Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in Louisville, Central, Eastern and Northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets.

Job Title: Mortgage Loan Processor                    

FLSA Status: Non-exempt

Department:  Mortgage

Hours of Operation: M – F 8:00 am to 5:00 pm

Hours may vary during High Volume Periods          

General Job Summary:

Responsible for the processing of a mortgage loan to insure the loan meets our Agency and Compliance requirements. To better serve the customer, must have knowledge of the different products available.  Work closely with all parties involved to create and maintain complete customer satisfaction.  

Organizational Duties and Responsibilities:

• Supports the mission, vision and philosophy of the Bank.  Complies willingly with all organizational policies and procedures.
• Supports all functions that maintain compliance with regulatory agencies.

Essential Duties and Responsibilities:

• Gather and interpret data that support mortgage loan request, such as automatic underwriting findings, credit reports, income and asset documentation, appraisals and other requirements
• Analyze information for completeness, accuracy and acceptability of Agency guidelines
• Submit complete loan packages to underwriter for review
• Develop ability to maintain timely processing of a loan package from receipt of file to closing with maximum timelines of 30 days for conventional loans and 45 days for government loans
• Aware of product requirements to have the ability to negotiate the necessity of approval conditions that could be deemed unnecessary and a hardship to the customer to produce
• Develop and maintain up-to-date knowledge of Agency and Bank’s guidelines, rules and regulations pertaining to generating an acceptable mortgage loan
• Keep all parties involved with the mortgage transaction current and up-to-date with the status of the loan during the process
• Ability to provide complete and accurate HMDA reporting information
• Perform other departmental duties as workload and priorities dictate

Other Functions:

Assist other mortgage department personnel when necessary

Working Conditions:

Office Setting

Minimum Job Requirements:

Education: High school/GED education

Experience: 3+ years experience in FHA, VA, Conventional mortgage processing or underwriting. 

Specific Skills:          

• Ability to function independently in a multi-task environment, as well as part of a team
• Comfortable communication with all levels of management and employees
• Proven knowledge of Automatic Underwriting Systems and Mortgage  Processing Systems
• Proven knowledge and experience pertaining to the processing of conventional and government loans              
• PC literacy with 35 WPM typing skill
• Strengths in problem solving and resolution
• Detailed oriented and self motivating
• Strong planning and organizational skills
• Good oral and written communication skills

Physical Requirements:

The physical demands described here are representative of those that must be met by an employee in order to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Primarily sedentary work performed in an office environment
• Ability to sit for extended periods of time while working at a computer
• Frequent use of hands and fingers to operate a computer, keyboard, mouse, and other office equipment
• Ability to speak clearly and hear well enough to communicate with clients, team members, and vendors via phone, video, and in person
• Visual acuity sufficient to read computer screens, printed documents, and financial data
• Occasional standing, walking, bending, or reaching
• Ability to lift and carry up to 10–15 pounds occasionally (e.g., files, office supplies)

Benefits:

• 401(K) with a company match of up to 6%
• ESOP employer match
• Medical insurance
• Dental insurance
• Vision insurance
• Cancer/Disease insurance
• Accident insurance
• Flexible Spending Accounts
• Flexible Savings Accounts
• Health Savings Accounts
• Bank paid Life/AD&D insurance
• Voluntary Life/AD&D insurance
• Bank paid Short-Term and Long-Term Disability insurance
• Employee Stock Purchase Plan
• Employee Assistance Program