Mortgage Loan Quality Control Specialist

Great employees are essential to maintaining the confidence our customers place in us. FGB believes that our employees are our greatest asset as demonstrated in their professionalism and dedication. We encourage open communication and strive to cultivate an environment in which our employees will contribute new ideas and innovations that will help us excel. As we grow, we want YOU to join our team to help fulfill our mission of serving the banking needs in our local communities.

Our full-time employees are eligible for amazing benefits including medical, dental, vision, and basic life/AD&D insurance, prescription drug benefits, long term disability, and salary continuance (short-term disability). In addition, they get paid holidays, paid vacation and sick leave, a tuition reimbursement program, 401k, section 125 cafeteria plan, and the opportunity to earn FGB stock grants. Apply today to enjoy these benefits and more!

Position Summary

The Mortgage Loan Quality Control Specialist reviews all mortgage loans before and after closing to ensure compliance with all federal and state laws, rules, and regulations. Also prepares and tracks loan review exceptions and ensures conformity with company policy.

Essential Duties and Responsibilities

1. Prepare monthly closed loan reports to be presented to the Board of Directors.
2. Receive responses from originators and/or processors on missing documentation to ensure continuation of processing for all loan requests.
3. Review loan checklist to verify proper documentation and minimize loan exceptions.
4. Maintain a daily log of all loans processed for each originator/processor including date, time sent/received, amount of loan, and status.
5. Work with Compliance to ensure that all loan checklists and requirements are up to date.
6. Adhere to BSA/AML policy and all other bank policies.
7. Audit and maintain adverse action letters (mortgage).
8. Ensure all Government Monitoring data is properly collected and reported.
9. Review all closed mortgage loans and approvals ensuring conformity with company policy and all federal regulations (RESPA, TIL, HMDA etc.)
10. Review all early TRID disclosures before delivery to applicant.
11. Respond to quarterly compliance audits in a timely fashion.
12. Other duties and responsibilities may be assigned by supervisor.

Minimum Qualifications (Education, Experience, Skills)

• Loan quality assurance experience required.
• Banking experience preferred.
• 3 years of experience in compliance review.
• Good customer service and communication skills.
• Must be able to exercise discretion and good judgment.
• Must have the ability to multitask and handle multiple assignments.
• Must be self-motivated, dependable, and detail oriented.
• Proficient computer skills; Microsoft and Excel required.

Note: This is a single-incumbent position. Incumbents have responsibility for all the company's mortgage lending operations activities and typically have subordinate operations managers

Physical Demands and Work Environment

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.

While performing the duties of this position, the employee is regularly required to talk and hear. The employee frequently is required to use hands or fingers, handle, or feel objects, tools or controls. The employee is occasionally required to stand; walk; sit; reach with hands and arms; climb or balance; and stoop, kneel, crouch, or crawl.

The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this position include close vision, distance vision, color vision, peripheral vision, and the ability to adjust focus.

The noise level in the work environment is usually moderate.

This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments.

All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents will possess the skills aptitudes and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others. The requirements listed in this document are the minimum levels of knowledge, skills or abilities.