The posting
General Position Scope:
The Loan Auditor is responsible for reviewing and auditing commercial and consumer loans to ensure compliance with bank policy and federal regulations.
Duties and Responsibilities:
Audit loan documentation, supporting documents and disclosures on all loans based on established guidelines and policies. Ensure loans are audited with accuracy and consistency. Perform a system check-back of loans to ensure loans are loaded correctly. Load exceptions to policy and regulatory compliance into exception tracking system. Communicate with branch personnel regarding loan documentation, exceptions and trailing documents. Maintain accurate database for retention of original promissory notes. Perform back-up duties for other areas in the department as required. Assist with Special Projects and/or Internal/External audits as needed. Provide support to Senior Loan Auditor and Insurance Services. Ability to work independently to ensure reports are reviewed and processed in a timely manner. Ability to prioritize daily workload while performing multiple tasks. Ensure Promissory Notes are properly logged and monitored. Maintain a thorough knowledge of Bank products, services, policies, procedures, and appropriate regulatory issues as related to daily job functions including but not limited to: Bank Secrecy Act; Privacy Act; Fair Lending Act; Regulation E, etc. Complete required compliance training and adhere to the Bank’s standard of Conduct. Participation in the bank’s High-Performance Rewards Connections program. Make referrals to the Mortgage Center and Wealth Management.
Position Requirements:
Bachelor’s Degree preferred Two or more years of banking experience, with loan document experience General computer and typing experience with Microsoft Office Suite, to include Excel, Word, and Outlook Strong organization skills Excellent verbal and written communication skills Ability to make difficult decisions and handle multiple tasks.
