Mortgage Credit Analyst

IBC Bank successes are the result of an aggressive and innovative attitude. The Bank's "We Do More" philosophy reflects its dedication to the growth and success of its employees, customers and communities.   IBC bank hires talented, creative and dedicated individuals to help our business succeed.  We are a company that values leadership, community engagement and relationship building that leads to a culture of excellence.   We are currently seeking to fill positions across all business segments. IBC's focus is to be customer centric and strive to provide excellent customer experience. 

Time Type:

Full time

This is an in-office position.

Department:

1010 Mortgage Credit Operations

Job Summary:

The Mortgage Credit Analyst is primarily responsible for performing Loan Reviews, Loan Pricing Reviews and other routine audits to ensure the accuracy and completeness of loan application and to support the bank in ensuring pricing compliance with all State and Federal regulations.

Job Description:

ESSENTIAL JOB FUNCTIONS

The statements on this job description are intended to describe the general nature of level of work being performed by incumbents.  They are not an exhaustive list of all responsibilities, duties, and skills required by all incumbents.

• Reviews lock request for compliance with pricing requirements and basic underwriting requirements

• Communicates and follows up on any corrections needed to lock requests and other pricing requests

• Ensure Portfolio and Consumer loans are locked on the correct rate sheet

• Uploads pricing exceptions to the loan file with the correct pricing exception authority

• Processes requests for restructures to Portfolio and Consumer loans to ensure correct rate sheet, correct.

• Performs monthly self-audits on Portfolio and Consumer loans were locked correctly

• Completes mandatory compliance trainings by due date.

• Daily reports are constructed and sent out

• Prepares Excel reports.

• Works with team members from Underwriting, Processing, Closing, and Post-Closing Departments.

• Performs testing on loans for the company to ensure disclosures are correct

• Attends IT meetings to keep up to date with system changes

• Other duties as assigned.

SKILLS

• Excellent Verbal and Written Communication Skills

• Ability to Multitask

• Superior Time Management Skills

• Attention to Detail and Highly Organized

EDUCATION

• High School diploma or GED equivalent.

• 2 yrs. of College OR one year of Mortgage / Financial experience