Loan Processor Associate
Loan Processor Associate
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$ 51000 - 83000
1 Vacancy
Job Description
Were seeking someone to join our team as an Associate in the Loan Processor role to provide support within Home Loans Services to coordinate and complete daily order services for a mortgage loan and ensure all applicable conditions related to title and insurance documents are in an acceptable status on a daily basis.
In the Operations division we partner with business units across the Firm to support financial transactions devise and implement effective controls and develop client relationships. This is a Professional position at the Associate level within Risk Regulatory & Resilience which performs various independent functions to ensure adequate controls are in place. We do this by providing an integrated risk and control framework to govern assess mitigate and manage financial and operational risk in Operations.
Morgan Stanley is an industry leader in financial services known for mobilizing capital to help governments corporations institutions and individuals around the world achieve their financial goals.
Interested in joining a team thats eager to create innovate and make an impact on the world
What youll do in the role:
Execute processes/functions and/or support process management and project efforts leveraging knowledge of the systems markets and instruments that influence the team
Recognize risk in day-to-day processes to draw out the key issues and contribute to process improvements
Build relationships within team and internal stakeholders sharing knowledge to contribute to team output
Participate in projects and initiatives aiding in solution formulation with a focus on timely execution
Complete the order services process which includes requesting reviewing and verifying loan processing documents such as title and insurance
Clear loan processing conditions within the loan operating system which include insurance collateral disclosure and title items
Review title and insurance documents and determine if they meet Morgan Stanley guidelines
Serve as primary point of contact for internal and external business partners for managing expectations needed documentation and timelines regarding lender side conditions e.g. title appraisal HOI
Monitor personal pipeline and work with Mortgage Specialist and other pertinent internal partners to ensure loan cycle times meet client expectations
Monitor loan progress until loan is in closing to ensure documents are not expired-Demonstrate ability and drive work independently to creatively and proactively problem solve and execute at a high level
What youll bring to the role:
Ability to establish clear goals and priorities and address non-standard issues within area of expertise with minimal guidance and supervision
Subject matter expertise in business area supported client requirements and ability to ensure control is not compromised to comply with client requests
Culture carrier across Operations embracing the Firms core values
5 years of residential mortgage loan processing experience required
Proven track record in quality loan production while maintaining a large client base
Outstanding written verbal and analytical skills
Ability to multi-task prioritize and plan; effective time management skills to meet loan closing deadlines
Must possess a superior customer service focus
Computer proficiency including Microsoft Office products suite
High school diploma or equivalent required
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first doing the right thing leading with exceptional ideas committing to diversity and inclusion and giving back - arent just beliefs they guide the decisions we make every day to do whats best for our clients communities and more than 80000 employees in 1200 offices across 42 countries. At Morgan Stanley youll find an opportunity to work alongside the best and the brightest in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey offering some of the most attractive and comprehensive employee benefits and perks in the industry. Theres also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe please copy and paste into your browser.
Salary range for the position: $51000-$83000/ Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business units incentive compensation plan which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits including Medical Prescription Drug Dental Vision Health Savings Account Dependent Day Care Savings Account Life Insurance Disability and Other Insurance Plans Paid Time Off (including Sick Leave consistent with state and local law Parental Leave and 20 Vacation Days annually) 10 Paid Holidays 401(k) and Short/Long Term Disability in addition to other special perks reserved for our employees. Please visit to learn more about our benefit offerings.
Morgan Stanleys goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race color religion creed age sex sex stereotype gender gender identity or expression transgender sexual orientation national origin citizenship disability marital and civil partnership/union status pregnancy veteran or military service status genetic information or any other characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
Required Experience:
IC
Employment Type
Full-Time
