Quality Control Specialist

Department/Location: Compliance / TBD

Employee Reports to: Compliance Officer

FLSA: Hourly; Non-Exempt position

Status: Full-Time 76-80 Hours

Rate of Pay: Grade 16 / $21.93 - $32.25 per hour

Summary/Objective: Assists in auditing new loans, performing loan file quality control by reviewing loan documentation to ensure quality of underwriting, regulatory compliance, and adherence to Timberland Bank’s loan policies.

 

Essential Job Functions:

• Acts as primary backup for Quality Control Supervisor.


• Audits new loan files for documentation and other exceptions.


• Reviews HMDA and other data for accuracy and maintains Loan Application Register.


• Performs quality assurance audits and reports findings to respective loan officers, closers, underwriters, the compliance officer and senior management.


• Tracks responses and corrective action for quality control and audit findings.


• Maintains quality control and other databases.


• Stay current with all regulatory, investor, and company lending guidelines.


• Assists in performing on-site loan compliance audits.


• Other duties as assigned.