Document Control Specialist/Hybrid
Summary
- Ensures quality assurance of the closed and purchased loan files and document management system in accordance with the terms and conditions of the Mortgage Policy/Procedure and Compliance Manuals.
Key Responsibilities
- Conducts comprehensive quality assurance review of prepared closing packages and purchased loan packages, reviewing for compliance and completeness.
- Maintains document management for the Loan Origination system and prepares for the extraction of files for upload to the Servicing system.
- Follows up and clears post-closing deficiencies in a timely manner.
- Coordinates with a third party quality control provider in accordance with State Financial Network’s Quality Control Policy for review of random and targeted selections. Reviews, responds and takes corrective action when appropriate.
- Manages post-closing and quality control audits and monthly reporting.
- Prepares and reviews credit packages for inclusion in loan participations.
- Monitors, tracks, and organizes recorded mortgages and loan policies to ensure mortgage liens are perfected.
- Is responsible for adhering to operational controls, including compliance with all required regulations and policies such as the Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC) to ensure the safety and soundness of the State Financial Network.