Loan Servicing Specialist – Quality Assurance

Ascendo Resources; New York (NY); On-site; USD 60,000 - 70,000; Full time

Benefits offered by this job

Medical insurance

Vision insurance

401(k)

Job summary

A staffing firm is seeking a Loan Servicing Specialist responsible for quality assurance in lending operations. This position ensures compliance with policies and guidelines while identifying opportunities for improvement. Key responsibilities include conducting audits of loan servicing activities, preparing reports, and recommending improvements. Candidates should have at least 2 years of experience in loan servicing and strong analytical skills. This full-time role offers competitive benefits and operates in New York.

Qualifications

• 2+ years of experience in loan servicing, lending operations, quality assurance, or compliance.
• Strong knowledge of loan servicing processes and lifecycle.
• Understanding of applicable lending regulations and investor guidelines.

Responsibilities

• Conduct quality assurance reviews of loan servicing activities.
• Evaluate loan files, system entries for accuracy and compliance.
• Prepare quality assurance reports, scorecards, and metrics.

Skills

Analytical skills

Attention to detail

Problem-solving skills

Education

High school diploma or equivalent

Associate’s or bachelor’s degree preferred

Tools

Loan servicing systems

Microsoft Office (Excel, Word, Outlook)

Job description

Loan Servicing Specialist – Quality Assurance

This range is provided by Ascendo Resources. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base Pay Range

$60,000 – $70,000 per year

Additional Compensation Types

Annual Bonus

Job Description

We are seeking a Loan Servicing Specialist that is responsible for the quality assurance of lending operations. This role ensures lending activities comply with internal policies, regulatory requirements, and investor guidelines, while identifying process gaps, risks, and opportunities for continuous improvement. The specialist works closely with servicing, operations, and compliance teams to maintain high standards of loan servicing performance.

Key Responsibilities

• Conduct quality assurance reviews of loan servicing activities, including payment processing, escrow administration, loan modifications, payoff processing, and account maintenance
• Evaluate loan files, system entries, and servicing actions for accuracy, completeness, and compliance with federal, state, investor, and internal requirements
• Identify errors, trends, and root causes of servicing issues and document findings clearly and consistently
• Prepare quality assurance reports, scorecards, and metrics for management review
• Recommend corrective actions, process improvements, and control enhancements to reduce risk and improve servicing quality
• Partner with servicing and operations teams to provide feedback, guidance, and clarification on quality standards
• Support audits, regulatory exams, and internal reviews by providing documentation and responding to findings
• Assist with the development and maintenance of quality control procedures, checklists, and training materials
• Stay current on regulatory changes, servicing guidelines, and industry best practices

Qualifications

• High school diploma or equivalent (associate’s or bachelor’s degree preferred)
• 2+ years of experience in loan servicing, lending operations, quality assurance, or compliance
• Strong knowledge of loan servicing processes and lifecycle
• Understanding of applicable lending regulations and investor guidelines
• High attention to detail with strong analytical and problem‑solving skills
• Ability to interpret policies, procedures, and regulatory requirements
• Proficient in loan servicing systems and Microsoft Office (Excel, Word, Outlook)
• Experience in quality control or audit functions within a financial institution
• Familiarity with consumer lending, mortgage, or commercial loan servicing
• Experience preparing QA reports and presenting findings to management

EEO Statement

Ascendo is a certified minority owned staffing firm, and we welcome and celebrate diversity.

Ascendo is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, parental status, military service or any other characteristic protected by federal, state or local law.

Seniority Level

• Associate

Employment Type

• Full‑time

Job Function

• Finance, General Business, and Analyst

Industries

• Banking, Financial Services, Business Consulting and Services

Benefits

• Medical insurance
• Vision insurance
• 401(k)