Commercial Loan Quality Control Analyst

S&T Bank; Street (MD); On-site; USD 22,000 - 46,000; Full time

Job summary

S&T Bank is seeking a quality control professional to ensure compliance and risk management in the commercial lending division, with emphasis on HMDA. The role supports the Commercial Loan Documentation department and requires knowledge of lending laws and bank policies.

The position involves updating procedures, maintaining system proficiency (FIS, MS Office), and collaborating with Credit and Compliance teams. Strong attention to detail and teamwork are essential.

Qualifications

• Requires a high school diploma or equivalent basic academic education.
• Requires 2–5 years of general business experience with 1–2 years specialized experience and advanced knowledge in HMDA, Reg B as it applies to commercial lending, and flood regulations.
• Experience with loan documentation manuals is a plus.

Responsibilities

• Ensure quality control of loan applications/modifications for compliance.
• Conduct pre-audit reviews for underwriting and documentation preparation.
• Maintain proficiency in loan origination software and related tools.
• Keep up-to-date on applicable laws, regulations, and lending policies.

Skills

Quality control

Reg B knowledge

Teamwork

Education

High school diploma

Tools

FIS Core OS

Microsoft Office

Imaging systems

Job description

Location:

355 North Fifth Street

Indiana, PA 15701

Hours:

Monday - Friday: 8:00AM - 5:00PM

(Additional hours as necessary to meet the objectives of the department)

Function:

Responsible for ensuring quality control of the operation, audit, and compliance risk of the commercial and business banking lending division functions with emphasis on HMDA. Requires an advanced knowledge of lending, applicable banking laws, federal and state regulations, bank policies and lending platforms. Supports the efforts of the Commercial Loan Documentation department.

Duties and Responsibilities:

• Responsible for the efficiency and effectiveness of the operations from a quality control aspect by:

• Ensures quality control of the loan applications/modifications process for Compliance related items by conducting pre-audit reviews for Underwriting and Doc Prep by:

• Works closely with the Commercial Loan Funding and Compliance Quality Control Supervisor, and Lending Management by:

• Obtains and sustains proficiency in the loan origination software, Microsoft Office Suite (Word, Excel, Access, PowerPoint & Outlook), Internet searches, Core Operating System (FIS), imaging systems, along with the upgrades to these programs or replacement software and any other conduit available to process all applications as well as prepare required documentation.

• Acquires and maintains a thorough knowledge of all applicable laws, regulations, and the Bank’s Corporate & Lending Policies/Underwriting Manuals to ensure compliance.

• Maintains updated knowledge base of loan types necessary to perform essential duties. Advances Knowledge through further education and/or obtaining certifications and attends training on regulatory, platforms and audit issues or concerns.

• Assists in the development and maintenance (including updates) of Commercial Loan Documentation manuals to be used as both a training and reference manual.

• Works closely with the Commercial Loan Funding and Compliance Quality Control Supervisor to ensure all applicable procedures and compliance matters are current and assist on as as-needed basis.

• Maintains a positive and productive working relationship with all co-workers and third-party vendors. Demonstrates positive interpersonal skills with the ability to work independently as well as motivated to work as a team player to contribute to the success of the department and the Bank.

• Performs additional duties as required.

Education:

Requires a high school diploma or equivalent basic academic education.

Experience:

Requires two to five years of general business experience with one to two years specialized experience and advanced knowledge in HMDA, Reg B as it applies to commercial lending, and flood regulations required.

Physical Demands:

Operates a keypad device, electronic equipment, office equipment: 90% of the day. Requires the use of manual dexterity skills for typing and filing up to 60% of the business day. Specific vision requirements include close vision of 18”-20” for computer work. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

Salary Range:

$16.23 - $33.32