Loan Operations Internal Audit Analyst

Responsibilities

• Execute internal audits and conduct thorough operational reviews throughout the loan lifecycle, encompassing origination, underwriting, servicing, and collections.
• Spot and address process inefficiencies, operational risks, and control gaps within loan operations.
• Guarantee compliance with internal policies, procedures, and risk management standards.
• Contribute to the enhancement and fortification of internal controls within WBL s lending operations.
• Deliver insightful audit findings along with actionable recommendations to elevate operational procedures and strengthen risk controls.
• Collaborate with management to oversee remediation efforts, ensuring prompt resolution of audit findings.

Technical Skills

• Proficiency in Microsoft Office Suite.

Essential Soft Skills

• Exceptional command of Microsoft Office applications, especially Excel, for efficient data analysis, tracking, and reporting.
• Expertise in reviewing documentation to pinpoint discrepancies or missing elements.
• Robust analytical and problem-solving abilities to evaluate processes and unearth potential risks.
• Skilled in organizing and juggling multiple tasks while maintaining a keen eye for detail.
• Excellent verbal and written communication skills for documenting insights and engaging with internal stakeholders.
• Ability to interpret and apply policies, procedures, and operational guidelines during review processes.
• Comfortable navigating internal systems and operational workflows within a structured environment.

Requirements

• Education: A Bachelor's degree in Accounting, Finance, or a similar field is required.
• Experience: Were looking for candidates with 1 to 5 years of experience in internal auditing, loan operations, risk management, or compliance in the financial services sector.
• Industry Background: Previous experience in banking, financial services, or lending institutions is essential.
• Proficient in: Proficient in commercial lending, mortgage lending, or consumer loan operations.
• In-depth understanding: In-depth understanding of the complete loan lifecycle, encompassing loan origination, underwriting support, documentation review, funding, servicing, and collections.
• Knowledgeable about: Knowledgeable about loan documentation requirements, credit files, and the essential operational controls within lending processes.
• Adept at: Adept at pinpointing operational risks, addressing process inefficiencies, and identifying control weaknesses within loan operations.
• Experience with internal audits, quality assurance, or compliance reviews specifically related to lending operations.

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