Business Development Analyst

Acra Lending•Irvine, CA

1d•Onsite

About The Position

At Acra Lending, we are looking for candidates to join our team who are passionate about their vocation, committed to making a contribution, and looking to gain experience in order to grow in their career. This role will assist in managing correspondent client (“Seller”) relationships and analyze and compile data related to seller transactions with Acra.

Requirements

Minimum of 1 year experience in processing mortgage loans in either a retail, wholesale or correspondent context.
Excellent verbal and written communication skills.
Experience with Microsoft Excel and ability to compile and analyze data.
Ability to read and comprehend simple instructions, short correspondence, and memos.
Ability to write simple correspondence.
Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization.
Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.
Ability to apply common sense understanding to carry out detailed instructions.
Ability to deal with problems involving a few concrete variables in standardized situations.
Advanced knowledge of Microsoft Office applications (Word, Excel, Outlook, etc).

Responsibilities

Facilitate the submission of qualified loans for flow eligibility reviews.
Administer providing eligibility reviews to correspondent clients (“Sellers”).
Administer obtaining conditions from Sellers and tasking condition reviews to Acra resources.
Guide/instruct clients on documents required for qualified eligibility review submissions.
Review loan submissions for correct parsing and indexing of submission documents and to ensure required submission documents are provided by clients.
Collect and report production metrics by client related to submissions.
Work with loan setup on correcting any inadequate submissions.
Distribute completed eligibility reviews to clients and facilitate addressing any questions clients may have related to eligibility reviews.
Receive/collect conditions from clients and task conditions to appropriate operations fulfillment personnel.
Parse, index and task purchase documents associated with closed loan packages (flow and delegated).
Track, manage report, and analyze production metrics for each client, including but not limited to: submission to purchasing ratios, submission to cancellation ratios, loan amounts, rates, number of operations touches per loan.