This inclusive employer is a member of myGwork the largest global platform for the LGBTQ business community.

Opening date 20-May-2024 Closing date 04-Jun-2024 Job description

Our purpose - Opening up a world of opportunity - explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers.

We're bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world - for our customers, our people, our investors, our communities and the planet we all share.

The Mortgage Quality Control Specialist is responsible for reviewing, maintaining, and applying all regulatory and investor quality control requirements and mitigating risk related to residential mortgage originations and servicing.

Completing comprehensive reviews to ensure collateral integrity, documentation accuracy, and credit quality.

As our Mortgage Quality Control Specialist you will :

• Performs detailed residential underwriting and compliance analysis on loans in-process and post-closing for credit, compliance and documentation deficiencies and determines marketability of each loan
• Performs targets underwriting analysis on more complex mortgages such as self-employed borrowers
• Identifies areas that require targeted reviews, recommends further testing, and performs target reviews in accordance with the Quality Control Policy.

• Perform re-verification of credit, income, and asset documentation to confirm compliance with internal policies, regulatory and investor requirements
• Review early payments defaults to identify any potential issues
• Perform quality control audits of mortgage servicing requirements
• Review mortgage processes for effectiveness and quality. Assist management in making decisions to eliminate and minimize potential risk, including proactively reviewing prefunding loans to identify deficiencies or possible misrepresentation
• Adhere strictly to compliance and operational risk controls in accordance with HSBC and regulatory standards, policies and practices, report control weaknesses, compliance breaches and operational loss events
• Work with internal and external auditors and regulatory examiners on internal control issues; consult with and offer recommendations as required
• Maintain awareness of changes in regulatory and credit policy guidelines that impact mortgage activities

For this role, HSBC targets a pay range between $79,900.00 and $53,300.00

The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing / certification requirements, internal relativity, and specific work location.

At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee's overall total compensation and benefits.

Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a bonus ). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.

Last updated : 2024-05-21