Jessica Picard
Anchorage,AK
Summary
To acquire employment in a stable work environment, which will provide valuable experience and allow myself to grow within an organization.
Summary of Highlights:
- Active License for Title Insurance Limited Producer with the State of Alaska Division of Insurance.
- Detail-oriented team player with strong organizational skills. Ability to handle multiple loan transactions simultaneously with a high degree of accuracy.
- Hardworking and passionate job seeker with strong organizational skills eager to secure a new employment opportunity and to help achieve department and company goals.
Overview
27
27
years of professional experience
Work History
Sr. Commercial Loan Processor & Funder
NuVision Federal Credit Union
04.2017 - 08.2023
- Facilitated communication with loan applicants, underwriters and loan officers to optimize process and maintain updated information.
- Responsible for completion of complex commercial loan documents in adherence with Credit Union policy and maintain working knowledge of Commercial Loan Policy.
- Collaborated with loan officers to develop strategies for managing loan application processing.
- Advised loan officers to comply with loan guidelines and apply best practices.
- Handled any conditions sent from underwriting departments.
- Collected and compiled paperwork such as title abstracts, insurance paperwork, loan files and tax histories.
- Analyzed credit reports to determine eligibility of applicants and capacity for loan products.
- Reviewed loan files for completeness, identified missing documentation, and generated condition lists for applicants for commercial, small business, and consumer real estate transactions.
- Analyzed credit reports to assess risk and determine applicants' ability to repay loans.
- Responsible to organize and maintain loan file fro inception, funding, to post-closing to ensure collateral perfection.
- Consulted with outside vendors to identify and resolve loan closing issues.
- Stayed up to date on loan regulation changes, processing loan applications in compliance with current laws.
- Coordinated closing process with attorneys, title companies, and government clerks.
- Review all entity and trust documentation for signing authority; prepare estoppels and SNDA’s for borrower, tenant, and lender approval and signature
- Calculated, reviewed and corrected errors on interest, principal and closing costs.
- Prepared loan documents and explained terms to clarify loan conditions and requirements with applicants.
- Work closely with members, title and escrow, builders, brokers, outside lender counsel, and banking officer
- Prepare and balance Closing Statements, all loan documents to send to escrow for closing, and disburse loan proceeds ensuring all pre-approval conditions have been met
- Affirmed loan document accuracy to protect lenders from potential fraud.
- Maintain monthly draw requests, monthly interest payments due, order inspections for Construction Loan Portfolio
- Maintain monthly reconciliation of GL accounts, ensuring all vendors are paid, process short term loan extensions, and assist Special Assets Manager with maintaining portfolio
- Currently assisting in training new employees, testing new loan documentation system, collaborating with other departments to implement new processes and procedures
- Management with day-to-day functions and other duties as assigned.
- Set up, stored and updated customer files, department records and regulatory paperwork.
- Communicated acceptance or rejection to applicants via mail, email, telephone or personal consultations.
- Corroborated on-time payments and meeting of loan terms by assessing customer accounts.
Escrow Closer, Escrow Assistant
Disburser, Fidelity Title Agency, Alaska
11.2009 - 03.2017
- Coordinated and distributed disclosures, schedules and other closing documents.
- Developed and deepened relationships with clients and associated professionals such as lawyers, lender representatives and mortgage brokers.
- Analyzed title documents to identify potential issues and resolve any discrepancies.
- Researched ownership interests and liens on real estate properties.
- Examined land records and identified potential problems with title search results.
- Created legal documents such as deeds, mortgages and leases based on title search results.
- Conducted comprehensive title searches to maintain accuracy and compliance of real estate transactions.
- Drafted title abstracts and legal documents for real estate transactions.
- Prepare or assist in creating all closing documents required
- Clear all necessary items of record reflected on preliminary title commitment
- Maintain professional relationship with real estate agents, buyers, sellers, lenders, and attorneys
- Set up escrow collections and/or amendments
- Receive and set up all incoming and outgoing wires, checks or deposits
- Daily reconciliation of multiple bank accounts
- Maintain all IRS 1099 reporting
- Track post-closing files to confirm reconveyances are processed and recorded
- Assist all Escrow Officer in department as needed.
- Researched titles and managed clearing process.
- Reviewed monthly reports for accuracy and submitted to management.
- Marketed business to increase workload and revenue.
- Developed and maintained relationships with title companies, lenders and other stakeholders to facilitate smooth transactions.
- Proved successful working within tight deadlines and a fast-paced environment.
- Adaptable and proficient in learning new concepts quickly and efficiently.
- Used critical thinking to break down problems, evaluate solutions and make decisions.
- Identified issues, analyzed information and provided solutions to problems.
- Participated in team projects, demonstrating ability to work collaboratively and effectively.
Quality Assurance
NextAce Corporation
01.2009 - 03.2009
- Prepare and process Benechecks, REO’s, Search Packages, and Trustee’s Sales Guarantees for completion
- Validate chain of documents, select active recorded documents to complete Preliminary Title Report for all properties located in West coast Region.
- Evaluated function, performance and design compliance of every product against design standards and customer needs
- Advised developers on problems with databases, performance and other issues
- Developed and maintained defect databases for known issues
- Self-motivated, with a strong sense of personal responsibility
- Passionate about learning and committed to continual improvement
- Proved successful working within tight deadlines and a fast-paced environment
Operations Administrative Assistant
GMAC Mortgage Corporation
07.2000 - 05.2003
- Responsible for auditing loan file for all documentation required
- Create escrow holdback packages and request final inspections and release of funds
- Audit all cancelled files
- Assist all processors and closers
- Assist Team Leader and Loan Officers in day-to-day functions in any way possible as well as assisted coworkers and staff members with special tasks on daily basis.
- Built and maintained excellent customer relationships through timely response to inquiries and going above and beyond to accommodate unusual requests
File Clerk
01.2000 - 02.2001
- sPrice and Price, Attorneys at Law
- Assist Attorneys and Legal Assistants with various office tasks.
- Sorted and classified documents into appropriate filing systems for increased traceability
- Managed sensitive or confidential files with attention to data security and storage policies
Receptionist and Loan Officer Assistant
Premier Mortgage
06.1996 - 07.2000
- All front desk duties
- Assist loan originators and loan processors in day to day functions.
Skills
- MS Office
- Attention to Detail
- Clerical Support
- Written Communication
- Time Management
- Problem-Solving
- Decision-Making
- Quality Assurance
- Teamwork and Collaboration
- Research
- Organization and Time Management
Timeline
Sr. Commercial Loan Processor & Funder
NuVision Federal Credit Union
04.2017 - 08.2023
Escrow Closer, Escrow Assistant
Disburser, Fidelity Title Agency, Alaska
11.2009 - 03.2017
Quality Assurance
NextAce Corporation
01.2009 - 03.2009
Operations Administrative Assistant
GMAC Mortgage Corporation
07.2000 - 05.2003
File Clerk
01.2000 - 02.2001
Receptionist and Loan Officer Assistant
Premier Mortgage
06.1996 - 07.2000
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