ARMs Analyst
ID de la solicitud
66628
Publicado
13-May-2022
Línea de servicio
Advisory Segment
Tipo de función
Tiempo Completo
Ubicaciones
Houston - Texas - United States of America
JOB SUMMARY  

The purpose of this position is to assist and support the ARMs department by reviewing and auditing document and contractual data and provide loan servicing for all loan types.


ESSENTIAL DUTIES AND RESPONSIBILITES

Reviews all new loans and prepares loan set-up specifications.

System to note audit and review of ARMs and fixed rate loans post conversion. Ensures loan information is correct within the system and matches original loan documents.

Reviews and prepares implementation instructions on modifications.

May assist in providing support to servicing departments/Asset Managers/Portfolio Managers in the analysis of ARM/DIAL (Deferred Interest Accruing Loans)/modifications/complex reconciliations.

Handles customer service issues regarding ARM loans/modification/complex reconciliations.

Reviews loan document for ARM criteria.

Evaluates, Analyzes and calculates ARM changes. Reviews ARM reports to ensure accuracy and integrity.

Prints and mails ARM document change notifications as necessary.

Reviews and tests all ARM logic in Beta test versions of Strategy.

Other duties as assigned.


SUPERVISORY RESPONSIBILITIES  

No formal supervisory responsibilities in this position.

QUALIFICATIONS  

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

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


EDUCATION and EXPERIENCE  

High School diploma or General Education Degree (GED) required. Bachelor's degree from a four-year college or university and/or a minimum of 2 years related experience.


CERTIFICATES and/or LICENSES  

None


COMMUNICATION SKILLS  

Ability to comprehend and interpret instructions, short correspondence, and memos and ask clarifying questions to ensure understanding. Ability to write routine reports and correspondence. Ability to respond to common inquiries or complaints from clients, co-workers, and/or supervisor. Ability to effectively present information to an internal department and/or large groups of employees.


FINANCIAL KNOWLEDGE  

Requires basic knowledge of financial terms and principles. Ability to calculate simple figures such as percentages.


REASONING ABILITY  

Ability to understand and carry out general instructions in standard situations. Ability to solve problems in standard situations. Requires basic analytical skills.


OTHER SKILLS and ABILITIES  

Proficient in common Microsoft applications including: Word, PowerPoint and Excel. Working knowledge of: the McCracken Strategy (AS400 based) loan servicing software preferred. Ability to interpret mortgage loan documents. Must be organized, efficient and capable of handling and prioritizing numerous assignments and deadlines simultaneously.


SCOPE OF RESPONSIBILITY  

Decisions made with general understanding of procedures and company policies to achieve set results and deadlines. Errors in judgment may cause short-term impact to co-workers and supervisor.

NOTE: An additional requirement for this role is the ability to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing.