Mortgage Loan Quality & Compliance Analyst

BANK OF BARTLETT•Bartlett, TN

44d

About The Position

Role: Responsible for accurately and efficiently performing loan review, document review, and system review in a timely and professional manner. Essential Functions & Responsibilities: Reviews loans according to guidelines for documentation completeness and accuracy. Ensure files meet compliance, applicable law, regulatory guidelines, and internal policies and procedures. Perform system review to ensure booked loans are accurately input into loan systems. Identifies errors and returns for repair. Perform quality control of document images and indexing. Perform reviews of individual loans and borrowers to ascertain credit quality and if loans are made in accordance with bank policies and guidelines as well as applicable banking laws and regulations. Including quarterly targeted reviews in accordance with loan policy / asset quality /loan review section and targeted product reviews / analysis. Recommend loan downgrades and upgrades to the Chief Credit Officer for approval. Process paid out files, monitor receipt of recorded documents, monitor expiration of title opinions, process force place insurance, and other various documentation. Perform other job related duties as requested. Performance Measurements: 1. To ensure accurate and timely completion of assigned activities. 2. To keep current on Bank Loan Policy and procedures, and regulations. 3. To maintain loan documentation knowledge, including understanding complex loan packages. 4. To provide timely reports to management, as requested. 5. To attend classes and participate in various educational & developmental seminars as appropriate, including regulatory based training. 6. To maintain the confidentiality of all information as directed in banking procedures. 7. To complete all assigned training within the allotted time frame. 8. To comply with all state and federal regulations that are applicable to their specific job duties. 9. To provide friendly, professional and accurate service and support to all customers and employees. 10. Each position within the Company shares in the cross-selling of the Company's products and services. This job description does not constitute an employment agreement between the employer and employee. The job description is subject to change by the employer as the needs of the employer and requirements of the job change. Physical Requirements: The person in this position needs to occasionally move about inside the office to access file cabinets, office machinery, etc. Constantly operates a computer and other office productivity machinery, such as a calculator, copy machine, and computer printer. Must able to lift up to 50 pounds. Must able to remain in a stationary position 50% of the time.

Requirements

Three years to five years of similar or related experience.
(1) A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g. information technology certifications in lieu of a degree).
Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.
Overall understanding of the banking industry.
Understanding of loan system codes.
Excellent computer skills, including knowledge of operations of a loan processing system, imaging system, and internet.
Knowledge of office practices, procedures, methods and equipment including Windows, Microsoft Word and Excel.
Excellent organizational and interpersonal skills, ability to meet deadlines, record keeping skills and time management skills.
Work independently with little supervision
Must able to lift up to 50 pounds.
Must able to remain in a stationary position 50% of the time.

Responsibilities

Reviews loans according to guidelines for documentation completeness and accuracy.
Ensure files meet compliance, applicable law, regulatory guidelines, and internal policies and procedures.
Perform system review to ensure booked loans are accurately input into loan systems.
Identifies errors and returns for repair.
Perform quality control of document images and indexing.
Perform reviews of individual loans and borrowers to ascertain credit quality and if loans are made in accordance with bank policies and guidelines as well as applicable banking laws and regulations.
Including quarterly targeted reviews in accordance with loan policy / asset quality /loan review section and targeted product reviews / analysis.
Recommend loan downgrades and upgrades to the Chief Credit Officer for approval.
Process paid out files, monitor receipt of recorded documents, monitor expiration of title opinions, process force place insurance, and other various documentation.
Perform other job related duties as requested.