Credit Risk Analyst Sr
About The Position
Finance of America helps homeowners 55+ access the equity they’ve built while staying in full control of their home and their financial future. Through a range of reverse mortgage solutions, we help customers shape the retirement they’ve earned while continuing to evolve how we serve and work together. Joining Finance of America now means stepping into a period of momentum and growth, with teams actively shaping what comes next and opportunities to make an impact and grow your career. The purpose of this role is responsible for performing audits to assess Finance of America’s compliance with HUD, state, and federal regulatory requirements.
Requirements
- Minimum of 5 years related audit experience.
- Demonstrated experience in mortgage operations in the areas of underwriting, quality control, servicing or internal audit; Reverse Mortgage experience a plus.
- Experience as a Direct Endorsement (DE) Underwriter, Servicing or Insuring and Guaranty Specialist on HECM reverse mortgages required or the equivalent QC of DE underwriters and FHA, VA and Conventional Mortgage Products.
- Recent general federal regulatory experience preferred.
- General knowledge of lending policies, procedures, practices, and documentation.
- Knowledge of HUD guidelines a plus.
- Demonstrated teamwork abilities.
- Excellent verbal and written communication skills.
- Strong analytical, critical thinking, and organizational skills.
- Highly proficient with Microsoft Word, Excel, PowerPoint and Outlook.
- Detail oriented and focused.
- Ability to take initiative, work autonomously, and drive projects forward to completion.
- Sound judgment and decision-making ability.
- Analytical end-to-end thinking and problem-solving skills.
- High School Diploma or GED
Nice To Haves
- Reverse Mortgage experience a plus.
- Recent general federal regulatory experience preferred.
- Knowledge of HUD guidelines a plus.
- Bachelor's Degree
Responsibilities
- Manages QC audits including, but not limited to, post funding, prefunding, auditing the auditor vendor reviews and denied loans to follow all applicable state, federal, agency and investor guidelines including HUD QC Plan requirements.
- Manages question sets on the QC checklists including keeping question sets updated.
- Ensures proper findings/issues are addressed properly in the LOS system by the underwriter.
- Assists with the identification of potential areas for improvement through the completion of Quality Control audits.
- Meets review timelines and performance metrics.
- Communicates audit findings, as necessary, to related responsible parties.
- Assists leadership with projects designed to improve the audit process.
- Finalizes determination of audit findings.
- Complies with all local and federal fair lending laws and net benefit requirements.
- Performs other duties as assigned.
Benefits
- health, dental, vision, life insurance, paid time-off benefits, flexible spending account, 401(k) with employer match, and ESPP
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
High school or GED
