Quality Assurance Analyst: Mortgage Lending & Compliance

Renovo Financial; Chicago, Northern (IL, KY); Hybrid; USD 65,000 - 85,000; Full time

Job summary

Renovo Financial in Chicago seeks a Quality Assurance Analyst to review investor loan packages and processes for compliance with internal policies and investor standards. The role supports the AVP, Fulfillment Quality and helps maximize capital strategies through rigorous QA practices.

The ideal candidate has a bachelor’s degree in business/finance (or equivalent mortgage lending QA experience) and at least 2 years in QA or auditing within mortgage lending.

Qualifications

• Bachelor’s degree in business, Finance, or a related field (preferred) or equivalent experience in mortgage lending or quality assurance.
• Minimum of 2 years of experience in quality assurance or auditing in the mortgage lending industry.
• In-depth knowledge of business purpose lending including real estate documents and loan processes.
• Prior experience in identifying operational inefficiencies and recommending solutions.
• Strong attention to detail and accuracy in reviewing loan files and documents.
• Analytical mindset with the ability to identify trends, patterns and areas for improvement.
• Excellent verbal and written communication skills for interacting with team members.

Responsibilities

• Conduct comprehensive reviews of loan files throughout the life of the loan to ensure they meet company and investor standards.
• Document discrepancies found during audits and communicate findings to relevant departments to resolve issues.
• Review and recognize the different TPR requirements for each investor that Renovo lends with.
• Upload Final Investor packages to the TPR portal within 5 business days of closing date.
• Assist AVP, Fulfillment Quality with monthly quality performance reviews for POD members.

Skills

Attention to detail

Analytical thinking

Communication skills

Independent worker

Education

Bachelor’s degree in business/finance or related

Tools

Salesforce

Microsoft Excel

Job description

Renovo Financial in Chicago seeks a Quality Assurance Analyst to review investor loan packages and processes for compliance with internal policies and investor standards. The role supports the AVP, Fulfillment Quality and helps maximize capital strategies through rigorous QA practices.

The ideal candidate has a bachelor’s degree in business/finance (or equivalent mortgage lending QA experience) and at least 2 years in QA or auditing within mortgage lending.