Position Summary

May be responsible for either reviewing and preparing financial packages to ensure compliance with company and investor policies and procedures or responsible for checking in, reviewing and accurately sending borrower acknowledgment of application receipt within applicable federal and agency guidelines.

The Loss Mitigation QA Specialist I reports to either the Loss Mitigation Quality Supervisor or Loss Mitigation File Intake Supervisor and must develop strong working relationships with key stakeholders, vendors, investors, co-workers and borrowers.

Primary Responsibilities

• Ensure loss mitigation applications are properly checked in, reviewed and acknowledged in accordance with Federal regulations, agency/investor guidelines and company policy.
• Analyze each Loss Mitigation application to ensure quality of review and adherence to the applicable Government agency, Insurer, and Investor guidelines.
• Review and validate supporting borrower financial documents and compute applicable financial information.
• Review credit reports, original loan documents and valuation information.
• Communicate with key vendors, investors and agencies
• Ensure record maintenance quality of applicable loan workout files.
• Incumbent will be responsible for meeting RoundPoint's commitment to compliance, operational efficiency and employee engagement

OR

• Review financial package and hardship letter to determine borrowers' intentions
• Collect and gather all required documents based on investor requirements
• Set up files in the Loss Mitigation workstation timely and accurately
• Generate acknowledgment letters timely and accurately
• Order and review credit reports
• May manage an assigned pipeline of loans and/or assign new loans to other loan team members
• Incumbent will be responsible for meeting RoundPoint's commitment to compliance

Qualifications

Required:

• Bachelor Degree Required
• At least one year of experience
• Strong communication/organizational skills
• Strong analytical skills
• Strong sense of urgency about solving problems, meeting challenging deadlines and achieving goals
• Ability to work in a production environment and overtime as needed
• Must have a keen attention for detail and experience in a fast-paced environment
• Strong sense of urgency and about solving problems, meeting challenging deadlines and achieving goals

Desired:

RoundPoint's Employee Value Proposition:

Grow. Make a difference. Have fun along the way.

Our mission is to serve our homeowners and all of their homeownership needs. We do this by embracing challenges, executing with excellence, and fostering a positive work culture that encourages personal and professional growth. We are on the fast track to becoming the premier marketplace for all things home, and the National Mortgage News and Best Companies Group just named us one of 2019's Best Mortgage Companies to Work For! Without a doubt, RoundPointers are what make this company a great place to work! That's why we hire individuals who share our core values: Energy, Ethics, Execution, Everyone, and Earn it!

As a RoundPointer, we will empower you to innovate, provide meaningful solutions, set goals and crush them, play hard, and give back to the community! Our secret sauce is our mantra, All In. All Win. Together, we can achieve great things!

Physical Demands & Working Conditions

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job:

• The employee is regularly required to talk or hear.
• The employee is required to sit for extended periods of time and is occasionally required to stand and walk.
• The employee must regularly use hands to finger, handle, or feel objects and is regularly required to reach with hands and arms; the employee may occasionally climb or balance, and stoop, kneel, crouch, or crawl.
• The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.
• Specific vision abilities required by this job include close vision, distance vision, color vision, and ability to adjust focus.
• The noise level in the work environment is usually quiet to moderate, and no extreme conditions are present.