Production Risk Reverification Analyst

Truist•Richmond, VA

10d•Onsite

About The Position

The Production Risk Reverification Analyst performs mortgage loan re-verification requirements in adherence to investor/insurer guidelines and Transaction Risk Monitoring procedures. This role involves working independently within a team environment, ensuring timely completion of assignments, and handling verbal requests and follow-up in a professional manner. The position is regular, requires English fluency, and is a 1st shift role.

Requirements

Three years of mortgage experience in processing, closing, underwriting, quality control, compliance, credit review and/or servicing.
Knowledgeable of mortgage loan documents (conventional, portfolio, FHA, VA, USDA RD, Bond, etc.).
Possess strong written and verbal skills communicating with teammates and external service providers.
Manage workload and meet deadlines with minimal supervision and accurate results.
Attention to detail to produce high-quality work.
Excellent time management skills.
Able to easily adapt to changing priorities, processes and/or tools.

Nice To Haves

User of Truist mortgage systems: Empower, Lending Space, ADM, MSP/Fidelity.
Knowledge of Retail and/or Correspondent operations for Truist mortgage.
Experience with third party mortgage applications, such as credit reporting bureaus, tax transcript providers, the Work Number, etc.
Proficient computer skills (Microsoft Word, Excel, Outlook, RightFax, Avaya OneX, etc.)
Detailed in defining and documenting procedures and process steps.
Bachelor's degree or equivalent experience and/or training for job.

Responsibilities

Electronically order reverification of information from a mortgage loan file, including a credit report, tax transcript and/or field review.
Request reverification of information from a mortgage loan file, including employment, assets, occupancy, etc., via written, fax, electronic and phone methods.
Ensure reverification scope and activities adhere to investor/insurer (Fannie Mae, Freddie Mac, FHA, VA, USDA RD) guidelines and Transaction Risk Monitoring procedures.
Process all reverification orders/requests/evaluations correctly and timely. Monitor open reverification status and follow-up appropriately.
Evaluate reverification responses to determine if acceptable or identify a possible loan file discrepancy.
Update all tracking system data fields properly, including detailed evaluation findings and conclusion.
Elevate reverification questions and discrepancies as needed for precision.
Save all reverification artifacts to the defined repository.
Responsible for keeping documented procedures and process steps accurate.
Reconcile third party bills to orders placed.