Loan Quality Assurance Team Lead
4 weeks ago
Sandy Spring Bank is a leading financial institution in the Greater Washington region, committed to enriching the lives of its clients and communities for over 150 years.
We are a growing organization that values creating real experiences for our employees, clients, shareholders, and communities. Our employees play a vital role in shaping who we are as a company and upholding what matters most to us: people and relationships.
Job SummaryWe are seeking a highly skilled Loan Quality Assurance Team Lead to join our team. This individual will be responsible for monitoring and reviewing commercial, consumer, and mortgage loans, ensuring proper loan coding and compliance with regulatory requirements.
The successful candidate will have a strong understanding of commercial banking practices, including loan authority, collateral, rate structures, and borrower entity relationships. They will also have experience using personal computer systems, including database, spreadsheet, and word processing applications.
Key Responsibilities- Manage the Quality Assurance team, ensuring high-quality, consistency, and accuracy in loan reviews
- Develop and implement new processes and procedures to improve loan review efficiency and effectiveness
- Collaborate with internal partners in Loan Administration, IT, and Business Process Management to re-imagine the commercial loan review process
- Oversee the quality control review of new, renewed, and modified commercial and consumer loans
- Develop reports and processes to provide efficient quality assurance reviews
- 7+ years of experience in banking compliance, operational risk management, or a related field
- Strong understanding of commercial banking practices, including loan authority, collateral, rate structures, and borrower entity relationships
- Experience using personal computer systems, including database, spreadsheet, and word processing applications
- Advanced problem-solving skills and ability to work independently
We offer a comprehensive benefits package, including competitive market salaries, paid time off, multiple retirement savings options, full health care options, life insurance, health care and dependent care flexible spending accounts, career development opportunities, tuition assistance, and volunteer opportunities.
We are an equal employment opportunity employer and prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
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