Mortgage Quality Assurance Auditor monitors and ensures procedures regarding mortgage loans are being met according to company guidelines and policies. Determines non-compliant operations and documents details. Being a Mortgage Quality Assurance Auditor provides management with reports and recommends improvements. May require a bachelor's degree. Additionally, Mortgage Quality Assurance Auditor typically reports to a manager or head of a unit/department. The Mortgage Quality Assurance Auditor gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Mortgage Quality Assurance Auditor typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)
The QA Auditor – Loan Servicing is an important member of the compliance department who is responsible for overseeing risk and compliance monitoring for various operational functions. Reviews center around statutory, regulatory, agency and investor requirements, along with areas of operational risk. In fulfilling job responsibilities, the successful candidate is responsible for developing solutions and coordinating with operational and corporate management to support compliance initiatives at the direction of Compliance Management.
Position purpose - Responsibilities/Duties/Functions/Tasks
Reviews loan files for accuracy, completeness, and fraud detection consistent with applicable statutory, regulatory, agency, and investor guidelines
Qualifications
Preferences
Company Conformance Statement
In the performance of assigned tasks and duties all employees are expected to conform to the following:
Work Requirements
Each employee must be able to communicate clearly and effectively, utilize a computer, maintain a work schedule, and effectively perform in an office setting. To maintain critical job functions, day-to-day responsibilities center around PRMI’s branch or corporate office location. As business permits, employees demonstrating competency in job responsibilities may be permitted to work remotely on a limited basis with the majority of their time spent in the office. All employees working in a remote capacity must demonstrate the ability to comply with the PRMI remote work policy. Remote work is not required but is a privilege. Permission to work remotely may be terminated at any time.
Employment with PRMI requires compliance with and adherence to all applicable mortgage and fair lending laws and regulations as well as PRMI policies. The ability to work extended hours may be required.
Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.