Quality Control Investor Loans Specialist

If you are motivated and believe in the credit union philosophy of "People Helping People," join our team!

Position Overview

SECU is hiring a Quality Control Investor Loan Specialist who will be responsible for various aspects of Investor Loans (Freddie Mac and Fannie Mae - GSE) Quality Control, including audit planning, development of audit scope, and GSE Guideline reviews. This role collaborates closely with business unit management to help identify and notate opportunities with GSE guideline testing. The position will also closely monitor adherence to SECU policies and procedures, along with the second review process conduct within general testing.

Responsibilities

1. 20% The Specialist will assist in the audit planning stage and initial scope review. Document details of planning and walkthrough meetings. Contribute to the development and maintenance of the risk-based audit plan. Develop, document and execute audit test steps in partnership with more senior team members.

2. 25% Evaluate controls within the business units and identify substantive testing, such as test of detailed activities, transactions and analytical review tests within ACES. GSE standard test template reviews monthly to assist manager with up to date changes in accordance to Fannie Mae or Freddie Mac standards. Ability to perform root cause analysis over operational events that are in alignment with both GSE and SECU standards of operation.

3. 25% Document and maintain sufficient supporting information (such as testing material, report generation and review test documentation) and generate the presentation of findings to review with Manager. Identify and discuss audit findings with the QC Investor Loans team. Create and assist with the drafting of the audit reports and other key deliverables.

4. 10% Train and assist in coaching more junior team members on continuous audits and or projects to help with their development.

5. 10% Maintain consistent changing GSE regulation updates and be able to align with all current SECU policies and procedures within Loan Administration.

6. 10% Ability to develop relationships across each Business Unit, Loan Administration and SECU.

Supervision

Internal Relationships

Building strong relationships with internal Loan Administration staff, to include Department Managers and Vice Presidents. Additional interaction with SECU branch personnel to communicate current findings, GSE Updates and SECU policies/procedures.

External and Vendor Relationships

As needed or requested, Quality Control Investor Loans Specialist may need or be asked to assist with ACES test development.

Qualifications

Required Education: HS Diploma or GED - General Studies

Required Relevant Experience: 5 years

Required Knowledge, Abilities, Skills: Knowledge of both Fannie Mae and Freddie Mac underwriting guidelines. SECU operational systems to include ACES, MortgageBot, etc. Complete understanding of all SECU Lending policies and procedures.

Desired Education, Experience, Knowledge, Abilities, Skills: Completion of Credit Union Compliance Expert (CUCE) designation

Special Position Requirements

• Sitting for prolonged periods

• Carrying up to 15 lbs

• Lift up to 15 lbs

• Telephone for prolonged periods

• Computer for prolonged periods

• Must be able to comprehend and carry out verbal and written instructions

• Must b able to comprehend phone calls

SECU provides equal employment opportunity to all qualified persons regardless of race, color, religion, age, sex, sexual orientation, gender identity, national origin, genetic information, disability, veteran status, or other classification protected by law.

Disclaimer

State Employees' Credit Union reserves the right to fill this role at a higher/lower level based on business need.