Production Risk Monitoring Analyst II

Mortgage Underwriting Analyst

Responsible for independently reviewing and validating Retail and Correspondent residential mortgage loan underwriting decisions for adherence to Mortgage product guidelines.

Essential Duties and Responsibilities :

• Perform detailed re-underwriting analysis on Truist Mortgage loan products including calculating all income types, calculating complex financial analysis as needed, analyzing real estate appraisals, analyzing title report and lien information, reviewing hazard and flood insurance, reviewing all financial statements, and reviewing all additional documentation to determine accuracy and compliance with portfolio and investor, FHA, VA, and USDA guidelines.
• Evaluate an appraisal report in adherence to Fannie Mae, Freddie Mac, FHA, VA, and USDA guidelines to determine if the opinion of value stated by the appraiser was supported with the comparable data provided, review for completeness, health and safety issues, as well as external obsolescence.
• Determine credit worthiness of a borrower to include knowing how to read a credit report, identify fraud red flags and question items that are suspicious in nature that may result in unnecessary risk and fines to Truist and recalculate liabilities.
• Review the rationale of the loan approval and the quantitative and qualitative factors used to justify the approval.
• Clearly document, in an understandable, concise and consistent manner, detailed findings of review performed.
• Develop and maintain a strong understanding of All Mortgage products including but not limited to Government-Sponsored Enterprise (GSE), Federal Housing Administration (FHA), Veterans Affairs (VA), United States Department of Agriculture (USDA) and portfolio products, policies, processes that support Truist, Investor / Insurer requirements.
• Ensure proper safeguarding of confidential and proprietary information of consumers and other protected information under the Company's Information Security Policy.
• Identify all red flags to ensure they are addressed accordingly and escalate files for fraud review.
• Assist with the development and updating of departmental procedures.
• Participate in training relating to the job and any other training programs as required.

Qualifications :

Preferred Qualifications :

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation :

All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and / or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.