Vendor Auditor - Onsite

Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications.
We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.

Primary Function

The Vendor Auditor is responsible for assisting with management of vendor relationships, in some business relationships serving as the organizations point of contact in obtaining and reviewing Vendor documents and agreements. The Vendor Auditor monitors the work of each vendor to ensure that they are operating within an acceptable risk level within the organizations threshold and per the terms of the service agreement. This role is expected to identify vendor risk levels, control gaps, trends and overall needs for improvement. The role relies heavily on time management skills and will rely on experience and judgment to plan and accomplish goals.

Principal Duties

• Runs basic reports to identify outstanding tasks and questionnaires
• Implementation and coordination of new vendor services
• Ongoing monitoring reviews and risk assessments
• Tracking of time-sensitive data
• Verification of vendor data
• Coordination of vendor meetings
• Review of simple invoices submitted by vendors including approval or hold for disposition decisions.
• Customer service and departmental support.
• Tracking, management and maintenance of vendor issues.
• Performs related duties as assigned by supervisor

Education and Experience Requirements

• 2-3 Years of Mortgage or financial industry experience.
• Four-year degree from an accredited institution is preferred
• Strong organization and time management skills
• Technology skills and experience with SharePoint, PowerPoint, Excel and Word and/or Vendor Management System
• Report preparation skills, including analysis of cost and other financial-related information
• Experience with legal documents pertaining to contracts
• Excellent attention to detail, process and structure
• Ability to build relationships with external vendors and internal customers
• Good verbal and written communication skills
• Working knowledge of mortgage industry
• Ability to work positively in a team-oriented setting

Additional Information:

While this description is intended to be an accurate reflection of the positions requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement.

Company Benefits:

Newrez is a great place to work but we are only as strong as our greatest asset, our employees, so we believe in rewarding them!

• Medical, dental, and vision insurance

• Health Savings Account with employer contribution

• 401(k) Retirement plan with employer match

• Paid Maternity Leave/Parental Bonding Leave

• Pet insurance

• Adoption Assistance

• Tuition reimbursement

• Employee Loan Program

• The Newrez Employee Emergency and Disaster Fund is a new program to support our team members

Newrez NOW:

• Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more

• 1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice

• Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee

• Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions

Equal Employment Opportunity
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

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