Also referred to as: Consumer Loan Compliance and Quality Auditor I
Requirements and Responsibilities

Loan Quality Auditor I audits loan operations, processes, and documentation to ensure accuracy, completeness, and compliance with policies and regulations. Monitors and audits the quality of credit decisions, funded loans, and internal credit standards. Being a Loan Quality Auditor I reviews loan origination, processing, underwriting, and servicing activities to identify errors, discrepancies, and process gaps. Evaluates documentation, workflows, and system controls to ensure adherence to established standards. Additionally, Loan Quality Auditor I identifies operational risks, recommends corrective actions, and monitors the implementation of remediation efforts and governance controls. Prepares audit reports and communicates findings to relevant stakeholders. Requires a bachelor's degree. Typically reports to a manager. The Loan Quality Auditor I work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Loan Quality Auditor I typically requires 0-2 years of related experience.

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