JASON SAUCEDO
Dallas,TX
Summary
Successful Quality Control Compliance Auditor with 15 years plus in the mortgage banking industry. Self-motivated professional highly proficient in developing creative solutions and implementing objective decision making. Maintains positive attitude and works hard to build team relationships.
Overview
17
17
years of professional experience
Work History
Product Lead- Compliance Associate
Goldman Sachs
Richardson, TX
09.2023 - Current
- Product Lead handling Private Bank Mortgage, Secondary Markets Mortgage, and Secondary Market Non-Mortgage
- Ensured compliance with consumer financial laws and regulations applicable to consumer products
- Identified compliance risk associated with business process and practices, including through review of customer complaints and drive escalations and resolution
- Ensured objectives related to oversight, risk assessments, regulatory change management, business controls, polices and procedures, and training
- Supported the resolution and mitigation of significant control breaks
- Present findings to compliance senior management through compliance monitoring
- Arranged meetings with stakeholders across the firm's lines on decisions and propose solutions
- Regulatory experience with CFPB, Reg B,X,Z,E,P, FDPA, FCRA, HMDA, SCRA, and UDAAP
Senior Quality Control Auditor
Planet Home Lending
Irving, Texas
03.2021 - 01.2023
- Complete review of loan citing deficiencies and determining the overall risk rating of the findings of loan. Post and Pre Closing
- Legal compliance reviews to cover all aspects of compliance related regulations governed by federal, state, and local consumer protection laws
- CFPB, HMDA, Reg X,C,B,Z, FDPA, and UDAAP
- Arranged weekly meetings with management and LOB for risk mitigation
- Review and re-calculate employment and income documents, credit and liabilities, Title/title commitments, hazard/flood insurance, HUD-1, Closing Documents, Mortgage applications
- Performed Appraisal review for completeness
- Handled Fraud determinations and pushed forward when needed
- Review and recalculate asset and reserve documentation
- Contributed to training initiatives, and sharing knowledge on control process
Quality Control Analyst
PennyMac Loan Services
02.2018 - 03.2021
- Loan review citing deficiencies and determining the overall risk
- Determined if proper procedures were followed in underwriting and funding of all loans
- Determined if loan was properly disclosed at multiple stages of loan and all government regulations followed
- Review and recalculation of all income, assets, credit, and related documents in closing of loan
- Reporting and audit findings to internal workgroups for review and mitigate major defects when found
- Creation of test scripts/ test Controls and job aids
- Training of new hires with investor files and following company policy & procedures
- Subject Matter Expert with USDA/VA/FHA
Home Lending Advisor
JP Morgan Chase
10.2017 - 02.2018
- Met with Customers to discuss possible purchase of property, refinance, and home equity lines of credit
- Collected and analyzed financial information from clients in order to ensure client will be eligible for a home loan analyzed all the information received to make appropriate calculations to determine whether or not client is a good investment for bank had to provide financial counseling to clients when needed
- Advised when to pay off debts, how much money to put down or when to refinance
- Also had to counsel clients who have been declined on what steps they needed to take to eventually be eligible for home loan
Mortgage Underwriter
JP Morgan Chase
12.2011 - 10.2017
- Well Versed in USDA/FHA/VA/FNMA/Freddie, government policies and guidelines
- Evaluated the adequacy of the applicant’s income and probability of meeting financial Obligations
- Completed all underwriting functions in accordance with various program requirements, Bank policy and guidelines to identify exceptions/conditions
- Reviewed titles and appraisals to validate properties to meet insurer and guarantor guidelines
- Collaborated with loan originators and processors to correctly review and assess applications and risks
- Reviewed credit histories from applicants and determined feasibility of granting requested loans.
Shortsale/Loss Mitigation Specialist
JP Morgan Chase
12.2007 - 12.2011
- Mitigate, process and collect documents for short sales -Evaluated offers on home and then made decision while following Chase guidelines to determine if company would take the risk communicate with customers, attorneys, and agents for terms necessary for short sales while providing excellent customer service
- Thoroughly review and analyze complex financial documents
- Reviewed loan agreements to verify completeness and accuracy according to applicable policies
- Set up file on all Loss Mitigation Waterfall options
Education
The University of Texas At Arlington
Skills
- Verbal and Written Communication
- Staff Training
- Adaptability and Flexibility
- Collaboration and Teamwork
- Critical Thinking
- Detail-oriented
Timeline
Product Lead- Compliance Associate
Goldman Sachs
09.2023 - Current
Senior Quality Control Auditor
Planet Home Lending
03.2021 - 01.2023
Quality Control Analyst
PennyMac Loan Services
02.2018 - 03.2021
Home Lending Advisor
JP Morgan Chase
10.2017 - 02.2018
Mortgage Underwriter
JP Morgan Chase
12.2011 - 10.2017
Shortsale/Loss Mitigation Specialist
JP Morgan Chase
12.2007 - 12.2011
The University of Texas At Arlington