The company is looking to solve the problem of potential misrepresentation and/or fraud in loans, specifically in mortgage operations, by ensuring thorough re-underwriting and quality control.
Requirements
In-depth knowledge of manual underwriting and investor guidelines.
Advanced understanding of various income types and sources, including interpretation of personal and business tax returns.
Experience reviewing potential misrepresentation in income, employment, credit, occupancy, liabilities, and assets.
Strong knowledge of the consumer mortgage lending process and workflow.
Ability to work independently with minimal supervision.
Strong organizational, analytical, and problem-solving abilities.
Experience in fraud prevention, detection, and reporting, particularly in mortgage operations.
Responsibilities
Execute tasks within defined processing parameters, ensuring accuracy and attention to detail.
Review all underwriting decisions were made, ensure all the guidelines on mortgage products are being met by Home Mortgage production staff.
Determine if all DU conditions were input correctly, and conditions were satisfied.
Review each appraisal for soundness and determine if review appraisal is warranted.
Review legal documentation to ensure accuracy.
Assist in the performance of periodic targeted assurance reviews and perform other credit and quality duties as may be assigned.
Respond to internal and external customer inquiries within 24 hours.
Other
7+ years of experience in fraud prevention, detection, and reporting, particularly in mortgage operations.
Excellent oral and written communication skills.
Demonstrate leadership qualities and maintain a professional, positive attitude in all interactions.
Work toward Personal Development Plan (PDP) goals and present progress to management.
Complete all required Regulatory and HR compliance training quarterly by deadlines.
