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Processor

JLL
United States, Texas, Austin
1703 West 5th Street (Show on map)
Nov 01, 2024
Job Description
A Processor is an Administrative Professional who will directly support the Analyst and Underwriter. The Processor is responsible for compiling a loan document package which consists of a checklist of due diligence as well as the required forms. The Processor is responsible for managing/gathering the required due diligence from the client/client contact and input the various types of information including documents, forms and letters into the management system.The Processor will possess a thorough knowledge of the firm-wide recordkeeping procedures. The Processor must demonstrate ability for attention to details, organization and an analytical orientation, and possess the initiative to work in an independent and reliable manner.

Essential Functions:
Offer direction to the team for guide compliance, assist with underwriting/closing timeline, and make borrower introductions
Prepare and distribute a due diligence checklist with customized forms
Work with clients, underwriter and vendors to ensure that all parties have a clear understanding of their responsibilities
Establish strong working relationships with clients and create high customer satisfaction
Engage and monitor progress of reports completed by third party consultants as well as coordinating site inspections
Regularly communicate loan status updates to underwriting team and originators as appropriate
Work closely with closing team to complete any outstanding due diligence that may be required to close the loan
Review all documentation received from client/borrower from completeness and accuracy, report any issue of concern to team Underwriter
Prepare and submit application materials to Freddie Mac
Ensure complete and accurate due diligence gathering from client/client contact and file the data. In addition, the Processor will be relied upon to ensure clean and accurate document deliveries to the specific Agency (i.e. Fannie Mae, Freddie Mac, FHA, and GNMA)
Look for opportunities to enhance understanding of transactions or processes, take on additional responsibilities of an Analyst position, and discuss areas where the individual can contribute additional value to the team. Additional duties will be assigned as the individual advances their knowledge level

Qualifications Required:
Knowledge of Microsoft office (Word, Excel, Outlook, Access)
Willingness and ability to learn new technology
Ability to work independently, unsupervised, and as a team player
Excellent interpersonal, communication, problem-solving and organization skills.
Strong time management skill and ability to operate under demanding deadlines
Excellent attention to detail with the ability to audit own work

Education:
Associate's degree (A. A.) or 2 years of related experience preferred.

Preferred:
Familiarity with Agency multifamily loan procedures such as Fannie Mae DUS and Freddie Mac loan process and/or prior classes relating to real estate or finance.

Expectation For All Employees:
All employees are expected to support the organization's mission, vision, and values by exhibiting the following behaviors: excellence and competence, collaboration, innovation, respect, personalization, commitment to our community, accountability, teamwork and ownership.
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