What are the responsibilities and job description for the QC Due Diligence Underwriter position at Western Alliance Bank?
Job Title
QC Due Diligence Underwriter
Location:
CA - Westlake Village
What You'll Do
As a Quality Control Underwriter you'll be responsible for auditing Fannie Mae, Freddie Mac, FHA, VA, USDA and Non-Agency loans by reviewing credit, capacity, compliance and collateral characteristics of the loan file to ensure they meets investor quality standards.
Benefits You’ll Love
We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!
About The Company
AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands — Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank — that remain part of the company’s heritage.
Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.
© Western Alliance Bancorporation
QC Due Diligence Underwriter
Location:
CA - Westlake Village
What You'll Do
As a Quality Control Underwriter you'll be responsible for auditing Fannie Mae, Freddie Mac, FHA, VA, USDA and Non-Agency loans by reviewing credit, capacity, compliance and collateral characteristics of the loan file to ensure they meets investor quality standards.
- Review and validate post-closing quality control results reported by third party diligence firms. Participate in the remediation of identified defects with Operations and Correspondent Sellers.
- Monitor the progress of implementation of action plans based on Quality Control findings and results. Monitor QC project pipelines and analyze reports to ensure deadlines are met.
- Analyze various reports and data to identify patterns of deficiencies and opportunities for improvement. Act as a resource and subject matter expert for questions regarding underwriting.
- Review and manage pipelines to ensure timely resolutions
- 5 years of related experience in Underwriting Review, Mortgage Quality Control or similar field.
- High school diploma required; Bachelor's degree or equivalent experience preferred.
- Intermediate knowledge of residential mortgage industry in Correspondent or Retail Lending, including sales, operations, capital markets and/or other residential mortgage products and services.
- Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
- Intermediate knowledge of FNMA, FHLMC, FHA and VA guidelines and Federal regulatory guidelines and procedures.
- Intermediate TRID knowledge.
- Basic knowledge of fraud detection.
- Advanced speaking and writing communication skills.
Benefits You’ll Love
We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!
About The Company
AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands — Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank — that remain part of the company’s heritage.
Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.
© Western Alliance Bancorporation