OneMain Financial Jobs

Closing/Funding Manager (FT) \$80,220.83 - \$120,331.24 Annuall Department: Retail Loan Job Status: Full Time FLSA Status: Exempt Grade: 12 Amount of Travel: Some Travel Reports To: AVP, Retail Lending Operations Production Manager Positions Supervised: Senior Closer/Funder, Closer/ Funders POSITION SUMMARY The Closing/Funding Manager is responsible for the leadership and management of timely and efficient closing and funding of all retail lending loans. Ensures quality standards, customer service expectations and compliance with TRID, state, federal and secondary market guidelines, as well as bank policies. An in-depth knowledge of the Closing Disclosure, including legal tolerance, change of circumstance and final fees and disbursement. Monitors team production to ensure performance metrics are met. Provides day-to-day supervision and guidance to the Closing/Funding employees. ESSENTIAL FUNCTIONS Provide training and development opportunities to the Closer/Funders for team growth. Responsible for closing of employee loans and loans of a more complex nature (i.e., Construction Loans, Mass Housing). Coordinate post-closing audit reviews of files before submission to the Servicing Department. Prepare and review all loan documents for accuracy, including but not limited to, title review, insurance (homeowners, flood & title), title commitment and legal documents, Closing Protection Letter and wire information. Prepare wires for closing with wire signing authority up to approved limit. Prepare modification and subordination documents. Review holdback agreements prior to closing. Resolve daily escalations related to individual loans and ensure timely communication with internal and external partners and customers. Coordinates loan closings with all parties in the transaction including the borrower, Loan officer, Attorney and Branch. Work with third party vendors to obtain verbal verifications of employment prior to closing. Preform review of closed loans and track missing documents and signatures prior to export and shipment to the Loan Servicing Department Preform a closed loan review of closing packages done by other closers. E-Record mortgage, equities and modifications through Simplifile system. Sends required documentation to Servicing to book loans in DNA system. Assigns loan files, as needed. Must complete BSA, AML, and other Regulatory and Continuing Education as assigned. Must adhere to all bank and regulatory policies and procedures specific to position. Performs additional duties as requested. POSITION QUALIFICATIONS Competencies Attention to Detail Leadership & Employee Development Organizational Relations Productivity & Time Management Quality Teamwork & Cooperation Education/Experience/Skills & Abilities Associates degree or relevant job-specific experience. Minimum of 5 years\' loan closing experience required. Knowledge of LOS Encompass system. Knowledge of Secondary Market Mortgage guidelines. Ability to work under pressure of multiple projects and deadlines with a high degree of attention to detail. Knowledge of TRID Regulations and requirements.