Post-Closing Purchase Advice Specialist

We’re hiring a detail-oriented Post-Closing specialist to enter and verify Purchase Advice data in Encompass. This role focuses on accurate, timely system updates to support secondary/servicing/finance processes after loan closing. This position does not handle trailing documents.
Key Responsibilities

- Accurately enter Purchase Advice details into Encompass for closed loans (high volume, high accuracy).

- Review Purchase Advice and related post-close source documents to confirm key data points such as:
- Purchase date, purchase price, net proceeds, premium/discount (as applicable)

- Fees/adjustments, escrow/impounds details (if applicable), principal balance/UPB

- Investor and servicing-related fields including first payment due (as applicable to your workflow)

- Validate that Encompass reflects the correct final terms (e.g., note rate, loan amount/UPB, key dates) based on source documentation

- Identify discrepancies, document findings clearly in Encompass notes, and escalate exceptions to the appropriate internal team (Secondary/Shipping/Accounting/Post-Close lead)

- Maintain clean audit trails: consistent naming, comments, and checklist completion per SOP.

- Track assigned pipeline, meet daily/weekly production targets, and provide status updates as needed.

Skills, Knowledge and Expertise

- Enter and update Purchase Advice information accurately in Encompass

- Review post-closing documents to make sure loan details match the system

- Check key loan information such as dates, amounts, fees, and escrow details

- Confirm final loan terms (rate, loan amount, important dates) are correct

- Spot differences or errors and note them clearly in the system

- Escalate questions or issues to the appropriate internal team when needed

- Keep records organized and audit-ready by following established procedures

- Manage an assigned pipeline and stay on track with daily and weekly goals

- Provide basic status updates on assigned loans

- Understand how accurate post-closing data supports servicing and finance teams

Benefits

- Above market salary

- HMO on Day 1 for principal and two dependents

- Government-mandated benefits

- Performance-based Incentives

- Quarterly Company Events

- 1,000 PHP De Minimis

- Equipment and software provided

Originally posted on Himalayas