events, credit union, and more, as well as discounts to various types of services (legal, financial, etc.) and cultural and leisure activities throughout metro-Boston.
LinkedIn Recruiter Tag (for internal use only)#LI-BT1
Department Office Location: USA - MA - Cambridge
Job Code: 400103 Accounting Assistant V
Job Function: Finance
Work Format: Hybrid (partially on-site, partially remote)
Sub Unit: ------------
Salary Grade: 053
Department: Harvard FCU Mortgage Servicing
Union: 55 - Hvd Union Cler & Tech Workers
Time Status: Full-time
Pre-Employment Screening: Credit, Criminal, Education, Identity, Prohibited Parties
Schedule: Required to be onsite 1 day per week, either a Tuesday or a Thursday, as assigned by management.
Commitment to Equity Diversity Inclusion and Belonging: Harvard University views equity, inclusion, and belonging as the pathway to achieving inclusive excellence and fostering a campus culture where everyone can thrive. We strive to create a community that draws upon the widest possible pool of talent to unify this excellence while fully embracing individuals from varied backgrounds, cultures, races, identities, life experiences, perspectives, beliefs, and values.
EOE Statement: We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, gender identity, sexual orientation, pregnancy and pregnancy-related conditions, or any other characteristic protected by law.
Equal employment opportunity, including veterans and individuals with disabilities.
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