Loan Review Senior Analyst Credit Risk in Detroit, Michigan
THE TEAM YOU WILL BE JOINING:
Top 25 U.S. digital financial services company committed to developing award-winning technology and services.
Named one of the top three fastest-growing banking brands in the U.S. in 2020.
Offers a full suite of products including mortgage lending, personal lending, and a variety of deposit and other banking products (savings, money-market, and checking accounts, certificates of deposit (CDs), and individual retirement accounts (IRAs)), self-directed and investment-advisory services, and capital for equity sponsors and middle-market companies.
Where permitted by applicable law, must have received or be willing to receive the COVID-19 vaccine by date of hire to be considered.
WHAT THEY OFFER YOU:
Fast paced, highly collaborative, teamwork-oriented environment
Make an immediate impact in this high visibility role
Base salary of $85-90k with bonus potential and excellent benefits package
Top-notch leadership committed to developing people
Detroit, MI - 100% remote for now, then will sit Hybrid (3 days in office, 2 days remote) when staff transitions back into the office after February.
WHAT YOU WILL DO
Responsible to execute testing for loan reviews; detect, quantify, and report issues as needed.
Identify risks associated with potential issues.
Assist in the development of the loan review scope and testing approach.
Ensure testing is performed in its entirety while meeting timelines for each review.
Ensure documentation and maintenance of work papers are in accordance with Loan Review policy and standards.
Peer review work papers evaluating test results for appropriateness of testing conclusions.
Develop an understanding of our Loan Review approach, methodology and tools/technology.
Maintain regular communication with our Loan Review management, participate in meetings and interact with Business Line(s).
Develop and maintain proactive working relationships with personnel across our company.
Draft reporting documents and assist in preparation of final Loan Review reports.
Ability to identify issues resulting from testing including identifying root cause and risk impacts.
Evaluate the completeness of management's corrective action plans and ensure issues identified during reviews are remediated through management implementation.
Perform ad hoc projects as assigned to analyze our risk and control environment.
Participate in the preparation and analysis of Loan Review's continuous monitoring program.
Participate in the development of data analysis across the consumer lending portfolios.
HOW YOU ARE QUALIFIED:
Bachelor’s degree or commensurate work experience
3+ years of experience within a credit related role such as credit underwriting, risk management, or auditing credit / credit related processes.
Experience in unsecured lending / credit card lending a plus.
Understanding of risk management concepts and key performance drivers within consumer lending portfolios, including unsecured lending / credit card portfolios.
Familiarity with risk and control concepts.
Demonstrates the ability to work collaboratively and effectively at all levels of the organization.