Collateral QC & Compliance Analyst

Collateral QC & Compliance Analyst

General Summary:

Assists
with the collateral review quality control ("QC") function by performing the QC
reviews for loan servicing reviews, lower risk residential reviews and by re-reviewing
work already performed by the collateral review team analysts to ensure
accurate and consistent findings. Communicates with Members to coordinate the initial steps in the
collateral review process. Provides
support to the Loan Review Manager and VP of Credit Services by performing a
variety of departmental tasks, as needed.

Principal Duties and
Responsibilities:

• Performs quality control procedures on loan servicing review and lower risk residential collateral review reports and supporting working papers. Ensures clarity, conciseness, relevance, and consistency in the communication of review findings. Validates report findings are well supported in working paper documentation and departmental standards are met.
• Assists with the collateral verification quality control function by sampling and re-reviewing analysts' work, documenting the findings and reporting areas of concern to the Loan Review Manager and VP, Credit Services.
• Communicates with FHLB Members to coordinate the initial steps in the collateral review process, including the request and reconciliation of reported loan data and the preparation of loan samples for collateral verification reviews.
• Performs analysis on loan level information documented during collateral reviews to ensure the consistency and accuracy of data collected by the credit risk review team
• Assists with collateral verification and loan servicing review activities at member locations depending on departmental resource needs.
• Monitors departmental compliance with the Bank's end user computing policy.
• Monitors departmental compliance with records information management policy.
• Performs these and other duties as requested by management.

Minimum Knowledge,
Skills and Abilities Required:

• Knowledge at a level normally acquired through completion of a Bachelors Degree in Business Administration, Banking, Finance or a related field.
• Three years of experience in residential or commercial mortgage loan underwriting, operations, servicing, and/or quality control related activities.
• Ability to interact with Bank staff and outside personnel in a professional and tactful manner, handle sensitive information while maintaining integrity and continually demonstrates tact and diplomacy.
• Effective oral and written communication skills.
• Ability to work independently and to prioritize work assignments. Ability to research, identify and implement solutions to a variety of administrative problems.
• Demonstrated proficiency with a personal computer, including a working knowledge of application software. Proficiency with Microsoft applications (i.e. CoPilot, Excel, Word, PowerPoint, SharePoint) required.
• Demonstrates interest in working with a variety of backgrounds and perspectives that align with the Bank's core value. Promotes an environment of empathy and respect to ensure the inclusion of all team members.
  
  

Working Conditions:

Flexibility
in working outside normal business hours. Travel outside of the Cincinnati area will not normally exceed 15%.

Notation: This
position has been identified as "high risk" as outlined in the Bank's
Background Check policy. Individuals occupying this position will be required
to submit to a background check biennially. Such repeat background check(s) are considered a "condition of continued
employment".