What are the responsibilities and job description for the Quality Control Specialist position at Cambridge Financial?
POSITION : Quality Control Specialist
Summary :
At Cambridge Savings Bank, our purpose is to have a positive impact on our customers, employees, and community's financial well-being. We are committed to exceeding expectations and having a strong commitment to diversity and inclusion. As Quality Control Specialist, you are responsible for performing a variety of duties required to ensure the accuracy and effectiveness of the Bank's deposit account applications and account documents.
Key Result Areas :
- Responsible for the daily analysis of data entry and file maintenance for all deposit system applications and accounts to ensure adherence to policy, appropriate authorization for changes when necessary, and accuracy. Escalate discrepancies, errors, potential issues, and make recommendations for resolution. Maintain effective controls by ensuring operational functions are performed in accordance with Bank policies and procedures. When required, prepare and send confirmation of changes following established policies and procedures.
- Perform quality assurance reviews to ensure the integrity of deposit account documentation. Coordinate the tracking and reporting of missing and incomplete documents to ensure compliance with policies, procedures, the Customer Identification Program, and regulatory standards. Provide weekly reporting of issues using the Pending Document and Operational Summary Reports and work closely with business lines to address questions and resolve outstanding issues. Review various reports to identify and resolve errors and, when required, ensure proper documentation was obtained.
- Maintain inventory of office supplies for Operations department and replenish supplies as needed.
- Work collaboratively with departments across the bank while ensuring duties are performed according to established policies and procedures and in compliance with regulatory requirements. Adhere to controls and risk management measures and prevent operational losses.
- Prioritize and complete tasks and assignments within assigned deadlines.
- Perform additional duties as required.
Qualifications :
The above description covers the most significant major responsibilities but does not exclude other occasional responsibilities and accountabilities the inclusion of which would be in conformity with the major purpose of this job.
Location :
Hybrid / Waltham, Massachusetts
About Cambridge Savings Bank :
Cambridge Savings Bank is a full-service banking institution with $7 billion in assets. As a mutual bank, CSB is committed to improving the quality of life of our employees, customers, and the communities we serve. One of the oldest and largest community banks in Massachusetts, Cambridge Savings Bank offers a full line of individual and business banking services across a robust Massachusetts-based branch network and through digital banking solutions for commercial, small business and consumer customers. In March 2023, Kroll Bond Rating Agency affirmed CSB's investment-grade rating, reinforcing the bank's position as a reliable business lender. To learn more about how CSB can meet your needs, visit us at cambridgesavings.com, or better yet, come meet us to help you make the most out of your banking relationship. Member FDIC. Equal Housing Lender. NMLS # 543370
Cambridge Savings Bank is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law. We are a VEVRAA Federal Contractor.
LI-Hybrid
