Mortgage QA Underwriter, Full-Time, Hybrid MA

Schedule

Mon - Fri 8a-5p

What You’Ll Do

Summary/Objective:

The Mortgage Quality Assurance Underwriter is responsible for analyzing the documentation, underwriting, and decisioning of all mortgage loans and home equity loans/lines consistent with department guidelines and secondary market standards.

Essential Functions:

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Analyze the underwriting and decisioning of a selection of mortgage loans and home equity loans/lines to validate compliance with DCU and investor guidelines and standards pertaining to the soundness and accuracy
• Analyze a selection of mortgage loans to validate compliance with all applicable mortgage lending Federal and State regulations
• Maintain knowledge of current changes to investor guidelines, regulatory requirements, product changes, the general financial industry, and the real estate market.
• Maintain knowledge of compliance regulations applicable to mortgage and home equity originations, including but not limited to: Equal Credit Opportunity Act (ECOA), Real Estate Settlement Procedures Act (RESPA), Regulation Z (Truth in Lending, Know Before You Owe), Regulation C (Home Mortgage Disclosure Act - HMDA), and other state and federal laws which may be applicable.
• Maintain database for managing and tracking defects identified in mortgage loan audit
• Reporting of sample and trended audit results to Mortgage Risk Manager
• Remediate defects identified by third party vendor for post funding audits
• Work closely with Mortgage Department personnel to maintain and develop better quality loan files.
• Respond to audit and documentation requests from investor or vendor quality control audits.
• Assist in the development and maintenance of department policy and procedure documents.
• Contribute to department projects and initiatives as an individual and through team cooperation.
• Ensure compliance with all applicable state and federal laws and regulations.
• Perform other job-related duties as assigned by Managers(s).

What You’Ll Need

Education And Experience Requirements:

• 3-5 Years mortgage underwriting or related experience
• Knowledge of secondary market guidelines
• BA/BS degree preferred, or equivalent work experience.

Additional Eligibility Requirements:

• Technical Skills (Word, Excel, Outlook etc.)
• Professional Written and Verbal Communication Skills

What We Do

DCU is the largest credit union headquartered in New England – serving more than one million members in all 50 states. With over 1,700 team members, we strive to make DCU a great place to work with an excellent work-life balance and a community that cares.

DCU is an equal-opportunity employer, and we value diversity, inclusion, and equity at our company. We evaluate qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

If you’re applying for a job and need a reasonable accommodation for any part of the employment process, please send an email to career@dcu.org and let us know the nature of your request and contact information. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to from this email address.

DCU is not currently offering Visa transfer/ sponsorship for this position.

Expected Pay Range $37.90 - $42.70

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