Quality Control Analyst II

firstsourc•Remo, VA

104d

About The Position

Review Mortgage loan files to ensure accuracy of information and verify the presence of all required documents. Documents may include credit, title, appraisals, credit documents, property valuation, loan-to-value ratios, and debt carried. Manual Frontline Underwriting experience is required to perform this job.

Requirements

College Degree or equivalent work-related experience, and High School Diploma or equivalency required
At least 3 years of recent experience in conventional and government underwriting and Quality Assurance/Quality Control function in the mortgage banking industry
A strong working knowledge of calculating and verifying income & assets, and evaluating credit reports, purchase contracts, appraisals, title commitments, and other loan pertinent documentation
In depth working knowledge of AUS systems, including Loan Prospector and Desktop Underwriter
Must have manual underwriting experience, as well as automated
Must have held previous signing authority
At least an Intermediate level user of Microsoft Office Suite, with an emphasis on Word and Excel
Strong written communication skills
Ability to handle multiple tasks and prioritize workloads
Knowledge of all conventional and government underwriting guidelines for agencies

Nice To Haves

Experience in quality assurance services in a multiple client environment a plus

Responsibilities

Audit a minimum of 8 files per day relating to credit, collateral, and capacity AND maintain a 98% rate of accuracy
Analyze calculations and verifications of income & assets, and evaluations of credit reports, purchase contracts, appraisals, title commitments, and other loan pertinent documentation
Enter review results into company’s proprietary software
Stay current on all agency, state and federal guidelines, and participate in on-going training as industry evolves
Review internal audit results, and discuss feedback with team lead/manager for response
Work well with others including mentoring new hires or junior level analysts as needed
Manage time efficiently and prioritize workloads to meet strict deadlines while handling multiple tasks
Be flexible in the work environment
Conduct all activities and interactions in a professional manner
Complete company/client introductory training during orientation period
Adhere to the company’s policy and procedures.
Other duties as assigned by manager