Loan Quality Assurance Specialist I

First United Bank and Trust; Durant (OK); On-site; USD 40,000 - 70,000; Full time

Job summary

Join a dynamic team at a leading financial institution where your skills in loan quality assurance can shine! As a Loan Quality Assurance Specialist, you'll play a crucial role in ensuring the accuracy of bank loans and compliance with regulations. This position offers the opportunity to work with a supportive team, enhancing your career while contributing to the bank's success. Enjoy a culture that values growth and development, making it one of the top places to work in Oklahoma. If you're detail-oriented and passionate about customer service, this role is perfect for you.

Qualifications

• Experience with loans and lending regulations preferred.
• Good understanding of financial institution products and services.

Responsibilities

• Perform pre-loan reviews for compliance with regulations.
• Conduct final verification of regulatory required information.

Skills

Customer Service

Problem-Solving

Organizational Skills

Interpersonal Skills

Communication Skills

Education

High School Diploma or GED

Bachelor's Degree in Business, Law, or Finance

Tools

Spreadsheet Software

Word Processing Software

Job description

Join Our Team!

We have a great team of friendly, talented and inspiring people at First United. As a learning organization, we take pride in offering exciting opportunities for employees to grow and follow their passions. That's one of the many reasons First United has been voted as one of the top places to work in Oklahoma since 2009! Browse this page to find out more about the First United culture and the many benefits of working here. Then, use our "Get Started" section to take your first step to being a part of First United.

The PositionJob TitleLoan Quality Assurance Specialist IJob Description

SUMMARY

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.

#LI-BR1

All Locations:Durant-Corporate

If any applicant is unable to complete an application or respond to a job opening because of a disability, please email us at [e-mail] for assistance.

First United is an Equal Opportunity Employer. To the extent required by Federal or State law, First United does not discriminate in employment opportunities or practices on the basis of race, color, religion, sex, national origin, or any other characteristic protected by law.