Correspondent Purchase Review Specialist II

Essential Duties And Responsibilities

• Review non-delegated, specialty or complex closed loan packages for key documents.
• Ability to review multiple different products and review checklist including Full Review and or Non Delegated Reviews.
• Review key data points and documents within the loan package to determine if the loan is acceptable for purchase.
• Clear underwriting settlement conditions and ensure HMDA audit is completed prior to moving file.
• Interact with underwriting as needed to ensure loan purchased meets underwriting criteria.
• Complete compliance testing of key data elements.
• Enter, validate, and correct information in Lending Space to ensure data integrity.
• Communicate loan defects in clear and concise stipulations.
• Maintain Production, Quality and Service Level Standards set by Manager and Review Type.
• Serve as Subject Matter Expert (SME) and assist with training and escalation of junior level reviewers.
• Ensure loan is escalated appropriately to escalation points if applicable.
• Ensure work product i.e. checklists and LVDC are uploaded according to policy.

Qualifications

• 3+ years of experience in a similar or transferable role within Mortgage.
• Strong attention to detail.
• Strong written and verbal communication skills.
• Working Knowledge of mortgage loan documents.

Preferred Qualifications

• Bachelor's Degree or equivalent education and related training.
• 3+ years of experience in lending or finance, preferably in mortgage originations.
• Processing or junior Underwriting experience.
• Demonstrated proficiency in one or more of the following: Lending Space, Compliance Ease, and MERS.

Other Job Requirements / Working Conditions

• Sitting (if checked, indicate frequency): Constantly (More than 50% of the time)
• Standing (if checked, indicate frequency): Not applicable
• Walking (if checked, indicate frequency): Not applicable
• Bending (if checked, indicate frequency): Not applicable
• Lifting (if checked, indicate pounds): Not applicable
• Visual / Audio / Speaking: Able to access and interpret client information received from the computer and able to hear and speak with individuals in person and on the phone.
• Manual Dexterity / Keyboarding: Able to work standard office equipment, including PC keyboard and mouse, copy/fax machines, and printers.
• Availability: Able to work all hours scheduled, including overtime as directed by manager/supervisor and required by business need.
• Travel (Must select one): Minimal and up to 10%

Pay

The annual base salary for this position is $45,760.00 - $70,940.00.

Benefits

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work. Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace. EEO is the Law E-Verify IER Right to Work