Vendor Quality Control Analyst evaluates vendor operations, products, and services for compliance with government and company quality standards. Conducts audits and testing of products, materials, and processes to measure effectiveness and compliance with company expectations. Being a Vendor Quality Control Analyst analyzes and monitors metrics and KPIs to suggest improvement initiatives. Works with vendors and identifies alternative vendors to mitigate risks and resolve problems. Additionally, Vendor Quality Control Analyst assists with drafting and negotiating service-level agreements to ensure performance/quality metrics, responsibilities, expectations, and penalties are adequately defined. Prepares reports and updates on vendor status and quality. Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Vendor Quality Control Analyst occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Vendor Quality Control Analyst typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)
Professional and administrative work primarily involving performing post-closing and pre-funding quality control reviews to ensure compliance with all investor/agency guidelines, state and federal requirements, as well as lender-specific and client-specific overlays. Responsible for completing full file reviews including timely ordering of credit, income, asset, and additional reverifications, as required.
ESSENTIAL RESPONSIBILITIES & DUTIES:
Level I
Level II (all above plus)
OTHER DUTIES, KNOWLEDGE, SKILLS, ABILITIES:
Required:
General:
Education: High School Diploma
Experience: 2 years of QC, post-closing, compliance, and/or underwriting experience with FHA, VA, USDA, FNMA, FHLMC, and FHLB guidelines or equivalent knowledge and experience.
Licenses/Certifications: none
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