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Naperville Junior Closer

The Federal Savings Bank is currently seeking entry-level candidates, preferably recent college graduates, to assist with the timely closing of residential mortgage loans for our Chicago and Naperville Branch Offices. A Junior Closer’s primary responsibilities include pre-auditing loan files, ordering wires, and disbursing Lender’s funds based on agency, investor, and company guidelines with a focus on efficiency, speed, and quality.  The Junior Closer position is an exciting gateway role with opportunity for monthly bonus and advancement. Candidates who demonstrate proficiency will be considered for advancement to a Senior Closer position as those roles become available.

Duties and Responsibilities

  • Pre-auditing approved loan files that have already been scheduled for closing
  • Effectively managing a timely submission pipeline along with a Rush submission pipeline
  • Communicating with Loan Analysts (Processors), Mortgage Bankers, Title Agents, and Investors
  • Ordering wired funds
  • Reviewing executed documents, ensuring that all Underwriting conditions have been met, and disbursing Lender’s funds
  • Clearing post-closing suspense conditions issued by Investors and third-party Quality Control agencies
  • Providing support wherever needed in the Closing Department

Job Requirements

  • Education / Experience: Applicants must have a college degree
  • Applicants must demonstrate attention to detail, the ability to multitask, and a strict adherence to deadlines
  • Grace under pressure. Closing is a fast-moving, high-stakes field. Applicants must have familiarity with maintaining composure and professionalism under all circumstances
  • Excellent Interpersonal, Communication, and Time Management Skills
  • All applicants must be flexible with their schedules, as they may be required to work after-hours, especially during peak volume periods

We offer a competitive base salary, plus bonus opportunity. Along with this earning potential, we also offer benefits and opportunity for advancement. 

  • Health, dental, vision and life insurance plans
  • Immediate enrollment in 401(k) plan
  • Flexible Spending Accounts for qualified medical and dependent care out-of-pocket expenses
  • Time off