Summary:

The Specialist, Credit Risk will assist Freedom Mortgage Credit Risk Department in various tasks. The Credit Risk Specialist will work closely with the VP/Credit Policy to ensure seasoning requirements are met on all GNMA loans pooled for sale to GNMA.

Essential Job Functions:

Review the daily GNMA Pooling, Note Validated and/or Final Approval reports to ensure seasoning is met.

Determine through research of documentation in the file, including Note, Mortgage, credit report, title commitment, payoff, and any other document available, that seasoning requirements are met.

Sort daily reports, assign files to validation reviewers, receive and combine results from validation reviewers once completed, and report back to Capital Markets and VP/Credit Policy any files that do not meet seasoning requirements.

Complete QC of validation reviewers’ work to ensure compliance with seasoning requirements.

Special Projects/additional duties as assigned.

Maintain regular and punctual attendance.

Other Related Duties:

Performs other related duties as assigned.

Supervisory Responsibilities:

This position is an individual contributor with no direct reports. 

Qualifications:

To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Communicate to both internal and external contacts clearly and concisely.

Respond to elevated items quickly and work with Managers to expedite resolution.

Work with management staff as needed to resolve problems and questions in a timely manner.

Provide timely reports as needed or requested.

Able to manage multiple processes and effectively shift between them throughout the day.

Recognize/identify critical issues and communicate or escalate to manager as needed.

High level of organizational skills.

Adaptable to change and shifting priorities.

Knowledge of Microsoft Office Suite.

Knowledge of mortgage documents.

Education and/or Experience:

Zero (0) to two (2) years related work experience.

Language Skills

Individual must have the ability to read and interpret loan file documentation, company policies, procedures, guidelines, reports and legal documents.

Mathematical Skills:

Candidate must be able to use a calculator, Microsoft Excel spreadsheet utilizing Amortization Schedule, and have the ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions and decimals. 

Reasoning Ability:

Individual must have the ability to define problems, collect pertinent information, determine the facts, and draw valid conclusions.

Certificates, Licenses, Registrations:

None required.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  While performing the duties of this job, the employee is frequently required to sit and talk or hear.  The employee is occasionally required to stand; walk; use hands to finger, handle, or feel; and reach with hands and arms. The employee must occasionally lift and/or move up to 25 pounds.

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Work is normally performed in a typical interior office work environment which does not subject the employee to any hazardous or unpleasant elements. The noise level in the work environment is usually moderate.

Equal Employment Opportunity:

Freedom Mortgage is committed to providing equal employment opportunities to all employees and applicants without regard to race, ethnicity, color, sex, marital status, sexual orientation, gender identity or expression, pregnancy, religion, national origin, age (40 and over), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws.

Americans with Disabilities Act:

Applicants as well as employees who are or become disabled must be able to satisfactorily perform the essential job functions of the position either with or without reasonable accommodation. Applicants as well as employees are encouraged to meet with Human Resources as the organization shall review reasonable accommodations on a case-by-case basis in accordance with applicable law.

Job Responsibilities:

The statements reflect the general duties and responsibilities considered necessary to perform the essential functions of the job and should not be considered as an all-inclusive list of all the work requirements of the position. Freedom Mortgage Corporation may change the specific job duties with or without prior notice based on the needs of the organization.