The Federal Savings Bank is actively searching for a Quality Control Analyst to support our Quality Control and Risk Prevention department. The Quality Control Analyst is responsible for completing and facilitating second line of defense loan reviews to support The Federal Savings Bank's sales and operational functions.
This position is based in the vibrant Logan Square neighborhood in Chicago, IL, and offers a fantastic hybrid schedule with only 3 days a week onsite. Our office is in the historic Marshall Fields & Co. restored warehouse, featuring urban, modern decor, and situated right across from a bustling production studio. Enjoy the flexibility of working from home for 2 days! Qualified candidates should reside within a commutable distance at the time of application.
What We Offer:
- Generous time off
- Company culture that fosters work/life balance
- Health, Dental, and Vision insurance plans and company-paid life insurance
- Partial 401k match
- Employee Assistance Program
- Monthly Employee Appreciation events
- Employee recognition on a national scale with incentives
Duties and Responsibilities:
- Analyze and mitigate 3rd party origination and servicing sample audits
- Document and facilitate finding(s) mitigation with responsible team members
- Complete monthly executive summary reports for origination and servicing sample audits
- Process, facilitate and mitigate third party requests with responsible team members
- Complete and facilitate internal audits such as Home Mortgage Disclosure Act (HMDA) data and source documentation reviews, fraud loan tools, Mortgage Electronic Registration systems (MERS)
- 2 or 4-year college degree
- Recent professional experience in the mortgage industry
- Effective and professional communication skills; written and oral
- Strong qualitative and quantitative skills
- Ability to analyze and apply policies, procedures, and mortgage lending guidelines
- Strong organizational skills including the ability to operate and prioritize tasks effectively to complete tasks timely
- Demonstrated attention to detail and problem-solving skills
- High proficiency with Microsoft Office Suite with emphasis in Excel
- Proficiency with ICE Mortgage Technology, Encompass Loan Origination Software preferred
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.