Manager, Quality Assurance Job Details
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| Manager, Quality Assurance (Ref: 12306) |
| Sector, Sub Sector: |
Other
|
| Compliance Type: |
Regulatory/Compliance
|
| Expertise: |
-
|
| Company: |
GMAC Mortgage
|
| Location: |
Toronto
|
| Employment Type: |
Part Time
|
| Job Description: |
ResMor Trust Company is a quickly growing, federally-regulated trust company operating in residential mortgage lending, mortgage servicing, deposit products, retail auto financing, commercial auto loans and the recently launched Ally brand (ally.ca) with online savings products. Our Risk group currently has dynamic career opportunities available. Put your proven experience in the financial services industry to work in helping us build a robust strategic platform to take us into the next decade and beyond. At ResMor Trust Company we are entrepreneurial and nimble. Opportunities to make a personal impact on the organization are readily available. If you want to make a difference in your career, we can provide that opportunity today. We offer plenty of scope for professional development, and respect your desire for balance in your personal/professional life. Best of all, we are fun to work with, and we invite you to bring your energy and enthusiasm with you! ResMor. Be part of it. Overview As the Manager, Quality Assurance, you are responsible for managing quality assurance and credit policy across ResMor’s consumer credit portfolio (retail auto loans, residential mortgages). You will work with various groups to ensure the risks are monitored, measured and controlled in a manner consistent with ResMor’s risk tolerance. Job Details - Provide leadership and direction to a team of QA analysts to ensure adherence to our policies, standards and guidelines.
- Recommend and/or review proposed changes to policies, standards and guidelines, processes and procedures to ensure we effectively originate and manage the credit portfolio consistent with the quality objectives.
- Implement approved changes.
- Maintain credit standards, guidelines and policies through appropriate manuals.
- Maintain, manage and execute the mortgage broker registration process.
- Maintain the established due diligence standards for broker registration.
- Recommend for approval brokers who meet the appropriate standards
- Work with the sales, underwriting and compliance teams to evaluate broker performance and recommend maintaining or ending relationships with brokers.
- Provide reporting to senior management including the credit risk committee on results of QA reviews.
- Manage investor audits as required
Requirements: - Bachelor’s degree along with a minimum of 5 years credit risk management experience. Preference will be given to candidates with an MBA.
- 5+ years in a leadership position, preferably in a bank or mortgage company
Candidate Profile - Coaching and leadership skills to provide feedback and guidance to analysts
- Understanding/knowledge of credit scoring and risk rating methodologies
- Analysis of underwriting – credit, income, assets/liabilities and property, assessing and mitigating risk
- Comprehensive understanding of CMHC/Genworth underwriting guidelines and standards
- Good presentation skills to communicate technical theories to non-specialists.
- Audit/quality control experience a definite asset
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| Job Ref No: |
12306
|
