Credit Policy Analyst at CrossCountry Mortgage, LLC

, , United States -

Full Time

Start Date

Immediate

Expiry Date

14 Jun, 26

Salary

95000.0

Posted On

16 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Policy Analysis, Policy Review, Policy Vetting, Policy Publication, Underwriting Criteria, Agency Guidelines Interpretation, Investor Guidelines Interpretation, Data Analysis, Fannie Mae, Freddie Mac, FHA, VA, USDA, Loan Quality Audit, Prioritization, Problem-Solving

Industry

Financial Services

Description

CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 7,000 employees operating over 700 branches and servicing loans across all 50 states, D.C. and Puerto Rico. Our company has been recognized ten times on the Inc. 5000 list of America's fastest-growing private businesses and has received many awards for our standout culture. A culture where you can grow! CCM has created an exceptional culture driving employee engagement, exceeding employee expectations, and directly impacting company success. At our core, our entrepreneurial spirit empowers every employee to be who they are to help us move forward together. You’ll get unwavering support from all departments and total transparency from the top down. CCM offers eligible employees a competitive compensation plan and a robust benefits package, including medical, dental, vision, as well as a 401K. We also offer company-provided short-term disability, an employee assistance program, and a wellness program. Position Overview: The Credit Policy Analyst is responsible for contributing to the review, vetting, and publication of Credit Policy related communications. Reporting directly to the AVP of Credit Policy, the Credit Policy Analyst will support the development and administration of CCM credit policies, procedures, and underwriting criteria. Job Responsibilities: Collaborate with other departments within Operations, Secondary Marketing and Servicing. Assist with the clear and consistent communication of agency and investor guidelines, updates, and interpretation. Provide draft communications of agency and investor updates, clarifications, and changes for distribution. Research and analyze data provided by various Agencies and Investors to help management determine the application of various policies and procedures. Provide feedback summaries regarding announcements, bulletins and updates provided by Agencies / Investors (Fannie Mae, Freddie Mac, FHA, VA, USDA, and various investors) to the AVP of Credit Policy for review and publication. Compile information detailing the specifics of information clarified or communicated by each Agency/Investor. Ensure related documentation for all credit policy changes is gathered and adheres to the audit trail requirements of all source documentation and research. Participate in drafting or recommending modifications to standard operating procedures, job aids, manuals, and other documentation based on clarified, vetted and/or updated information. Complete testing as needed. Support management in the development, improvement and administration of credit policies, procedures, and underwriting criteria. Perform other Credit Policy related responsibilities as assigned by management. Qualifications and Skills: Bachelor’s Degree or equivalent combination of education and/or experience. 10+ years residential mortgage underwriting and/or credit risk experience, with guideline knowledge (FHA, VA, USDA, Conventional, Non-Agency, Non QM). Loan quality audit experience. Excellent prioritization, analytical and problem-solving skills. Excellent communication skills. Proficient in Microsoft Word, Excel, and Outlook. Encompass LOS experience a plus. This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position. Pay Range: Annual Salary: $85,000-$95,000 Bonus: Bonus Eligible if applicable The posted pay range considers a wide range of compensation factors, including candidate background, experience and work location, while also allowing for salary growth within the position. CrossCountry Mortgage, LLC offers MORE than a job, we offer a career. Apply now to begin your path to success! careersatccm.com CrossCountry Mortgage, LLC strives to provide employees with a robust benefit package: https://mycrosscountrybenefits.com California residents: Please see CrossCountry’s privacy statement for information about how CrossCountry collects and uses personal information about California applicants. CrossCountry Mortgage supports equal employment opportunity in hiring, development and advancement for all qualified persons without regard to race, color, religion, religious creed, national origin, age, physical or mental disability, ancestry, marital status, uniformed service, covered veteran status, citizenship status, sex (including pregnancy, childbirth, and related medical conditions, and lactation), sexual orientation, gender identity, gender expression, transgender status, domestic violence victim status (where applicable), protected hair style or texture, genetic information (testing or characteristics), or any other protected status of an individual or because of the individual’s association with a member of a protected group or any other characteristic protected by federal, state, or local law (“Protected Characteristics”). The collective sum of the individual differences, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities and talent that our employees invest in their work represents a significant part of not only our culture, but our reputation. The Company is committed to fostering, cultivating and preserving a culture that welcomes diversity and inclusion. CrossCountry Mortgage, LLC (NMLS3029) is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. To verify licensing, please visit www.NMLSConsumerAccess.org. Our growth is creating great opportunities! Our team is expanding, and we want to hire the most talented people we can. Continued success depends on it! So once you've had a chance to explore our current open positions, apply to the ones you feel suit you best and keep track of both your progress in the selection process, and new postings that might interest you! Thanks for your interest in working on our team! Our Work Experience is the combination of everything that's unique about us: our culture, our core values, our company meetings, our commitment to sustainability, our recognition programs, but most importantly, it's our people. Our employees are self-disciplined, hard working, curious, trustworthy, humble, and truthful. They make choices according to what is best for the team, they live for opportunities to collaborate and make a difference, and they make us the #1 Top Workplace in the area.

Responsibilities

The Credit Policy Analyst supports the development and administration of credit policies, procedures, and underwriting criteria by contributing to the review, vetting, and publication of related communications. This role involves collaborating across departments and assisting with clear communication of agency and investor guidelines, updates, and interpretations.