Offsite Contract Underwriter
Integrated Asset Services (IAS) has been a leading provider of default services for more than 11 years and has continually set new standards of service and performance for the industry. IAS specializes in default mortgage services including valuation, reconciliation and full cycle REO disposition on a nationwide basis. For more information, visit the company’s Web site at www.iasreo.com.
As a remote independent contractor this position entails the detailed review of and quality control for various residential real estate mortgage valuations, due diligence and credit underwriting products.
The Contract Underwriter position is responsible for successful review of the client’s placed order as it relates to all products and services that include but not limited to the following: credit files, collection comments, pay histories, credit reports, fraud products, valuation and any compliance services.
This business unit has immediate openings for a highly organized individual with a minimum of 3 - 5 years of related underwriting experience as well as can manage their schedule and work load independently. Servicing experience along with Scratch and Dent loans are recommended but not required. A positive attitude coupled with a can do and proactive approach to assignments and the ability to multi-task, will carry significant weight in the selection process.
RESPONSIBILITIES:
• Review of credit underwriting files as due diligence per the client required scope.
• Review scopes include: Full, compliance, Collection Comments, Pay Histories, Credit Reports, Fraud Products, or any combination of the listed scopes with file time depending on the placed order.
• Participate in any Pre-Job conference calls to understand the review scope required by the client.
• Maintain a professional demeanor while delivering exceptional service for high profile clients.
• Remotely access and use the system iCDA to capture the review points for the client required reports.
• Review any valuation products order by the clients such as BPO’s, AVM’s or reconciliations.
• Routinely engages and communicates across all levels of management and clients organizations.
POSITION QUALIFICATIONS:
Education:
• High School diploma or equivalent required; successful completion of business/secretarial school curriculum preferred.
• College degree or equivalent preferred.
Must be able to provide a W-9 and sign a contractor agreement.
Job Related Experience:
• A minimum of 3 - 5 years of industry credit underwriting or related industry experience required.
• Multi-faceted mortgage industry experience preferred such as the following: processing, front line underwriting, due diligence review, servicing experience and scratch and dent (non-performing underwriting).
• Servicing experience preferred such as loss mitigation or REO.
• Scratch and Dent loan review emphasized.
I.T. Requirements:
• Personal computer at least 1 GHz processor, at least 512mb RAM (1GB recommended), Windows XP.
• Firewall software (latest and greatest).
• Anti-virus software (latest and greatest, plus subscription for updates).
• Anti-spy ware software (latest and greatest, plus subscription for updates).
• High speed internet such as DLS or cable. Example: Comcast high speed
• Two 17” or better monitors capable of 1024x768 resolutions, along with necessary video card or cable (required not a recommendation).
• Adobe Acrobat Reader version 7 or better.
• Adobe Flash player 9.0 or better.
• Java % Runtime or greater.
Functional Area Skills/Knowledge:
• Strong sense or urgency required with ability to multitask in a dynamic, demanding environment.
• Strong Outlook, Word, Excel and PowerPoint skills required. Web Searching required accessing the engine.
• Strong verbal, written interaction and communication skills.
Ability to project a professional image at all times!
• Ability to plan, organize and schedule own work.
• Must be able to follow established guidelines to accomplish tasks and solve routine problems with ability to handle referring non-routine matters to a conclusion using professional judgment and management of self and client timelines/deliverables.
• Good business or technical vocabulary required
Employer Posted:Wednesday, January 07, 2009