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QA Analyst
Location
Illinois
Posted
80 days ago
Salary
$63.5K - $96.3K / year
Seniority
Lead
Job Description
QA Analyst
Baker Tilly US
• Must be able to perform QA reviews between 5-10% of the current volume per month • The role requires the ability to provide detailed feedback to the Auditing team, to include guideline and overlay references and respond during the feedback process in a professional and detailed manner • This role will assist in the Baker Tilly test file process in various capacities (review and oversight) • This role requires in-depth knowledge of the Quality Control function with regards to FNMA, FHLMC, FHA/VA, USDA requirements • The QA Specialist should be well versed in performing and reviewing Pre and Post Close reviews, Repurchase reviews, Early Payment Default and Red Flag/ Fraud Reviews • The QA Specialist must be knowledgeable in both state and federal regulatory requirements for real estate lending, must understand how to assess the accuracy, reliability, and appropriateness of each document • Understands the quality control needs of the organization and that of our Clients • Will assist the management team in Auditor training as required; development and maintenance of employee scorecard and performance standards for the Quality Control Department • Assist in drafting and maintaining quality control policies and procedures • Document and maintain the QA reporting records and provide monthly reports to management • Assist in investigating and reviewing client oversight items • Analyze data to identify areas for improvement in the quality control department • Assist in developing, recommending and monitoring corrective and preventive actions prepare reports to communicate outcomes of quality activities • Assist in identifying training needs based on scorecard issues • Proactively determine areas of additional focus for QA regarding specific auditors and/or clients
Job Requirements
- 10 years of mortgage underwriting and/or quality control experience
- Must have the ability to review and convey QC results in relation to agency/corporate policy, investor/agency, regulatory, and procedures and guidelines
- Extensive understanding of Processing, Underwriting, Closing, and Post-Closing processes
- Full understanding of Fannie Mae, Freddie Mac, and VA/FHA/USDA guidelines and overlays
- Must be able to perform research and be able to analyze financial statements/documents, complex tax returns, and be able to interpret findings
- Experience in report management including database reporting
- Advanced computer skills with Microsoft Office - Excel and utilization of various computer software systems
- Organized, high attention to detail, critical thinking, and problem-solving skills, and proficient in time management are required.
Benefits
- Health insurance
- 401(k) matching
- Flexible working hours
- Paid time off
- Professional development opportunities
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