This candidate is responsible for ensuring that all closed consumer loans contain the proper loan support documentation, and are correctly boarded to the system. The Specialist will verify the accuracy of the documents and ensure that they comply with all requirements, policies, and procedures for institutional lenders. The successful candidate will be cross-trained within all areas of the Quality Control department.
Ensures that all Consumer loans are properly boarded to the loan servicing system
Reviews all Consumer loans within the required time-frames and apprises management of any issues with boarding; brings issues to management's attention if/when the cycle falls behind
Reviews each loan to determine that the account meets the underwriting guidelines and documentation requirements as defined by the Bank. This review will include: income and employment verification, property and other related documents for each loan.
Handles loan disbursements and associated paperwork on various types of loans.
Examines required closing documents on the loan for accuracy, also determines that all the required documents for the loan are correctly completed
Keeps track of follow-up schedule to ensure compliance of remedial or corrective action on loans
Ensures that all Consumer loans are recorded for disaster recovery, filed and shipped properly
High School Diploma/GED required. Some college strongly preferred.
Must have at least 1 year of experience in processing or closing loans in a high-volume environment
Must have a thorough knowledge and understanding of pertinent loan documents and lending requirements
Must possess strong analytical skills and have the ability to make sound judgments
Must be able to manage time efficiently, prioritize tasks, and meet deadlines
Must have excellent written, and verbal communication skills
Must have strong propensity for detail, accuracy, and work independently with minimal supervision
Must be professional and courteous with all internal and external customers
Working knowledge of Windows, Microsoft Office and Excel applications