Senior Analyst, Credit and Income

This is a fully remote position, open to applicants in India.

📋 Description

• Conduct quality control reviews after loan closing and prior to funding.

• Assess pre-closing and pre-funding documents for precision before their release.

• Evaluate post-closing documents for accuracy following loan closure.

• Ensure that all supporting documents are complete and properly executed.

• Document and report any loan exceptions.

• Analyze RADD, forensic, QM, non-QM, and portfolio loans.

• Perform reviews of credit and income, including calculating income.

• Detect red flags in loan files related to income, assets, credit, fraud, and issues with exclusionary lists.

• Examine entity documentation to comprehend business structures and authorized signatories.

⛳️ Requirements

• Bachelor's Degree or Master's Degree is required.

• Over 5 years of experience in retail US residential mortgage banking, specifically in QC, post-closing, and pre-funding.

• Proficient in RADD, forensic review, QM (Conventional, FHA, VA, and USDA), non-QM, and portfolio loan reviews.

• Experience with credit and income reviews, including income calculations for various employment types, self-employed income, rental income, and other income streams.

• Capability to identify red flags in income documentation, asset documents, credit reports, fraud reports, and exclusionary lists.

• Skill in reviewing entity documentation to grasp business structures and authorized signers.

• Familiarity with relevant federal regulations and state laws is advantageous.

• Ability to prioritize tasks and interpret policies, programs, and guidelines effectively.

• Exceptional attention to detail, organizational, and communication skills.

• Capacity to manage multiple tasks, embrace new responsibilities, and prioritize work in a fast-paced environment.

• Strong interpersonal and teamwork abilities with a capacity to influence through collaboration.

• Self-driven, with a high level of personal energy and commitment.

• Willingness to work night shifts as needed.

🏝️ Benefits

• Competitive salary reflective of your experience and skills.

• Excellent health benefits.

• Comprehensive insurance packages including Medical, Personal Accident Benefit, and Life Insurance.

• 6 paid days off annually.

• Employee engagement initiatives.

• Opportunities to participate in community service programs, including Habitat for Humanity.