MUFG Union Bank HMDA Quality Control Auditor in San Diego, California
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S&P Global, April 2018) with total assets of over $2.9 trillion (106.2 (JPY) as of March 30, 2018) and 150,000 colleagues in more than 50 countries. In the U.S., we’re 13,000 strong, working together to positively impact every customer, organization, and community we serve. At Union Bank, we aim to be the premier and most-trusted West Coast bank, serving customers with high-touch, local delivery and global capabilities as we leverage our rich, 150-year history. This is all part of our inclusive, high-performing culture supported by competitive Total Rewards, including our cash balance pension plan. Join a team that’s working to fulfill its vision to be the world’s most trusted financial group.
In this role you will perform HMDA Data quality control audits of all HMDA reportable loan applications. This includes residential mortgage loans, HELOCs, bulk loan purchases, assumptions, and commercial loans. You'll confirm data collected and reported aligns with reporting requirements.
You'll perform timely monthly audits of funded and non-funded loans selected for HMDA data QC review for accurate reporting according to the HMDA regulatory specification.
Review selected data fields for accuracy, errors, and omissions and work with businesses to remediate any documentation errors required for the audit.
You will audit loan data against supporting documentation for completeness and accuracy, keeping accurate record of corrected data, and identifying any root causes for data anomalies and issues.
Use your skills to collect, investigate, and review additional information as necessary to validate and report correct data.
Bring forth your analytical abilities to perform data audits according to established procedures and specific HMDA definitions and requirements.
Be accountable for conducting internal team quality control by reviewing first level QC auditor’s work, providing feedback and guidance on errors identified.
Are you able to work independently and meet audit goals with nominal errors?
Juggle special ad hoc audit requests and meet timeline requirements, while handling normal audit volume.
Apply your written skills to document concise findings in the QC database(s) to record the results of each data findings and audit the more complex commercial loan documents.
As a mentor, you will train new auditors and provide guidance to existing 1st level QC staff.
You will communicate audit findings and ensure findings are accurate and well-written.
Do you have 5 years of residential mortgage or consumer equity loan/line Quality Control auditing and/or underwriting experience?
Are you knowledgeable of the HMDA data reporting requirement and mortgage lending process (underwriting, processing, and closing)?
It is helpful if you have some commercial loan underwriting knowledge.
We want someone who looks at the fine details and has strong written communication skills, and can use computer systems effortlessly. Is that you?
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.
We are proud to be an Equal Opportunity / Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives, and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.
A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it's the bank's policy to only inquire into a candidate's criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.
Job: Risk & Compliance
Primary Location: CALIFORNIA-San Diego
Schedule Full Time
Req ID: 10028446-WD