Ztek Consulting - McLean, VA
posted about 2 months ago
The Product Analyst for Mortgage plays a crucial role in bridging the gap between business and technical teams within the mortgage industry. This position requires a strong background in mortgage processes and a comprehensive understanding of the end-to-end software development life cycle (SDLC). The analyst will be responsible for gathering requirements, designing process and data flows, and creating technical specifications for services and APIs. They will also engage in business analysis, translating business requirements into technical requirements, and conducting feasibility analyses to support development efforts. In addition to requirement gathering, the Product Analyst will support systems integration testing and user acceptance testing (UAT). This includes creating and documenting UAT strategies, plans, and test cases/scripts. The role demands excellent communication and analytical skills, as the analyst will write user stories that reflect both business-driven functionality and technical capabilities. They will provide constructive support to the Product Owner and IT team, ensuring that product-related decisions are informed and aligned with customer needs. The analyst will encourage a customer-centric mindset within the Modern Delivery team, focusing on continuous improvement and the advancement of team processes. They will partner with the development team to create project and process specifications, while also identifying opportunities to enhance team performance. A solid understanding of the Government Sponsored Entity (GSE) background and the Secondary Mortgage Loan Lifecycle is essential, including knowledge of various mortgage products such as PCs, Giants, Megas, REMICs, STRIPs, Fixed Rate, and ARMs. The role also involves sourcing and servicing loans, which includes interaction with mortgage banks and servicers for collecting loan payments, managing defaults, and implementing loss mitigation strategies. The analyst will have a strong grasp of securitization and pooling of loans, including knowledge of single-class and multi-class assets, payment cycles, and investor reporting and disclosures. Familiarity with the Common Securitization Solutions (CSS) interface is also required, particularly in relation to issuance, bond administration, and disclosure processes.