About the role
Come join our amazing team and work a remote schedule!
The Loan Servicing Quality Assurance Analyst position will be responsible for applying proven analytical, problem-solving, and testing/validation skills to ensure CMS's loan servicing business units are in compliance with all internal policies and procedures, adhering to federal, state, local and governmental regulatory requirements, and investor/product specific guidelines. Testing conducted may encompass life of loan processes.Perform all duties in accordance with the company’s policies and procedures, investor guidelines, and all US state and federal laws and regulations, wherein the company operates. The approved Target Pay range for this position is $27.00 - $29.00.
What you’ll do:
- Complete a thorough assessment of document provisioning and/or remediation plans assigned and identify items that require clarification.
- Evaluate process remediations received from servicing business units and determine if plan is sufficient to ensure compliance.
- Create and maintain documentation of processes, reports, applications, and procedures as per department policy.
- Conduct testing for internal and external low/medium risk findings to ensure successful plan implementation of resolution and that finding is remediated. Testing must be conducted accurately and in accordance with established testing timelines and standards.
- Identify exception based on testing performed and notify department management of any observations that are outside of the testing scope but require action.
- Obtain approval of testing as documented by department procedure or at the direction of management.
- Perform loan data analysis to validate and communicate test results to servicing business unit as outlined by department management.
- Perform recurring testing as assigned.
- Research external or internal findings, propose initial response(s) to business units, obtain approval if modifications are made to business unit responses ensuring responses are submitted timely to internal and external parties.
- Utilize SharePoint and other systems to track all assignments and update the status accordingly.
- Escalate issues of risk concern to management and maintain appropriate data integrity and confidentiality.