Business Control Analyst Resume New Jersey, NJ - Hire IT People

SUMMARY OF QUALIFICATIONS
• A thorough knowledge of FNMA, FHLMC, FHA, VA, DOJ , OCC regulations, and risk audit processes.
• Implement FHA/VA, USDA, FHLMC, FHA, DOJ, OCC and conventional guidelines for risk analysis.
• Make recommendations to management regarding cost saving or profit generating opportunities.
• Review closed loans for accuracy and quality in accordance with investor guidelines.
• Work closely with investors and clients by presenting reporting and analytics.
• Handle escalated congressional and executive service complaints from internal and external clients.
• Conduct special studies to analyze complex financial actions and prepares recommendations.
• Developed, interpreted, and implemented complex business and analytical concepts.
• Strong written and verbal communication and presentation skills.
• Excellent time management and analytical skills.
• 15 years of manual underwriting experience.
• 5 years of compliance, risk audit experience.

PROFESSIONAL EXPERIENCE
Confidential,Jan 2012 – July 2012 - Contract Business Control Analyst
•Assist in reviewing agency guidelines to determine company impact and working closely with internal teams to implement change in a timely manner.
•Review internal audit findings for global trends and recommend preventative process changes.
•Maintaining loan level details on various spreadsheets, resolving audit issues, performing self monitoring controls, partnering with other risk team members on compliance issues and other areas of concern.
•Ensure companywide compliance with applicable federal and state consumer lending and mortgage banking and related servicing laws and regulatory matters.
•Provides advice, guidance and insight to Senior Management and staff personnel on emerging compliance issues and consults and guides the company in establishment of controls to mitigate risk in coordination with the legal department.
•Perform forensic in depth audit of closed loans files for compliance with applicable State and Federal laws and adherence to the specific lender guidelines with emphasis on repurchase possibilities.
•Identifying potential fraud and or misrepresentation on the part of all interested parties in the loan transaction.
Confidential,Aug 2010 - 01/2012 - MQR/QA/ZENTA LOSS MITIGATION-RISK AUDIT ANALYST
•Review internal audit findings for global trends and recommend preventative process changes
• Identify and resolve operational areas of concern that may impinge on compliance and/or service levels.
• Executive re-underwriting of high profile loans previously denied modification.
•Complete quality control review and perform risk analysis by analyzing documentation and calculations provided by the underwriter, scoring the underwriter according to quality guidelines, and then making decisions regarding deficiencies identified during the review process.
Confidential,Dec 2009 - July 2010 - CONTRACT BUSINESS COMPLIANCE ANALYST
• Reviewed closed loans for eligibility with respect to Freddie Mac Selling Guide, LP DU Guide, and/or negotiated terms as defined by contracts with Freddie Mac lender partners.
• Performed risk analysis and made decisions regarding deficiencies identified during the review process.
• Identified transaction components that indicate a potential for fraud or harm and perform sufficient investigative work to resolve issues that are identified.
• Accurately recorded data and reviewed conclusions in QAS (Quality Assurance System) and prepared reports.
• Maintained a sound knowledge of Freddie Mac guidelines, LP DU guidelines, and risk assessment tools used to decision mortgage loans.
• Maintained a sound knowledge of secondary market activity, practices, and business/industry practices as they impact underwriting quality and origination activity.
• Understood traditional mortgage origination and underwriting practices.
• Reviewed manual underwriting styles from secondary and sub-prime markets.

Confidential,Mar 2008 - Nov 2009 -SPECIAL SERVICING UNDERWRITER

• Maintained pipeline, interviewed potential customer, and reviewed credit packages from start to closing.
• Contacted preferred banks, cleared all necessary closing conditions, and reviewed closing statements for attorneys.
• Reviewed all loans for fraud activity and ensured that all loans are in compliance with investor’s guidelines.

Confidential,Nov 2007 - Mar 2009 -SENIOR MORTGAGE COMPLIANCE ANALYST

• Risk compliance auditor for FNMA-FHLMC.
• Coordinated loans with banks and account executives on a daily basis.
• Reviewed all loans underwritten in department on a daily basis.
• Reviewed loans for fraud activity and ensured that all loans are in compliance with investor guidelines.

Confidential,Nov 2006 -Nov 2007 – CONTRACT SENIOR MORTGAGE UNDERWRITER/QUALITY CONTROLSUPERVISOR

• Reviewed 8-10 loans daily.
• Processed desk reviews, W-2s, Paystub fee sheets, and preliminary title reports.
• Reviewed closing documents, credit reports, commitment extensions, and rate locks.
• Reviewed OPUS reports.

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Business Control Analyst Resume

New Jersey, NJ

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