Assistant Operations Manager - Correspondent Channel

Company: NASA Federal Credit Union
Location: Bowie
Posted on: June 13, 2022

Job Description:

Overview:Employees are required to be fully vaccinated unless legally entitled to an accommodation for a disability (including medical conditions) or a sincerely held religious belief, practice, or observance.Responsibilities:NASA Federal Credit Union is in search of an Assistant Operations Manager to assist with managing the daily operations and staff of the Correspondent Lending Channel of the Residential Lending Division. The Assistant Operations Manager will support the Correspondent Channel Operations Manager to ensure the timely and accurate completion of team responsibilities. This position provides exceptional service to our Correspondent Channel lending partners. It manages the Channel pipeline - prompting review and conditioning of loan files. The Assistant Operations Manager provides Funding approvals and acts as backup to the Operations Manager for issuing and updating Channel rates and products offered.
Essential Duties and Responsibilities include the following with other duties that may be assigned.

• Remains cognizant of and adheres to Credit Union policies and procedures, and regulations pertaining to the Bank Secrecy Act
• Maintains thorough knowledge of underwriting guidelines, fundamental processes, policies, and procedures
• Maintains knowledge of current regulatory and compliance requirements, including quality control standards
• Works closely with the Correspondent Channel Mortgage Operations Manager to document all channel procedures, policies, and internal guidelines
• Maintains open channels of communication with TPOs and other important program partners
• Assists with QC and other audits to provide documents, reports, policies & procedures, as requested
• Assist in the overall daily operations of the Correspondent Channel of first mortgage origination
• Coordinate training and supervises applicable staff
• Backs up and supports the Operations Manager in maintaining rate sheet formatting, lock desk performance and notifications, including margin adjustments as directedQualifications:Education and/or Experience
  • Minimum of eight years of overall mortgage lending experience
  • Minimum of three years of mortgage operations supervisory experience
  • Experience in Correspondent lending required
    Additional Skills and Abilities
    • Must be fully acquainted with the functions of a mortgage loan origination system
    • Ability to use Word and advanced level of Excel knowledge preferred
    • Excellent oral and written communication skills and the ability to effectively interact with team members and lender relationships
    • Attention to detail with ability to manage time and priorities
    • Analytical and problem-solving ability
    • Ability to positively interact with third-party industry providers including MI companies
      Our generous benefit package includes:
      • $80,000 - $120,000/ Annually
      • 401(k) match to 6% of earnings - immediate enrollment and 100% vesting
      • Choice of two health plans
      • Dental
      • Vision
      • Life Insurance - no cost
      • Long-term Disability Insurance - no cost
      • Employee Assistance Program - no cost
      • Paid vacation
      • Paid sick time
      • 11 Paid holidays
      • Profit Sharing eligible
      • Pet Insurance
      • Identity Theft Protection

Keywords: NASA Federal Credit Union, Bowie , Assistant Operations Manager - Correspondent Channel, Executive , Bowie, Maryland