What are the responsibilities and job description for the Verifications Lead position at OneMain Financial?
Responsibilities
The Verifications Lead will be responsible for helping to lead a team of verifications specialists who provide accurate and timely investigation of sub-prime consumer loan applications. Ensure that critical loan approval stipulations are addressed, resolved and meet company policies. Identify and escalate complex issues as they are identified. Support both a Centralized Sales operation and a dispersed network of 1,800 Branch Offices. Responsibilities and accountabilities will include but are not limited to:
The Verifications Lead will be responsible for helping to lead a team of verifications specialists who provide accurate and timely investigation of sub-prime consumer loan applications. Ensure that critical loan approval stipulations are addressed, resolved and meet company policies. Identify and escalate complex issues as they are identified. Support both a Centralized Sales operation and a dispersed network of 1,800 Branch Offices. Responsibilities and accountabilities will include but are not limited to:
- Establish self as a role model to junior roles regarding all aspects of the verifications job function and provide guidance to junior roles regarding work effort, quality of work, business partner relationship management, etc.
- Foster a high energy, high performing team culture
- Support the QA team when directed by Management regarding special projects or tasks
- Assist with the assessment of training and education of new to achieve a high level of work product
- Complete monthly team QA in partnership with management
- Provide constructive feedback and guide peer work efforts in a respectful and meaningful manner
- Analyze applicable data sets, internal reporting to identify potential compliance violations and process improvements across all Verifications responsibilities and areas of review
- Demonstrate and maintain a strong knowledge of OneMain policy and procedure to identify potential compliance and/or process violations, recommend updates to procedures and policies, and be a source of reference to the management team regarding policy interpretation and application
- Review, maintain and ensure accuracy of team procedures and work with Team to identify and vet discrepancies within the procedures to escalate to management
- Review provided account information and recorded calls as required by assignment and analysis for potential violations and test enhancements
- Effectively navigate Corporate and Partner systems & accurately document accounts
- Clearly communicate all violations to employee’s manager through established and approved feedback channels
- Maintain the development/retention of training processes including but not limited to creation of procedural documentation and hosting training sessions/call calibrations inside the team
- Monitor daily and/or weekly reports, ensuring reports are running properly, and the team has all necessary data for review completion
- Lead meetings with business partners and senior leadership when necessary
- Complete QA process for verifications team, in conjunction with management
- Lead regular touchpoint sessions with management to advise of trending violations, issues, or performance gaps
- Complete assigned tasks by deadlines; support other team members in completion of department goals and deadlines
- Demonstrate a continuous improvement mindset by identifying, and communicating, with the management team potential opportunities or gaps within policy, procedure, or process that may be a root cause for lack of adherence by employees and provide potential process enhancements/suggestions to increase efficiency, business support, etc.
- Respond to and support the fulfillment of requests for additional control assessment as assigned by management
- Education - High School diploma or equivalent
- Strong organizational, time management, and prioritization skills
- Strong interpersonal skills
- Demonstrated ability to work independently, while supporting the achievement of both individual and team level goals
- Ability to review and analyze large data sets to identify potential compliance or process violations or anomalies
- Solutions focused
- Strong written and verbal communication skills
- Strong critical thinking and analytical skills
- Attention to detail
- Knowledge of OneMain and Partner account management systems and policies
- Ability to process, comprehend and apply OneMain internal policies and procedures
- Ability to build performance reporting structures, varying in complexity
- Ability to brainstorm and communicate progressive ideas individually, or collaboratively with a team unit
- 3 years of Verification experience
- Proficiency in Microsoft Excel and PowerPoint
- Advanced knowledge Avaya or similar software experience
- 1 years of quality assurance experience