Career Opportunities with FirstBank

Tennessee’s premier community bank, dedicated to meeting our clients’ needs – big and small.

Careers At FirstBank
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FirstBank is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities.

Mortgage QC Review Specialist

Territory: Birmingham, AL

Summary:

Primary function is to complete Pre-Close QC audits as requested to ensure compliance from all parties.  This position will ensure FirstBank employees are adhering to all underwriting policies in regard to our credit risks by documenting any significant trends or climate changes to our business.  The QC Review Specialist will work closely with all Lines of Business of First Bank Mortgage and our business partners. Primarily will conduct pre-funding reviews of all types of residential loans (Conventional, FHA & VA) in accordance with the bank’s Quality Assurance program and accepted agency Quality Control standards. Responsible for ensuring that the loans are of investment quality, were processed and underwritten according to FirstBank’s policy as well as secondary market, investor guidelines, and will comply with all applicable federal and state laws / regulations.

 

Essential Duties and Responsibilities include the following:

  • Complete a thorough review of the underwriting, credit and closing files according to FirstBank’s QC checklist.
  • Assist with collection of data for deficiencies needed to clear any discrepancies.
  • Assist team with uploads to outside QC Vendors, i.e., FHLMC, FNMA, MI companies and investors
  • Perform risk analysis and make decision regarding deficiencies identified during the review process.
  • Review and analyze mortgage applications, credit reports, appraisal, income and asset documents to determine accuracy and completeness per guideline requirements.
  • Perform a data integrity review for loans underwritten with DU or other automated underwriting systems.
  • Analyze data to detect deficient controls, identify transaction components that indicate a potential for fraud (or material misrepresentation) and perform sufficient investigative work to confirm or disprove issues that are identified.
  • Ability to read, analyze and interpret financial reports and/or legal documents.

Qualifications 

To perform this job successfully an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience

  • College degree preferred- or equivalent work experience in the financial industry
  • 5+ years Mortgage Experience Required-DE and VA designation desirable
  • Working knowledge of various consumer compliance regulations
  • Proficient 

Language Skills

Ability to effectively present complex information in a simple, logical, and brief manner and respond to questions from groups of managers, clients, customers, and general public. Positive communications skill required.

Mathematical Skills

Must have excellent analytical/problem solving skills. Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.

Reasoning Ability

Ability to compute practical self- employed analysis along with calculating ratios and defining underwriting risks.

Computer Skills

To perform this job successfully, an individual should have knowledge in Excel, PowerPoint, Word and Microsoft Access.

Other Skills and Abilities

  • Must be a clear communicator
  • Ability to handle multiple tasks in a time sensitive manner
  • Mortgage skills preferred
  • Experience with Encompass, required
  • Experience with MortgageBot, preferred

All statements are intended to describe the general nature and levels of work assigned to the job and are not intended to be an exhaustive list of all responsibilities, duties and skills required for personnel classified within the category.

 

 

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