Business Unit Quality Control Specialist
At Regions, the Business Unit Quality Control Specialist provides quality control oversight and support sampling specific decisioning to ensure a business group's adherence to internal procedures and regulatory guidelines and established laws are met.
Primary Responsibilities
- Performs a review of specific business activities to ensure policies and procedures were followed and documents were appropriate and executed properly
- Reviews assigned samples and determines if associates followed the departmental procedures, Regions' policies and Federal and State regulations
- Applies knowledge of the Business Unit's system of record for completeness and accuracy
- Completes reviews ensuring applicable compliance oversight is documented in the system
- Enters final decision along with supporting information into the Quality Control System communicating results to internal business groups for feedback
- Assists in problem solving, researching and formulating responses to the business group due to errors for regulatory ineffectiveness
- Ensures compliance to department, agency, bank and federal guidelines and procedures to mitigate risk
- Works under limited direction and / or supervision
This position requires the tracking of time and is eligible for overtime hours worked in excess of 40 per week under the Fair Labor Standards Act.
Requirements
High School Diploma or GEDSeven (7) years of quality control, quality assurance, compliance, audit, banking, underwriting or related experiencePreferences
Previous quality control experienceSkills and Competencies
Ability to learn regulations impacting a specific line of businessAbility to multi-task and set prioritiesAbility to research, review information, and summarize factsAbility to work under pressure and meet deadlinesAdvanced in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)Advanced knowledge of areas of supportDetail orientedKnowledgeable of all applicable regulations, agency guidelines and laws governing the business groups supportedKnowledgeable of bank systems and tools to perform reviews in quality controlProficient verbal, written communication, and organizational skillsAdditional Job Description
This position may be filled at a higher level depending on the candidate's qualifications and relevant experience.
Execute series of Consumer Real Estate Origination / Fulfillment quality control audits, on a sample basis, to ensure effectiveness of processes / transactions are being conducted as intended and in alignment with operational and compliance risksCite exceptions, as needed, and perform trend analysis on key exceptions to ensure recurring issues are identified and escalatedEnsure compliance with investor quality control requirementsMonitor HMDA Data Quality in support of quarterly filings to include data cleanup and system change requests as needed.Position preferred skills :
Skilled in Real Estate Underwriting product requirements.Position Type : Full time
Compensation Details
Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include : experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.
The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.
Job Range Target :
Minimum : $50,500.00 USD
Median : $63,620.00 USD
Incentive Pay Plans : This job is not incentive eligible.
Benefits Information
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.
Paid Vacation / Sick Time401K with Company MatchMedical, Dental and Vision BenefitsDisability BenefitsHealth Savings AccountFlexible Spending AccountLife InsuranceParental LeaveEmployee Assistance ProgramAssociate Volunteer ProgramPlease note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time.
Location Details
Location :
Riverchase Operations Center
Hoover, Alabama
Equal Opportunity Employer / including Disabled / Veterans