QC Analyst

Summary

The Analyst, QC position is the entry level for the Analyst.  Review all loan types normally including, Government loans, IRRLS, Streamlines and Approved Eligible Conventional loans for all audit types. Will work on specific target audits on issues that are trending out of the review process.  Make sure that all re-verifications have been completed by the QC Coordinators on all files reviewed.

Essential Job Functions:

• Must be able to perform a quality audit for all Standard QC, EPD's, FPD's and Target Audits for all loan types including but not limited to Fannie Mae, Freddie Mac, FHA, VA and Private Investors.

• Demonstrate ability to calculate income, assets, credit and property reviews accurately and precisely.

• Ability to analyze all AUS findings and manually underwritten loans.

• Practical experience to interpret all internal and external policies and procedures provided by all agencies and Freedom Mortgage's internal overlays.

• Must have excellent verbal and written communication skills. Analysts must be able to articulate the issues, concerns and summary of the audit.

• Must be able to utilize all databases and software necessary to house the audit information and provide necessary work papers in an electronic format as directed by management.

• Ability to multitask and be extremely flexible in the workday activities.

• Ensure re-verification activity was performed and it validates the information used to approve and close the loan.

• Check all audit findings for completeness and accuracy.

• Maintain regular and punctual attendance.

Other Related Duties:

Performs other related duties as assigned.

Supervisory Responsibilities:

This job has no supervisory responsibilities.

Qualifications:

• Bachelor’s Degree or equivalent.

• This position requires a minimum of 4-5 years related experience and/or training; or equivalent combination of education and experience. Must include a minimum of 3-4 years of processing, underwriting, and/or quality control experience.

• Full understanding of all Product Types (FHA, VA, Conventional & USDA)

• Familiar with a variety of mortgage banking concepts, practices and procedures. Working knowledge of compliance regulations.

• Ability to work in a team environment, recognizes and acts on changing priorities.

• Strong verbal and written communication skills.

• Demonstrated analytical skills

• Prioritization skills.     

Language Skills

Ability to read, and interpret documents such as policy and procedure manuals, safety rules, operating and maintenance instructions. Ability to write routine reports and correspondence. Ability to speak effectively before groups of customers or employees of organization.

Mathematical Skills

Ability to calculate figures and amounts such as discounts, interest, commissions, and percentages.

Reasoning Ability

Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.

Certificates, Licenses, Registrations

None Required

Customer Service Relationships:

Requires moderate interpersonal and communication skills to ensure that customer requests or needs are met. Acknowledges and clarifies customer inquiries, requests, or complaints to ensure that needs are identified, documented and addressed.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  While performing the duties of this job, the employee is frequently required to sit and talk or hear.  The employee is occasionally required to stand; walk; use hands to finger, handle, or feel; and reach with hands and arms.  The employee must occasionally lift and/or move up to 25 pounds.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.

Equal Employment Opportunity

Freedom Mortgage is committed to providing equal employment opportunities to all employees and applicants without regard to race, ethnicity, color, sex, marital status, sexual orientation, gender identity or expression, pregnancy, religion, national origin, age (40 and over), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws.

Americans with Disabilities Act

Applicants as well as employees who are or become disabled must be able to satisfactorily perform the essential job functions of the position either with or without reasonable accommodation. Applicants as well as employees are encouraged to meet with Human Resources as the organization shall review reasonable accommodations on a case-by-case basis in accordance with applicable law.

Job Responsibilities

The following statements reflect the general duties and responsibilities considered necessary to perform the essential functions of the job and should not be considered as an all-inclusive list of all the work requirements of the position. Freedom Mortgage Corporation may change the specific job duties with or without prior notice based on the needs of the organization.