In-Line Foreclosure QA Specialist (On - Site)

Posted 13 Hours Ago
Be an Early Applicant
Tempe, AZ
Senior level
Financial Services
The Role
The In-Line Foreclosure QA Specialist is responsible for quality control and audit oversight within the Foreclosure department. Key tasks include reviewing judgment orders and foreclosure documents, identifying operational risks, and working with managers to improve processes. The role also involves generating error reports, conducting monthly audits, and contributing to team projects.
Summary Generated by Built In

Who we are

Shellpoint Mortgage Servicing (SMS) is one of America’s top-five non-bank mortgage-servicing companies. What is mortgage servicing? Our clients are businesses that own mortgage loans (such as banks and real estate investment firms). On their behalf, we manage (or “service”) their loan portfolios, which means that we collect homeowners’ mortgage payments, pay their tax and insurance bills, and help homeowners in default to get current.
 

Primary Function

This position provides quality control, audit oversight and risk identification for the functions performed within the Foreclosure department. The auditor will work closely with the functional area managers to ensure appropriate review and remediation of defects identified.

Principal Duties

  • Assist in identifying operational risks and escalating issues to management.
  • Performs reviews of proposed judgment orders pre-filing to ensure accuracy and compliance to state and client regulations.
  • Performs reviews of other foreclosure related documents to ensure accuracy as needed.
  • Regularly enters file level attorney firm discrepancies errors are identified and reviews monthly firm scorecards of highest error rate firms.
  • Work with Attorney Network department to develop Performance Improvement Plans when firm quality issues are identified.
  • Recommend procedural changes and/or policy updates.
  • Identifies trends and potential training opportunities based on quality control oversight.
  • Research and review accounts, items, or processes
  • Quality Assurance liaison with functional areas
  • Provides on-site expertise to assist staff with foreclosure processing and document related questions specific to the quality oversight review.
  • Reviews and identifies areas of opportunity from trends in QA analysis, provides information to management on root cause analysis and trends.
  • Assist with generation of error reports and monthly reporting of QA key performance indicators.
  • Complete monthly workflow audits
  • Maintain and improve quality results by following standards, identifying, and recommending areas of improvement or additional oversight.
  • Compiles daily, weekly, and monthly loan level quality review results and trending
  • Participates in special projects for the department as assigned.
  • Performs related duties as assigned by supervisor.

Education and Experience Requirements

  • High school diploma or equivalent required.
  • College degree or equivalent experience required.
  • 4+ years of mortgage servicing or foreclosure experience required.

Knowledge, Skill, and Ability Requirements 

  • Detail oriented, excellent organizational skills and ability to handle multiple tasks.
  • Able to effectively interact with managers and members of the functional areas including but not limited to Foreclosure and compliance.
  • A self-motivated work style and a strong desire to exceed expectations.
  • Excellent written and verbal communication skills
  • Able to work with minimal supervision.
  • Ability to meet timelines.
  • Must possess excellent attention to detail and problem-solving skills.
  • Above average skills in quality and production rates
  • BKFS/LoanSphere experience required.
  • Proficiency in Microsoft Office- Outlook and Excel

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.

Company Perks:
• 15 Paid Time Off (PTO) days and 18 after 1st anniversary!
• 9 Paid Holidays
• Employee Engagement Activities


 Company Benefits:
• Medical (including Health Savings Account & Flexible Savings Account)
• Dental - RX – Vision – Life, Disability Insurance – 401(k) Plan with company match! – Employee Assistance Plan 

 Performance-based Incentives
• Pet Insurance

• Advancement Opportunities

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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CA Notice at Collection

Top Skills

Bkfs/Loansphere
The Company
HQ: Fort Washington, PA
1,575 Employees
On-site Workplace

What We Do

Newrez LLC (Newrez) is a leading nationwide mortgage lender and servicer. As a lender, Newrez focuses on offering a breadth of industry-leading products, supported by a loan process that blends both human interaction and the benefits of technology into an unparalleled customer experience. Founded in 2008 and licensed to lend in 50 states, Newrez is headquartered in Fort Washington, Pennsylvania and operates multiple lending channels, including Correspondent Lending, Wholesale, Direct-to-Consumer, Retail, and a network of joint venture partners. Newrez’s servicing business consists of its performing loan servicing division, Newrez Servicing, and its special servicing division, Shellpoint Mortgage Servicing. Newrez also has several affiliates that perform various services in the mortgage and real estate industries. These include Avenue 365 Lender Services, LLC, a title agency, and E Street Appraisal Management LLC, an appraisal management company. Newrez is member of the New Residential Investment Corp. family. More information is available at www.newrez.com.


© 2022 Newrez LLC {f/k/a New Penn Financial, LLC}. All Rights Reserved. {Doing business as Newrez Mortgage in the states of Arkansas and Texas}. {Website approval pending with the New York Department of Financial Services.} This communication does not constitute a commitment to lend or the guarantee of a specified interest rate. All loan programs and availability of cash proceeds are subject to credit, underwriting and property approval. Programs, rates, terms and conditions are subject to change without notice. Other restrictions apply. Newrez LLC, 1100 Virginia Drive, Suite 125, Fort Washington, PA 19034. Corp NMLS#: 3013 (www.nmlsconsumeraccess.org). Additional licenses available at www.newrez.com. Equal Housing Opportunity.

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