Commercial Loan Quality Assurance Specialist

Burke & Herbert Bank & Trust; Moorefield (WV); On-site; USD 42,000 - 62,000; Full time

Job summary

Ideal candidates have 2 years in compliance reviews and a 4-year degree or equivalent, with TRID/Reg Z knowledge and strong attention to detail. Office-based with standard banking workflows.

Qualifications

• 2 years experience in conventional and government compliance and loan file reviews.
• In-depth knowledge of federal, state, and local compliance regulations included (Truth in Lending; ECOA; Reg Z; Reg B; Reg X).
• Advanced knowledge of closing function including underwriting conditions to closing, TRID, and closing procedures.

Responsibilities

• Conduct pre-funding review of commercial loans to ensure accuracy and completeness of closing packages.
• Conduct post-closing review of completed commercial loan documents for regulatory compliance.
• Perform independent compliance and post-closing audits to verify investor guidelines are met.
• Identify deficiencies and maintain records of audits and responses.
• Verify that loan terms match those approved in the loan request/presentation.
• Ensure closers correct outstanding errors prior to closing.
• Establish and maintain production standards and quality requirements.
• Produce QC reports for pre/post-funding and denied/early payoff files.
• Collaborate with auditors to resolve exceptions related to underwriting and data integrity.
• Manage and report QC monthly review of production to Director of Loan Operations.
• Coordinate with other departments on action plans for QC exceptions.
• Determine if internal/external parties meet lender guidelines for loan programs.

Skills

Compliance knowledge

Loan file review

Regulations TRID/Reg Z

Detail-oriented

Microsoft Office

Education

4-year college degree or equivalent

Job description

Ideal candidates have 2 years in compliance reviews and a 4-year degree or equivalent, with TRID/Reg Z knowledge and strong attention to detail. Office-based with standard banking workflows.