Deposit Quality Control Analyst I, II, III

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Position Overview:

The Deposit Quality Control Analyst is responsible for performing various audits within the scope of the Internal Controls function.

Essential Job Functions -Level I

• Reviews daily, weekly, monthly reporting to ensure system changes are performed in accordance with Bank's documented ICFR's.
• Performs review for all signature cards (DDA, SAV, CD) and associated account-related documentation, including but not limited to signature cards, beneficial ownership and CIP checklist.
• Provides reporting on outstanding/missing documents, follow up and escalating as needed.
• Communicates summary report information to appropriate parties (function managers, appropriate executives), building consensus on findings, and gaining management commitment to solutions.
• Remains current with applicable regulatory requirements pertaining to the various operational functions under review.

Essential Job Functions - Level II

• Interprets and applies the guidelines set forth in the Bank's Internal Control Procedures, which outline specific audit schedules/frequency as well as the scope of audits and audit scripts for Teller Services, Wires/ACH, Deposit Operations, Retail and Card Services; Audits include:
  
  
  
  • CIP Branch Audits
  • New Account Review (Business and Retail)
  • ACH / Wire secondary review
  • Treasury Support limit increases review
  • Verification and/or testing of operational reconcilements
  • Signature Guarantee monthly review
  • Annual review of Teller Services audit process
  • Monthly review of Teller Services teller difference review
  • Safe Deposit Branch Audits
  • Completes requested reports for Internal/External audits
  • Others as assigned
  
  
  
  
• Serves as auditor on assigned audits, ensures the Internal Control Procedures are adhered to and that findings and risks are documented appropriately.
• Produces report summaries including scope of work, summary narrative and specific findings/concerns.
• Utilizes Jack Henry reports and queries on key data points for Internal Control analysis.
• Monitors adherence to Sox Controls relevant to Teller Services, Wires/ACH, Deposit Operations, and Card Services.
• Implements solutions to areas of improvement in various aspects of current functions.
• Stays informed of all deposit regulatory requirements, including changes.
• Manage and implement new projects and or processes.

Essential Job Functions - Level III:

• Serves as Subject Matter Expert amongst peers and departmental liaison for business partners throughout the Bank; serves as back-up support to management as needed.
• Coaches, mentors and trains new staff members; provides assistance to all peers for complex situations that require advanced problem solving.
• Completes relevant departmental response to information requests related to the completion of the Operational Compliance Reviews.
• Provides contributions to the creation and maintenance of KRI and KPI department metrics.
• Completes required follow-up to Internal/External Audit and OCC Requests.
• Completes documentation reflecting the assigned internal control functions including Risk Matrix's, Risk Assessments, and Score Cards.

Minimum Requirements - Level 1

High school diploma (or equivalent) and two or more years of banking, audit, or related experience; or equivalent combination of education and experience.

Minimum Requirements - Level 2

High school diploma (or equivalent) and three or more years of banking, audit, or related experience inclusive of one year of deposit focused experience; or equivalent combination of education and experience.

Minimum Requirements - Level 3

Associates degree (or equivalent) and three or more years of banking, audit, or related experience inclusive of one year of deposit focused experience; or equivalent combination of education and experience.

Competencies

• Strong analytical and organizational skills
• Good working knowledge of operational functions within the banking environment
• Works independently requiring minimal supervision
• Works well with others and team building
• Flexible and able to handle multiple tasks, prioritizing appropriately

Preferred at Level III, but not required

• Associates degree or greater in related field
• Prior leadership or supervisory experience
• Prior experience training or mentoring others
• Previous experience working with audit and responding to audit findings

Location Details

This position is considered a hybrid role. With management approval, an incumbent may work a combination of remote and onsite work to perform the regular responsibilities of the role. Actual schedule requirements may vary based upon business needs.

Note: Job levels and hiring decisions are based upon both the business needs of the department and the qualifications of the incumbent. In some cases, an incumbent may meet the requirements of a level 2 or 3 but may be hired in at a lower level based upon department needs and staffing dynamics.

Compensation & Benefits

Level 1 Base pay: $20.10 - $25.25

Level 2 Base pay: $22.11 - $27.65

Level 3 Base pay: $24.32 - $30.40

Old Second is committed to fair and equitable pay practices. Pay is dependent upon the pay range and the incumbent's knowledge, skills and experience.

Benefits: How We Support You - Old Second