Perform post-close QC reviews of closed loans to ensure accuracy and file completeness after 1st and 2nd reviews by the LA and LO. Review loan booking for accuracy and consistency with approved terms.
Requirements Summary
PHYSICAL DIMENSIONS: Light Work: Exerting up to 20 pounds of force occasionally, and/or a negotiable amount of force frequently or constantly to lift, carry or otherwise move objects.
Technical Tools
OtherQc Specialist
GENERAL SUMMARY:
The Post-Close Quality Control (QC) Specialist is responsible for conducting comprehensive post-close reviews to ensure loan documentation accuracy, proper booking, and regulatory and policy compliance. This role plays a critical part in confirming that collateral, filings, and insurance coverage are properly perfected, released, or tracked following loan closing.
RESPONSIBILITIES AND DUTIES:
Perform post-close QC reviews of closed loans to ensure accuracy and file completeness after 1st and 2nd reviews by the LA and LO.
Review loan booking for accuracy and consistency with approved terms.
Conduct general ledger (GL) reviews to confirm proper fee placement and movement
Review and clear ticklers to ensure required post-close items are documented and satisfied
Verify final deeds of trust, assignments of rents, UCC filings, and related documents have been properly signed, notarized, and perfected.
Confirm releases have been obtained from prior institutions when applicable
Ensure required insurance policies have been obtained and properly documented according to policy.
Confirm lien perfection or is actively tracked until completion
Identify and escalate deficiencies, discrepancies, or risks for resolution
Complete additional QC-related reviews and assignments as needed.
Tickler review for proper documentation dates and next due dates.
Track deficiencies for reporting and training needs.
Assist with various other tasks as assigned.
KNOWLEDGE, SKILLS, AND ABILITIES:
Prior experience in loan administration, operations, loan documentation, QC, or post-close review preferred
Strong understanding of loan documentation, collateral perfection, and banking processes
High attention to detail and ability to identify risk and discrepancies
Strong organizational and time-management skills
Ability to work independently while meeting deadlines in a regulated environment
Intermediate to Advance skills with Microsoft Excel Spreadsheets
Knowledge of bank operations, policies and procedures.
Skill in communicating effectively with management and co-workers.
Ability to solve problems.
Ability to work as a team player.
Ability to adjust with change.
EDUCATION AND EXPERIENCE:
High School diploma or equivalent experience in banking.
Work Environment
This role collaborates closely with loan admins, lenders, and compliance teams to ensure closed loans meet internal standards and regulatory requirements.
PHYSICAL REQUIREMENTS:
PHYSICAL DIMENSIONS:
Light Work: Exerting up to 20 pounds of force occasionally, and/or a negotiable amount of force frequently or constantly to lift, carry or otherwise move objects. Job involves sitting most of the time and walking and standing some of the time.
NOTE: The statements herein are intended to describe the general nature and level or work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills, required of personnel.
