Loan Operations Quality Control Manager

Loan Operations Quality Control Manager

The Loan Operations Quality Control Manager is responsible for the day to day management of a Loan Operations Quality Control Unit. The Units functional responsibilities include callbacks and quality reviews of post-closing loan data and monetary transactions for Commercial & Industrial, Specialized Lending, and Commercial Real Estate loans booked on the FIS loan system to ensure data accuracy, compliance with government requirements, federal and state laws and regulations, risk mitigation and company policies and procedures. Responsibilities include the identification of risk, proposing and implementing quality control process improvements thereof, and directing the performance Quality Control reviews through the use of ad hoc and system reports in order to ensure overall accuracy and completeness of the loan data. Responsibilities also include the training and oversight of Quality Control Unit associates.

Responsibilities include :

• Responsible for the direct management of a Quality Control Unit including but not limited to : hiring, coaching, training, setting performance requirements and goals, developing and delivering scorecards results, metrics, key-man succession plans, and conducting performance reviews.
• Direct loan onboarding and transaction callbacks and quality control related activities to meet established goals and appropriate turnaround time to comply with SOX controls and regulatory requirements.
• Mitigate risk by ensuring through callback and validation that loan data as entered onto the FIS loan system conforms with loan approval and executed loan documents.
• Respond to internal and external audit requests and findings and remediate any identified noncompliant processes or areas of concern.
• Direct performance of self-testing processes to ensure accuracy of data input against source documents.
• Review established quality control processes, propose changes to those processes to address any issues identified during the Quality Control reviews, and implement changes following management approval.
• Perform analysis of issues identified through the loan boarding and / or portfolio validation process to identify root cause of loan data discrepancies, training or process improvement opportunities.
• Perform research on complex transactions, formulate resolutions to Quality Control exceptions or customer complaints.
• Develop required logic for new or enhanced Quality Control reports.
• Design and conduct job related training programs for Quality Control Unit associates.
• Prepare management reports including exception reporting and trends.
• Ensure compliance with all federal, state, local laws and internal Bank policies.
• Perform other duties as assigned.

Qualifications include :

Compensation :

The base pay range for this position is USD $80,000.00 / Yr. - USD $100,000.00 / Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.