QC Analyst

New American Funding•,

3d•Remote

About The Position

Primary responsibilities include assisting the Quality Control Department with clerical functions, preparing files for audit, and analysis support for various audit types. This position requires experience and a general understanding of investor and agency QC policies. Working in a paperless environment and LOS, the Quality Control Analyst is expected to complete loan level and data analysis as requested by QC Management. This position also works closely with AVP of Post QC, QC Auditors, and other operational departments.

Requirements

General knowledge of investor and agency quality control policies and procedures.
Ability to analyze risk as it relates to investment quality loans.
Ability to review audit documentation, validate, and document potential risk for escalation to Management.
Excellent organization, written and oral communication skills.
Excellent reporting skills, including working knowledge of Excel, Office Tools, and ability to provide summary reports to Management.
High school diploma or general education degree (GED); five or more years’ mortgage processing and/ or QC experience preferred.
Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals.
Ability to write routine reports and correspondence.
Ability to speak effectively before groups of customers or employees of organization.
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume.
Ability to apply concepts of basic algebra and geometry.
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.
Ability to deal with problems involving several concrete variables in standardized situations.
Knowledge of MS Word word processing software; MS Excel spreadsheet software and Internet Explorer, MS Outlook internet software.
Must be able to verify identity and employment eligibility to work in the U.S.

Nice To Haves

Hybrid if located within 31 miles of Santa Ana, CA or Austin, TX & will need to work 4 days on-site

Responsibilities

Review loan files for specific Post QC tax transcript requirements, order tax transcripts, compare tax transcript results to loan file, maintain tax transcript reporting.
Prepare loan files for QC audit.
Selection of qualifying Early Payment Default loans
Analysis of servicing report and HUD data
Perform written and verbal reverifications as required per investors, agencies, and NAF QC Plan
Support Pre-Fund audit team when reverifications are required to be ordered.
Navigate agency and investor technology systems, complete file uploads and missing document requests to Portals.
Perform oversight review of vendor reverifications for accuracy.
Complete and retain agency and investor reporting as assigned by AVP, Post QC.
Distribute HUD notices via email and copy QC Management.
Escalate unsatisfactory documentation and/or reverifications as necessary.
Maintain general knowledge of loan file documentation and investor/agency QC guidelines, NAF overlays and NAF policy and procedures.
Awareness of fraud prevention and familiarity with red flags.
Complete continuing education via webinars and other training as required.
Other duties may be assigned as necessary, directed by the AVP, Post QC.