Finance Manager

5 - 7 years

0 Lacs

Posted:5 days ago| Platform: Linkedin logo

Apply

Work Mode

On-site

Job Type

Full Time

Job Description

Hi ,


Greetings from eClerx Services Ltd.


You are invited to register for a Zoom webinar!


When:

Topic:


Register in advance for this webinar:

https://eClerx.zoom.us/webinar/register/WN_HqkPJIUBTA280pUVsDR0XQ


After registering, you will receive a confirmation email containing information about joining the webinar.



Loan Processing Manager


Overview:

Key Responsibilities:

  • Team Leadership & Management:

  • Lead, mentor, and motivate a team of Loan Coordinators/Processors.
  • Conduct regular one-on-one meetings, performance reviews, and provide constructive feedback.
  • Oversee daily operations, workload distribution, and pipeline management for the processing team.
  • Foster a collaborative and high-performance team environment.
  • Process Optimization & Efficiency:

  • Monitor processing workflows and identify areas for efficiency improvements and automation.
  • Develop and implement best practices for document collection, verification, and file preparation.
  • Ensure timely follow-up on third-party documentation (appraisals, VOEs, title, insurance).
  • Manage the team's capacity to meet service level agreements (SLAs) for processing turnaround times.
  • Quality & Compliance Oversight:

  • Conduct regular quality control reviews of processed loan files to ensure accuracy and completeness prior to underwriting submission.
  • Ensure strict adherence to all Bank compliance policies and procedures, including those related to the SAFE Act and TRID.
  • Stay updated on industry regulations and changes, disseminating critical information to the team.
  • Address and resolve complex processing issues and escalations.
  • Training & Development:

  • Identify training needs for the team and develop or facilitate training programs.
  • Ensure all team members are proficient in using relevant mortgage tools and applications (e.g., LOS, POS).
  • Promote continuous learning and professional development within the team.
  • Cross-Functional Collaboration:

  • Act as a key liaison between the processing team, loan officers, underwriting, and closing departments to ensure seamless file flow and resolve inter-departmental issues.
  • Collaborate with sales and operations leadership to align on business goals and process improvements.

Qualifications:

  • Bachelor's degree in Business, Finance, or a related field (or equivalent work experience).
  • Minimum of 5-7 years of experience in mortgage loan processing, with at least 2-3 years in a leadership or supervisory role.
  • In-depth knowledge of residential mortgage loan products, documentation (1003), and the full loan processing lifecycle.
  • Strong understanding of federal and state mortgage regulations (e.g., SAFE Act, TRID, RESPA).
  • Proficiency with Loan Origination Systems (LOS) such as Encompass, and other mortgage-specific software.
  • Exceptional leadership, coaching, and team-building skills.
  • Excellent analytical, problem-solving, and decision-making abilities.
  • Strong verbal and written communication skills.

Mock Interview

Practice Video Interview with JobPe AI

Start Job-Specific Interview
cta

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

Job Application AI Bot

Job Application AI Bot

Apply to 20+ Portals in one click

Download Now

Download the Mobile App

Instantly access job listings, apply easily, and track applications.

coding practice

Enhance Your Skills

Practice coding challenges to boost your skills

Start Practicing Now
eClerx logo
eClerx

IT Services and IT Consulting

Mumbai Maharashtra

RecommendedJobs for You

Nagpur, Maharashtra, India

Palarivattom, Kochi, Kerala

Gurugram, Haryana, India