Loan Quality Assurance Specialist II

This position is responsible for ensuring accuracy of bank loans, including critical review of loan documentation, verifying regulation requirements, protecting the bank's interest with perfecting collateral, and the core loan system.

MAJOR DUTIES AND RESPONSIBILITIES (ESSENTIAL FUNCTIONS)

• Perform pre-loan review of loan documentation to ensure regulatory and bank policy compliance, and collateral perfection before providing documents to borrowers, when needed.
• Perform post loan review to ensure required loan documentation has been properly executed.
• Review data entered into core loan system for data integrity.
• Conduct final verification of HMDA, CRA, Fair Lending and other regulatory required information.
• Enter missing and recurring documentation requirements into the loan documentation exception tracking system, as appropriate.
• Validate imaged documents and loan documentation exceptions.
• Provide support to community banks, Loan Production and Loan Servicing teams.

ADDITIONAL DUTIES AND RESPONSIBILITIES

Monitor reports and other projects to ensure accuracy of loan system, and regulation and bank policy compliance, as assigned. Recommend possible methods to improve department efficiency to supervisor when appropriate. Communicate issues to supervisor when applicable. Attend team and department meetings as requested. Complete all assigned education, including annual compliance exams. Always demonstrate professionalism in attire and communication. Adhere to all First United Bank policies and procedures. Other duties as assigned by supervisor.

EMPLOYEE SPECIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and Work Experience

• High school diploma or GED required.
• Bachelor's Degree in business, law, or finance preferred.
• Experience with loans, loan documentation, and lending regulations preferred.
• Good understanding of financial institution products and services preferred.

Technical/Functional Competencies

• Good understanding of computer spreadsheet and word processing programs.

• Strong understanding of loans and loan products preferred.
• Ability to execute tasks and projects with little or no supervision.

• Exceptional customer service skills.
• Good problem-solving and decision-making skills.
• Demonstrate good judgment.
• Strong organizational skills.
• Strong interpersonal skills and ability to work well within a team and with a wide range of people.
• Ability to communicate well including verbal and written communication.
• Dependable and adheres to timelines and schedules.
• Willingness to accept additional responsibilities.
• Ability to adapt to changing technology and processes.

NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties as assigned by supervisor to meet the ongoing needs of the organization.