Diligence Auditor

Key Responsibility Areas

• Audit loan file in compliance with agency or private investor guidelines.
• This includes, but is not limited to eligibility, calculation and analysis and documentation of income, assets, liabilities and borrower and mortgage program eligibility.
• Perform data integrity check of Automated Underwriting System.
• Perform collateral assessment/review of appraisal for data, validity of comparable, value conclusion, and if repairs were required to meet safety and soundness requirements.
• If applicable, identify and review results of required reverification documentation.
• Review and identify fraud/misrepresentation red flags.
• Perform federal compliance audit including, but not limited to initial disclosures, RESPA, TILA, MDIA, ECOA, Patriot Act, Flood Act, and Fact Act.
• Accurate input of all loan information utilizing Audit Genius system for quality control audit.
• Respond to Internal Quality Assurance feedback and other reporting functions, as instructed.

Other Tasks and Assignments

• May be asked to perform the following review types: State Compliance, HECM, Canceled/Withdrawn/Denied, Pre-funding, HELOC/Second Mortgages, Adverse Action, and/or Fraud Investigations.
• Other tasks and assignments as assigned.

Mandatory Qualifications

• Tenured Auditor: Generally, a minimum of 5 years underwriting or post-close/prefund audit experience in the mortgage industry.
• Government loan experience a must.
• Ability to research agency and/or product specific guidelines.
• Strong written communication skills.
• Direct Endorsement Certificate is a plus.
• Compliance experience is a plus.
• Strong organizational skills are a must.
• Basic/advanced knowledge of mortgage documents, formats, procedures, guidelines.
• Command of the English language (both verbal and written), to include proper grammar and punctuation.
• Strong math aptitude.
• Microsoft Office (i.e., Word, Excel, and Outlook).
• High school Diploma or GED.