200+ applicants
Novus Home Mortgage · 2 days ago
Quality Control Analyst
United States
Full-time
Remote
Mid Level
3+ years exp
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Hiring Manager
Celeste Biggar, CIR
Insider Connection @Novus Home Mortgage
Responsibilities
Perform post-funding reviews including but not limited to random, discretionary, FHA declined files, early payment default, and LAPP appraisal audits
Perform pre-funding reviews as assigned
Meet or exceed daily productivity metrics as outlined by management
Identify defects, communicate concerns in a clear, concise, and objective manner
Maintain high level of accuracy in relation to audit reviews and cited defects
Perform reviews of the credit package, including but not limited to, income, assets, credit & property, ensuring all documentation and calculations adhere to agency & investor requirements
Perform complete and accurate collateral risk assessments on property appraisals, utilizing agency tools in review and escalating value concerns to management for additional review
Ability to comprehend and perform analysis of complex tax return documentation
Perform accurate reviews of compliance packages, including but not limited to initial disclosures, closing packages, TRID compliance, ensuring requirements are met as outlined by the CFPB, state and federal agencies
Ensure individual reviews are complete in accordance with agency timeline requirements
Identify and prepare reverifications in accordance with agency requirements
Review and reconcile reverifications; identifying discrepancies and citing as needed
Maintain up-to-date knowledge of agency and Investor guidelines and overlays
Ability to navigate and utilize AllRegs for agency, investor, and compliance requirements
Identify and immediately report red flags, AML concerns, and other inconsistencies found in reviews
Assign and maintain action plans with appropriate teams utilizing the QC system of record, performing follow-up and summarizing outcomes for management review
Assist with second-level reviews and oversight as needed
Assist with pre-funding loan selection, import and assignment as needed
Ability to work independently and adapt to change
Assist in the creation of job aids for Operations and/or the QC team as needed
Qualification
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Required
Bachelor’s Degree preferred but will accept a High School diploma or equivalent with acceptable experience in Underwriting or Quality Control
Three to five years of mortgage Quality Control experience required. Must have the ability to complete appraisal reviews and tax return analysis
Three to five years of residential mortgage lending experience; exposure to all aspects of origination, servicing secondary marketing and mortgage compliance areas preferred
Knowledge of secondary market investor guidelines (Fannie Mae, FHA, VA, USDA) and ability to keep abreast of investor and regulatory changes required
Good understanding of mortgage regulatory rules and their requirements
Self-starter with the ability to adapt to a changing environment
Ability to deliver effective results and to meet deadlines with minimal supervision
Ability to communicate and work well with Investors and co-workers in a team environment
Possess clear, concise, and effective written and oral communication skills
Possess a keen eye for accuracy, attention to detail, and ability to handle a high-volume workload
Excellent interpersonal, organizational, prioritization, and time management skills
Proficient in computers including LOS systems (Encompass experience preferred), Microsoft Office and Excel
Preferred
Three to five years of residential mortgage lending experience; exposure to all aspects of origination, servicing secondary marketing and mortgage compliance areas preferred
Knowledge and experience in responding to Repurchase Request, Investor audits, MI Company audits, Regulatory audits, HUD Indemnification requests and VA deficiencies preferred
Preferred FHA Chums/DE and VA LLAP but not required
Company
Novus Home Mortgage
Novus Home Mortgage creating a simpler, more efficient and more transparent mortgage process.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
unknown2020-04-02Acquired· by Ixonia Bank
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