Sr Quality Review Specialist

Posted Yesterday
Be an Early Applicant
Fort Washington, PA, USA
In-Office
Senior level
Financial Services
The Role
Review and analyze mortgage loans for compliance with federal, state, investor, and company guidelines; document and remediate audit findings; support underwriting setup tasks; track trends, maintain reporting, and coordinate with operations, correspondents, vendors, and auditors to clear findings.
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 Quality Review Specialist will review and analyze Mortgage Operation loans to ensure loans are compliant with State and Federal guidelines and policies. This person will convey complex information to management and departmental units clearly and concisely ensuring their complete understanding. This person will also follow up on outstanding documentation to clear open findings on all audit reports.

DESCRIPTION

Duties and Responsibilities

  • Review, analyze, document, and respond to all loan Quality Audit Findings on including, but not limited to, loans audited by Quality Control, Internal Audit, Government Insuring, Servicing, Compliance, Post Closing, Investor Delivery, Investor Repurchase and Self-Test targeted audits.
  • Review and remediate, as assigned self-test audit files for Quality to determine compliance and acceptance of loan.
  • Provide Non-Delegated Loan Setup Underwriting Support. Tasks to include FHA Case Assignments, Non-Del LSU UW Pipeline Management, and UW Self-Test loan reviews.
  • Work with Correspondent Operation and Sales Team members to obtain documentation required to clear findings and improve quality of loans.
  • Analyze and maintain records of findings and track trends in performance of clients, vendors, and team members.
  • Document Quality Review Findings in a reporting Database for monitoring and reporting to Operations Management Team
  • Ensure all loans meet compliance and RESPA guidelines. Process Cures as needed within Federal Regulatory Guidelines and escalating trends and inconsistencies to Department Manager for appropriate communication to Operations Management Team.
  • Participate in discussions, as needed, with auditors regarding monthly finding reports as well as loan program, Investor, State, and Federal guidelines.
  • Participate in Vendor training sessions to ensure compliance with Newrez pre and post purchase mortgage guidelines.
  • Participate in the training of new personnel to ensure consistency and accuracy of reviews.
  • Complete tasks as delegated by Department Management.
  • Review and maintain guidelines to stay up to date with all requirements.
  • Review data integrity in systems for accuracy and completion.
  • Performs related duties as assigned by management.

Qualifications and Education Requirements

  • High school diploma or equivalent, required.
  • Courses in real estate/mortgage banking are helpful.
  • 5+ years’ experience in mortgage loan processing, underwriting, and closing procedures for Jumbo, Conventional, FHA and VA loans.

Skills, Abilities, and Knowledge

  • Possess understanding of state compliance guidelines nationwide.
  • Knowledge of Current TRID Compliance requirements
  • Insight as to current business environment within Correspondent Channel
  • Excellent Customer Service skills
  • Excellent verbal and written communication skills; analytical skills
  • Ability to work independently in a high-volume environment that frequently changes due to regulatory or policy updates.
  • PC skills required: Experience with setup and configuration of computers as well as experience with Microsoft Word, Excel, PowerPoint, etc.

REVISION HISTORY

Last Updated: 10/14/2025

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.

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CA Notice at Collection

Skills Required

  • High school diploma or equivalent
  • 5+ years' experience in mortgage loan processing, underwriting, and closing procedures for Jumbo, Conventional, FHA and VA loans
  • Understanding of state compliance guidelines nationwide
  • Knowledge of current TRID and RESPA compliance requirements
  • Experience with FHA case assignments, Non-Delegated Loan Setup underwriting support, and UW self-test loan reviews
  • Experience with Microsoft Word, Excel, PowerPoint and general PC setup/configuration
  • Excellent verbal and written communication and customer service skills
  • Ability to work independently in a high-volume, changing regulatory environment
  • Smartphone that meets company security standards and ability to install apps (e.g., Microsoft Authenticator)
  • Courses in real estate/mortgage banking

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.

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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.

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