Senior Principal Business Analyst

Posted 3 Days Ago
Be an Early Applicant
Coppell, TX, USA
In-Office
Senior level
Financial Services
The Role
Lead projects to improve processes and systems for mortgage loan origination. Perform gap analysis, gather and document requirements, translate into features/user stories, design data flow diagrams and prototypes, support UAT, act as single point of contact, and collaborate with development and QA using tools like SQL, Lucid, Figma, and Azure DevOps.
Summary Generated by Built In
Who We Are

At Newrez, we bring big thinkers and caring doers together to make home happen. We’re a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other. We believe that when our people thrive, homeowners thrive - and that’s why we invest in your growth, wellbeing, and ability to make an impact.

Every day, we work to exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and clear communication. We do this by empowering our employees, encouraging innovative solutions and recognizing great performance.

POSITION SUMMARY

The Sr Principal Business Analyst fulfills analyst activities specific to their department .This role is responsible for leading discrete projects that are focused on creating efficiency within the organization through process improvement or enhancing technology systems.

DESCRIPTION

Essential Functions, Duties, and Responsibilities

1. Work with the departmental managers to understand the current processes and systems to perform Gap Analysis and identify the deficiencies in the software system by comparing actual objectives with the objectives desired.

2. Work with the development team to design, test, implement, and maintain updates within company databases and applications necessary to streamline/automate a business process.

3. Support Loan origination system process improvements by applying mortgage domain expertise and be a single point of contact for all business stakeholders and software development team.

4. Engage in discussion with stakeholders/Business Partners to understand, gather, analyze, and document the business requirement and then break it down into features and user stories for the software development team.

5. Gather and analyze data in support of SOP’s and develop prototypes and data flow and solution design diagrams to address business problems for business partners/stakeholders, Development and Quality Assurance team to help visualize the proposed solutions.

6. Serve as a single point of contact for project related issues that need to be escalated to senior management for resolution and for the development team to address any defects and for requirement clarification and grooming.

7. Work with Product Manager to organize and execute pre-deployment user acceptance testing that is specific to the project.

8. Be responsible for building and maintaining requirement traceability and communicating any changes in the function and system requirements to different stakeholders, software development team, quality assurance team, and User Acceptance testing team.

9. In connection with above duties, utilize experience in Origination Mortgage software platform; loan cycle process for Retail, Direct to Customer, WHL, and Broker community; data flow diagrams, documentation, reporting, and presentations; and SQL, Lucid, Figma, and Microsoft Azure Devops (VSTS).

Qualifications and Education Requirements

  • Bachelor's degree in Computer Science, Information Technology, Computer Information Systems, or directly related field of study, plus 10 years of experience in the following:

     

    1. Mortgage industry in Origination Mortgage software platform;

    2. Loan cycle process for Retail, Direct to Customer, WHL, and Broker community;

    3. Data flow diagrams, documentation, reporting, and presentations; and

    4. SQL, Lucid, Figma, and Microsoft Azure Devops (VSTS).

     

    In alternative, employer accepts Master’s degree in above listed fields plus 7 years of experience as listed above.

     

    Experience may be gained concurrently. Employer will accept any suitable combination of education, training or experience.

Skills, Abilities, and Knowledge

  • Proficiency in defining business problems and proposing solutions.
  • Product, Process and Industry Knowledge.
  • Expert skills in Microsoft Excel, including the ability to utilize the following functions: V-Lookup, H-Lookup, Concatenating formulas, Conditional formatting, and Pivot Tables
  • Excellent interpersonal, verbal and written communication skills.
  • Must be proactive and solutions oriented business professional with the ability to interface with all levels of management across business units and functions.

Work Environment and Physical Requirements

  • Working on-site at assigned office location.
  • Regular and punctual attendance adhering to schedule established by leadership.
  • Flexibility to work occasional adjusted work schedules, overtime, and evening and/or weekend hours to meet deadlines or as business needs demand.
  • Working in a cubicle hub, maintaining focus on phone calls in a noisy environment within earshot of multiple other conversations.
  • Sedentary work in a stationary position at a cubicle for prolonged periods of time.
  • Constant repetitive motions required for operating a computer, such as typing and managing phone calls.
  • Constantly communicating effectively verbally in English, including accurately exchanging information with others following identification of correct procedures.

