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Job Postings

We offer a competitive compensation and benefits package, along with the opportunity to work with an experienced, hard-working group of professionals focused on camaraderie, teamwork, work/life balance, prompt and friendly service, and dedication to the bank’s success. Our culture supports open communication, welcomes product and service ideas, and encourages strategic and other dialogue with senior management.

Residential Loan Administrator

Position Overview

             Responsible for the administration of residential mortgage loans from application.

Essential Job Function

Administrate residential mortgage loans from application through funding.  Duties include but are not limited to:

  •              File setup
  •              Application data verification
  •              Loan costs and fees verification
  •              Vendor verification
  •              Determining, requesting and gathering applicable applicant documentation
  •              Issuing initial and amended LE and disclosures
  •              Requesting and gathering applicable documentation for underwriting conditions
  •              Issuing initial and amended CD
  •              Issuing closing packages
  •              Responsible for working with customers via all channels of communication.
  •              Responsible for compliance with all applicable federal and state regulations and secondary market guidelines, policies and procedures.
  •              Attends/completes relevant courses and seminars, as assigned.

Requirements

             Minimum of five or more years' experience in residential loan administration.

             Extensive working knowledge of Encompass LOS

             Knowledge of Fannie Mae products and guidelines.

             Knowledge of other secondary market products and guidelines.

             Working knowledge of MS Office applications: Word, Excel, Outlook

Other Skills/Abilities

             Exceptional customer service skills, ability to multi-task and a cooperative team approach is essential.

             Proficiency in all relevant computer technology.

             Adherence to corporate dress code.

             Regular attendance and punctuality is essential to this position.

Other Duties

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. It is expected that from time to time other duties, both related and unrelated to the above, may be assigned and therefore, required.

Contact Information

Joyce Grasso
342 Main Street
Wakefield
MA
01880
email:  jgrasso@wcbbank.com

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If you’re interested in joining the Wakefield Co-op team, please email your resume and cover letter to Joyce Grasso at jgrasso@wcbbank.com. No phone calls please.

Wakefield Co-operative Bank is an Equal Opportunity Employer.