Loan Reconciliations and Controls Supervisor

Job Description

Job Description

Responsible for the direct supervision and overall control of the data integrity related to loan maintenances and booking (QC), audits, loan general ledger reconciliation and exceptions investigation, department self audits, and core system maintenances.

Responsibilities:

• Supervise loan general ledger exception investigations by staff
• Review and approve loan maintenance cases
• Supervises and oversees daily loan maintenance activities to ensure all booking and maintenance postings are accurately entered into the core system, maintaining the integrity and reliability of the Loan Portfolio data in compliance with SOX control requirements.
• Assist with mass exchange core system updates and errors investigations.
• Assist with core system setting updates
• Participate in the implementation of projects that cover changes to certain Loan Operations applications.
• Report, summarize, assemble and extract information to present to examiners and auditors.
• Coordinate audits with the Department units
• Responsible for department self-audits, ensuring that all processes and procedures are followed and in compliance with regulatory requirements.
• Analyze and recommend stronger and/or more efficient internal controls and practices to achieve goals dealing with loan Operations. Develop and write operations procedures, in conjunction with Loan Operations Management, to assure compliance with applicable laws and regulations impacting Loan Operations.
• Stay abreast of changes to federal regulations that might directly affect the Loan Operations area.
• Assist and supervise staff on a daily basis, administering training as needed.
• Perform other duties as required.

Minimum Education and/or Certifications Requirements:

Associates degree required, Bachelor’s preferred, or years of comparable experience in lieu of education.

Minimum Work Experience Requirements:

5-7 years of loan banking experience, with strong knowledge of all aspects of loan operations. Must have strong knowledge of loan documentation, loan regulations and loan processing/accounting. Bilingual (Spanish/English) preferable.

Functional Skills & Knowledge Requirements:

Superior customer service skills required. Ability to work within a team, ability to work well under pressure and meet tight deadlines. Ability to communicate with all levels within the organization. Must be able to effectively present, delegate and negotiate. Must have previous experience writing business propositions and reports and possess ability to make decisions. Supervisory experience required.