Sr. Compliance Analyst- Originations Compliance QC

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.
 

POSITION SUMMARY

The Sr Compliance Analyst - Originations supports the Company’s compliance management plan through the execution of compliance testing, preparation, and monitoring of compliance reporting, and assisting the various lines of business in the development and implementation of policies and procedures to comply with the federal, state, and local laws and regulations.

DESCRIPTION

Duties and Responsibilities

• Support all aspects of the Company’s compliance initiatives, including assisting in the development of policies, procedures, test plans, reports, and technology requirements, to comply with the company’s compliance various requirements, including Real Estate Settlement Procedures Act (RESPA), Truth in Lending Act (TILA), Equal Credit Opportunity Act (ECOA), Fair Credit Reporting Act (FCRA), Gramm-Leach-Bliley Act (GLBA), Home Mortgage Disclosure Act (HMDA), Security and Freedom Enhancement Act (SAFE Act), and any applicable state specific consumer protection and lending laws.
• Assist in the preparation and execution of the Company’s compliance risk assessments and development of compliance test plans.
• Support the Company’s various lines of business by addressing day-to-day compliance matters, including but not limited to answering routine to complex questions, identifying, and/or resolving issues, and when applicable, escalating key issues to management.
• Provide compliance support and oversight for the Company’s new product and program launches.
• Function as a lead in the preparation and submission of key compliance reporting requirements, including but not limited to the HMDA Loan/Application Register (LAR), Mortgage Call Report (MCR), and any other routine to complex compliance reports, as required by management.
• Coordinate and test routine to complex updates and/or enhancements to the Company’s technology platforms, including its proprietary systems, reporting software, and third-party compliance integrations (including ComplianceEase, Mavent, and RiskExec).
• Participate in all aspects of federal, state, and agency/investor examinations as needed, including completing loan file reviews, preparation of examination responses, and functioning as a lead in the development of remediation plans and post implementation testing to ensure effectiveness.
• Monitor for changes to the federal, state, and local regulatory environment, identify any applicable changes, and assist with the implementation and testing of updated policies, procedures, and technology in connection with updates that affect the Company.
• Mentor to more junior staff members.
• Performs related duties as assigned by management.

Qualifications and Education Requirements

• High School Diploma or equivalent required.
• Bachelor’s degree is preferred.
• 4-6 years of demonstrated mortgage legal and/or compliance experience required.
• 10+ years of mortgage lending experience required.

Skills, Abilities, and Knowledge

• Excellent interpersonal, written, and oral communication skills.
• Excellent research and writing skills.
• An ability to manage multiple priorities in a fast-paced environment.
• Excellent computer skills with proficiency in Microsoft Outlook, Word, PowerPoint, and Excel.
• Familiarity with mortgage Loan Originations Systems (LOS), documents and Extensible Markup Language (XML) data.
• Knowledge of National Mortgage Licensing System (NMLS) and Federal Housing Administration (FHA) Connection.
• Experience with Automated Compliance Systems (such as Mavent, Compliance Ease, etc.) is preferred.

Additional Information

While this description is intended to be an accurate reflection of the position’s 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.

By applying to this position candidate acknowledges that this is not a remote role and is required to be on-site.

REVISION HISTORY

Last Updated: 10/21/2024

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