About the team:
Capco Managed Services team partners with financial institutions to provide scalable solutions for our clients to run their operations effectively and efficiently, while in parallel, delivering strategic and transformative advisory services. Our value-added solutions enabled by AI and Automation are flexible and adaptable based on each client’s strategic objectives, products and services offered, as well as delivery channels. Our services and solutions are core agnostic and easily integrated. We supplement internal processes and talent with our diverse subject matter expertise and years of experience in the financial services industry. With a proven track record spanning 25+ years, our team is adept in delivering sustainable results, implementing quality control into all programs, adhering to strict SLAs, aligning delivery incentive with our clients, and delivering continuous improvement and value beyond cost efficiency.
About the Job:
The Senior Consultant – Mortgage Quality Control is responsible for evaluating and reanalyzing mortgage loan applications to ensure creditworthiness, compliance with lending guidelines, and risk mitigation. This role involves sample selection, file reviews, defect remediation, and reporting to clients.
What You’ll Get to Do:
- Perform quality control review of mortgage loans for creditworthiness, documentation accuracy, and compliance with investor guidelines and regulatory requirements.
- Analyze credit reports, income documentation, asset verification, property appraisals, and other relevant financial information.
- Confirm sound underwriting decisions regarding loan approval, conditions, or denials based on comprehensive risk analysis.
- Provide guidance, training, and support to department staff.
- Collaborate with clients to resolve underwriting issues and clarify loan conditions.
- Stay updated with changes in mortgage lending regulations, investor requirements, and industry best practices.
- Maintain accurate records of audit activities and findings in compliance with department procedures.
- Ensure compliance with all applicable investor lending regulations (e.g., Portfolio, Fannie Mae, Freddie Mac, FHA, VA, USDA and Consumer Loans).
- Review and update QC policies and procedures in response to market conditions.
What You’ll Bring with You:
- Minimum 5 years of mortgage underwriting experience
- Strong knowledge of mortgage lending guidelines and investor requirements (Portfolio, Fannie Mae, Freddie Mac, FHA, VA, USDA and Consumer Loans).
- Deep knowledge of mortgage products, credit analysis, and agency guidelines.
- Proven ability to make independent, high-stakes decisions with accuracy and integrity.
- Excellent analytical, organizational, and communication skills.
- Experience leading and/or building underwriting teams is a plus.
- Proficiency with top industry loan origination systems (LOS)
- FHA Direct Endorsement (DE) certification preferred
Why Capco?
A career at Capco is a chance to help reshape the competitive landscape in financial services. We launch new banks, transform existing ones, and help our clients navigate complex change. As consultants, we work on the front-end business design all the way through to technology implementation.
We are the largest Financial Services focused consultancy in the world, serving everyone from global banks to emerging FinTechs, from strategy through digital transformation, design, business consulting, data and analytics, cyber, cloud, technology architecture, and engineering.
Capco is a young and growing firm. We maintain an entrepreneurial spirit and growth mindset, and have minimal bureaucracy. We have no internal silos that get in the way of your career opportunities or ability to focus on our clients and make a difference to the business. We offer the opportunity for everyone to learn rapidly, take on tough challenges, and get promoted quickly. We take pride in our creative, collaborative, diverse, and inclusive culture, where everyone can #BYAW.
We offer highly competitive benefits, including medical, dental and vision insurance, a 401(k) plan, tuition reimbursement, and a work culture focused on innovation and creation of lasting value for our clients and employees.
Ready to take the Next Step?
If this sounds like you, we would love to hear from you. This is an opportunity to make a difference and contribute to a highly successful company with a significant growth trajectory.
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