Who is Quorum

Quorum Federal Credit Union is a national employer of choice that attracts, develops, enables, and retains the right resources to drive the organization forward. We are a human-centered organization that delivers a positive work journey andis committed to enhancing the lives of our employees and helping them to grow personally and professionally. We offer a unique value proposition to employees including Total Rewards, Work Journey, Work Paradigm, and Q-DNA to improve work-life balance and help employees live happier, more productive lives while contributing to our mission.

Job Description Summary

Working remotely in the Pacific time zone, the Mortgage Loan Processor is responsible for processing all first and second mortgages, working closely with the Loan Officers, Underwriters, and Closers from application through post-closing of the mortgage loan. In addition, this role analyzes, reviews, and clears underwriting conditions, resolves routine title issues, prepares loan files for closing when necessary, and more. This is a part-time position working up to 27 hours per week in the Pacific time zone, providing coverage for the western United States. Business hours for the role vary based on business need. Availability required is Monday through Friday until 6:00 pm PST; typical start times will vary from 12:00 through 2:00 pm PST. In case of business emergency, work outside of standard business hours may be required. The position does not offer health benefits. Discretionary incentive compensation may be available based on individual performance.

Key Job Responsibilities and Accountabilities

• Processes and closes first and second mortgage applications in accordance with secondary market/Credit Union guidelines and ensures loan documentation complies with Federal, State, and local rules and regulations.
• Keeps abreast of industry developments including, but not limited to, changes in regulations and technology.
• Ensures adherence to company policies and procedures and Banking/Credit Union Regulations.
• Performs additional duties as required.
• Promotes and maintains a positive work atmosphere by communicating in a manner consistent with professional standards to work effectively with members, co-workers, management, partners, and vendors.
• Interacts with Loan Officers, Underwriters, Closers, Support, and Submission team members to facilitate a smooth transaction. Additionally, interacts with outside sources such as vendors, service providers, partners, and members to facilitate a smooth transaction.
• Maintains a high level of customer service by being proactive in communication with co-workers, members, vendors, attorneys, partners, title company representatives to ensure proficient processing of all loans and a positive experience.
• Manages satisfactory reviews and clearance of underwriting conditions which include, but are not limited to, income, asset documentation, collateral documentation, and resolving routine title issues ensuring loan files meet secondary market/Credit Union guidelines. Routine title issues include, but are not limited to, vesting issues, child support liens, judgement liens, mechanic liens, and undisclosed liens.
• Submits mortgage loans through Desktop Underwriter (when necessary) and reviews the automated underwriting conditions to ensure loans still meet original approval eligibility.
• Inputs and updates data into loan origination systems and assures adequate file integrity. Generates and/or ensures timely generation of all required documentation and processing disclosures.
• Orders various reports such as appraisals, flood certification, and title, reviewing for issues or disputes and working with various parties to clear outstanding items.

Job Requirements, Competencies, and Skills

• Bachelor's degree in finance, business administration, or other business-related degree preferred, will consider experience in lieu of degree.
• Minimum of three years related experience; related work experience in mortgage industry required.
• Detailed knowledge of secondary market guidelines and regulations.
• Knowledge of the mortgage process from origination to post closing.
• Excellent problem-solving, organizational, analytical, verbal, and written communication skills.
• Strong decision making and time management skills with the ability to manage multiple projects/duties.
• Trustworthy with the ability to maintain the highest level of integrity and trust.
• Proficiency in Microsoft Office, specifically Outlook, Teams, Word, Excel, PowerPoint, and SharePoint. Related experiences with loan origination systems preferred, but not required.

Environmental / Physical / Mental Requirements

• Stable internet connection with speeds high enough for video conferencing and screen sharing
• Smartphone with current iOS/Android OS
• Prolonged periods sitting at a workstation and working on a computer
• Ability to communicate with coworkers and customers via email, chat, teleconference, and/or phone
• In case of business emergency, work outside of standard business hours may be required

Compliance/legal requirements

• Quorum is an Equal Employment Opportunity and Affirmative Action Employer. Qualified applicants will be considered for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, marital status, protected veteran status, or disability status.
• Quorum will make reasonable accommodations in compliance with the Americans with Disabilities Act of 1990. Reasonable accommodations are available upon request for qualified individuals with disabilities throughout the application and employment process.

**PLEASE NOTE**

We are not able to consider candidates for this role who reside in Montana, Nebraska, Rhode Island, or Puerto Rico

Wage range is $24.03 to $31.25 per hour. Individual wage will vary based on skills and experience. Discretionary incentive compensation may be available based on individual performance.

Benefits: Paid Time Off (PTO)

#LI-Remote

Bachelors of Business Administration (preferred)
High School (required)

3 years: High school diploma or equivalent is required; Bachelor's degree in finance, business administration, or other business-related degree is preferred. A minimum of three (3) years related mortgage experience is required, including comprehensive knowledge of the mortgage process from origination to post closing, as well as detailed knowledge of secondary market guidelines and regulations. (required)