NFM Lending Quality Control Auditor I (QC1) in United States
Quality Control Auditor I (QC1)
Linthicum, MD | Corporate - Linthicum, MD
The Quality Control Department is responsible for evaluating the quality of NFM’s mortgage production as well as to detect possible fraud and misrepresentation. To ensure loans conform to the policies and guidelines of NFM and various agencies including but not limited to: FNMA, Freddie Mac, GNMA, as well as other insurers or guarantors. To ensure the loans conform to local, state and federal laws and regulations. The QC Auditor I position is responsible for providing detailed mortgage file compliance reviews for pre-funding audits in accordance with Company and agency requirements, as well as other assigned QC projects as determined by the Chief Risk Officer.
Essential Job Functions:
Specific tasks will include, but are not limited to, the following:
Perform detailed pre-funding and/or post-closing loan file reviews.
Ensure loans comply with state & federal requirements as they pertain to TILA, RESPA, Regulation B, ECOA, FHA, VA & USDA guidelines
Perform risk analysis to detect and prevent fraud.
Identify and report trends and training opportunities.
Maintain company quality and daily production expectations.
Additional tasks as assigned.
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, skills, efforts, or working conditions associated with a job.
Specific Knowledge Requirements:
Current working knowledge of compliance guidelines and requirements, including but not limited to: TILA, RESPA, ECOA, Reg B, FHA, VA, & USDA disclosure requirements
Knowledge of mortgage compliance rules and regulations.
Knowledge of Encompass or (equivalent mortgage software.)
The ideal candidate must have the following:
Ability to coordinate with several different departments to resolve issues.
Ability to research problems and find solutions.
Ability to effectively communicate, work with, and build relationships with all levels of constituents including culturally and linguistically diverse staff members and external candidates and/or vendors, while operating in a fast-paced customer service driven environment.
Ability to listen to and understand information presented through oral expression and written material.
Must be able to identify tasks to be completed and move forward independently without prompting.
Ability to assess priorities, manage a variety of activities, follow up on tasks, and demonstrate excellent organizational skills.
Ability to read and analyze state and federal regulations.
Must be able to demonstrate strong analytical skills, and the ability to demonstrate initiative and ability to take action on information and resolve non-routine issues using sound business judgment.
Must have strong communications skills, verbal, written and good listening skills.
Must be able to hold ones’ self accountable for doing whatever is needed to meet all commitments and deadlines.
Must be able to work independently and be a team player with the willingness to get involved and assume additional responsibilities.
Must have the ability to maintain highly confidential information.
Must be able to demonstrate time and task management (multi-tasking) to meet multiple and often short deadlines.
Must be able to pay attention to details under tight deadlines or heavy workloads.
Ability to communicate effectively to instruct and guide others as required.
Comfortable with working with detail-oriented processes.
Ability to understand and carry out general instructions.
Work effectively under pressure and maintain a positive attitude.
Ability to provide efficient, timely, reliable and courteous service to internal clients.
Ability to work in a fast-paced ever changing environment and remain flexible.
Additional Working Conditions Information:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to sit and talk or hear. The employee is often required to walk; use hands to finger, handle, or operate computers, objects, tools, or controls; and reach with hands and arms. Specific vision abilities required by this job include close vision and the ability to adjust focus.
Diversity and Inclusion:
At NFM Lending we are a diverse team of champions, industry pioneers and action leaders. We draw on the differences in who we are, what we’ve experienced, and how we navigate the mortgage industry with focused intention. We work to attract, develop, engage, advance and retain a high performing workforce through fostering an inclusive culture where everyone can join in the journey to success. EOE.