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Post-Closing Residential Mortgage Analyst

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  • Requisition # 10034128-WD
  • Job Type Day
  • Location Brea, CALIFORNIA
  • Brand
  • Date Posted 03/09/2020

Your potential. Your opportunity.

Description

Are you passionate about creating an exceptional client experience?

Discover your opportunity with Union Bank, a division of the Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world. At Union Bank, we care about the details that matter most to our clients. We have our clients’ best interest in mind, drawing on more than 150 years of experience to understand their distinct needs and tailor our solutions. We’re part of 180,000 colleagues around the globe striving to be the world’s most trusted financial group. Trust starts with a culture of putting people first and empowering you to achieve your potential. Join Union Bank, where being inspired is expected and creating results is rewarded.

Job Summary:

Responsible for performing post-closing reviews of residential conforming, FHA and VA mortgage loans to ensure adherence with bank, regulatory and investor guidelines. The position will also facilitate the curing of exceptions from investor due diligence findings and assist with presenting and reporting those credit and compliance issues to the Mortgage Operations Department. It can also be expected for the analyst to assist the Loan Delivery teams as needed with mortgage loan sales to Fannie Mae, Freddie and Ginnie Mae. The ability to edit spreadsheets, create accurate reports, maintain organized and meticulous records, and work independently on assignments are a must. 

Major Responsibilities:

  • 40%- Performs timely reviews on loans selected for FHA and VA insuring or on conforming mortgage loan sales to investors by evaluating and confirming that all closing and credit files adhere to the company’s policies and procedures, and to detect errors and omissions in the underwriting, processing and closing functions. 

  • 20% - Coordinate the clearing of any exceptions uncovered during the post-closing reviews or through an investor’s due diligence review with the respective Mortgage Operations and QA/QC teams. 

  • 20%- Document all findings in the company’s databases and create reports to communicate trends and results; strong writing and database skills to ensure findings are written in a clear and concise manner and reports are organized and accurate; maintain and update various logs to meet department and auditing requirements

  • 20%- Handle Ad Hoc requests and meet timeline requirements

Qualifications

  • Requires a minimum of 5 years residential mortgage quality assurance, quality control, loan delivery, underwriting or supervisory residential mortgage experience.

  • Requires working knowledge of the mortgage lending process, including the underwriting (for Fannie, Freddie, FHA and VA), processing, closing, and compliance areas..

  • Strong verbal and written communication skills, ability to effectively communicate with internal/external clients, and proficiency in Word, Excel and Powerpoint. 

  • BA/BS degree preferred or strong work history in mortgage industry.

The above statements are intended to describe the general nature and level of the work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.

We are proud to be an Equal Opportunity / Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives, and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.

A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it’s the bank’s policy to only inquire into a candidate’s criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.

  • Job Customer and Client Services
  • Primary Location Brea, California
  • Shift Day
  • Schedule Full Time
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