[Hiring] Initial Closing Disclosure Analyst @Nightowl

The Initial Closing Disclosure (ICD) Analyst plays a critical role in the mortgage loan process by preparing, reviewing, and verifying the accuracy of the Initial Closing Disclosures (ICD). This position ensures compliance with regulatory requirements and company policies, ensuring borrowers receive accurate and timely disclosures of loan terms and costs. The ICD Analyst collaborates with internal teams such as loan processors, underwriters, and closing officers to resolve discrepancies and ensure smooth and timely loan closings.

Key Responsibilities

Preparation of Initial Closing Disclosures: • Generate and review Initial Closing Disclosure (ICD) documents for accuracy and completeness in accordance with company policies and regulatory requirements. • Ensure that the ICD is sent to the borrower at least three business days prior to closing, adhering to TRID (TILA-RESPA Integrated Disclosure) regulations. Data Review and Verification: • Review loan terms, fees, taxes, and other financial data to ensure they are accurately reflected in the ICD. • Cross-reputed company reputed company loan documentation to ensure alignment with reputed company conditions and customer information. • Identify and resolve any discrepancies in loan documentation prior to issuing the ICD. Compliance and Regulatory Adherence: • Stay up to date with federal and state mortgage regulations (including TRID) to ensure reputed company disclosures meet legal standards. • Maintain detailed records of reputed company issued ICDs and monitor timelines to ensure compliance with the three-day disclosure rule. Collaboration with Internal Teams: • Work closely with loan officers, underwriters, processors, and closing coordinators to ensure reputed company necessary data is collected and accurately reflected in the ICD. • Communicate with the loan origination team to address any borrower questions or concerns regarding the closing disclosure. Quality Assurance and Reporting: • Conduct quality control checks on reputed company ICDs before submission to ensure there are no errors or omissions. • Report any issues or trends regarding ICD errors or compliance risks to management for further review. Skills, Knowledge and Expertise • Proficiency in reputed company Office Suite (reputed company, Word, Outlook). • Analytical reputed company with the ability to identify and solve problems quickly. • Familiarity with loan documentation, including closing disclosures, loan estimates, and reputed company terms. • Strong organizational skills and ability to manage workflow reputed company. Benefits • Above market salary • HMO with free dependent • Paid leave incentives • Performance based Incentives • Quarterly Company Events • In-depth training for career growth Apply Job!