Be a part of Asset & Wealth Management as a Quality Analyst now!

As a Quality Analyst within the Private Banking Mortgage business, you will be responsible for analyzing mortgage applications to assess credit risk. Your role will involve reviewing and inputting loan information in accordance with current guidelines, working closely with mortgage production and internal teams to manage exceptional scenarios, and pinpointing credit risks and deviations from standard Production QC guidelines. You will need to prioritize reviews to adhere to closing date timelines and demonstrate expertise in mortgage concepts, as well as a working knowledge of major US mortgage regulations. A comprehensive understanding of all stages of the mortgage origination life cycle is crucial, along with proficiency in analyzing documents such as titles, homeowners insurance, flood insurance, and appraisals. Your role will also require experience in production management, work allocation, prioritization, exception handling, and process documentation.

 

Job Responsibilities:
 

Review and enter loan information into the loan system according to current guidelines. Partner with Mortgage production and other internal teams within mortgage operations to resolve exceptional scenarios. Identify credit risks, variances, and deviations from standard Production QC guidelines. Prioritize reviews in adherence to the timeline for the Closing date. Demonstrate expertise in Mortgage concepts and maintain working knowledge of major US Mortgage Regulations. Understand all stages of the mortgage originations life cycle in detail. Analyze documents such as Title, Homeowners Insurance/Flood, Appraisal, etc., with proficiency. Have exposure to production management, work allocation, prioritization, exception handling, and process documentation. Consistently achieve daily production targets and maintain process accuracy with less than a 5% high QA error rate, ensuring timely turnaround of priority reviews. Maintain high hygiene standards, follow all process controls, and assist in data collection and report preparation, escalating issues and exceptions to management as needed. Interact with global stakeholders to resolve process issues, suggest enhancements and automations, and perform periodic risk and controls analysis for improved process valuation.

Required qualifications, capabilities, and skills:

Bachelor’s degree in Business, Finance, Accounting, or any related course 2+ years of mortgage experience in US mortgage loan originations . Experience in reviewing and analyzing US Financial Documents such as Title, Homeowners Insurance/Flood, Appraisal, etc. Must have had exposure to Quality management, Production management, work allocation, prioritization, exception handling, and process documentation Thorough understanding of all stages of mortgage originations life cycle. Working knowledge of major US Mortgage Regulations. Good MS Excel skills Demonstrates excellent analytical skills with attention to detail, quickly grasping and retaining mortgage concepts. Possesses strong communication skills and effective time management, with flexibility and adaptability to changes. Excels in collaboration and teamwork, handling exceptions and providing subject matter expertise. Willing to work across US, Asia, and EMEA shifts, challenging the status quo when necessary.