What are the responsibilities and job description for the Post-Close Underwriter, VP position at JBA International?
Description
CAKE Mortgage is a cutting-edge wholesale mortgage lender specializing in Non-QM products. We're redefining the lending experience with innovative programs, streamlined processes, and a commitment to speed and precision. As we grow, we're looking for forward-thinking professionals who thrive in fast-paced, collaborative environments.
The Post-Close Underwriter, VP is responsible for overseeing the post-closing audit function, ensuring closed mortgage loan files are reviewed for completeness, accuracy, and compliance with internal policies, investor guidelines, and federal/state regulations. This leadership role involves managing a team of auditors, driving quality control initiatives, resolving audit issues, and contributing to risk mitigation and operational excellence across the mortgage lifecycle.
Key Responsibilities
The Post-Close Underwriter, VP is responsible for overseeing the post-closing audit function, ensuring closed mortgage loan files are reviewed for completeness, accuracy, and compliance with internal policies, investor guidelines, and federal/state regulations. This leadership role involves managing a team of auditors, driving quality control initiatives, resolving audit issues, and contributing to risk mitigation and operational excellence across the mortgage lifecycle.
Key Responsibilities
- Supervise and support a team of Post-Close Auditors; assign tasks, manage workloads, and conduct performance evaluations.
- Provide training, mentoring, and ongoing professional development to ensure staff competency and compliance awareness.
- Oversee daily operations of the post-closing audit process to ensure timely and accurate file reviews.
- Ensure all audits meet internal timelines and service level agreements (SLAs).
- Review high-risk or complex files and escalate issues as needed to senior leadership.
- Ensure adherence to all investor (e.g., Fannie Mae, Freddie Mac, FHA, VA) and regulatory guidelines (TRID, TILA, RESPA, HMDA, etc.).
- Identify trends in audit findings and work with internal departments (e.g., underwriting, closing, compliance) to resolve root causes and implement corrective actions.
- Maintain audit logs and prepare monthly/quarterly reports for senior management and compliance teams.
- Develop and refine post-closing procedures to enhance accuracy, efficiency, and quality.
- Partner with Compliance and Risk teams to ensure all audit findings are properly documented and addressed.
- Implement tools and technologies to streamline audit workflows and improve productivity.
- Serve as the key point of contact for internal teams, investors, and third-party quality control vendors regarding post-closing audit matters.
- Participate in internal and external audits, investor reviews, and regulatory examinations as needed.
Requirements
- 5 years of mortgage industry experience with a strong background in post-closing audits or quality control.
- 3 years in a leadership or management role, preferably within a mortgage operations environment.
- Deep understanding of mortgage regulations, loan documentation, and agency/investor guidelines.
- Proficient in using mortgage LOS platforms (e.g., Encompass), audit tracking systems, and document management tools.
- Proficient in Excel (VLOOKUP, Pivot Tables Formatting and calculations for reporting).
- Strong leadership, communication, and conflict resolution skills.
- Detail-oriented with the ability to manage multiple priorities and deadlines in a fast-paced environment.
Why Join CAKE Mortgage?
- Be part of a fast-growing company changing the game in Non-QM.
- Competitive compensation and performance-based bonuses.
- Collaborative and entrepreneurial culture.
- Opportunities for career advancement and innovation.