| Job Summary:
The Mortgage Compliance Specialist will be responsible for establishing and maintaining documentation regarding regulatory compliance laws applicable to residential mortgage loans. The Mortgage Compliance Specialist will design, implement, and maintain company policies and procedures for conducting compliance reviews on client portfolios.
Job Duties:
- Establish and maintain documentation regarding regulatory compliance laws applicable to residential mortgage loans.
- Design, implement, and maintain company policies and procedures for conducting compliance reviews on client portfolios.
- Work with the information technology team to enhance company systems in order to improve the efficiency and quality of the review process
- Provide oversight of compliance review findings to ensure the quality of results.
- Assist or manage production teams in order to meet client deadlines.
- Provide leadership to compliance specialists, including designing training programs and providing assistance on escalated compliance issues.
- Interact with clients on final reports and assist with rebuttals when necessary.
Education, Experience & Knowledge:
- Education:
- Bachelor’s degree in a related field required. In some cases, substantial, relevant experience may be substituted for this qualification
- Experience/Knowledge:
- 2 or more years’ of mortgage regulatory compliance experience.
- Knowledge of federal and state mortgage laws, including but not limited to QM/ATR, TRID, RESPA, Reg Z, HOEPA, and HPML
Skills & Qualifications:
- Analytical Skills:
- Ability to assess, modify and create new processes, procedures and controls.
- Ability to gather, research, compare and analyze complex data and develop logical interpretation and application.
- Responsible for researching and solving loan or task level escalated issues and problems.
- Attention to Detail:
- Attention to detail resulting in accurate, clear, and professionally formatted reports and/or correspondence for both internal and external clients.
- Communication:
- Ability to compose professional correspondence independently for internal or external clients.
- Superior verbal communication skills for client facing interactions.
- Computer Skills:
- Ability to conduct web-based research to find information independently.
- Proficient in Microsoft Office including the basic functionality of Excel, Word and Outlook.
- Customer Service:
- Demonstrated customer service and interpersonal skills required for internal and external clients.
- Independent Contributor:
- Self-motivated with the initiative to research, question, and apply information.
- Performs QC and review of others work.
- Leadership/Supervisory
- Responsible for the formal training of a team.
- Relationships
- Maintains a positive and professional attitude.
- Demonstrates professional maturity, trustworthiness, integrity and dependability.
- Ability to collaborate effectively and work as part of a team
Work Environment:
- Able to work under pressure in a fast moving, deadline driven environment.
- Ability to work after hours, including weekends, as necessary in order to support and fulfill client timeline requirements.
The above statements are intended to describe the general nature and level of work being performed by the employee. They are not intended to be construed as an exhaustive list of all job responsibilities.
Job Type: Full-time
Salary: $60,000.00 to $75,000.00 /year
Job Location:
Required education:
Required experience:
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