Equity Processor I

Navy Federal Credit Union

4.8

(227)

Winchester, VA

Why you should apply for a job to Navy Federal Credit Union:

  • Ranked as one of the Best Companies for Women in 2023
  • 4.8/5 in overall job satisfaction
  • 4.8/5 in supportive management
  • 96% say women are treated fairly and equally to men
  • 96% would recommend this company to other women
  • 95% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • Professional development and training opportunities to help employees grow in their careers and the life they want to lead
  • Best-in-class benefits with generous vacation, paid maternity/paternity leave, retirement plans, tuition reimbursement, discounts and more
  • Unique culture where team members are passionate about the mission which creates clarity, alignment and purpose
  • #23119-OTHLOC-100005807416568

    Position summary

    s with a narrow scope under immediate supervision.

    Responsibilities

    • Act in the capacity of a Loan Officer on applications status and communicate with member regarding outstanding documentation issues

    • Analyze, research and resolve problems and discrepancies related to member accounts/loans

    • Analyze/evaluate status of title, determine exceptions for acceptability and take corrective action or obtain additional documentation if required

    • Communicate outstanding documentation requirements and set appropriate deadlines for submission

    • Coordinate schedule of settlement with member and settlement agent/notary public

    • Counsel current and prospective members about Navy Federal's products and services

    • Examine preliminary title work, status reports , hazard and flood insurance policies to determine if property condition/insurance is within acceptable levels

    • Identify circumstances in which additional documentation may be required

    • Prepare loan disclosures required by Federal/state laws (e.g. Good Faith Estimate, Truth-In-Lending)

    • Process equity applications according to established laws, requirements and guidelines

    • Relay loan status to member and other member approved parties (e.g. real estate agent, settlement agent)

    • Review approved equity loans for completeness, accuracy and additional information required to close loan

    • Verify "intent to proceed" by member prior to collecting required fees, requesting appraisal and ordering title work

    • Enter applications into online application system

    • Prepare/submit final applications and member appeals for decision

    • Resolve escalated member issues and problems

    • Respond to inquiries and resolve any issues concerning the processing of applications

    • Submit applications for decision according to applicable terms and conditions

    • Perform other duties as assigned

    Qualifications

    • Incumbent will be required, prior to the assumption of employment duties, to register with the Nationwide Mortgage Licensing System and Registry; includes fingerprinting and background checks

    • Exposure to managing multiple priorities independently and/or in a team environment to achieve goals

    • Experience in work which displays increasing levels of responsibility and/or authority

    • Experience in working in a high volume, fast paced environment

    • Demonstrated successful completion of the essential job responsibilities or related experience

    • Working knowledge of Real Estate Lending systems, policies, procedures, practices and/or actions or equivalent experience

    • Working knowledge of mortgage/equity loan processing, closing and documentation requirements and regulations

    • Familiarity with Navy Federal mortgage and equity applications, products and services

    • Effective skill analyzing and organizing problems or work processes for technical solutions

    • Effective skill applying innovative approaches to solve technical design issues

    • Basic organizational, planning and time management skills

    • Basic skill exercising initiative and using good judgment to make sound decisions

    • Basic skill following, interpreting and applying relevant data/instructions to guidelines, procedures, practices and regulations

    • Basic skill maintaining accuracy with attention to detail and meeting deadlines

    • Basic skill performing mathematical calculations and working accurately with numbers

    • Basic verbal and written communication skills

    • Basic word processing and spreadsheet software skills

    Hours: Monday - Friday, 8:00AM - 4:30PM

    Location: 820 Follin Lane, Vienna, VA 22180 | 141 Security Drive, Winchester, VA 22602 | 5510 Heritage Oaks Drive, Pensacola, FL 32526

    About Us
    Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks.

    Our approach to careers is simple yet powerful: Make our mission your passion.

    • Best Companies for Latinos to Work for 2024

    • Computerworld® Best Places to Work in IT

    • Forbes® 2024 America's Best Large Employers

    • Forbes® 2024 America's Best Employers for New Grads

    • Forbes® 2024 America's Best Employers for Tech Workers

    • Fortune Best Workplaces for Millennials™ 2024

    • Fortune Best Workplaces for Women ™ 2024

    • Fortune 100 Best Companies to Work For® 2024

    • Military Times 2024 Best for Vets Employers

    • Newsweek Most Loved Workplaces

    • 2024 PEOPLE® Companies That Care

    • Ripplematch Recruiting Choice Award

    • Yello and WayUp Top 100 Internship Programs

    From Fortune . ©2024 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.

    Equal Employment Opportunity: Navy Federal values, celebrates, and enacts diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected Veteran.

    Hybrid Workplace: Navy Federal Credit Union is a hybrid workplace, and details will be discussed during your interview process.

    Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team's discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position

    Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.

    Why you should apply for a job to Navy Federal Credit Union:

  • Ranked as one of the Best Companies for Women in 2023
  • 4.8/5 in overall job satisfaction
  • 4.8/5 in supportive management
  • 96% say women are treated fairly and equally to men
  • 96% would recommend this company to other women
  • 95% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • Professional development and training opportunities to help employees grow in their careers and the life they want to lead
  • Best-in-class benefits with generous vacation, paid maternity/paternity leave, retirement plans, tuition reimbursement, discounts and more
  • Unique culture where team members are passionate about the mission which creates clarity, alignment and purpose