Loan and Deposit QA Specialist

Bridgewater Bank • St Louis Park, MN

7d • Hybrid

About The Position

We are seeking a detail-oriented Loan and Deposit QA Specialist to join our Loan Administration team. Reporting to the Quality Assurance Lead, the Loan and Deposit QA Specialist performs Compliance First Line of Defense reviews in the Loan Administration Department to ensure the bank is accurate and compliant to State and Federal regulations.

Requirements

• 3-5 years of Commercial and Consumer loan processing, documentation and compliance experience
• Loan compliance software experience preferred (Nlending)
• Strong oral and written communication skills
• High attention to detail and in-depth knowledge of rules, regulations and policies relating to loan documentation

Nice To Haves

• Bachelor’s degree preferred

Responsibilities

• Confirms, collects and inputs HMDA and CRA data to ensure it is consistently and accurately gathered and stored as defined by bank policy and procedure.
• Assists in submitting the CRA and HMDA LAR’s.
• Assists in completing compliance reviews to ensure the bank adheres to regulations.
• Performs Adverse Action monitoring elevating issues to leader.
• Administers Flood insurance monitoring to ensure compliance with regulation.
• Adverse Action Letter request and review to ensure compliance with Regulation B.
• Conducts back-up to monitoring of SOX controls.
• Monitors regulatory documentation requirements are fulfilled and uploaded to the imaging system setting exceptions for any missing documentation.
• Presents findings and recommends process changes to improve efficiency and accuracy.
• Assist in writing of procedures and job aids.
• Other duties as assigned.

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Parental leave
• 401(k) with employer match
• Paid vacation & paid holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level