Dollar Bank FSB Post Closing Loan Specialist in Canton, Ohio

Job Function/Purpose:

The purpose of the loan specialist position is to perform all functions relating to loan setup for servicing after the loan has been funded. This position must ensure all loans funded by Dollar Bank arrive at our Servicing Center and are set-up on the servicing system within the timeframes required to meet regulatory requirements. For loans originated by the Bank, the position is responsible for receiving and tracking incoming closing packages and for completing the post-closing audit to determine that all conditions of closing have been satisfied and meet investor requirements.


  • High School diploma or GED required

  • Requires two (2) years' experience in closing/post-closing or three (3) years' experience in related areas of mortgage banking

  • Knowledge and understanding of mortgage banking principles, lending requirements, and secondary marketing exceptions and requirements

  • Knowledge of loan documentation and understanding of investor guidelines relative to loan closing and delivery

  • Must have accurate data entry skills

  • Must have excellent mathematical and analytical skills

  • Must be able to manage time efficiently, prioritize tasks, and meet deadlines

  • Must have excellent written, and verbal communication skills

  • Must have strong propensity for detail, accuracy, and work independently with minimal supervision

  • Must be professional and courteous with internal and external customers

  • Working knowledge of Windows and Microsoft Office applications

Principal Activities/Objectives:

  • Perform post closing audits to determine all conditions of closing and underwriting have been satisfied

  • Identify deficiencies through the post-closing audit process and send notification to the designated area/person for the follow-up process to begin.

  • Perform salability audit on Private Banking loans to determine if the loans are eligible for sale and complies with regulatory compliance

  • Follow-up with Dollar Bank, title companies, or others for all closing packages and credit files not received within required timeframes

  • Complete a comprehensive review of information entered through the front end origination system with documents to ensure loans are closed and set-up as they were approved

  • Board all loans to the servicing system via LOI, scripts, or a manual board process. This includes setup of all respective escrow lines on the servicing system.

  • Complete any necessary research to obtain information needed to accurately establish the loan boarding tasks for complete loan setup.

  • Data verification of critical terms and noncritical information

  • Assist in cross-training of appropriate personnel to ensure functions are not impacted during staff shortages.


Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

Address: City Center Tower

Employment Status: Full-time

FLSA: Non-Exempt

Schedule Information: Monday through Friday 8:30am to 5:00pm

Benefits Information: Full-time employees are eligible for a comprehensive benefits package including medical, dental, vision, 401(k) with immediate vesting, tuition reimbursement, and gym membership reimbursement.

Part-time employees qualify for 401(k) with immediate vesting, tuition reimbursement, and gym reimbursement.

For more information, please visit .

EEO Statement: Dollar Bank is an Equal Opportunity Employer.