Remote
28 days ago
Project Review Analyst III
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 I is responsible for detailed review of Condominium documentation received from Operations and Sales to determine if a project meets Newrez and eligible agency requirements. The documentation may include Declarations, Bylaws, Budget and Balance Sheet, HOA questionnaires, Master Insurance, and appraisals.

Principal Duties

Manage the Project Review team mailbox including review requests, inquiries and scenariosDetermines eligibility of Condominium projects 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 CorrespondentsPerforms initial project reviews and conditional approvals within the agreed upon turn times to maintain a high level of serviceCompletes additional responsibilities as assigned by Management TeamPerforms related duties as assigned by supervisor.

Education and Experience Requirements  

High school diploma required4-year college degree preferred, or equivalent commensurate experienceFive (5) or more years of mortgage industry experience requiredMinimum of five (5) years of condo project review/eligibility requiredCo-op documentation review and analysis experience a plusKnowledge of Fannie Mae, Freddie Mac and Non-Agency condominium guidelines and exception policies are required along with familiarity with HOA questionnaires, HOA budget review, condominium legal document review, Litigation review and Master HOA Insurance policy review

Knowledge, Skill and Ability Requirements  

Ability to independently evaluate alternatives and recommend solutionsExcellent verbal and written communication skillsDemonstrated professionalism, tact, and diplomacyAbility to work in a fast-paced fluid environment.Exceptional customer service and interpersonal skillsStrong problem solving and conflict resolution skillsStrong organizational skills with close attention to detailAbility to work under minimal supervision is requiredProficient in 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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