Document Review Specialist

State Employees' Credit Union • Wake Forest, NC

1d • Hybrid

About The Position

The Document Review Specialist conducts post-closing audits of real estate loan documentation under supervision. The role reviews signed closing documents, supporting documentation gathered during loan processing and underwriting, and closing-fee consolidation reports to support compliance with federal, state, and local lending requirements and SECU policies. The specialist manages loans from disbursement through loan boarding and final storage of loan documentation.

The position also reviews closing fees and escrow disbursements, tracks trailing documents and corrections, maintains records and physical files, and communicates with internal departments, members, and external closing agents to resolve documentation issues.

Requirements

• Associate degree in Business, Mathematics, Accounting, Finance, or a related field; three additional years of relevant experience may be considered instead of the degree.
• Two to five years of direct experience in real estate lending.
• General understanding of federal lending regulations, including Regulation B (ECOA), Regulation Z (TILA), Regulation P (GLBA and CFPB), and UDAAP guidelines.
• Ability to gain understanding of additional federal lending regulations, including Regulation C (HMDA), Regulation X (RESPA), the Biggert-Waters Act and HFIAA, and Regulation H (SAFE Act).
• Ability to gain understanding of state-specific lending requirements, including the Georgia Residential Mortgage Act and North Carolina General Statutes 41A-4 and 45A-5.
• Ability to enter and interpret data using mortgage origination and servicing systems.
• Ability to enter and interpret data using Microsoft software, especially Access and Excel.
• Familiarity with Adobe Acrobat and ability to scan, read, open, comment on, and save PDF documents.
• Ability to navigate phone queue software.

Nice To Haves

• Bachelor’s degree in Business, Economics, Mathematics, a scientific field, or a related field.
• Two years of prior banking experience, including at least one year in a lending-related role such as loan origination, underwriting, loan closing, loan post-closing, or loan servicing.

Responsibilities

• Audit executed real estate closing packages and supporting loan documentation for regulatory compliance and adherence to SECU policies, including fair and responsible lending and accurate lien position and collateral; this includes TILA and RESPA (TRID/Regulation X and Z).
• Audit SECU closing fees and escrow-related disbursements against settlement disbursement summaries and executed Closing Disclosures or HUDs; report discrepancies, verify whether they should be refunded or expensed during loan booking, and re-disclose documentation as necessary under Truth-in-Lending requirements.
• Track trailing documentation and corrections, maintain clear records of executed closing packages and outstanding correction items in department tracking databases, and file and organize physical documents before permanent storage.
• Communicate with internal departments and external closing agents to resolve documentation discrepancies and submit documents requiring re-execution to the appropriate closing agent.
• Respond to inquiries from members, internal departments, and closing agents regarding closing documentation and loan disbursements.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree