Mortgage Quality Control Auditor (Remote Eligible)

Why Silverton Mortgage:

• We are a people first organization that was voted a top place to work by the Atlanta Journal and Constitution and the Financial Services Industry
• We believe in giving back and we do so through The Silverton Foundation
• Our strong communication skills drive customer satisfaction
• We offer extensive product lines and maintain an in-house loan process that offers a competitive edge
• We have fun!

Position Title: Pre-Funding Auditor Location/Branch: Corporate Reports to: Quality Control Manager Department: Compliance/Risk Management Work presence: Remote Pay: The expected hiring range for this position is from $30/hr-$35/hr plus additional bonus opportunity. The stated hiring range is based on experience, qualifications, and other relevant factors. Final compensation decisions will take into account a variety of considerations, including individual skills, internal equity, and organizational needs. FLSA Status: Full-Time, Hourly, Non-Exempt JOB SUMMARY This position will be responsible for various duties relating to the pre-closing auditing, reporting and monitoring of selected loan files. The Pre-Funding Auditor maintains a high level of professionalism and confidentiality while providing exemplary customer service to our internal and external customers with focus on loan quality and compliance. JOB FUNCTIONS 1. File Management

• Perform the pre-funding audit on Government (all channels) and Conventional loans.
• Participate in independent audit selections to ensure compliance.
• Utilizes various scoping and sampling methodologies to gather and interpret data.
• Maintains strong knowledge on regulations, rules, underwriting guidelines, and processes.
• Review credit, income documentation, calculations, and assets used to qualify for accuracy and comply with compliance by validating underwriter’s loan approval and regulatory standards.
• Review loan file disclosures for completeness and accuracy.
• Complete and document Verbal Verification of Employment process on borrowers.
• Conduct a full credit review to ensure investor and agency guidelines are met.
• Review loan files for potential fraud indicators.
• Verify the accuracy and completeness of files, including MERS records and applicable government exclusionary lists.
• Identify issues that may result in the inability to sell a loan on the secondary market and escalate concerns appropriately.
• Communicate effectively with operations staff to address any unresolved issues and elevate concerns to Quality Control Manager.
• Verify insurance requirements are met.
• Complete reporting and tracking of audits, findings. and trends.
• Assist in Internal and External Audits.
• Completes periodic regulatory research, policy and procedures reviews, and assessments of training materials to maintain compliance.

2. Reporting and Auditing

• Responsible for independent audit selections to ensure compliance.
• Complete third-party vendor post-closing audit reviews to assess completeness, accuracy, and adherence to internal and external quality standards. Including completing re-verifications and full file post-closing reviews.
• Communicate effectively with operations staff to address any unresolved issues and elevates concerns to Quality Control Manager.
• Monthly reporting and tracking of audits, findings and trends.
• Assist in Internal and External Audits.

3. Other duties as assigned This job description is not an exhaustive list of all the functions that a team member and other duties may be assigned. REQUIREMENTS AND QUALIFICATIONS Education:

• High school diploma or equivalent required.

Years of Related Experience:

• 4 years of Mortgage Underwriting and QC review experience.

Knowledge, Skills and Abilities (KSAs):

• Excellent understanding of investor, agency and government guidelines.
• Knowledge of regulatory issues surrounding consumer lending products and guidelines.
• Proficient with AUS Lending Systems – DU/LP/GUS.
• Analytical thinker and consultative mind to support both team members and managers in all areas of the business.
• Ability to work as part of a team and independently.
• Open to change and willing to learn new skills.
• Excellent organizational skills and the ability to multitask to complete a wide variety of tasks.
• Excellent written and verbal communication skills along with solid computer skills.
• Goal-oriented, self-motivated with the capacity to meet and exceed assigned goals.
• Willing to learn, industrious, determined, and assertive.
• Strong people skills with ability to interact with all internal teams and external customers.
• Must be able to maintain sensitive and confidential information.
• Diligence to ensure tasks are completed thoroughly and on time.

Silverton Mortgage is committed to creating an inclusive workplace. Silverton Mortgage is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. Business Unit - Silverton Mortgage Apply tot his job Apply To this Job