What are the responsibilities and job description for the Loan Operations QC Specialist position at The Merrimack?
Company: The Merrimack
Title: Loan Operations QC Specialist
Location: Concord, New Hampshire
Position Details: Full Time, Monday-Friday, 8:00AM-5:00PM
FSLA: Non-exempt, payable bi-weekly on Fridays
Pay Range: Hourly rate of pay is negotiable based on experience, with a range of $23.00 to $30.59 per hour
Are you a detail-oriented lending professional who enjoys reviewing loan documentation, identifying discrepancies, and helping ensure accuracy across loan operations? The Merrimack is seeking a full-time Loan Operations QC Specialist to join our team in Concord, New Hampshire. In this role, you will support loan quality control by reviewing new loans, daily maintenance, and interest rate changes to ensure loan data meets established standards, complies with applicable requirements, and reflects loan terms accurately.
Why You’ll Love Working Here
In addition to a competitive salary, we offer a comprehensive benefits package designed to support you both personally and professionally. Benefits include medical, dental, and vision coverage, a 401(k) with company match, paid time off, paid parental leave, tuition reimbursement, professional development opportunities, and the chance to be part of a supportive team that values the work you do every day.
What You’ll Do
- Review new loans, loan maintenance, and loan interest rate changes within established timeframes
- Ensure loan setup and maintenance are completed accurately and in accordance with loan terms
- Review adjustable-rate loan notices to confirm interest rate adjustments align with loan documentation
- Apply applicable regulations, federal and state laws, and investor guidelines to help prevent compliance concerns
- Communicate quality control findings clearly and provide timely feedback to support accurate corrections
- Partner with loan departments to research and resolve discrepancies identified during review
- Prepare reports for management, including reports related to quality standards
- Assist with identifying training needs based on loan review results and support training efforts as needed
- Support loan servicing activities, departmental projects, compliance training, and other duties as assigned
What We’re Looking For
- Three to five years of loan-related experience, including a strong understanding of loan documentation and technical loan components
- Knowledge of consumer, residential, and commercial loans preferred
- Solid understanding of applicable regulations, investor guidelines, loan products, core operating systems, and loan servicing procedures
- Exceptional attention to detail, critical thinking, problem-solving, and independent analysis skills
- Strong verbal and written communication, interpersonal, and relationship-building skills
- Ability to manage multiple priorities and deadlines in a fast-paced, changing environment
- Strong administrative, organizational, computer, Microsoft Excel, and Microsoft desktop application skills
Why Join Us
At The Merrimack, we are committed to building genuine relationships through exceptional customer service, collaboration, integrity, and excellence. We take pride in supporting the communities we serve and creating a workplace where team members can contribute meaningful work every day.
If you’re ready to grow your banking career in a detail-focused role that supports accuracy, quality, and strong lending operations, we’d be glad to hear from you. Join an award-winning team where your contributions, service, and local impact are valued.
We are an Equal Opportunity Employer. This includes veterans and individuals with disabilities.
#merrimackstyle
Salary : $23 - $31