Quality Control and Compliance Specialist

6 days ago


Raleigh, North Carolina, United States Local Government Federal Credit Union Full time

Civic Culture

Our organizations believe we can all do well by doing good. We value the contributions of diverse minds and prioritize the success and well-being of our employees.

We are recruiting bright, energetic, and talented people to be members of our team. In return, we offer a dynamic workplace that presents opportunities for professional advancement and individual growth.

About the Position

The Collateral and Quality Assurance Specialist assists in the daily monitoring and servicing as it relates to all consumer, mortgage, and commercial collateral management, insurance, and post-closing loan documentation review.

This position will liaison with various business units that touches all collateralized loans including but not limited to research, lien perfection, reporting and tracking processes, and resolving collateralized loan issues.

Normal Day-to-Day Work

  1. Provide daily operational support for collateralized consumer and commercial loans to ensure lien and titling needs for all portfolios are properly handled and that all related tasks including preparation of necessary paperwork for title transfers, payoffs, follow ups, letters of guarantee, and member correspondence is satisfactory.
  2. Process and monitor a properly perfected security interest for collateral securing consumer and commercial collateralized loans in accordance with Credit Union policies and procedures and best practices and that liens are released when required as well as processing applicable Uniform Commercial (UCC) Financing Statement to appropriately secure our lien position or terminate our security interest on non-titled collateral securing a consumer or commercial loan.
  3. Assists in monitoring, reviewing, and validating periodic collateral reports and system output and resolves/escalates issues as appropriate. Provides reconciliation and identification of pattern activities or anomalies in reports and notifies management.

Requirements

  • Minimum 1-3 years of experience in consumer and commercial loan real estate and non-real estate.
  • Experience with consumer loan and documentation procedures, policies, regulations, and laws, in addition to knowledge of bankruptcy and consumer law.
  • Ability to multi-task, prioritize, and accept change and function in a team environment.

Estimated Salary: $65,000 - $85,000 per year



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