Milford Federal Bank is a strong community bank with branches in Milford, MA, Whitinsville, MA and Woonsocket, RI. We provide a variety of savings and lending products with a solid commitment to our customers. Milford Federal Bank is an equal opportunity and affirmative action employer F/M/D/V. We provide a comprehensive benefit package including health, dental, life insurance and 401K match. Qualified candidates may submit resume and cover letter to firstname.lastname@example.org. No unsolicited resumes, email or calls from search firms will be accepted. The following positions are available:
Loan Servicing Manager
Milford Federal is looking for a seasoned manager to oversee our Loan Servicing Department. Directs all loan servicing and collections activities involving both performing and non-performing loans to ensure efficient operations and high level of customer service. Responsible for loan accounting, compliance, and process improvement.
Participates in developing loan servicing policies and procedures. Ensures that all loan servicing activities comply with regulatory standards, Bank policies and procedures, and secondary market servicing requirements.
Works collaboratively with the Loan Closing Manager to ensure new loans are transitioned from Loan Origination to Loan Servicing while ensuring compliance with Bank Secrecy Act, AML, OFAC and USA PATRIOT Act including but not limited to Customer Identification Program, customer due diligence, identifying high risk accounts, understand the due diligence required for lending transactions, and reporting suspicious activities to supervisor or BSA Department.
Outside Mortgage Originator (Metrowest, MA territory)
We seek experienced professionals with proven track records of 3+ years mortgage loan sales success to cover assigned territories. Positions require knowledge of the origination process, secondary market guidelines, and the skills necessary to develop and originate new loan business for our Bank. This position includes base salary and commission.