LOAN ORIGINATION OFFICER 2 (FUNDER)
University of California Office of the President | |
$70,000 - $81,000 | |
United States, California, Oakland | |
1111 Franklin Street (Show on map) | |
Sep 04, 2024 | |
Apply for Job Job ID
60534Location
OaklandFull/Part Time
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For UCOP internal applicants, please login to the internal candidate gateway at: Jobs at UCOP UC OFFICE OF THE PRESIDENT At the University of California (UC), your contributions make a difference. A world leader producing Nobel and Pulitzer prize recipients with over 150 years of groundbreaking research transforming the world. Choose a career where you can leverage your knowledge, skills and aspirations to inspire and support some of the greatest minds in the world, and those who will follow in their footsteps. Working at the University of California is being part of a unique institution, and a vibrant and diverse community. At the University of California, Office of the President, we propel our mission through impactful work locally, in government centers and systemwide. We are passionate people, serving the greater good. The University of California, one of the largest and most acclaimed institutions of higher learning in the world, is dedicated to excellence in teaching, research and public service. The University of California Office of the President is the headquarters to the 10 campuses, six academic medical centers and three national laboratories and enrolls premier students from California, the nation and the world. Learn more about the UC Office of the President Department Overview * 70% Loan Funding o Completes loan funding functions in accordance with program processes, guidelines, deadlines, lender's funding instructions, which include: 1. Sending loan documents to escrow via established secure method; Ordering and obtaining final evidence of insurance and other conditions as necessary. 2. Reviewing and managing loan funding pipeline and executed loan funding packages and working with escrow and other parties to obtain outstanding funding conditions in a timely manner; reviewing all conditions to ensure it meets loan requirements; coordinate and confirming requested funding dates with escrow; Submit files for funding approvals in a timely manner and within established deadlines. 3. Preparing and submitting files for funding approvals within established deadlines and in accordance with lender's funding instructions, processes and guidelines; verifying escrow's wire instructions, accurately calculating and preparing the loan funding wire for approval in the financial system; completing final data entry and document upload in the Loan Origination System and providing the loan file to Loan Servicing in a timely manner. * 15% Post Closing o Completing post-closing review of the loan file to ensure the loan file is complete and original signed loan documents have been received. Tracking outstanding post-closing conditions, including follow up repair items to ensure they are received in a timely manner and evaluates conditions received to confirm they satisfy the condition and are signed off accordingly. * 10% Loan Processing o Providing backup support in loan processing functions, including setting up initial loan file, entering key data fields in the Loan Origination System, and analyzing data to ensure that outputs are consistent with inputs. Reviews and evaluates loan application materials to ensure that the applicants and the subject property are in compliance with all Program eligibility and financial qualifying guidelines. Maintains regular contact with loan applicants, realtors, appraisers, escrow and title companies, and campus loan program contacts. Provides excellent customer service to all contacts associated with the loan process. * 5% Strategic Planning o Working with the Origination team members, contributes suggestions for changes to the loan origination processes, provides assistance to the processors/funder counterparts when needed, other duties as assigned. Experience * Min 2 years to 3 years experience in a mortgage lending environment, or an equivalent combination of education and experience. Skills and Abilities * Mortgage loan funding and/or processing. * Ability to perform basic math functions and financial analysis. * Demonstrated oral and written communication skills in all areas: telephone, e-mail and written correspondence. * Demonstrated proficiency with Microsoft Word and Microsoft Excel. * Interpersonal skills and initiative as demonstrated by the ability to respond positively and proactively to requests. * Demonstrated attention to detail and the ability to manage multiple tasks and hard deadlines. * Demonstrated ability to work both independently and cooperatively as part of a team. Preferred Qualifications * Developing familiarity with standard mortgage industry loan origination systems. * Developing knowledge of standard single-family lending, title insurance, hazard insurance, flood insurance and escrow practices in California. * Experience with Encompass Loan Origination System. Education * Associate's degree from a two-year college or technical school in business, real estate, or related field. Job Title SPECIAL CONDITIONS This position has been approved for a hybrid work arrangement. The person hired will be required to reside in the state of California and may be asked to report to work on-site at UC's Office of the President (UCOP) located in Oakland, CA at least two days per week, subject to change. SALARY AND BENEFITS Salary: $70,000 - $81,000, commensurate with experience. Benefits: For information on the comprehensive benefits package offered by the University visit: Benefits of Belonging ADDITIONAL INFORMATION Please be prepared to attach a cover letter and resume with your application. APPLICATION REVIEW DATE The first review date for this job is November 2, 2023. The position will be open until filled. CONDITIONS OF EMPLOYMENT Background Check Process: Successful completion of a background check is required for this critical position. Background check process at UCOP Smoke Free Work Environment: The University of California, Office of the President, is smoke & tobacco-free as of January 1, 2014. UC Smoke & Tobacco Free Policy As a condition of employment, you will be required to comply with the University of California Policy on Vaccination Programs, as may be amended or revised from time to time. Federal, state, or local public health directives may impose additional requirements. EEO STATEMENT The University of California, Office of the President, is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age or protected veteran status. EEO/AA Employer UC Nondiscrimination Policy The University of California, Office of the President, strives to make this job board accessible to any and all users. If you have comments regarding the accessibility of our website or need assistance completing the application process, please contact us at: Accessibility or email the Human Resource Department at: epost@ucop.edu. |