QA Underwriter (U.S. Mortgage Process)

Must Exp : in "income manual calculation", "Tax term" , "end to end under writing"

Essential Job Functions:

· Review and provide Quality Control feedback on mortgage loans completed by internal staff

· Expertise in Initial and Final underwriting

· Follow quality control policies and procedures to ensure compliance with scopes of work i.e Underwriting

· Must be able to fulfill the role of subject matter expert for the team and scope assigned i.e Underwriting

· Assist with required and/or identified training needs as it relates to quality control

· Analyze individual loan files and work completed by associates based on approved QC checklists

· Identify all red flags as defined in a mortgage file and report to leadership

· Analyze and publish error trend analysis, and devise and implement action plans to improve QC scores

· Share feedback and coach team members basis errors identified and proactively share errors trends and risk based on changes to policies and procedures

· Perform complete and in-depth review of mortgage loan files including income, assets, credit, and collateral

· Utilize client’s loan operating system to ensure accurate data entry

· Underwrite loans in accordance with client guidelines, utilizing AUS or manual guidelines

· Evaluate and ensure overall loan documents are accurate, complete, and compliant

· Ability to identify and/or clear red flag or s

· Issue loan decision and condition file accordingly

· Review and approve conditions for compliance and completion of loan file

· Provide excellent customer service to internal and external clients

· Maintain current knowledge of client and investor requirements

· Resolve pre- and post-closing issues as they relate to underwriting

· Assist Processors/Loan Officers in understanding underwriting decisions and conditions

· Must be able to work in a high stress environment while delivering a high-level of customer service

· Ability to work more than 40 hours, on an as needed basis

Requirements:

· 4+ years in the mortgage industry, with a recent experience focused on Quality Control

· Must have experience in the specific scope of work position being filled, demonstrating current acceptable production and quality rating metrics

· Candidates must pass background checks

· Candidates must be okay to work rotational and US night shifts.(24/7) and work over weekends when required

· Strong knowledge of income calculations, tax returns, reading credit reports, identifying red flags

· Basic knowledge of appraisal and ability to recognize red flags and ineligible properties

· Thorough working knowledge of GSE underwriting guidelines and automated underwriting engines (DU/LP)

· Strong analytic, interpersonal, and verbal and written communication skills

· Detail-oriented with strong ability to time manage

· Ability to work in a flexible and production-oriented environment

· Must be willing and able to work as part of a team

· Strong capability to work in multiple systems - paperless environment

· Must be willing to work in strict security environment

· NMLS-MLO Licensure preferred

• · Candidates must be available to work outside of normal business hours when necessary