Mortgage Underwriting Quality Control Analyst - Credit Quality

M&T Bank

85d • $51,504 - $85,841

About The Position

Responsible for the completion of internal audits and communicating results to loan production offices and management; maintain current knowledge of both internal and external policy, procedures and guidelines; evaluate trend pattern analysis and identify fraud/misrepresentation.

Requirements

• Associate’s degree with minimum 4 years’ mortgage processing/underwriting experience, OR in lieu of a degree, a combined minimum of 6 years’ higher education and/or work experience, including a minimum of 4 years’ mortgage processing/underwriting experience.
• Working knowledge of agency guidelines.
• Ability to work well with all levels of management.
• Excellent verbal and written communication skills.
• Proven customer service skills.
• Demonstrated ability to work well under pressure.

Nice To Haves

• FHA DE and VA LAPP certifications.
• Proficient in Allregs, Microsoft Excel and Word.
• Experience in both Retail and 3rd party originations.

Responsibilities

• Evaluate a selected number of loans on a monthly basis to ensure accuracy, adherence to procedures, and compliance with Bank standards.
• Perform both pre-funding and post-funding Quality Control reviews to include review of underwriting guidelines and product pages applicable to each loan reviewed.
• Re-verify specific contents of the loan file, order and review field review appraisals, communicate potential defects to applicable parties and update QC system.
• Exercise judgment when utilizing escalation process.
• Conduct special audits as required in response to requests from Audit, Mortgage Management, and/or any regulatory agency.
• Identify red flags and conduct additional due diligence when applicable.
• Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
• Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
• Promote an environment that supports belonging and reflects the M&T Bank brand.
• Complete other related duties as assigned.

Benefits

• Competitive benefits ranging from medical and retirement to forty hours of paid volunteer time each year.

What This Job Offers

• Education Level: Associate degree