Business Systems Analyst I - HP
The Illinois Housing Development Authority (IHDA) is one of the Nation’s preeminent Housing Finance Agencies committed to financing affordable housing in Illinois. The Business Systems Analyst I will oversee the Loan Origination System for the Homeownership Department, ensuring data accuracy and acting as a liaison with the IT department for system inquiries and enhancements.ResponsibilitiesOversee all data entry for accuracy and completeness. Train and work with staff to guarantee employees have the knowledge to effectively perform their tasks within the system. Understand downstream impacts of any system change and coordinate with those departments to ensure they are in lock step from an informational standpointComplete policy and procedures, with department Business Analyst(s) and upper Management, to confirm accuracy; revisit changes on a regular basis to ensure complianceMaintain, and proactively initiate, efforts between the Authority's departments to ensure the origination software complies with investor requirements; including the hedging of mortgage loansWork with LOS Vendor to guarantee all updates and enhancements are applied in a timely manner, along with ensuring the necessary testing has been documented to maintain audit and IT complianceFacilitate training for external lenders regarding the front-end reservation website; including, but not limited to: Reserving / locking loans, uploading documents to files for IHDA review, and assisting external system administrators with the on-going maintenance of external user accountsCoordinate with department's Business Analyst(s) to configure and maintain all internal and external user's system rights / privileges rights with the appropriate security access as needed by their positionProvide assistance to correspondent lender network during the reservation process to ensure lenders can actively lock in loans, upload documents, and maintain external user accountsPart of the team responsible for the creation, implementation, and maintenance of the Authority’s single-family loan programs within the LOS; including monitoring the funds available for each programPerform additional duties as assignedSkillsBachelor's Degree preferredMust have background knowledge of computer science experienceRequires excellent verbal and written communication skills along with customer service skillsMust have strong analytical skills with the ability to critically think and problem solve within time sensitive situationsMust be highly organized with a high attention to detailMust be able to autonomously research the mortgage industry; including, regulatory changes and financial impacts of securitizing Mortgage Backed Securities (MBS) that pertains to maintaining the Authority's LOSMicrosoft Office skills required; including, but not limited to: Microsoft Excel, Word, Visio and PowerPointEncompass (LOS) experience is highly preferredReport writing skills (Crystal Reports, SSRS, etc.) preferredBenefitsPaid time off, plus paid holidaysMedical/dental/vision/life insurance plansShort/long term disabilityTuition reimbursementFlex spending401K plan – immediate vestingIHDA employees may be eligible for federal loan forgiveness programs.Company OverviewIllinois Housing Development Authority provides an array of loans, mortgage, lending, financial, housing, rental, and real estate services. It was founded in 1967, and is headquartered in Chicago, Illinois, USA, with a workforce of 201-500 employees. Its website is https://www.ihda.org/.
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