Sr Reno Project Analyst (On-site)

Newrez•Coppell, TX

13d•Onsite

About The Position

The Sr Renovation Project Analyst works with the Renovation Project Analyst, management team, and internal stakeholders to ensure compliance, training initiatives, and escalations are effectively managed during the Draw Administration process for VA, FHA 203(k), FHLMC Choice, FNMA Homestyle Renovation, and Escrow Holdback loans. The Analyst leads the Draw Administration team on special projects while delivering outstanding customer service to stakeholders. The role advises internal business partners on complex project-related inquiries, reviews documentation and determines project eligibility under company and agency/investor guidelines, and reviews and approves disbursement requests. It also supports and facilitates analyst training, conducts quality reviews of disbursement requests and reporting controls, manages investor regulatory requirements and service-level agreements, and helps implement process improvement and cost-saving initiatives. The position is on-site.

Requirements

High school diploma or equivalent.
Five or more years of mortgage loan life-cycle experience and/or two years of Conventional/Government renovation project review experience.
Excellent interpersonal, oral, and written communication skills.
Microsoft Office and SharePoint skills.
Ability to multitask, prioritize, and manage time efficiently and effectively.
Strong analytical skills and ability to exercise independent judgment.
Ability to work autonomously under minimal supervision.
Excellent customer service orientation.
Strong attention to detail and organizational skills.
Ability to adapt to change and grasp new concepts with minimal guidance.
Must have a smartphone that meets company security standards and can install apps such as Microsoft Authenticator; employment is contingent on meeting this requirement.

Nice To Haves

Bachelor’s degree in Business, Finance, or Accounting.
FHA 203(k) and/or HomeStyle Renovation processing experience.

Responsibilities

Advise and assist internal business partners, including Accounting, QC, and Government Insuring, with complex project-related inquiries.
Review and analyze documentation submitted on behalf of Renovation Project Analysts to ensure it meets company underwriting and investor guideline requirements.
Determine project eligibility based on company agency and investor guidelines.
Review and approve disbursement requests based on company agency and investor guidelines.
Communicate with customers regarding complex interactions and handle disputes through appropriate channels.
Support training initiatives for Renovation Project Analysts.
Conduct quality reviews of disbursement requests, including checking that all current required renovation documents are submitted.
Conduct quality reviews of daily, weekly, and monthly Renovation reporting controls to ensure appropriate processes and procedures are executed.
Create and facilitate training and refresher classes for Renovation Project Analysts.
Lead special projects and initiatives to improve team performance in compliance, production, and quality.
Manage investor regulatory requirements to ensure appropriate service-level agreements are met.
Participate in implementing process improvement and cost-saving initiatives.
Review and provide feedback on monthly investor reporting.
Perform related duties as assigned by management.