What are the responsibilities and job description for the Loan Operations Quality Control Admin position at Banesco USA?
Job Description
Job Description
Job Title
Loan Operations Quality Control Admin
Banesco USA is seeking a Loan Operations Quality Control Admin for our Loan Operations Business Unit.
Primary Job Duties :
- Responsible for conducting internal quality control audit in the loan operations department and reviews and modifies the daily work and file maintenance to ensure the integrity of loan portfolio and prevent loss.
- Responsible for identifying errors and discrepancies in residential and commercial loans prior to booking and funding in order to mitigate risk and prevent loss.
- Responsible for preparing a log for the tracking of errors, the source of the error (employee, system etc.) and managing the resolution of the errors, prior to loan closing.
- Review daily reports including but not limited to residential and commercial pipeline reports, exception items, new loans, loan file maintenance and transactions, to assure control and integrity of the loan transactions posted.
- Responsible to ensure review of the real estate taxes, insurance required, title commitment and appraisals are ready to be input in the system and information to be tracked for all items is correct or corrected prior to submitting to the core systems.
- Review and update n-CINO, Encompass, Errors and Pipeline Log and other related reports on a weekly basis and analyze discrepancies and pending items.
- Review and analyze recurring errors in the loan operations department to determine if adequate procedures are in place and recommends changes to procedures as needed.
- Review the credit files of new loans to ensure completeness and accuracy prior to closing and before they assign loans / requests to the Loan Operations team.
- Assists the Loan Operations department in gathering the documents for internal and external audits.
- Review processes and recommend improvements as needed.
- This position will cross train and serve as backup for Loan Quality Control Administrator.
- Assist the VP, Loan Operations Officer Loan Operations Asst. Manager or in other duties and projects as assigned.
- Responsible for completing annual training program assigned.
- Performs other functions and / or duties as assigned.
Job Requirements :
Benefits :
About Us :
Banesco USA is part of Banesco International, a worldwide group of financial institutions with a presence in 14 countries.
As a corporation in continuous evolution, we promote the ongoing professional and personal development of our employees, by embracing challenges and adapting to the changing environment of today’s world. We aim to develop integral human beings, committed to making a difference at the workplace and out in the world.
Our actions are rooted in our Values : Reliability, Responsibility, Quality, and Innovation. We believe that we all have the same ability to transform our daily tasks into significant contributions, and therefore, Leave Our Mark.
At Banesco USA, one of our most valued assets is our enthusiastic team, which strives every day to create a world-class organization in an ever-changing world. Together, our team has made us a market leader and we invite you to join us.
LI-HYBRID