Senior Quality Analyst

Role & responsibilities

• Loan File Reviews

  :
• Conduct detailed reviews of mortgage loan files to ensure all documentation is complete and accurate
• Verify that all relevant loan closing conditions have been sufficiently met and that file complies with company policies and regulatory requirements

• Compliance and Accuracy Checks

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• Ensure compliance with federal and state regulations, including RESPA, TILA, and CFPB guidelines
• Confirm that all closing costs, fees and loan terms are correctly documented
• Ensure pre- and post-closing documentation is complete, accurate, and complies with regulations

• Risk Assessment

  :
• Perform quality control checks to prevent significant compliance findings and ensure the integrity of the loan closing process
• Promptly identify and report any pre- and post-closing issues or discrepancies that may arise

• Communication and Training:

• Communicate findings and feedback clearly and concisely to relevant loan parties
• Identify and assist with training opportunities pertaining to quality reviews and communicate with Management to implement such needed sessions
• Must be able to fulfill the role of subject matter expert for the team and scope assigned

Required Skills:

• Attention to Detail

  : Ensure all information is accurate and complete

• Organizational Skills

  : Manage multiple loan files and tasks and be able to adapt to constant modification of the workflow

• Communication Skills

  : Must demonstrate impeccable written and verbal communication skills

• Time Management Skills

  : Able to manage time effectively in a fast-paced environment with emphasis on quality

• Analytical Skills

  : Able to interpret policies and guidelines and problem solve while analyzing customer and loan documentation

• Computer Proficiency

  : Proficient use of quality control software and tools, and navigation in a paperless environment through multiple systems and applications with ease

Required Experience

• 5+ years Current Mortgage Closing Experience:

  Extensive understanding of mortgage department processes, and understanding of entire mortgage life cycle, particularly processing and closing procedures, RESPA and TRID

• Minimum 2 years Closing QC Experience:

• Understanding of closing requirements and guidelines for FHLMC and FNMA for both purchase and refinances, HELOC preferred.