Kimberly Walton

Performance of quality assurance and control Audits on the Loan Reconciliation Analyst's and Default related processes. The goal is to minimize HUD audit risks on FHA loans- CWCOT, Part-B, PFS and VEGA.
•Perform audit consisting of review, analysis, risk assessment, and testing of sample populations.
•Perform audits on selected samples including, call recordings, data, documentation or other sample types.
•Perform audits to determine accuracy, consistency, error detection, omission of data/information, process and/or system gaps, etc.
•Ensure processes and samples reviewed are managed in adherence to internal policies and procedures, investor/insurer guidelines, and federal regulations.
•Ensure audits include required level of detail and are performed in a timely manner, in accordance with established policies and procedures.
•Create and maintain documents necessary to perform quality assurance and control audit process including, itemized checklists, reports, scorecards, trackers, etc.
•Actively participate in meetings with team and supported lines of business to review findings and remediation related to audits performed.
•Identify Areas of opportunity for application of quality assurance and control audit process, both in-line and post mortem.
•Gather and review further information, conduct additional analysis, research and testing as needed, including targeted reviews.
•Assist Supervisor/Manager in developing department job aids.
•Perform other related duties as required and assigned

Review completed loan files to validate that all required investor, insurer, and/or PennyMac guidelines were met in a timely manner (and therefore entitling PennyMac to financial recovery)
•Reconcile financial transactions to ensure maximum recovery for the company
•Seek third party recovery of losses, as stipulated in the reps and warranties of specific transactions
•Negotiate full or partial settlements with MI, Investor, or other third parties, as required
•Consult with various business units to identify risk or exposure to losses and develop procedural recommendations
•Perform work duties utilizing MS Access or Sequel database, including query design and execution
•Perform other related duties as required and assigned

• Perform a complete forensic review and reconciliation analysis for bankruptcy aged accounts, to ensure clients accuracy of separation of received pre - petition and post - petition funds
• Investigate and decide on appropriate courses of action, for missed payment change notices, and escrow analysis: then after provide
  additional documentation and recommendations of analysis finding
• Performs periodic audits of debtors charges and payments.

• Conducts and document basic and moderately complex quality assurance checks of core products deliverables for clients prior to release, including: newly identified insurance policies, cycle claims selections for coordination of benefits,
• Provider disallowance reports and medical support enforcement files.
• Assists in identifying and correcting errors.
• Communicates with Project Managers concerning scheduling of files for QA and errors identified
• Ensures deliverables meet client requirement through detailed review and analysis
• Recommended new processes and methods for streamlining/automating quality review processes or identifying error in processing more efficiently.
• Handled 25 or calls per day to address customer inquiries and concerns

• Research discrepancies caused by over or short payments and ensured timely adjustments are made
• Monitor team performance and audit workflow to ensure quality assurance and compliance
• Process loss analysis tasks to complete written-off/charged-off loans
• Manage reporting, control processes, quality and audit reviews for the department's workflow
• Assist with development, testing and implementation of new systems

Performed review of existing risks and controls to determine if risks were accurately identified with controls in place to mitigate risk

• Assisted senior management and risk department to ensure that loans $25 to $45 million were forecasted for charge off for bankruptcies and foreclosures
• Audited bankruptcy files for application of payments current and delinquent post-petition status
• Appropriately followed up with attorneys and bankruptcy trustees to avoid bankruptcy delinquencies
• Developed professional relationships with bankruptcy attorneys, trustees, other legal counsel and bankruptcy court personnel
• Filed documents with bankruptcy courts within expected timeframes to prevent delays
• Researched bankruptcy loan files to confirm federal guideline compliance