CincinnatiOHRecruiter Since 2001
the smart solution for Cincinnati jobs

Consumer Credit Risk QC Analyst

Location: Cincinnati
Posted on: January 14, 2021

Job Description:

GENERAL FUNCTION: A Consumer Credit Risk Analyst works as a leader among team of QC Analysts and performs a wide range of duties related to the re-underwriting of mortgage and consumer loans. The position is responsible for conducting the reviews post closing and will not have lending authority. Performs routine and targeted reviews of selected files to confirm that the loans have been originated in compliance with the BankÆs and investor underwriting requirements and the documentation standards and procedures set forth in the BankÆs Quality Control Program. In addition to routine reviews, the Analyst will be responsible for complex transactions including special investigations, targeted, and high-risk samples.




ESSENTIAL DUTIES & RESPONSIBILITIES:


(SEE ACTUAL JOB DESCRIPTION FOR ALL DUTIES AND RESPONSIBILITIES)


* Re-underwrites originated consumer real estate, non real estate and mortgage loans to confirm the transaction meets published Bank and Investor credit policy requirements. Description of re-underwrite includes:


o Mortgage and Consumer real estate audits consist of complete re-underwrite, specifically reviewing all items pertaining to the approval of the mortgage file. The underwrite includes, but is not limited to: Income calculation for wage earning or self employed borrowers, ratio calculations, data integrity, credit report review, red flag for fraud or misrep review, collateral appraisal review, title work and hud-1 figures. The underwrite includes review of company products and policies which also requires knowledge of archived or dated guidelines as QC review is performed on a lagged basis.


o Consumer business line auto, signature, and bank card audits consists of complete re-underwrites to determine if data was submitted accurately and is documented according to published policies and guidelines.


* QC Analyst is responsible for completing higher level audits on targeted loans which require more complex skills and knowledge.


* Performs re-verification of required documentation. Including (not limited to) completing verbal or written verifications of employment and deposit, ordering IRS transcripts, accessing and reviewing fraud prevention tools, updating credit reports, and appraisal reviews.


* Documents work and research performed. Prepares a clear, concise report of significant findings on a file-by-file basis and inputs these findings into the Quality Control database, to be distributed to appropriate internal parties.


o Responsible for assisting manager in the prioritization of work and delegation of tasks to ensure proper coverage of functions.


* Determines the potential causes of any deficiencies noted throughout the course of the audit. Tracks and escalates trending concerns to QC Manager or Director.


* Completes investigation referrals for submission to Bank Protection upon discovery of any suspicious activity. Assists in any follow up research to assist the investigation.




SUPERVISORY RESPONSIBILITIES: None






Keywords: , Cincinnati , Consumer Credit Risk QC Analyst, PR / Public Relations , Cincinnati, Ohio

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Other PR / Public Relations Jobs


IS Client Consultant
Description: GENERAL FUNCTION: The Client Consultant serves as the primary contact for assigned Institutional Clients with revenue averaging 25,000 annually per client and a total Book of Business averaging up to (more...)
Company:
Location: Indianapolis
Posted on: 01/14/2021

CSR / Teller - Jeffersontown BC - Part Time
Description: p font face Arial Banking Customer Service Representative /font /p br p font face Arial Job Description br / br If you are a dynamic and driven Customer Service Representative who has (more...)
Company:
Location: Louisville
Posted on: 01/14/2021

Emerging Markets MLO-Georgetown Rd.
Description: font face Arial GENERAL FUNCTION: Performs a wide range of duties relating to the origination of residential 1st mortgage loans for branch offices and outside referrals. Meets standards and objectives (more...)
Company:
Location: Indianapolis
Posted on: 01/14/2021


Investment Executive
Description: font face Arial GENERAL FUNCTION: Accountable for overall production, coaching, training, and developing a team of licensed retail bankers. May handle large book of clients with more complex financial (more...)
Company:
Location: Indianapolis
Posted on: 01/14/2021

Commercial Line of Business Manager II
Description: font face Arial GENERAL FUNCTION: Manage Sales Team Leads to ensure department advances the Company''s ability to excel in Commercial Banking results. Typically utilized in large affiliates. Commercial (more...)
Company:
Location: Indianapolis
Posted on: 01/14/2021

CSR / Teller - Okolona BC - Full Time
Description: p font face Arial Banking Customer Service Representative /font /p br p font face Arial Job Description br / br If you are a dynamic and driven Customer Service Representative who has (more...)
Company:
Location: Louisville
Posted on: 01/14/2021

Commercial RM III
Description: font face Arial GENERAL FUNCTION: Under minimal supervision, responsible for managing the bank''s relationship with an extensive existing portfolio of bank customers with a large financial base and (more...)
Company:
Location: Indianapolis
Posted on: 01/14/2021

Mortgage Loan Originator-Chapel Hill
Description: font face Arial GENERAL FUNCTION: Performs a wide range of duties relating to the origination of residential 1st mortgage loans for outside referrals. Meets standards and objectives defined by management (more...)
Company:
Location: Indianapolis
Posted on: 01/14/2021

Retail Personal Banker I- Keystone Banking Center
Description: font face Arial GENERAL FUNCTION: The Personal Banker I is a branch position focused on using the consultative sales process to proactively identify and meet the financial needs of customers or prospects. (more...)
Company:
Location: Indianapolis
Posted on: 01/14/2021

Associate Portfolio Manager
Description: font face Arial GENERAL FUNCTION: Provide support to a few relationship managers, with small portfolios, in their daily duties in underwriting and monitoring credit, existing and proposed credit requests, (more...)
Company:
Location: Indianapolis
Posted on: 01/14/2021

Log In or Create An Account

Get the latest Ohio jobs by following @recnetOH on Twitter!

Cincinnati RSS job feeds