Business Analyst

Minneapolis, MN - USA

Monthly Salary: Not Disclosed

Posted on: 4 hours ago

Vacancies: 1 Vacancy

Job Summary

Business Analyst - Intermediate (Non-Tech)

Location - Minneapolis MN

Hybrid
Number of Years Experience Preferred: 5 plus years
Top 3-5 Requirements: Mortgage underwriting experience quality control and/or due diligence experience excellent written and oral communication skills

The purpose of this position is to support and influence business decisions in the home lending space. This role is expected to evaluate mortgage loan data and applicable documentation to determine eligibility acceptability and compliance with applicable state federal and investor guidelines.

Responsibilities:

Perform analysis on conventional conforming and Non-Agency Jumbo as well as HELOC/HELOAN loan data.
Perform pre and post purchase due diligence reviews including preparing correspondence deficiency clearing and additional tasks as necessary
Analyze complex tax returns and accurately calculate income.
Identify key loan factors impacting borrower eligibility property eligibility and credit qualification for complex or atypical financial profiles collateral and loan structures.
Identify and summarize exception loans for escalation to leadership for business decision.
Input data and notes into appropriate loan system.
Maintain quality and production standards as set forth by management.
Effectively communicate orally in writing and via email the decisions reached as to maintain positive working relationships with internal and external stakeholders.
Ability to explain specific reasons for negative purchase decisions and recommend possible solutions.
Collaborate with internal partners such as Risk Product Compliance and Legal as necessary
Provide support for Internal and External audit requests as well as internal control testing
Work with leadership on credit policy updates including regular review of agency competitor and regulatory requirements for adoption

Business Analyst - Intermediate (Non-Tech) Location - Minneapolis MN Hybrid Number of Years Experience Preferred: 5 plus years Top 3-5 Requirements: Mortgage underwriting experience quality control and/or due diligence experience excellent written and oral communication skills The purpose of this ...