Credit Analyst - Maternity Leave

Description

As a Credit Analyst, you’ll monitor and ensure compliance with risk management practices, policies, and regulations. You’ll also identify emerging risks, revise risk guidelines, and promote a strong risk culture within the organization.

About the Role:

• Manage complex risk-based decisions to ensure alignment with business objectives and compliance within mortgage lending guidelines.
• Develop, manage, and maintain the credit risk policy framework.
• Assist business units, including Underwriting, by monitoring, reviewing, and analyzing daily risk activities, providing guidance on policy interpretation and deal structuring.
• Support daily risk activities, supporting business units with policy interpretation and deal structuring.
• Manage the data analysis and review process, liaising with internal and external partners to deliver on requirements.
• Provide credit-related guidance to internal teams to ensure accurate application and interpretation of underwriting policies.
• Represent the Credit team internally and externally as a credit subject matter resource.
• Maintain view to current, revised, and emerging regulations and/or standards pertaining to residential mortgage lending.
• Serve as second line of escalation regarding issues, including resolution and root cause analysis.
• Prepare reporting, summarizing key case findings and trends for internal and external partners.
• Contribute towards external broker onboarding due diligence and ongoing monitoring processes.
• Assist in managing defaulted loans, making recommendations, and updating relevant partners in a timely manner.
• Conduct research and analysis and serve as a resource for potential new partnerships and products.
• Serve as key analytical support for credit risk activities, including reporting.
• Produce comprehensive reports using multiple data sources to support risk management decision-making and present data in a clear, actionable format for senior management and stakeholders.
• Provide support towards external audit activities.
• Contribute towards the development and operationalization of compliance and credit-risk related reporting.

About You

Minimum Qualifications:

• 3 years of experience in the mortgage industry in an analytical role.
• Understanding of insured and uninsured mortgage lending policies, processes, and requirements.
• Understanding of Office of the Superintendent of Financial Institutions (OSFI) and Anti-Money Laundering/Fraud-relevant risks and regulations.

Preferred Qualifications:

• 3 years of experience in roles evaluating loan applications and ensuring quality control throughout the funding process.
• Experience within the mortgage industry, interfacing with investors, regulators, and mortgage default insurance providers.

What You’ll Get

Our team members fuel our strategy, innovation, and growth, so we ensure the health and well-being of not just you, but your family, too! We go above and beyond to give you the support you need on an individual level and offer all sorts of ways to help you live your best life. We are proud to offer eligible team members perks and health benefits that will help you have peace of mind. Simply put: We’ve got your back. Check out our full list of Benefits and Perks.

About Us

Rocket Mortgage was founded in 1985. Today, we’re a Detroit-based, publicly traded company with a mission to Help Everyone Home. At Rocket Mortgage, we believe that home is more than the house you live in. Our wide variety of home loan options, tools, and resources empower our clients to achieve their homeownership dreams. We’re known as experts in the mortgage industry, but we’re also innovators – we strive to create the best experiences for our clients from beginning to end. And we’re not your typical employer. We’re insistently different in how we look at the world and are committed to an inclusive workplace where every voice is heard.

Working for Rocket Mortgage in Canada means more opportunities for you to carve your own career path forward. From our desire to revolutionize the way people get mortgages to addressing challenges big or small with outside-the-box solutions, we’re not your typical employer. We’ll provide you with everything you need to make sure you’re successful here. Apply today to join a team that offers career growth, amazing benefits, and the chance to work with leading industry professionals.

This job description is an outline of the primary responsibilities of this position and may be modified at the discretion of the Company at any time. Decisions related to employment are not based on race, color, religion, national origin, sex, physical or mental disability, sexual orientation, gender identity or expression, age, military or veteran status or any other characteristic protected by state or federal law. The Company provides reasonable accommodations to qualified individuals with disabilities in accordance with applicable state and federal laws. Applicants requiring reasonable accommodations in completing the application and/or participating in the application process should contact a member of the Human Resources team, The Pulse, at Careers@myrocketcareer.com.