Settlement Officer

4 days ago

Sydney, Australia NAB - National Australia Bank Full time

**Work type**: Permanent Full time
**Pay Level**: Group 1
**Reports to**: Jawad Tawfiq
**View Role purpose statement**
- **Outstanding opportunity to build and progress your career**:

- **Engaging work environment with an open and supportive culture**:

- **Showcase your experience in Banking and Finance**

**A career that gives you more**

A career with NAB is about more than money, it's about serving our customers well and helping our communities prosper. We currently have a permanent opportunity for a Settlement Officer to join our recently acquired Citi Bank Operations. You will support multiple vendors to facilitate the settlement process and provide assistance to the Manager in day to day running activities of the team.

**Key Responsibilities**
- Ensure adherence to Standard Operating Procedures (SOPs) and Work instructions
- Validation of daily mortgage settlements
- Managing pre and post settlement requests, including late settlement requests and authorization of settlement funds.
- Process daily financial journals and reconcile settlement general ledger
- Sending documents and processing inhouse settlements
- Managing team mailboxes
- Prepare daily, weekly and monthly MIS for distribution to stakeholders
- Process LMI payments, reconciliation, rejects, closed accounts
- Performing Title Searches
- Security packet custodian and risk reviews
- Loan account remediation

**Your Skills and Experience**

To be successful in the role you will need proven experience within Banking and Finance, preferably with Mortgage Processing experience.

Applicants will also be expected to have:

- Knowledge of mortgage products and features
- Understanding and knowledge of mortgage settlement and disbursement processes
- Ability to communicate and maintain relationships with internal and external stakeholders
- Strong written and oral communication skills
- High level of accuracy and attention to detail

**Why NAB?**

We believe success comes from our people. We're committed to supporting your talent and skills through your career, as you help us build a culture that affects change for our customers - and for the community too. We have an African Australian Inclusion Program, a range of Grad, Traineeship and Internship Programs, we are proud to have dedicated $55 billion to help address climate change, be recognised as a Gold employer of LGBTI Inclusion by AWEI and be an endorsed employer for Women by Work180.

We are an equal opportunity employer and welcome diversity in the workplace.

**The benefits**

From education and volunteer leave to learning benefits and banking discounts, we offer access to a wide range of employee benefits. For more information, please visit here.

If you think this role is the right fit for you, we invite you to apply. Let’s have a serious but informal chat about who you are and what drives you. We’d love to share our vision for the future of banking.
- Please note unsolicited CVs from agencies will not be accepted.

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