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 III 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 scenarios
- Determines 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 Correspondents
- Performs initial project reviews and conditional approvals within the agreed upon turn times to maintain a high level of service
- Completes additional responsibilities as assigned by Management Team
- Performs related duties as assigned by supervisor.
Education and Experience Requirements
- High school diploma required
- 4-year college degree preferred, or equivalent commensurate experience
- Five (5) or more years of mortgage industry experience required
- Minimum of five (5) years of condo project review/eligibility required
- Co-op documentation review and analysis experience a plus
- Knowledge 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 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 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
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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Originally posted on Himalayas
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