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NewRez

Project Review Analyst II

Posted 17 Days Ago
Be an Early Applicant
Remote
4 Locations
Mid level
Remote
4 Locations
Mid level
Responsible for reviewing condominium documentation to determine eligibility for mortgage projects, addressing inquiries, and ensuring compliance with guidelines while maintaining high service levels.
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Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications.
We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.
 

Primary Function

The Project Review Analyst II is responsible for detailed CPM/Full Lender reviews of Condominium documentation received from Operations and Sales and various business channels to determine if a project meets NewRez and eligible agency requirements.  The documentation may include HOA Questionnaires, Master Insurance, Appraisals, Budgets, Declarations and Bylaws.

Principal Duties

  • Determines eligibility of Condominium projects for reviews based on documentation review/analysis and communicates results to the appropriate individuals.
  • Addresses and resolves inquiries via phone or email related to Condo Project investor guideline eligibility from internal and external associates; including Sales, Processors, Underwriters, Brokers, and Correspondents
  • Performs initial project reviews and conditional approvals within the agreed upon turn times to maintain a high level of service
  • Performs related duties as assigned by supervisor
  • Completes additional responsibilities as assigned by Management Team

Education and Experience Requirements  

  • 4 year college degree preferred, or equivalent commensurate experience
  • High school diploma required
  • Three (3) or more years of mortgage industry experience required
  • Three (3) or more prior Condo Project Review eligibility experience required
  • Co-op documentation review and analysis experience a plus
  • Knowledge of Fannie Mae, Freddie Mac and Jumbo Investors condominium guidelines and exception policies are required along with familiarity with HOA questionnaires, HOA budgets and Master HOA Insurance policy review

Knowledge, Skill and Ability Requirements  

  • Ability to independently evaluate alternatives and recommend solutions
  • Excellent verbal and written communication skills
  • Demonstrated professionalism, tact and diplomacy
  • Ability to work in a fast paced fluid environment.
  • Exceptional customer service and interpersonal skills
  • Strong problem solving and conflict resolution skills
  • Strong organizational skills with close attention to detail
  • Ability to work under minimal supervision is required
  • Proficient in Adobe and Microsoft suite of product; Outlook, Word, Excel, PowerPoint etc.

Additional Information:

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

 

All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement.

Company Benefits:

Newrez is a great place to work but we are only as strong as our greatest asset, our employees, so we believe in rewarding them!

  • Medical, dental, and vision insurance

  • Health Savings Account with employer contribution

  • 401(k) Retirement plan with employer match

  • Paid Maternity Leave/Parental Bonding Leave

  • Pet insurance

  • Adoption Assistance

  • Tuition reimbursement

  • Employee Loan Program

  • The Newrez Employee Emergency and Disaster Fund is a new program to support our team members

Newrez NOW:

  • Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more

  • 1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice

  • Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee

  • Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions

Equal Employment Opportunity 
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

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Top Skills

Adobe
Microsoft Authenticator
Microsoft Office Suite
Okta Verify

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