Sr Reno Project Analyst (On-site)

Newrez; Coppell (TX); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

401(k) Retirement plan with employer 


Paid Maternity Leave/Parental Bonding/

Tuition & Certification reimbursement

Job summary

Newrez is seeking a Sr. Renovation Project Analyst in Coppell, TX, to oversee draw administration for VA, FHA 203(k), and Homestyle Renovation loans. You will lead the Renovation Project Analysts, ensure compliance with investor guidelines, and drive process improvements across the team.

The role requires experience with mortgage loan life-cycle, and strong analytical and training skills, with a focus on accuracy and customer service. This position is on-site at our Coppell office.

Qualifications

• High school diploma or equivalent, required.
• Bachelor’s degree preferred.
• 5+ years mortgage loan life-cycle experience; or 2 year Conventional/Government renovation project review experience.
• FHA 203(k) & HomeStyle Renovation processing experience highly preferred.

Responsibilities

• Advise and assist internal partners with complex project-related inquiries.
• Review documents for underwriting and investor guideline compliance.
• Determine project eligibility based on agency/investor guidelines.
• Review and approve disbursement requests.
• Lead training initiatives and support special projects to improve compliance, production and quality.
• Manage regulatory requirements to ensure SLAs are met.

Skills

Interpersonal communication

Multitasking

Analytical thinking

Customer service orientation

Autonomy

Education

Bachelor’s degree in Business/Finance/Accounting

Tools

Microsoft Office

SharePoint

Job description

Who We Are

At Newrez, we bring big thinkers and caring doers together to make home happen. We’re a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other. We believe that when our people thrive, homeowners thrive - and that’s why we invest in your growth, wellbeing, and ability to make an impact.

Primary Function

The Sr Renovation Project Analyst works with the Renovation Project Analyst, management team and internal stakeholders to ensure compliance, training initiatives and escalations are effectively managed during the Draw Administration process for VA, FHA 203(k), FHLMC Choice and FNMA Homestyle Renovation and Escrow Holdback loans. The Analyst is expected to lead the Draw Administration team on special projects while delivering outstanding customer service to all stakeholders.

Principal Duties

• Advise and assist internal business partners (Accounting, QC, Government Insuring, etc.) with complex project-related inquiries (Accounting, QC, government insuring)
• Reviews/analyzes documentation submitted on behalf of the renovation project analyst to ensure it meets the Company’s underwriting, investor (FNMA/FHLMC/FHA/VA) guideline requirements.
• Determines project eligibility based on the Company’s agency/investor guidelines.
• Reviews and approves disbursements requests based on the Company’s agency/investor guidelines.
• Communicates and handles complex customer interactions and handles disputes through proper channels. Support training initiatives for Renovation Project Analysts.
• Conducts quality review of disbursements requests based on agency/investor guidelines, including the submission of all current required renovation documents.
• Conducts quality review of daily, weekly, and monthly Renovation reporting controls created to ensure appropriate processes and procedures are executed.
• Creates and facilitates training and refresher classes to support training initiatives for Renovation Project Analysts.
• Takes the lead on special projects and initiatives introduced to improve team performance in compliance, production, and quality.
• Manages investor Regulatory requirements to ensure appropriate SLA’s are met.
• Participates in the implementation of process improvement/cost saving initiatives.
• Reviews and provides feedback on monthly investor reporting.
• Performs related duties as assigned by management.

Education And Experience Requirements

• High school diploma or equivalent, required.
• Bachelor’s degree (Business/Finance/Accounting), preferred.
• 5+ years' mortgage loan life-cycle experience; &/or 2 year Conventional/Government renovation project review experience.

Knowledge, Skill, and Ability Requirements

• Excellent interpersonal, oral & written communication skills including Microsoft Office & SharePoint.
• Demonstrated ability to multi-task, prioritize & time manage efficiently & effectively; strong analytical skills with the ability to exercise independent judgment.
• Ability to work autonomously under minimal supervision.
• Excellent customer service orientation.
• Strong attention to detail and organization skills.
• Ability to adapt to change and grasp new concepts with minimal guidance.
• FHA 203(k) &/or HomeStyle Renovation processing experience highly preferred.

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

Additional Information

All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator. Employment will be contingent on this requirement.

Why Newrez

We’re a great place to work because we invest in what matters: your career, your community, your wellbeing, and your future. Our total rewards package is designed to support your whole self.

Company Benefits

We offer benefits, programs, and perks that support you in every aspect of your life.

• Medical, dental, and vision insurance
• Health Savings Account with employer contribution
• 401(k) Retirement plan with employer match
• Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave
• Adoption Assistance
• Tuition & Certification reimbursement
• Employee Mortgage Loan Program
• The Newrez Employee Emergency and Disaster Fund is a program to support our team members experiencing hardships

Newrez NOW

• 1 company-paid Volunteer Time Off day (with over 40,000 volunteer hours contributed since our inception)
• Matching Gifts Program - dollar-for-dollar up to $1,000
• Access to grants, nonprofit resources, and volunteer opportunities
• More than $6,000,000 donated since 2020
• 1 in 5 employees participates in at least one Employee Resource Group (ERG)

Equal Employment Opportunity

We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

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