Loan Operations, Post-Closing, and Compliance Internal Audit Analyst

Overview

The organization is seeking a detail-oriented Loan Operations, Post-Closing, and Compliance Internal Audit Analyst to perform audits and risk assessments across the lending lifecycle. This fully remote role involves evaluating internal controls, identifying operational and compliance risks, conducting audit testing, and supporting the annual audit plan and special investigations.

About the Role

The Loan Operations, Post-Closing, and Compliance Internal Audit Analyst supports audits across the lending lifecycle, performing audit testing, continuous monitoring, and risk assessments to evaluate internal controls, regulatory compliance, and operational effectiveness. Audit activities include reviewing processes and data in systems like LAPro, QuickBase, and Monday.com.

What Success Looks Like

• Audit engagements completed on time and meeting Internal Audit quality standards.
• Identification and clear reporting of significant risks, control deficiencies, and compliance issues.
• Accurate, complete, and well-documented audit workpapers and supporting evidence.
• Effective execution of annual audit projects, continuous monitoring activities, and special investigations.
• Management implements sustainable corrective actions to strengthen controls and reduce risk.
• Professionalism, objectivity, and strong collaboration with stakeholders.

Typical Day-to-Day

• Conduct audits of loan operations, closing, post-closing, servicing, and compliance activities.
• Review loan files, system data, reports, and documentation to evaluate control effectiveness and regulatory compliance.
• Perform audit testing, data analysis, walkthroughs, and risk assessments for the annual audit plan.
• Conduct ad hoc investigations, management requests, and special review projects.
• Prepare audit work papers, findings, recommendations, and management reports.
• Validate management corrective actions and monitor remediation of audit findings.
• Collaborate with business stakeholders while maintaining audit independence and objectivity.

Key Objectives for This Role (Quarterly Focus)

• Complete assigned audits and continuous monitoring activities in accordance with the annual audit plan.
• Identify and evaluate control weaknesses, compliance risks, and process improvement opportunities.
• Deliver high-quality audit workpapers, test results, and support documentation.
• Communicate audit observations and recommendations clearly to management.
• Monitor and validate management's remediation of audit findings and corrective actions.
• Support special investigations, ad hoc reviews, and regulatory or management requests.

What You'll Be Doing (Core Responsibilities)

Loan Operations Audit

• Perform audits across the lending lifecycle, including origination, underwriting, servicing, collections, and payoff activities.
• Evaluate internal controls, identify risks, and assess compliance with policies and procedures.
• Review loan documentation, loan activity, and supporting data for accuracy and completeness.

Post-Closing Audit

• Evaluate post-closing controls related to documentation, loan boarding, collateral records, lien perfection, investor reporting, and exception management.
• Assess the effectiveness of controls for completeness and accuracy of post-closing activities.

Compliance Audit

• Assess compliance with applicable laws, regulations, investor requirements, and internal policies.
• Identify compliance risks, control deficiencies, and areas requiring management attention.

Audit Execution & Reporting

• Perform audit testing, walkthroughs, data analysis, continuous monitoring activities, and special investigations.
• Prepare audit workpapers, reports, and recommendations.
• Validate corrective actions and monitor remediation efforts.