Quality Assurance Loan Specialist I

B

Bar Harbor Bankshares

Posted 3 months ago

Full Time

Bangor, Maine

In Person

Smart Summary

Responsibilities

The role involves performing complex verification tasks for loan accounts, modifications, and HELOCs to ensure compliance with bank policies. It also includes indexing documentation to Synergy and collaborating with branches to resolve account issues.

Qualifications

You have a high school degree or equivalent and general knowledge of banking products and services. You demonstrate an aptitude for customer service, problem-solving, and adapting to changing priorities, with an understanding of cross-departmental functions.

Must Have Skills for ATS

Synergy

Consumer Loans

Loan Modifications

HELOC

Rate Changes

Job Description

Quality Assurance plays a crucial role in banking by ensuring proper documentation for accounts and loans. It conducts various complex verification tasks to support all products, ensuring compliance with bank policies and regulations, as well as the completeness of documents and account modifications. Quality Assurance is a vital part of the Bank’s Compliance Team.

               The Quality Assurance Loan Specialist I must have general banking knowledge and be detail orientated.  Knowledge of lending regulations, compliance and/or secondary market eligible loans is a plus but not required.

Responsibilities (Essential):

  • Performs verification of changes and additions made to all loan accounts
  • Review High Dollar and Two Signatures checks daily
  • Consumer Loans Review
  • Loan Modifications Review
  • HELOC Review
  • Rate Change Reviews
  • Ensures document retention standards are met by indexing documentation to Synergy
  • Works closely with branches and departments to resolve questions and/or issues

Provide back up to other Quality Assurance Specialists and records as needed Comprehend and adhere to federal banking regulations in accordance with Bar Harbor Bank & Trust’s policies and procedures. 

Responsibilities (Marginal):

  • Perform other duties as requested.

Required Education & Experience:

  • Minimum of a high school degree or the equivalent
  • General knowledge of Bank products and services
  • Understanding of cross-departmental functions
  • Self-motivated with a demonstrated aptitude and desire for customer service.
  • Embraces Brand Behaviors and Guiding Principles
  • Demonstrated ability to solve problems and acclimate quickly to changing priorities; multi-tasking

Physical Demands and Work Environment:

Physical Demands: General office environment. This role requires prolonged periods of sitting and looking at a computer screen; repetitive motion of wrists and fingers; talking and hearing; the ability to lift/move 50 pounds.

Work Environment: General office environment. 

Schedule Expectations:

Monday – Friday 8-5

Required Travel:       

Some travel may be required. Must be flexible to travel to other Bank locations as needed.

AAP/EEO Statement:

Bar Harbor Bank & Trust is an Equal Opportunity Employer, Minority/Female/Disability and Protected Veteran.  These are the requirements for an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential responsibilities.

B

Bar Harbor Bankshares

Founded in 1887, Bar Harbor Bank & Trust is a true community bank offering a full-range of financial services for individuals, families, businesses, and non-profit organizations. We operate more than 60 locations across Maine, New Hampshire, and Vermont. We pride ourselves in recognizing, appreciating, and supporting unique people and culture in the places we call home. As a company, we value community service, both to raise funds for worthy causes and to foster a spirit of teamwork and a special sense of place in our communities. Our employees volunteer hundreds of hours as members of local non-profit boards, as coaches of youth teams, and as participants in community events. We are immensely proud of their accomplishments and salute them for all they do. Bar Harbor Bankshares (NYSE American: BHB) is the parent company of Bar Harbor Bank & Trust. Bar Harbor Bank & Trust also operates the wholly owned subsidiary of Bar Harbor Wealth Management, offering clients trust and wealth management services. Bar Harbor Financial Services (a branch of Osaic Institutions, Inc.) provides services as an independent third party broker. Our career opportunities can be found at www.barharbor.bank/careers. Our Mission Statement Bar Harbor Bankshares, an independent community banking organization, encourages and supports the personal and professional development of its employees, dedicates itself to consistent service of the highest level for all customers, and recognizes its responsibility to be an active participant in, and advocate for, community growth and prosperity. Member FDIC
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