Quality Control Analyst at USA Mortgage

Creve Coeur, Missouri, United States -

Full Time

Start Date

Immediate

Expiry Date

28 Apr, 26

Salary

31.25

Posted On

28 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Quality Control, Compliance, Auditing, Mortgage Processing, Underwriting, Regulatory Requirements, Encompass Database, Microsoft Office, Analytical Skills, Attention to Detail, Communication Skills, Organizational Skills, Training Needs Assessment, Deficiency Remediation, Loan Audit Process, Residential Mortgage Knowledge

Industry

Financial Services

Description

Description Who We Are DAS Acquisition Company, LLC/USA Mortgage is 100% employee owned! Our mission is the relenting pursuit of perfection and we pride ourselves on leading excellence and the superior level of service that our status as a mortgage bank enables us to provide. Since 2001 USA Mortgage/ DAS Acquisition, LLC has been rated a top choice for a residential lender in the St. Louis metropolitan area by St. Louis Business Journal. Our ongoing success is driven by our strategy to deliver our clients a level of service unrivaled in the mortgage industry. We recognize that people are our competitive advantage. That’s why we put so much emphasis on ensuring that DAS Acquisition Company, LLC is a great place to work. What You’ll Do Work within Compliance Department on various pre-funding and post-closing Quality Control (QC) audits. Responsibilities include conducting daily mortgage file audits and providing important and timely feedback to the operation staff, preventing mortgage loans from closing with significant defects such as misrepresentation, inaccurate data, and/or inadequate documentation, working with third-party post-fund QC vendor, reviewing and remediating deficiencies identified by the third-party post-fund QC vendor, communicating deficiencies to the appropriate parties and otherwise facilitating corrective action as appropriate. Will provide recommendations regarding deficiencies and identify training needs for various roles within the Company including Sales and Operations functions. Responsibilities Perform pre-funding QC audits of loans final underwriting approved, but not yet closed. Review and remediate audit findings from third-party QC vendor. Summarize and log audit findings in the QC System for reporting purposes. Participate in the development of future enhancements to the loan audit process. Conduct vendor sampling audits of third-party QC vendor All other compliance related assignments as required for agency/regulatory compliance. Requirements Bachelor’s degree preferred. 5 Years mortgage experience with an emphasis in Processing, Underwriting or Auditing being preferred, including knowledge of Conventional, FHA, VA and USDA guidelines. Knowledge of Encompass Database software. Microsoft Office Suites. Broad understanding of residential mortgage loans and familiarity with mortgage loan products. Knowledge and understanding of regulatory requirements applicable to mortgage lending and other mortgage related laws and regulations. Moderate to advanced compliance knowledge within the financial services industry. Familiar with FNMA, FHLMC, VA, and USDA QC requirements. Excellent verbal and written skills. Strong analytical and organizational skills. Ability to analyze and calculate income, to analyze residential mortgage appraisals, and excellent attention to detail and ability to “read between the lines”. Ability to interpret rules, regulations and guidelines and apply the interpretation to business processes. Positive attitude, planning and execution, strong work ethic. Compensation Hourly Wage $26.45-$31.25 Benefits Voluntary: Medical, dental, vision, HSA, FSA, Short-Term Disability, Voluntary Life Insurance, CHUBB Supplemental Insurance, Pet Insurance, 401K Company Paid: Long-Term Disability, Group Life Insurance, Employee Assistant Program (EAP), 401K Match, Employee Stock Ownership Plan (ESOP)

Responsibilities

The Quality Control Analyst will conduct pre-funding and post-closing audits of mortgage files, providing feedback to prevent significant defects. They will also work with third-party vendors to review and remediate deficiencies and facilitate corrective actions.