Collateral Exception and Administration Specialist

Job Summary Gather, monitor, and analyze risk data to determine whether risks are within approved risk appetite. Identify trends, issues, or exceptions that may require additional investigation or escalation. Extract, combine, and summarize data from multiple sources to produce standard and moderately complex reports. Prepare clear reports, documents, and summaries using standard office software and business applications. Provide information and clarification on existing procedures, processes, and precedents. Apply organizational policies, procedures, regulatory requirements, and codes of conduct to ensure work is compliant. Obtain supervisor or manager approval for any exceptions to mandatory procedures. Support business processes by using standard technology tools and systems effectively. Participate in training, coaching, and development activities to strengthen technical and professional capabilities. Maintain awareness of relevant technology, regulations, industry practices, and risk management standards.

Essential Duties And Responsibilities

• Analyze data trends and translate findings into actionable reports and recommendations.
• Identify, assess, prioritize, and manage operational, project, and risk-related issues.
• Create clear, effective reports and business communications for stakeholders.
• Use standard office software, reporting tools, and business systems with minimal supervision.
• Organize, protect, and process data to support business objectives.
• Evaluate potential solutions by considering benefits, costs, stakeholder needs, and overall business value.
• Support project readiness, testing, and implementation activities, including test script development and validation.
• Model and assess risk scenarios, including potential impact, probability, and recommended response.
• Communicate clearly, request actions, and support planning or policy-related discussions.
• Plan, organize, and prioritize work to meet business objectives efficiently.
• Work independently while providing technical guidance to others as needed.

Knowledge, Skills, And Abilities

• High School Diploma or equivalent; post-secondary degree preferred.
• 2-4 years of professional work experience including previous bank operations or financial services experience.

This is the pay range that Magnit reasonably expects to pay for this position: $18.10/hour - $24.14/hour

Benefits: Medical, Dental, Vision, 401K