Banking Audit Specialist

2 weeks ago


Michigan City, Indiana, United States Horizon Bank Full time
Job Summary

The Quality Control Auditor plays a crucial role in executing mortgage lending quality assessments on a regular basis, adhering to secondary market standards. This position involves conducting audits as per a defined schedule and aiding in the formulation of findings reports.

Key Responsibilities

Carry out audits by creating work papers and supplementary materials that fulfill departmental and professional standards. Prepare audit reports that encapsulate findings and recommendations for management and the Audit Committee. Proactively adjust testing plans in response to shifts in the bank's operational landscape, including regulatory updates. Collaborate with both internal and external auditors and regulatory bodies as required.

Represent Horizon Bank professionally to both internal and external stakeholders through courteous communication, whether in person, in writing, or over the phone. Ensure compliance with all relevant regulations, including the Bank Secrecy Act (BSA), maintain documentation quality, and manage the volume and timeliness of audit activities. Uphold the confidentiality of customer and account information diligently. Demonstrate Horizon Bank's commitment to community engagement through active participation in local initiatives.

Essential Duties
  • Conduct quality control reviews of secondary market activities, including post-closing, pre-funding, servicing, and analysis of denied loans to ensure compliance with secondary market regulations and applicable laws.
  • Draft quality work papers that substantiate the results of audit-related testing.
  • Assist in compiling reports that detail findings and suggest corrective actions for identified issues.
  • Contribute to the development and upkeep of internal audit and quality control policies and procedures.
  • Maintain comprehensive records related to internal audits.
  • Perform additional audit and compliance testing as needed.
  • Participate in training programs pertinent to job responsibilities and necessary for maintaining professional credentials.
  • Provide management with regular reports as instructed.
  • Ensure compliance with established regulations, policies, and procedures. Report any suspicious activities or unusual occurrences to a supervisor. Safeguard customer trust by maintaining confidentiality.
  • Engage in ongoing training related to skills, compliance, risk management, and security as required for the role and apply this knowledge in daily tasks.
  • Undertake other assigned duties and projects.
Qualifications & Skills
  • A two-year degree in business or finance and a minimum of one year of relevant experience, or equivalent. Previous experience in auditing and banking is preferred.
  • Familiarity with banking regulations, including mortgage underwriting and guidelines from Fannie Mae, FHA, and USDA. A strong commitment to continuous learning is essential.
  • Excellent written, verbal, and interpersonal communication skills are necessary. Ability to convey information with professionalism and tact.
  • Strong analytical, research, and problem-solving abilities.
  • Demonstrated customer service orientation, characterized by a friendly demeanor and high integrity. Must be trustworthy, conscientious, and self-motivated, with strong organizational skills.
  • Capability to work independently as well as collaboratively within a team.
  • Proficiency in Microsoft Office applications, particularly Word and Excel.
Core Competencies
  • Analytical Thinking
  • Risk Assessment
  • Attention to Detail
  • Time Management
  • Regulatory Compliance
  • Written Communication
Physical Requirements

Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions in compliance with the Americans with Disabilities Act (ADA).

Physical Demands:

Percentage of Time:

Communicate effectively with customers and team members regarding banking transactions and issues. Capable of exchanging accurate information and presenting details to groups.

75% - 100%

Verify the authenticity of financial documents and customer identities. Observe actions to ensure safety and security.

75% - 100%

Operate office equipment such as computers, calculators, and printers.

75% - 100%

Move around the office to access files and equipment.

50% - 100%

Analyze and interpret business documents and regulations. Capable of writing reports and manuals.

50% - 75%

Remain stationary as required.

50% - 75%

Occasionally reach for items up to 6 feet high.



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