Location: No City, TX, United States
Req ID: 013654
Ready to be a Cooper too? This might just be right up your alley!
We’re here to keep the dream of home ownership alive. Oh, and while we’re at it, we’re determined to change the lending industry itself. It’s simple, but it won’t be easy. And we’ll need a great team behind us. (That’s where you come in.) We want to show the world that transparency, candor and collaboration aren’t just good values. They’re good business. Working here isn’t for people who want to punch a clock. It’s for people who want to punch a hole in the status quo. Come join us. And make a difference instead of just a living.
The OQC Underwriter is responsible for analyzing financial and credit information to ensure that the initial underwriting findings / decisions and associated conditions meet internal underwriting standards, investor guidelines, and federal regulations.
Compile, analyze, and document loan data and credit risk associated with the borrower and property serving as security for the proposed mortgage.
Responsible for providing clear and accurate communication to NDC team members, management, sales and customers (as needed) regarding the findings of the audit review and the file documentation / required conditions / stipulations needed.
Provide feedback and training to the frontline Underwriters to assist with performance improvement and developmental opportunities.
Achieve all assigned Performance Standards to include loan quality, productivity, turn times and customer satisfaction.
Follow all applicable NDC processes & procedures.
Other duties as assigned.
FUNCTIONAL JOB COMPETENCIES
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EDUCATION / EXPERIENCE REQUIREMENTS
What level of education or specialized training is required to perform the job?
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How many years of directly related job experience are required to be qualified to enter the job?
PHYSICAL REQUIREMENTS/WORKING CONDITIONS
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Individuals may need to sit or stand as needed; may require walking, primarily on a level surface, throughout the day; reaching above shoulder heights, below the waist or lifting as required to file documents or store materials; proper lifting techniques required; may include lifting up to 25 pounds for files or paper.
Note any additional physical requirements for the job (e.g. heavy lifting requirements).
Mr. Cooper is committed to nurturing a diverse and inclusive environment where every employee is empowered to be their authentic self. We know that a large part of our success as a business is directly tied to our ongoing efforts to attract and retain diverse talent and maintain an inclusive environment where each employee can thrive. Embracing and leveraging diversity through an inclusive work environment fosters new ideas, new insights, and constant innovation. We strive to weave the principles of diversity and inclusion throughout the fabric of how we work, how we interact, and how we engage with our customers and the community.
Job Requisition ID:013654
Primary Location City:No City
Primary Location Region:Texas
Primary Location Postal Code:77027
Primary Location Country:United States of America
Posting Organization:Mr. Cooper
Line of Business:Origination
Additional Posting Location(s):Home - California
SummaryThe Sr Operational QC Auditor / Underwriter is responsible for re-underwriting NDC loan files that have been selected for audit/review. The scope of the audit review is to identify any “material” issues with the loan (identification of underwriting issues that could lead to material defect finds as well as invalid conditions or “over conditioning”) and communicate the results of the audit review back to the line of Business / front-line Underwriter. The purpose is to ensure each file reviewed is of quality in accordance with the internal and external requirements.