Job posting has expired
Manager of Mortgage Disclosures
First National Bank | |
United States, Pennsylvania, Pittsburgh | |
April 21, 2023 | |
Primary Office Location:30 Isabella Street. Pittsburgh, Pennsylvania. 15212.
Join our team. Make a difference - for us and for your future.
Position Title: Manager of Mortgage Disclosures Business Unit: Mortgage Administration Reports to: Manager of Compliance and Quality Control Position Overview: This position is primarily responsible for overseeing all aspects of the Bank's residential mortgage Disclosures. Guides Disclosure team through staying abreast of new, varied expenses and working with systems to continuously reset templates. Must completely understand TRID regulations set by CFPB and update customer facing forms accordingly. Must research state requirements to ensure compliance. Must issuing initial disclosure and redisclosure packages with compliance of government regulations and investor guidelines. Manage team's queue and educate team on product specific requirements. Primary Responsibilities: Produce and review disclosure packages on all mortgage products meeting individual product and regulatory guidelines. All Loan Estimate (LE) disclosures and re-disclosures must meet regulatory timing requirements. Reviews regulatory, investor, compliance disclosure issues. Stay current on frequently changing regulatory and investor requirements. Test and correct cures created by team to eliminate process flaws or outdated fees. Research and correct calculations. Understand and produce Title cost estimates and transfer tax calculations on varied products and structures. Sample and feedback results of final loans. Ensures the Disclosure Procedure and Job Aids are up to date and meet all internal and external requirements with regulatory changes (CFPB, HUD, USDA, and VA). Work with Manager of Compliance and Quality Control and FNB Legal to ensure most efficient meeting of regulatory changes, new forms, and production of varied volume changes. Must continually review the whole mortgage origination process to ensure Disclosures is aware of all Changed Circumstances that require correction and redisclosure of Loan Estimate within 3 days. Engage Lock Desk to ensure efficiency and create communication channel that creates workflows and resolves daily issues. Understands and reviews regulatory tolerance limits for TRID Disclosures. Understands, reviews, and evaluates Qualified Mortgage adherence. Makes sure we produce most compliant initial and redisclosed document package possible. Understand Mortgage loan structure and relationship with HOEPA, APR, ATR, and HPML. Provide guidance to resolve violations of internal and regulatory requirements Work closely to engage and resolve Mortgage Banking Consultant issues. Performs other related duties and projects as assigned. All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation's risk management program. F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions. Minimum Level of Education Required to Perform the Primary Responsibilities of this Position: BA or BS Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position: 5 Skills Required to Perform the Primary Responsibilities of this Position: Excellent organizational, analytical and interpersonal skills Excellent communication skills, both written and verbal Detail-oriented Excellent management skills Ability to use a personal computer and job-related software Ability to work and multi-task in a fast paced environment MS Excel - Expert Level Excellent customer service skills Licensures/Certifications Required to Perform the Primary Responsibilities of this Position: N/A Physical Requirements or Work Conditions Beyond Traditional Office Work: N/A |