Mortgage Quality Assurance Manager jobs in Utah

Position purpose - Responsibilities/Duties/Functions/Tasks

Provides leadership and management oversight for Quality Control and Loan Defense Departments

• Liaises with C-level and other SVPs in establishing strategic direction of the organization and communicates strategy to departments of responsibility.

• Provides Quality Assurance oversite for the company and ensures compliance with all Agency and Investor loan quality rules.

• Ensures the organization complies with both the spirit and letter of all loan quality, legal, regulatory, operational, and ethical requirements.

• Identifies and analyzes risks and hazards to which PRMI, its employees, or consumers may be exposed.

• Establishes and manages third-party vendor relationships required to support the operations of the QA department.

• Participates and responds to Federal, State and Agency examinations and all QC reporting requirements.

• Plans, develops, and implements strategy for Compliance QC auditing for, ECOA, HMDA, TRID, and State Regulatory Compliance.

• Strong knowledge of fraud research and identification of patterns.

• Liaises repurchase demands, self-reporting requirements and fraud reporting responsibilities.

Qualifications

• Executive level of leadership skills and abilities

• Minimum of ten (10) years of mortgage banking experience

• Exemplary strategic visionary thinking

• Superior analytical and organizational skills

• Strong written and oral communications skills

• Management level knowledge of principles and practices of loan origination including credit analysis and risk, regulatory compliance, and SAR reporting.

Supervisory responsibilities

• Responsibility for overall risk, Quality Control management, and achievement of assigned goals and objectives.

• Supervisory responsibilities for Quality Control loan production, Loan Defense & Recourse Management.

Company Conformance Statement

In the performance of assigned tasks and duties all employees are expected to conform to the following:

§ Review and adhere to policies and guidelines contained within the Employee Handbook, including privacy and information security guidelines.

§ Act within delegated authorities and adhere to applicable policy and procedures associated with such authorities.

§ Contribute to establishing a respectful workplace where diversity is critical to innovation and growth.

§ Ensure every action and decision is aligned with PRMI values.

§ Partner with your management team to understand performance expectations and measurements. Effectively utilize feedback and coaching opportunities while seeking to learn and develop within your role at PRMI.

§ Realize team synergies through networking and partnerships across PRMI.

§ Embrace change; act as advocate and role model, promoting an approach of continuous improvement.

§ Maintain a high standard of customer care while actively listening to customers in an effort to understand their views and needs. Take ownership of problems and issues, taking into consideration the breadth of PRMI competencies in providing solutions.

§ Work independently while understanding the necessity for communicating and coordinating work efforts with other employees and organizations.

§ Work effectively as a team contributor on all assignments.

§ Perform quality work within deadlines.

§ Respect client and employee privacy.

Work Requirements

Each employee must be able to communicate clearly and effectively, utilize a computer, maintain a work schedule, and perform effectively in an office setting. Employment with PRMI requires compliance with and adherence to all applicable mortgage and fair lending laws and regulations as well as PRMI policies. The ability to work extended hours may be required.

Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.