Mortgage Credit Analyst assesses the risk and creditworthiness of loan applicants and recommends loan approval, terms, or application denial. Gathers necessary credit, income, and tax information to conduct financial assessments. Being a Mortgage Credit Analyst reviews and verifies property appraisals, collateral value, and key indicators such as debt-to-income and loan-to-value ratios. Prepares a detailed credit analysis and summary using underwriting guidelines, risk assessment frameworks, and following applicable regulatory compliance. Additionally, Mortgage Credit Analyst may require a bachelor's degree. Typically reports to a manager. The Mortgage Credit Analyst work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Mortgage Credit Analyst typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Position Summary
The Business Ops Analyst will join a dynamic team at eRESI in the Operations department and will support all residential mortgage activities from loan acquisition through servicing. The position works cross-functionally within Operations and collaborates with external teams such as capital markets, credit and servicing. A successful Analyst will leverage analytical skills to ensure accurate and timely execution of loan processing and funding.
Responsibilities
· Prepare loan funding schedules by utilizing amortization calculators and the company database. Ensure all data and calcs are accurate.
· Compare loan data strips for changes that affect pricing.
· Ensure acquisition requirements are met before loan funding. Requires a high level of organization and attention to detail.
· Report to senior management historical loan acquisitions and assist in projecting future fundings.
· Ensure the accuracy of data used by creating validations and performing data integrity processes.
Requirements
· Bachelor's Degree. Concentration in accounting, finance, math, economics, or business preferred.
· 2 - 4 years of mortgage experience preferred
· Experience in financial analysis or accounting will be helpful
· Highly proficient in Microsoft Excel and strong analytical skills
· SQL or other database reporting experience preferred
· Strong communication skills to interact with colleagues and clients
· Strong organizational and time management skills with an ability to manage multiple tasks and shift priorities as appropriate
· Self-motivated with strong attention to detail
· Ability to work in a high pressure environment is critical
Job Type: Full-time
Pay: From $65,000.00 per year
Benefits:
Experience level:
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Ability to Commute:
Work Location: In person
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