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NightOwl Consulting logo
NightOwl Consulting

Connecting Companies With World-Class Talent.

Initial Closing Disclosure Analyst

AnalystAnalystFull TimeRemoteSeniorTeam 51-200H1B No SponsorCompany SiteLinkedIn

Location

Philippines

Posted

120 days ago

Salary

₱30K - ₱35K / month

Seniority

Senior

English

Job Description

Initial Closing Disclosure Analyst

NightOwl Consulting

• 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. • Review loan terms, fees, taxes, and other financial data to ensure they are accurately reflected in the ICD. • Cross-check all loan documentation to ensure alignment with underwriting conditions and customer information. • Identify and resolve any discrepancies in loan documentation prior to issuing the ICD. • Stay up to date with federal and state mortgage regulations (including TRID) to ensure all disclosures meet legal standards. • Maintain detailed records of all issued ICDs and monitor timelines to ensure compliance with the three-day disclosure rule. • Work closely with loan officers, underwriters, processors, and closing coordinators to ensure all 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. • Conduct quality control checks on all 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.

Job Requirements

  • Proficiency in Microsoft Office Suite (Excel, Word, Outlook).
  • Analytical mindset with the ability to identify and solve problems quickly.
  • Familiarity with loan documentation, including closing disclosures, loan estimates, and underwriting terms.
  • Strong organizational skills and ability to manage workflow efficiently.

Benefits

  • Above market salary
  • HMO with free dependent
  • Paid leave incentives
  • Performance based Incentives
  • Quarterly Company Events
  • In-depth training for career growth

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