Business Analyst, Residential Real Estate Shared Services

Essential Job Functions

• Basic knowledge of the Warehouse Financing Solutions (“WFS”) line of business; including support for Technology, Administrative Services & Asset Backed Commercial Paper program
• Able to develop processes to support the WFS business based on documents provided by the business unit: policies & procedures, service level agreements (ie, performance metrics), project plans and client deliverables
• Activities will include data analytics, reporting (ie, daily, weekly or monthly), analyzing facility performance, preparing support for margin calls, monitoring facilities, identifying breaches of financial covenants
• Support cross functional teams, primarily ProMerit implementation and product specialist teams
• Professional and timely communication with WFS via conference calls, zooms and email
• Demonstrates ability to manage multiple client requests or inquiries
• Demonstrate ability to process client requests in a timely manner and meet deadlines
• Self-motivated
• Critical thinking; solution oriented
• Other activities as may be assigned by your manager
  

Qualifications/ Requirements

• Bachelor’s degree or equivalent from four-year College or technical school or equivalent combination of education and experience
• Experienced professional with 5+ years of industry and/or relevant experience, typically with 1+ years in an Associate level role or external equivalent.
• Experience of working on Non-QM loans (Jumbo and Bank Statement Programs) in addition to AUS loans would be preferred
• Experience with both AUS and manual underwriting methods including DU and LP.
• Experience with managing tasks in accordance with project plans
• Knowledge of the mortgage business and previous work on similar products
• Demonstrated understanding of mortgage guidelines and policies for VA, FHA, FNMA, FHLMC & USDA
• Analysis and Calculation of qualifying income from various tax documents such as 1040s, Schedule E, 1065, 1120, 1120S, K1, transcripts, etc.
• Analysis of Credit Reports and Bank Statements
• Working knowledge of running and reviewing third party loan-level Fraud Reports (Fraud Guard, Fraud Manager or DRIVE) would be preferred.
  

The annual full time base salary range for this role is