Closing Analyst

The Closing Analyst is responsible with ensuring the accuracy and compliance of pre-close files. This role involves conducting quality review checks on various aspects, including TRID (TILA-RESPA Integrated Disclosures), payoffs, administrative accuracy, timeline adherence, and necessary affidavits. The Closing Analyst ensures that all closing documentation is complete and in accordance with regulatory requirements.

Responsibilities

• Review all loan documents to ensure compliance with TRID regulations, including accurate disclosure of loan terms and fees.
• Verify that borrowers receive the necessary disclosures in a timely manner.
• Examine payoffs from previous lenders to confirm the accuracy of the loan payoff amounts.
• Ensure that all prior liens and debts are properly settled during the closing process.
• Conduct a comprehensive review of all administrative documentation related to the closing, including forms and contracts.
• Verify the correctness of all data and information provided in these documents.
• Monitor the closing timeline to ensure that all tasks are completed within the specified timeframes.
• Communicate with relevant parties to expedite the closing process as needed.
• Identify and request any necessary affidavits or legal documents required for the closing.
• Ensure that all required affidavits are accurate and complete.

Qualifications

• Excellent computer literacy skills with strong proficiency in Excel and G Suite.
• Strong understanding of mortgage lending, real estate transaction, and related regulations.
• Ability to analyze financial documents, payoffs, and administrative accuracy to perform quality review checks effectively.
• Clear and coherent communication skills to interact effectively with borrowers, lenders, and other parties involved in the closing process.
• Strong analytical skills to accurately review and interpret financial documents.
• Keen eye for detail to review and ensure the accuracy of various documents, calculations, and documents.
• Ability to manage multiple tasks and prioritize effectively.
• Exceptional attention to detail and accuracy in documentation
• Ability to collaborate effectively within a team environment and work independently as required.
• Demonstrated ability to handle confidential information with discretion and professionalism.
• Problem-solving skills and a proactive approach to identifying and resolving discrepancies.
• Strong time-management skills and the ability to meet deadlines in a fast-paced environment.

Screening Criteria

• High School graduate or College level
• At least one (1) year of experience in data entry role and experience in voice customer service
• At least two (2) years of experience in customer service with background in handling phone calls and emails.