Loan Quality Assurance Specialist

Job description

Overview The primary responsibility of this position is to perform the quality control of loan booking for all loan types, including new loans, renewals and modifications. Compares approval documentation on E-Booking package to core system "Navigator" for accuracy and reports deficiencies noted for proper resolution. The Quality Assurance Specialist adheres to department guidelines, policies, procedures and regulatory requirements while maintaining maximum level of quality and meeting threshold stablished by management as to the total number of loans required to be QC'd. What You'll Do: - Perform Next Day Quality Control & Post Quality Control review of loans which include New, Renewals, Extensions, Modifications, Participations and Syndicated loans. - The daily loan threshold for review is 10 loans each. The threshold number is subject to change based on QC Specialist length of time within the unit, proficiency on subject loans and department needs. - Thoroughly reviews key components on the Loan Input Sheet “LISA”, approved CAR and terms on Promissory Note, to ascertain constancy with the loan approval, and that the bank’s core requirements (loan amount, interest rate, payment, i...