Operational Controls Analyst (On-site)

Posted 2 Days Ago
Be an Early Applicant
Greenville, SC
Mid level
Financial Services
The Role
The Operational Controls Analyst ensures compliance with company policies and applicable regulations, managing risk programs, preparing reports, and conducting reviews of mortgage loans. Responsibilities include gathering requirements, managing vendor oversight, analyzing loan data, and presenting findings to stakeholders.
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

The Operational Controls Analyst is responsible for executing the Company’s key risk programs that ensure it is in compliance with company policies, procedures, and all applicable laws, rules, regulations. Compliance regulations include agency and investor requirements, that may include reviewing and researching loan files.

Principal Duties

  • Assist in the preparation of Monthly Reports which track and monitor material, moderate, and recurring exceptions identified during the reviews.
  • Deliver feedback on any necessary revisions/updates to policies and procedures.
  • Gather LOB requirements, develop standard test scripts within internal systems, and UAT, as applicable.
  • Manage monthly vendor scorecard oversight.
  • Effectively present information/respond to questions from managers, clients, customers, and public.
  • Conduct reviews on loans requested by investors, agencies, insurers, or warehouse lenders.
  • Analyze results from loan reviews and identify trends, either in loan quality or personnel.
  • Escalate any loan concerns to management and provide all necessary justification/documentation.
  • Serve as occasional delegate to more senior members of the team.
  • Performs related duties as assigned by management.

Education and Experience Requirements

  • High school diploma or equivalent, required.
  • Bachelor’s degree, preferred.
  • 3+ years experience in mortgage servicing 
  • Prior experience with various mortgage operations applications.

Knowledge, Skill, and Ability Requirements 

  • Strong Microsoft Office skills to include MS Word, Excel & PowerPoint
  • Strong working knowledge of SQL/data systems, and mortgage servicing systems.
  • Knowledge of FHA, VA, USDA, FNMA and FHLMC policies and guidelines.
  • Knowledge of mortgage loan processing, compliance, investor products or loan servicing
  • Strong interpersonal, oral, and written communication skills
  • Excellent customer service orientation.
  • Ability to multi-task, effectively prioritize tasks and responsibilities, effective time management.
  • Strong analytical skills: effective decision-making skills with the ability to appropriately exercise independent judgment and escalate quickly where needed.
  • Strong quality orientation with an attention to detail and accuracy.
  • Ability to work independently, as well as effectively function as a member of the Business Controls Team.
  • Accountability; strong work ethic.
  • Integrity, ability to maintain and work with confidential 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.

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

SQL
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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