Credit Analyst

Posted 6hrs ago

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Job Description

Credit Analyst reviewing mortgage applications for a fintech company using AI technology. Ensuring compliance, managing timelines, and communicating with stakeholders throughout the loan process.

Responsibilities:

  • Thoroughly review mortgage loan applications to ensure completeness, accuracy, and compliance with company policies and regulatory standards.
  • Verify borrower information, employment details, credit reports, and other relevant documentation.
  • Act as a primary point of contact between borrowers, loan officers, underwriters, and other stakeholders.
  • Communicate with clients to collect necessary documentation and address inquiries throughout the loan process.
  • Prepare and organize loan files for submission to underwriting, ensuring all required documentation is included.
  • Collaborate with underwriters to address any additional documentation needs or conditions.
  • Monitor and manage loan processing timelines to ensure timely closings.
  • Provide regular updates to all parties involved in the loan transaction.
  • Ensure strict adherence to regulatory requirements, company policies, and industry best practices.
  • Conduct quality assurance checks on loan files to identify and address any discrepancies.
  • Identify and resolve issues or challenges that may arise during the loan processing stage.
  • Collaborate with team members and other departments to overcome obstacles and ensure a smooth process.

Requirements:

  • Bachelor's degree in finance, business, or a related field is preferred.
  • Or proven experience as a loan processor in the mortgage industry.
  • In-depth knowledge of mortgage loan products, underwriting guidelines, and regulatory requirements.
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal skills.
  • Detail-oriented with a focus on accuracy.
  • Proficient in mortgage processing software and Microsoft Office applications.

Benefits:

  • Competitive compensation reliant on ability and experience.
  • Comprehensive healthcare, retirement, and voluntary benefits. Think medical, dental, vision, health savings accounts, 401k, and more.
  • Personalized care and tools for realizing your mental health and wellness goals.
  • Flexible PTO program second to none.
  • Option for remote and hybrid work arrangements available.
  • Additional benefit perks and discounts.