The Quality Control Analyst is an experienced self-starter who will be responsible for carrying out the QC process by independently performing QC reviews for both prefunding and post-closing loans.
The QC Analyst will ensure all loans are compliant, and properly underwritten (and closed), as defined by current FNMA/FHLMC, FHA, VA, investor, internal, and regulatory guidelines.
Key Responsibilities
- Maintain a pipeline of prefunding and post-closing loans to review within the required turn times.
- Fully assess loan quality, eligibility, and compliance of selected loans assigned.
- Ensure selected loans are in compliance with federal and state regulations, as well as the most current FNMA/FHLMC, FHA, VA, internal, and investor requirements.
- Perform review of credit, income documentation, calculations, and assets used to qualify for accuracy and compliance in order to validate underwriter’s loan approval.
- Increase process efficiency by identifying potential risk and mitigating factors that may impact the Company through credit decisions and the customer's ability to repay the loan.
- Provide interactive feedback and clear communication throughout the audit process with the Underwriters, Funders, and their respective Managers.
- Regularly communicate and provide audit findings to the QC Supervisor.
- Provide updates, reporting and audit findings to internal workgroup(s), for review and mitigate major defects found, when applicable.
- Perform other duties as assigned in order to support the QC business unit.
- Other duties as assigned.
- Based on business needs overtime may be required
Key Point
- Compensation commensurate with experience
- Completes 6 full files reviews daily
- Great communication skills
- Full file rewriting the file
- 5+ years in QC role as a Sr.
- 30 days in the office and then can work remotely.
Our team thrives on the positive work environment we foster. Our mission of getting the loan done the right way, the first time, resonates with every employee within the organization. We continue to enhance the loan process by integrating the most advanced technology, attracting the best talent in the industry and trusting our staff to always “do the right thing.”
Job Type: Full-time
Pay: From $80,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Vision insurance
Schedule:
Education:
- High school or equivalent (Preferred)
Experience:
- encompass: 2 years (Preferred)
- Quality control: 5 years (Preferred)