Loan Quality Specialist

Description:

• Maintains a current knowledge and compliance with bank and lending related regulations.
• Performs quality assurance of all loan files to ensure the loan file satisfies Federal and State regulatory standards as well as compliance guidelines. (TRID, RESPA, REG Z, etc.)
• Reviews all file documentation for loan files, including title commitments and policies, UCC’s, letters of credit, insurance policies, liens (collateral perfection), releases, commercial entity constituent documents and other documents relating to the loan.
• Identifies missing/incorrect documentation in loan files and seeks solutions to problems.
• Notifies Credit Officers of potential problems and makes recommendations to resolve potential problems or conflicts with a loan, collateral or documentation.
• Follows applicable ANB Bank Consumer/Commercial loan policies.
• Performs system, workflow and process problem identification, troubleshooting and resolution.
• Completes and sends out updated disclosures and funds to customers when needed.
• Delivers quality of service as defined by department standards.

Qualifications:

1 year of banking or college degree in finance, accounting, business administration or related degree equivalent OR loan quality assurance work for commercial loans