Sr. Process Associate- Lender Review

About the job

Human-in-the-Loop (HIL)- Sr. Process Associate- Lender Review About the Role As a HIL Sr. Process Associate, you'll assess lender performance, ensure regulatory compliance, and manage financial risk. A HIL Sr. Associate role requires a solid background in underwriting US mortgages, knowledge of borrowers' income and assets, and experience in reviewing escrow or condo documents. Key Responsibilities: • Follows and comply with current Agency and Investor project guidelines to ensure standards are met for mortgages sold and delivered, secured by units within Condominium Projects for various investors, Fannie Mae, Freddie Mac, FHA, VA, and various Jumbo investors, as well as Co-op Projects for Fannie Mae and Freddie Mac. • Detailed review of condominium questionnaires, financials, insurance, recorded legal documents, as well as review of litigation, ground leases, affordable housing, resale deed restrictions, and private transfer fees. • Analyze and approve condominium projects per loan program parameters, such as Limited Review, Full Review of Established, New Construction for conventional, FHA, and VA reviews. • Communicate with the client for any decline or ineligible projects. • Ensure all project reviews adhere to current standards and regulatory requirements. Desired Skills: • Demonstrate advanced product knowledge of Condominium project standards for FHA, both SUA and Delrap, Conventional, and other loan programs, such as Jumbo investors. • Attention to detail, highly organized, and can meet SLA's set by the company. • Advanced ability to analyze complex condominium project documents such as CC&Rs, public offering, reserve studies, condominium insurance, and condominium plans. • Ability to maintain an elevated level of professionalism, customer service, and communication with all parties involved in the loan cycle. • Proficient with Encompass or other paperless mortgage loan origination systems. Required Qualifications: • 2+ years of experience in risk management, US Mortgage, or Underwriting. • Background in underwriting US mortgages with knowledge of borrowers' income, assets, and appraisal. • Bachelor's degree in any discipline (non-technical background preferred). • Strong communication, attention to detail, and problem-solving skills. • Familiarity with CRM/workflow systems and Microsoft Office. Mandatory Requirements: • Comfortable working night shifts; not pursuing active education.

Requirements

• Underwriting US mortgages
• Regulatory compliance
• Risk management
• Attention to detail
• Customer service

Qualifications

• 2+ years of experience
• Bachelor's degree in any discipline

Preferred Technologies

• Underwriting US mortgages
• Regulatory compliance
• Risk management
• Attention to detail
• Customer service