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Title

Loan Quality Control Specialist 

Category Bus/Specialty Banking  
Description

Exciting new opportunity in Business/Specialty Banking! The Loan Quality Control Specialist is responsible for both pre and post close review and monitoring of loan files and related lending items. This position will be responsible for ensuring compliance with regulations, Bank Loan Policy and Bank Standard Operating Procedures (SOP). In addition to an accurate and compliant loan, the QC department should assist management with identifying knowledge or process gaps.

Individuals in this position should possess advanced knowledge of lending principles, practices and procedures and have a solid understanding of legal documents as they relate to business and consumer loan transactions.

This position is remote eligible. Individuals may choose to work from a designated home office space or may choose to work onsite at any IncredibleBank branch location in Wisconsin and Michigan.

Duties and Responsibilities

•Performs basic to complex pre and/or post-closing reviews following Bank’s quality control guidelines for business and consumer purpose loans.
•Provides input to SOP and maintains department procedures.
•Conducts reviews and reconciliations relating to properties located in a flood zone.
•Identifies and reports incidences of non-compliance and for determining materiality and identifying control gaps.
•Documents audit findings that contain useful information in the right amount of detail and elicit an appropriate response, including timely corrective action.
•Provides updates, reports, analysis of trending results, audit summaries, along with monthly reports that revealed during a quality control review and distribute to the proper areas of management.
•Makes recommendations and/or solutions to management in order to improve its programs and operations.
•Reviews and performs validation of all loan data subject to HMDA/CRA reporting requirements.
•Demonstrates proficiency in HMDA/CRA reporting and analytic platforms.
•Supporting the Bank’s compliance and risk management efforts and creating management reports summarizing HMDA/CRA lending activity on a periodic basis.
•Maintains HMDA/CRA written procedures.
•Establishing strong partnerships with business partners to ensure effective HMDA/CRA reporting, and data collection processes and controls exists.
•Supporting HMDA/CRA Audits and Testing and Monitoring activity to include annual submission of LAR.
•Staying abreast of regulatory changes impacting HMDA/CRA Reporting.
•Provides approval of flood insurance following the Bank’s compliance guidelines for all loans determined to have buildings located in a flood zone.
•Monitors all loans with properties in flood zones to ensure continuous flood insurance coverage for the life of the loan.
•Staying abreast of regulatory changes impacting Flood rules.
•Performs periodic reviews of compliance processes to ensure process meets regulatory requirements, Bank Loan Policy and Bank SOP and assist in preparation of review finding reports.
•Partners with key business leaders to identify process improvements, efficiency gains and enhanced customer experience.
•Works with post-close audit firms to ensure timely audit responses and reporting.

Job Requirements

Education/Experience

•Five years or more of experience in lending or compliance.
•Or equivalent industry training- experience related to business/consumer loan servicing and documentation.
•Paralegal experience preferred.
•Two or more years of experience in HMDA and CRA reporting requirements.

Software Skills

•To perform this job successfully, an individual should have basic computer knowledge.

 
Location Remote  
About the Organization At IncredibleBank, we believe in our employees, our customers, and the impact we make in our communities. When your name is Incredible, it's a lot to live up to! And we feel it.

Because of that, we continually look to raise the bar, expect more out of ourselves and each other, break out of "traditional banking," and make our mark in an industry that needs a good shake-up! It's #HowWeIncredible  
EOE Statement IncredibleBank is an Equal Opportunity Employer. We will consider applicants for our positions without regard to any category protected by applicable federal, state, or local law, including but not limited to: race, color, religion, sex, gender identity, sexual orientation, pregnancy, age, national origin, physical or mental disability, military or veteran status, genetic information, or any other protected classification.  

This position is currently not accepting applications.

To search for an open position, please go to http://IncredibleBank.appone.com



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