Job Description

Quality Control Manager

Position Overview: The Quality Control Manager is responsible for auditing Non-QM, Non-Agency, DSCR, Fannie Mae, Freddie Mac, FHA, and VA loans by meticulously reviewing credit, capacity, compliance, and collateral characteristics to ensure adherence to investor quality standards.

Key Responsibilities:

• Develop and implement comprehensive QC policies and procedures in alignment with investor guidelines, regulatory requirements, and agency guidelines such as Fannie Mae, Freddie Mac, FHA, VA.
• Conduct regular audits and reviews of loan files to ensure accuracy and compliance with investor guidelines, regulatory requirements, and agency guidelines.
• Identify and investigate any discrepancies or issues found during the QC process and collaborate with relevant teams to resolve them while adhering to investor and regulatory guidelines.
• Stay up to date on changes in investor guidelines, regulatory requirements, and industry best practices, and implement necessary updates to QC procedures.
• Assess and evaluate credit risk associated with wholesale mortgage lending activities, including loan origination, underwriting, and portfolio management.
• Establish risk tolerance levels and monitor credit exposures to ensure adherence to established risk thresholds.
• Identify emerging credit risks and develop strategies to mitigate them effectively.
• Provide leadership and guidance to the underwriting team to ensure consistent and sound underwriting decisions.
• Provide training and guidance to staff members on QC processes and requirements, including investor guidelines and regulatory and agency guidelines.
• Generate reports and metrics to track QC performance and identify areas for improvement, ensuring alignment with investor guidelines and regulatory and agency guidelines.
• Serve as the primary point of contact for external auditors and regulatory agencies during QC reviews, ensuring compliance with investor guidelines and regulatory and agency guidelines.
• Collaborate with senior management, sales teams, and other departments to optimize QC processes, streamline workflows, and enhance experience.

Qualifications:

• Minimum of 5 years of experience in mortgage lending, with a focus on quality control or auditing, including knowledge of investor guidelines and regulatory and agency guidelines.
• Knowledge of federal and state laws impacting mortgage lending and servicing, including TILA, ECOA, FCRA, RESPA, the Fair Housing Act, the Homeowners Protection Act, and predatory lending laws.
• Strong understanding of investor guidelines, regulatory requirements, and industry standards related to mortgage lending.
• Excellent attention to detail and analytical skills.
• Effective communication and interpersonal abilities.
• Proven leadership experience, with the ability to manage and motivate a team.

Equal Employment Opportunity: BluePoint Mortgage is committed to providing equal employment opportunities to all qualified individuals without regard to race, age, color, religion, sex/gender, gender identity, sexual orientation, marital status, medical condition, military or veteran status, national origin, ancestry, disability, or any other considerations made unlawful by federal, state, or local law. BluePoint Mortgage is dedicated to fostering a work environment free of discrimination and harassment and offers eligible employees opportunities for advancement. BluePoint Mortgage is an at-will employer.

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