GENERAL SUMMARY

Responsibilities include performing internal quality assurance on mortgage loan files audited as part of a lender’s Pre and Post Closing Quality Control Program.

The Quality Assurance Analyst will analyze a percentage of all files audited by LoanLogics’ Quality Control teams and document areas of non-compliance with the organizations Policy and Procedures.

A minimum of 10 years mortgage underwriting experience with knowledge of Fannie Mae, Freddie Mac, FHA, and VA lending guidelines, and of mortgage lending legal compliance is required . Prior mortgage QC or QA experience a plus.

PRINCIPAL DUTIES AND RESPONSIBILITIES

• Review the results of the completed pre and post-closing quality control audits performed by staff on mortgage loans.
• Ensure all audits were performed in accordance with company policies and procedures to comply with all related agency and client guidelines and requirements.
• Re-underwrite  loan files pursuant to AUS findings or manual loan approvals. 
• Review appraisal reports for acceptance of value, content and accuracy
• Ensure loans are in full compliance with all Federal and State rules, regulations and laws governing mortgage lending.
• Ensure  re-verification activity was performed and it validates the information used by the client to approve and close the loan.
• Audit the system driven tests to ensure they are firing accurately
• Check all audit findings for completeness and accuracy
• Ensure that Pre-Close results are consistent with Post Close results and report on findings.

OTHER DUTIES INCLUDING, BUT NOT LIMITED TO

• Interrelating with fellow employees as needed to adequately perform all required tasks.
• Treating fellow employees and customers with respect
• Communicate results and recommended changes and/or improvements to management
• Willingness to work additional hours when necessary
• Perform additional reasonable related tasks as may be deemed necessary from time to time by management.

KNOWLEDGE, SKILLS AND ABILITIES REQUIRED

• 10 + years of underwriting experience
• Demonstrated leadership skills
• Effective verbal, written and influential communication skills.
• Extensive knowledge of underwriting procedures and methods.
• Knowledge of mortgage lending compliance requirements
• Sound decision and problem solving skills
• Ability to perform well in a stressful position (for example, deadline pressure)

WORKING CONDITIONS

• Fast paced entrepreneurial work environment.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required.