**open to this position being worked remotely** senior mortgage quality control analyst-originations job summary: responsible for reviewing a sampling of mortgage loans from both retail and correspondent channels to confirm that loan adheres to investor and regulatory requirementsAnalyzes various loan documents including application, credit, income, assets, appraisals, and disclosures to validate the underwriting approvalSenior mortgage quality control analyst-originations essential functions (responsibilities):
Analyzes a selected number of loans monthly to ensure accuracy and completeness, assesses credit worthiness, and adherence to agency, investor, and regulatory requirements.
Documents effectively and efficiently all deficiencies noted in loan file and assists in gathering all responses to ensure they timely and correctly address the respective finding.
Assists in providing analysis for trends and identifying risk during the review process and provides recommendation for improvement where needed.
Performs special audits as required in response to requests from management and/or investor and regulatory agencies.
Examines appraisals to ensure the evaluation is in line with company guidelines and investor requirements.
Identifies red flags, conducts additional due diligence when discrepancies are noted, and exercises judgment when utilizing the escalation process.
Performs targeted underwriting analysis as needed on more complex mortgages such as self-employed or borrowers with numerous investment properties which pose higher credit risk.
Validates underwriting decision and ensures documents meet all aus requirements.
Assists in other risk assessments and special projects as required or assigned.
Engages in training opportunities to stays informed of industry changes.
Assists in identifying issues with the loan manufacturing process, manages qc pipelines, and follows established departmental process and procedures.
Performs suspicious activity investigations as required and escalates if needed.
Exercises awareness with regard to possible suspicious activity, money laundering or fraudulent behavior and reports any such incidents to the bsa departmentPerforms all job functions in compliance with all company policies and federal, state, and local laws and regulations as applicable to the position, including, but not limited to bsa/aml, ofac and glba/privacy rules.
Performs related responsibilities as required or assigned.
Requirements: senior mortgage quality control analyst-originations required qualifications: knowledge/skills/abilities
Advanced working knowledge of federal, state and local regulations applicable to mortgage lending, loan originations.
Self-motivated, dependable, and attention to detail.
Solid analytical and conceptual skills, especially as required in analyzing credit data, file integrity, income, assets, and loan file data.
Proficient in ms word, ms excel, ms powerpoint, outlook applications, and loan origination software.
Excellent communication skills time management, prioritization, and multitasking skills.
Ability to work in a team environment, recognize and act on changing priorities
Exemplifies the gateway values: growth oriented, make a difference, `get it done` attitude, team player, do the right thing.
Equivalent education/experience
High school diploma.
College degree or equivalent work experience preferred.
5 years of experience in mortgage industry as a mortgage underwriter including conventional, fha, va, and rdDe or sar certification preferred.
Senior mortgage quality control analyst-originations special job dimensions:
Maintain strict department confidentiality standardsMinimum amount of travel may be requiredNote: the essential job functions and associated qualifications contained in this document describe the general nature and level of the work performedThey are not intended to represent an exhaustive listing or be inclusive of all aspects of the jobThe tasks and procedures involved in the performance of the essential job functions may vary from day-to-dayMajor changes in areas of responsibility may occur, as directed by management, and will require revision of this job description.