                                                                                                                    

Additional 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.

All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator. Employment will be contingent on this requirement.

Why Newrez

We’re a great place to work because we invest in what matters: your career, your community, your wellbeing, and your future. Our total rewards package is designed to support your whole self.

Company Benefits:

We offer benefits, programs, and perks that support you in every aspect of your life.

  • Medical, dental, and vision insurance

  • Health Savings Account with employer contribution

  • 401(k) Retirement plan with employer match

  • Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave

  • Adoption Assistance

  • Tuition & Certification reimbursement

  • Employee Mortgage Loan Program

  • The Newrez Employee Emergency and Disaster Fund is a program to support our team members experiencing hardships

Newrez NOW:

Through Newrez NOW, our Corporate Social Responsibility program, you’ll have opportunities to give back, lead, and make a difference.

  • 1 company-paid Volunteer Time Off day (with over 40,000 volunteer hours contributed since our inception)

  • Matching Gifts Program - dollar-for-dollar up to $1,000

  • Access to grants, nonprofit resources, and volunteer opportunities

  • More than $6,000,000 donated since 2020

  • 1 in 5 employees participates in at least one Employee Resource Group (ERG)

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.

CA Privacy Policy

CA Notice at Collection

Skills Required

  • Bachelor's degree in Computer Science, Information Technology, Computer Information Systems, or related field plus 10 years relevant experience (Master's +7 years accepted)
  • Experience in mortgage industry with Origination Mortgage software platforms
  • Knowledge of loan cycle processes for Retail, Direct to Customer, WHL, and Broker channels
  • Experience creating data flow diagrams, documentation, reporting, and presentations
  • Proficiency with SQL
  • Experience with Lucid
  • Experience with Figma
  • Experience with Microsoft Azure DevOps (VSTS)
  • Expert Microsoft Excel skills (VLOOKUP, HLOOKUP, concatenation, conditional formatting, pivot tables)
  • Excellent interpersonal, verbal, and written communication skills
  • Proactive, solutions-oriented with ability to interface at all management levels
  • Work on-site at assigned office location
  • Smartphone capable of installing company security apps such as Microsoft Authenticator

NewRez Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about NewRez and has not been reviewed or approved by NewRez.

  • Healthcare Strength The benefits lineup includes medical, dental, prescription, and vision coverage, with HSA/FSA options plus life and disability insurance. An Employee Assistance Program adds support resources alongside core health coverage.
  • Retirement Support A 401(k) plan with company match is available to support long-term savings. Notes about vesting and tenure clarify how the benefit is earned over time.
  • Leave & Time Off Breadth Paid time off starts at 15 days in year one, rises to 18 after the first anniversary, and includes 8 paid holidays. Additional leave options include parental bonding and family care.

NewRez Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Fort Washington, PA
1,575 Employees

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.

Similar Jobs

Realtor.com Logo Realtor.com

Director of Product Design

Big Data • Real Estate • Software
Hybrid
Austin, TX, USA
1250 Employees

WorkWhile Logo WorkWhile

Enterprise Account Executive

Artificial Intelligence • HR Tech • Information Technology • Machine Learning • Software • App development • Industrial
In-Office or Remote
2 Locations
100 Employees

2K Logo 2K

Manager, Engineering

Gaming • Information Technology • Mobile • Software • Esports
Hybrid
Austin, TX, USA
3505 Employees

Graphcore Logo Graphcore

Engineering Program Manager

Artificial Intelligence • Semiconductor
Hybrid
Austin, TX, USA
762 Employees

Similar Companies Hiring

Granted Thumbnail
Mobile • Insurance • Healthtech • Financial Services • Artificial Intelligence
New York, New York
23 Employees
Hanover Park Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
42 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account