Post Quality Control Auditor

New American Funding

23h • $40 • Remote

About The Position

Primary responsibilities include in-depth file reviews of all post-closing quality control audits assigned. This position requires extensive experience in detection and prevention of loan fraud with underwriting and guideline knowledge of both conventional and government loans. Working in a paperless environment and LOS, the Post QC Quality Control Auditor is expected to make loan level risk analysis and work closely with other operational departments.

Requirements

• Strong ability to detect possible misrepresentation and/or fraud.
• Previous underwriting experience, and/or Quality Control review/audit experience of mortgage loans.
• Working knowledge of investor guidelines such as FNMA, FHLMC, FHA, VA, USDA, Jumbo and Reverse.
• Ability to analyze risk as it relates to investment quality loans, critical thinking with short yet comprehensive write ups.
• Extensive knowledge of DU, LP and manually underwritten loans.
• Ability to review audit documentation, perform analysis, validate and document potential risk to determine course of appropriate corrective action and/or make recommendations of such action.
• Excellent written and oral communication skills with the ability to rate and categorize risk ratings in a clear and concise manner.
• 5 or more years’ underwriting, credit and/or QC experience.
• Must be able to verify identity and employment eligibility to work in the U.S.

Nice To Haves

• DE and/or VA underwriting designations preferred but not required.

Responsibilities

• Quality control audits of closed loans with focus on delinquent loans, oversight audits of post QC vendor work or other closed loan file audits as needed while maintaining daily productivity levels of audits completed.
• Perform in-depth reviews and analysis of mortgage loans as assigned by Post Quality Control Manager.
• Perform risk analysis with identification of loan level defects with escalation to management.
• Audit results incorporate risk ratings, standardized defect categories along with determination if the findings is related to underwriting, compliance or quality control related.
• Early detection and prevention of fraud, familiarity with red flags.
• Perform review of reverifications as required per investors, agencies and NAF QC Plan with identification of discrepancies.
• Ensure all loans are underwritten in accordance with all required Investor and agency guidelines such as, FNMA, FHLMC, HUD, VA, USDA and Jumbo.
• Maintain knowledge of underwriting guidelines, AUS (DU, LP and Manual) requirements, NAF overlays, NAF policy and procedures.
• Data integrity reviews.
• Continuous education via webinars and other training.
• Assist management as needed with Post QC vendor findings and resolutions.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed