What are the responsibilities and job description for the Commercial Credit Proposal QC Specialist position at Dexian?
JOB DESCRIPTION
Commercial Banking – Wholesale Lending Service – Structured Products
Wholesale Lending Services (WLS) exists within Commercial Banking and provides lending servicing functions to each of the firm’s four lines of business. These functions include loan documentation, closing and funding, payment and fee processing, syndicated/bilateral loan, trade processing, credit administration, and collateral perfection and management.
The Credit Proposal Quality Control team is responsible for supporting an evolving landscape of client expectation and product complexities. Wholesale Lending Services’ goal is to provide best in class products and services to our clients that are of the highest level of quality. To meet these standards the Credit Proposal QC Specialist will be responsible for the delivery of quality reviews performed on credit proposals for new or existing credit facilities. The Specialist will evaluate, identify, and report any inconsistences between the supporting documentation relative to the proposal data entered into the credit risk system.
Key responsibilities:
- Perform quality reviews across key credit processes focusing primarily on credit proposals
- Analyze facility set ups in iCRD to ensure they align with the data found in the supporting documentation
- Build expertise over time and be able to apply foundational principles to additional disciplines
- Ensure proper controls are in place and updated accordingly to minimize operating risk
- Ensure organizational requests, queries, and issues sent to the team are actioned accurately and timely
- Manage and monitor production queues, exception reporting, and KPI’s
- Engage technology partners to help drive database functionality or stability improvements
- Build effective relationships with Operations, Credit, Control, and Technology
- Prepare ad hoc reports for the control organization, audit, or business partners when requested
- Research, analyze and assimilate data as required for various projects
- Assist with the implementation of CORE
- Participate in discussion aimed at improving the overall quality environment within WLS
- Participate in internal working groups as required representing the QC team
- Actively participate in organizational initiatives working with other team members
- Ability to quickly interpret credit approval requirements in relation to Risk Policies and consistently apply the requirements within daily activities
Qualifications:
- Bachelor’s degree with 1-3 years of financial services, audit, accounting control, regulatory, compliance, or equivalent experience is preferred
- Financial services industry knowledge with regulatory practices, including lending, loan processing, and support operations
- Demonstrated decision-making skills
- Working knowledge of credit products such as revolving lines of credit, term loans, commercial cards, letters of credit
- Accurate and attentive to detail
- Ability to review and interpret information, consume it, and apply it
- Strong oral and written communication skills
- Analytical mindset with the ability to probe sensitive issues while maintaining the highest level of integrity and objectivity
- Ability to organize and prioritize work; handle multiple tasks concurrently
- Productivity and flexibility through shifting priorities and deadlines
- Ability to operate in team-oriented environment sharing information with colleagues and management
- Intermediate use of Microsoft Word, Excel, Access is a plus
- Familiarity with ICRD, Party Central, I-Vault, DealWorks, CRRT is a plus
- Experience reading and interpreting loan and/or compliance documentation is a plus
Dexian is an Equal Opportunity Employer that recruits and hires qualified candidates without regard to race, religion, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, disability, or veteran status.