Loan Quality Assistant

About the Role

Community Bank Loan Quality Assistants provide regional support services in various capacities. Positions in this classification may carry different functional titles but share similar competencies, education, and experience requirements. Specific requirements based on designated responsibilities may be provided during recruitment and hiring.

Responsibilities

• Thoroughly review and analyze all loan transactions for accuracy.
• Question any irregularities or unusual occurrences regardless of origin.
• Demonstrate ability to understand general accounting principles.
• Perform data entry, review, and submission of reports.
• Review and perform tasks for tracking reports and exceptions.
• Perform documentation and data review of new and renewed loans, loan denials, HMDA, for compliance, lien perfections, and bank policies.
• Perform tasks for document imaging of loan documents and verification of images.
• Review and track insurance policies for loans to ensure continued coverage for applicable collateral.
• Perform tasks related to escrow loans.
• Participate in the appraisal engagement process.
• Other duties as assigned by Supervisor or Manager.

The Community Bank Loan Quality Assistant must possess a thorough knowledge of all bank products and services, fully understand and adhere to all federal and state laws and policies related to the industry and their particular section, and have the ability to research issues and respond to staff questions.

Requirements

• Graduation from high school or equivalent GED required.
• A minimum of three years' work experience in the banking industry preferred.