World Business Lenders
Remote - Loan Operations Internal Audit Analyst
About World Business Lenders (www.wbl.com) At World Business Lenders (WBL), we are dedicated to providing general-purpose, short-term commercial loans backed by real estate collateral for a diverse range of small and medium-sized businesses across the United States that may not have access to traditional funding options. We take pride in managing our loan portfolio as well as offering services for third-party loans, with a special emphasis on non-performing loan pools and REO management. WBL is a U.S.-based company that embraces a 100% remote work environment for candidates located in Turkey, Latin America, and India. Our working hours are 9:00am-6:00pm Eastern Time , from Monday to Friday. The role requires an excellent command of both oral and written English. Please submit your resume in English. Requirements Education: A Bachelor’s degree in Accounting, Finance, or a similar field is required. Experience: We're looking for candidates with 1 to 5 years of experience in internal auditing, loan operations, risk management, or compliance in the financial services sector. Industry Background: Previous experience in banking, financial services, or lending institutions is essential. Proficient in commercial lending, mortgage lending, or consumer loan operations. In-depth understanding of the complete loan lifecycle, encompassing loan origination, underwriting support, documentation review, funding, servicing, and collections. Knowledgeable about loan documentation requirements, credit files, and the essential operational controls within lending processes. Adept at pinpointing operational risks, addressing process inefficiencies, and identifying control weaknesses within loan operations. Experience with internal audits, quality assurance, or compliance reviews specifically related to lending operations. Key Responsibilities: Execute internal audits and conduct thorough operational reviews throughout the loan lifecycle, encompassing origination, underwriting, servicing, and collections. Spot and address process inefficiencies, operational risks, and control gaps within loan operations. Guarantee compliance with internal policies, procedures, and risk management standards. Contribute to the enhancement and fortification of internal controls within WBL’s lending operations. Deliver insightful audit findings along with actionable recommendations to elevate operational procedures and strengthen risk controls. Collaborate with management to oversee remediation efforts, ensuring prompt resolution of audit findings. Technical Skills Required: Proficiency in Microsoft Office Suite Essential Soft Skills: Exceptional command of Microsoft Office applications, especially Excel, for efficient data analysis, tracking, and reporting. Expertise in reviewing documentation to pinpoint discrepancies or missing elements. Robust analytical and problem-solving abilities to evaluate processes and unearth potential risks. Skilled in organizing and juggling multiple tasks while maintaining a keen eye for detail. Excellent verbal and written communication skills for documenting insights and engaging with internal stakeholders. Ability to interpret and apply policies, procedures, and operational guidelines during review processes. Comfortable navigating internal systems and operational workflows within a structured environment. Benefits Compensation in USD Enjoy Paid Time Off (PTO) after just 6 months of service This is a full-time opportunity Enjoy the freedom of a completely remote work environment! Originally posted on Himalayas