Hello, I am having a difficulty in determining my NOC code. My job title is LOAN MORTGAGE PROCESSOR. I am in between NOC 6435 and NOC 1434. I feel like my job duties are similar to NOC 6435. However, my job title is named as LOAN MORTGAGE PROCESSOR which, according to this post https://www.canadavisa.com/canada-immigration-discussion-board/threads/seeking-advice-about-noc-code.135373/ should be considered in NOC 1434. Anyone has experience in this, please give me some advice. THank you
My previous duties are show below:
This group performs some or all of the following duties:
This group performs some or all of the following duties:
Bank clerks
My previous duties are show below:
- Interviewed client to fill out loan application in office, online and/or by phone into the system for faster loan processing.
- Helped borrower choose the best mortgage products with the best payment plans that fit the financial goals of the clients whether the property is primary or rental property.
- Researched, Verified, and evaluated loan documents including appraisal, tax returns, paystuds, credit reports, appraisals, property profiles to ensure the authenticity of all information and the ability to pay back the loan.
- Gathered and organized loan documents.
- Reported to management suggesting to either approve or reject the loan application. If approved, notified and provided clients more information about interest rates, payment terms of the loan.
- Sent daily notifications updating loan status to borrowers and answered any questions regarding to the loan.
- Performed additional office duties assigned by management.
This group performs some or all of the following duties:
- Open new personal and non-personal accounts, and provide access to automated banking machine, telephone banking and online banking services
- Interview applicants for personal, mortgage, student and business loans
- Promote the sale of deposit, investment, credit and loan products and services
- Assist clients by proposing solutions to address financial objectives such as business expansion, debt management, investment and other financial goals
- Research and evaluate loan applicant's financial status, references, credit and ability to repay the loan
- Complete credit and loan documentation
- Submit credit and loan applications to branch or credit manager with recommendations for approval or rejection; or approve or reject applications within authorized limits ensuring that credit standards of the institution are respected
- Prepare statements on delinquent accounts and forward irreconcilable accounts for collector action
- Review and update credit and loan files
- Act as joint custodian for cash and securities.
This group performs some or all of the following duties:
Bank clerks
- Compile records of deposits, withdrawals, loan and mortgage payments, cheques and purchase, sale and exchange of securities
- Process loan and mortgage applications, loan and mortgage payments, retirement savings plan applications, term deposits, drafts and money orders
- Verify and balance automatic teller machine transactions and ledger entries, calculate service charges and interest payments and notify customers regarding account discrepancies and captured bank cards
- Answer enquiries and provide information on banking products, policies and services
- May sell drafts, money orders, travellers' cheques and foreign currency, rent safety deposit boxes and open and close savings, chequing and other accounts.
- Process enrolments, cancellations, claims transactions, policy changes and premium payments
- Review insurance applications and verify insurance coverage, premiums paid and other insurance information
- Calculate insurance premiums, pension benefits and annuity payments
- Compile and maintain claims data, rates and insurance data and records
- Answer enquiries and provide information on insurance products, policies and services.
- Compile and maintain rental, sale and other real estate listings
- Compile and maintain stock, bond and other securities listings
- Sort, verify and process real estate, securities and other financial transactions
- Answer enquiries and reply to correspondence.