Sr. Quality Review Specialist na Newrez

Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications.

We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.
 

Duties and Responsibilities

• Review, analyze, document, and respond to all loan Quality Audit Findings on including, but not limited to, loans audited by Quality Control, Internal Audit, Government Insuring, Servicing, Compliance, Post Closing, Investor Delivery, Investor Repurchase and Self-Test targeted audits.
• Review and remediate, as assigned self-test audit files for Quality to determine compliance and acceptance of loan.
• Provide Non-Delegated Loan Setup Underwriting Support. Tasks to include FHA Case Assignments, Non-Del LSU UW Pipeline Management, and UW Self-Test loan reviews.
• Work with Correspondent Operation and Sales Team members to obtain documentation required to clear findings and improve quality of loans.
• Analyze and maintain records of findings and track trends in performance of clients, vendors, and team members.
• Document Quality Review Findings in a reporting Database for monitoring and reporting to Operations Management Team
• Ensure all loans meet compliance and RESPA guidelines. Process Cures as needed within Federal Regulatory Guidelines and escalating trends and inconsistencies to Department Manager for appropriate communication to Operations Management Team.
• Participate in discussions, as needed, with auditors regarding monthly finding reports as well as loan program, Investor, State, and Federal guidelines.
• Participate in Vendor training sessions to ensure compliance with Newrez pre and post purchase mortgage guidelines.
• Participate in the training of new personnel to ensure consistency and accuracy of reviews.
• Complete tasks as delegated by Department Management.
• Review and maintain guidelines to stay up to date with all requirements.
• Review data integrity in systems for accuracy and completion.
• Performs related duties as assigned by management.

Qualifications and Education Requirements

• High school diploma or equivalent, required.
• Courses in real estate/mortgage banking are helpful.
• 5+ years’ experience in mortgage loan processing, underwriting, and closing procedures for Jumbo, Conventional, FHA and VA loans.

Skills, Abilities, and Knowledge

• Possess understanding of state compliance guidelines nationwide.
• Knowledge of Current TRID Compliance requirements
• Insight as to current business environment within Correspondent Channel
• Excellent Customer Service skills
• Excellent verbal and written communication skills; analytical skills
• Ability to work independently in a high-volume environment that frequently changes due to regulatory or policy updates.
• PC skills required: Experience with setup and configuration of computers as well as experience with Microsoft Word, Excel, PowerPoint, etc.

Additional Information:

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement.

Company Benefits:

Newrez is a great place to work but we are only as strong as our greatest asset, our employees, so we believe in rewarding them!

• Medical, dental, and vision insurance

• Health Savings Account with employer contribution

• 401(k) Retirement plan with employer match

• Paid Maternity Leave/Parental Bonding Leave

• Pet insurance

• Adoption Assistance

• Tuition reimbursement

• Employee Loan Program

• The Newrez Employee Emergency and Disaster Fund is a new program to support our team members

Newrez NOW:

• Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more

• 1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice

• Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee

• Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions

Equal Employment Opportunity 
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

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