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Pre-Funding QC Auditor

Cornerstone Capital Bank
Houston, TX Full Time
POSTED ON 2/6/2025
AVAILABLE BEFORE 5/5/2025

Description

  • No agencies or 3rd party Recruiters please. Thank you!

Who we are :

Cornerstone Capital Bank is a new bank, with over $330 million in capital and $2 billion in total assets and arises from the combination of mortgage industry giant Cornerstone Home Lending and community banking standout Roscoe State Bank. You'll be on the front end of working for an innovative large community bank that is a leader in mortgage lending and community banking and growing in middle-market commercial and real estate lending.

We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.

Who we are looking for :

Cornerstone Capital Bank is seeking an experienced Pre-Funding QC Analyst to join our team! the Pre-funding QC Analyst will be responsible for auditing and reconciliation of conditions on loans not yet funded for Cornerstone Home Lending, Inc. and all affiliate companies as assigned by the Lead QC Analyst or Director.

Key Responsibilities :

  • Appropriately select loans for review from the query based on risk, loan type, and closing date, ensuring that all agency audit requirements are met
  • Fully re-underwrite selected loans with sufficient attention to detail to determine manufacturing defects
  • Appropriately condition loans to ensure that missing items are obtained and / or incorrect information is addressed
  • Review conditions in a timely manner to facilitate loan closing
  • Communicate with production staff in a clear, concise, and professional manner
  • Maintain productivity as established by the Lead QC Analyst and Director. Currently, the minimum productivity is 2 full and 3 targeted reviews per day on a monthly average
  • Ensure that red flags and suspicious activity are elevated to CMC Suspicious Activity for review
  • Maintain current knowledge of all agency and investor guidelines
  • Maintain current knowledge of all Cornerstone guidelines and overlays
  • Audits to be completed in ACES when review is complete
  • Income, asset, and appraisal worksheets to be completed as appropriate for type of review and maintained in the shared drive, along with cover page from ACES audit
  • Weekly review of ACES pipeline
  • Assist with third party reviews and EPD audits as directed by the Director or Lead QC Analyst
  • Serve as back up resource for investigation of reported suspicious activity
  • Assign and delegate individual duties in response to state, federal, or agency examination requests to ensure a complete and timely response
  • Other duties as assigned
  • What you'll need to be successful :

  • Bachelor's degree or equivalent work experience
  • Minimum of 5 years of underwriting, operations, or quality control experience in the mortgage industry
  • Direct Endorsement Underwriter preferred
  • Familiar with Desktop Underwriter, Collateral Underwriter, Loan Prospector, and TOTAL Scorecard
  • Able to calculate income and assets and reconcile credit information in accordance with investor requirements and industry standards
  • Strong experience in collateral review
  • Strong knowledge of underwriting and appraisal red flags
  • Familiar with all agency and investor quality control requirements
  • Proficiency with Microsoft Office
  • Strong communication skills necessary to communicate with team members and senior management
  • Strong research and computer skills
  • Working knowledge of Federal and State laws applicable to mortgage banking
  • Strong reasoning, problem solving and critical thinking skills
  • Ability to pay significant attention to details
  • What we offer :

    Because we recognize and reward hard work, we offer a competitive salary, a full benefits package, and the potential for a performance-based bonus.

    What to do next :

    If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're a part of our Cornerstone team, we'll continue to invest in you as a valuable asset to our company. As many of our team members can tell you, there's something special about working at Cornerstone.

    Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities

    The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

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