Mortgage Quality Control Analyst

Bachelor’s degree in finance, Business Administration, or a related field (or equivalent work experience)
Minimum of 3+ years of experience as a residential mortgage underwriter or mortgage quality control underwriter
Strong knowledge of federal and state mortgage regulations and investor guidelines, including Fannie Mae, Freddie Mac, FHA, and VA guidelines
Excellent analytical skills and attention to detail
Proficient with Encompass mortgage loan origination system
Strong communication and interpersonal skills
Ability to work independently and as part of a team

Conduct comprehensive audits of mortgage loan files to ensure compliance with federal, state, and investor guidelines
Review loan documentation for accuracy, completeness, and adherence to underwriting standards
Ensure loans meet established guidelines and regulatory requirements, including Fannie Mae, Freddie Mac, FHA, VA, and other investor standards
Identify discrepancies and potential risks in loan files and provide detailed reports on findings
Collaborate with underwriting, processing, closing teams, and other relevant parties to rectify identified issues
Provide support and guidance to underwriters and processors on underwriting criteria and requirements
Take part in the development and implementation of quality control plans and procedures
Participate in evaluating current loan review processes and provide feedback and recommendations to increase efficiency and risk management capabilities
Stay updated on changes in mortgage regulations, underwriting guidelines, and industry best practices
Complete monthly training on key underwriting topics and quality matters
Maintain detailed and accurate records of quality control audits and supporting documentation in the LOS (Encompass) and quality management system (ACES)
Prepare and present quality control reports to management
Assist in the development of corrective action plans and monitor their implementation