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SECU · 20 hours ago

Document Review Specialist

Wake Forest, NC

Full-time

Hybrid

Entry, Mid Level

1+ years exp

SECU is a credit union that believes in the philosophy of "People Helping People." They are seeking a Document Review Specialist to conduct post-closing audit reviews of loan documentation within the real estate loan delivery process, ensuring compliance with regulatory guidelines and internal policies.

AccountingBankingFinancial Services

Responsibilities

Complete audit review of executed real estate closing packages and supporting loan documentation to verify regulatory compliance and SECU policies, ensuring fair and responsible lending as well as accurately secured lien-position and collateral. This includes TILA and RESPA (TRID/Regulation X and Z)

Audit SECU closing fees and escrow related disbursements against the closing settlement disbursement summary and executed Closing Disclosure/HUD. Report any discrepancies discovered and verify with the appropriate closing agent where discrepancies should be refunded or expensed during loan booking. Re-disclose documentation as necessary in compliance with Truth-in-Lending regulatory guidelines

Account for trailing documentation and corrections, maintaining clear and concise record keeping of all executed real estate closing packages and outstanding correction items through consolidated department tracking databases. Record keeping will also include filing and organization of all physical documentation prior to permanent storage

Communicate with internal departments and external closing agents to resolve documentation discrepancies and submit any documentation in need of re-execution to the appropriate closing agent

Field incoming inquiries regarding closing documentation and loan disbursements from members, internal departments, and closing agents

Qualification

Federal Regulatory GuidelinesBanking ExperienceMortgage Origination SystemsMicrosoft AccessMicrosoft ExcelAdobe AcrobatData InterpretationCommunication Skills

Required

Required Education: Associates – all fields of study acceptable. Additional three years of relevant experience can be considered in lieu of degree

Minimum 1 year prior banking experience or equivalent. Equivalent experience in a non-banking work environment can be considered at hiring manager discretion

General understanding of Federal Regulatory Lending Guidelines including Regulation B (ECOA), Regulation Z (TILA), Regulation P (GLBA and CFPB), and UDAAP guidelines

Ability to gain understanding of additional Federal Regulatory Lending Guidelines including but not limited to Regulation C (HMDA), Regulation X (RESPA), the Biggert-Waters Act and HFIAA, and Regulation H (SAFE Act)

Ability to gain understanding of State Specific Regulatory Lending Guidelines including the Georgia Residential Mortgage Act and North Carolina General Statutes 41A-4 and 45A-5

Ability to enter and interpret data with Mortgage Origination and Servicing Systems

Ability to enter and interpret data across the Microsoft suite of software, especially within Access and Excel

Familiarity with Adobe Acrobat and ability to scan, read, open, comment, and save PDF documents

Ability to navigate phone queue software

Preferred

Preferred Education: Bachelor's in business, Economics, Mathematics, Scientific or related field of study

2 years prior banking experience including at least 1 year prior experience in a lending related role such as loan origination and/or underwriting (consumer or real estate), loan closing, loan post closing, or loan servicing

Company

SECU

Glassdoor3.4

Even though we're North Carolina's largest credit union, we're still just "people helping people." We currently serve over 2.6 million members through more than 270 branch offices - and growing! Members have 24/7 access to account services from over 1,100 ATMs, as well as via phone, our website, and the SECU Mobile App.

Founded in 1937

Raleigh, North Carolina, USA

5001-10000 employees