The Federal Savings Bank is hiring a Risk Prevention Team Auditor who will be responsible for completing pre-fund and post-close loan reviews, assessing the risk and adherence to the Bank’s risk policy. They must also investigate suspicious and unusual loan activity referrals and properly document reviews in a written summary. They will identify and escalate, as appropriate, fraud trends or schemes to submit to management for actionable purposes and recordkeeping.

Ideal candidates live in the Chicago area and are able to work a hybrid schedule (3 days in office) in our Logan Square corporate office.

What We Offer:

• PTO that increases with length of employment
• Company culture that fosters work/life balance
• Health, Dental, and Vision insurance plans
• FSA and HSA plans options
• Company-paid life insurance
• 401k with partial match
• In-house virtual training opportunities to broaden your industry knowledge
• Employee recognition on a national scale with incentives
• Big bank capability, small-bank feel

 Duties and Responsibilities:

• Perform prefund and/or post-close audit reviews based on identified high risk loans
• Complete reverifications as needed, including: income, employment, assets, credit, and appraisals
• Notify appropriate operational departments of loan level guideline findings
• Maintain accurate and concise recordkeeping on all audits
• Collaborate with team members, operational departments, and referring parties 
• Write investigation summaries based on unusual or suspicious activity referrals 
• Process development and automation
• Support QC/Risk Prevention manager and Bank needs as they evolve, including policy and procedure maintenance 

• Bachelor's degree  
• Strong communication skills, written and oral
• Excellent time management and inventory anticipation skills
• Advanced organizational skills with the ability to handle multiple assignments
• Strong analytical skills such as identifying trends, schemes, or patterns
• Quality control, internal auditing and/or forensic underwriting experience (strongly preferred)
• Experience with Encompass (preferred)
• Familiarity with resources such as LexisNexis and BankVOD (strongly preferred)
• Microsoft Office proficiency, notably Outlook, Excel, Word, and Teams

The Federal Savings Bank is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.