Mortgage Quality Assurance Manager manages a team of auditors who ensure procedures regarding mortgage loans are being met according to company guidelines and policies. Reviews non-compliant operations and develops training programs to improve quality. Being a Mortgage Quality Assurance Manager provides reports to top management on training goals and results. May require a bachelor's degree. Additionally, Mortgage Quality Assurance Manager typically reports to a director. The Mortgage Quality Assurance Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Mortgage Quality Assurance Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (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.