Selina Finance

Diligence Quality Control II (Part-Time)

Opole, Opole Voivodeship, Poland

Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Part TimeJob Type
UnknownVisa
Financial Services, Mortgage Servicing, Loan Diligence, Title Insurance, Real EstateIndustries

Requirements

The qualified candidate must have a minimum of 3-5 years of mortgage underwriting and quality control experience in origination or due diligence, with an emphasis on non-agency underwriting and QC desired. Experience in second-level reviews and escalations is necessary. A strong understanding of condition clearing processes, basic knowledge of credit rating agency requirements, and familiarity with USPAP standards, supplemental valuation products, and reconciliation are required. The role also demands the ability to produce underwriting reports, analyze results, identify issues, and take corrective actions, along with experience in reading and analyzing loan servicer pay histories and servicing documentation. Developing leadership skills, effectiveness as a team player, the ability to prioritize job duties, professionalism, positivity, excellent oral and written communication skills, strong interpersonal skills, problem-solving and decision-making abilities, the capacity to produce quality work, strategic thinking, strong analytical and organizational skills, excellent attention to detail, and the ability to multi-task and meet deadlines are also essential.

Responsibilities

The Diligence Quality Control II will be responsible for the quality control examination of loan reviews completed by Loan Review Analysts and provide real-time feedback on errors and corrective actions. They will ensure regulatory compliance for reviewed loans, escalate error trends to management, and develop a deep understanding of specific client guidelines. The role involves handling escalated and countered client conditions with minimal guidance, assisting with loan review system testing and enhancement, and developing subject matter expertise to become a go-to resource for specialist loan review QC topics. Additionally, the position requires assisting with problem-solving, issue resolution, and providing guidance on daily matters, including underwriting guidelines and compliance questions related to TRID, Reg X, TILA, and others. Maintaining a high level of confidentiality, adhering to internal controls, and responding to customer needs in a timely, accurate, and professional manner are also key responsibilities.

Skills

Loan Review
Quality Control
Regulatory Compliance
Client Guidelines
Problem Solving
Issue Resolution
Underwriting Guidelines
TRID
Reg X
TILA
Confidentiality
Internal Controls

Selina Finance

Flexible home equity lending solutions

About Selina Finance

Selina Finance offers flexible lending solutions for homeowners in the UK, focusing on home equity lending. Their main products include a Home Equity Line of Credit (HELOC), which allows borrowers to access funds against their property equity and only pay interest on the amount used, and a Homeowner Loan, which provides a fixed sum upfront. Unlike other lenders, Selina Finance's HELOC offers unique flexibility in borrowing amounts over the first five years. The company's goal is to help homeowners finance large purchases by leveraging the equity in their homes at competitive interest rates.

London, United KingdomHeadquarters
2019Year Founded
$50.4MTotal Funding
SERIES_BCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Risks

Rising UK interest rates could make Selina's loans less attractive to borrowers.
Increased competition from fintechs may erode Selina's market share.
Potential UK regulatory changes could increase compliance costs for Selina Finance.

Differentiation

Selina Finance offers the UK's first Home Equity Line of Credit (HELOC).
Their HELOC product provides flexible borrowing against home equity, unique in the UK market.
Selina Finance combines real estate, finance, and technology for next-generation lending solutions.

Upsides

Partnership with Legal & General expands access to a large network of mortgage advisers.
Recent $150M Series B funding boosts Selina's capacity for growth and product development.
Increased demand for flexible financial products aligns with Selina's offerings.

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