Sr. Compliance Analyst - Originations Compliance QC
Exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and effective communications. We empower our employees by recognizing superior performance and innovative solutions, 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 developing and implementing policies and procedures to comply with 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 applicable consumer protection and lending laws, including RESPA, TILA, ECOA, FCRA, GLBA, HMDA, the SAFE Act, and any applicable state-specific 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 answering routine to complex questions, identifying and resolving issues, and escalating key issues to management when applicable.
- Provide compliance support and oversight for the Company's new product and program launches.
- Lead the preparation and submission of key compliance reporting requirements, including HMDA LAR, MCR, and other routine to complex reports as required by management.
- Coordinate and test routine to complex updates and enhancements to the Company's technology platforms, including proprietary systems, reporting software, and third-party compliance integrations (including ComplianceEase, Mavent, and RiskExec).
- Participate in federal, state, and agency / examiner examinations as needed, including loan file reviews, preparation of examination responses, and leading remediation plans and post-implementation testing to ensure effectiveness.
- Monitor regulatory changes and assist with the implementation and testing of updated policies, procedures, and technology.
- Mentor junior staff members.
- Performs related duties as assigned by management.
Qualifications and Education Requirements
High school diploma or equivalent required.Bachelor's degree 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.Strong research and writing skills.Ability to manage multiple priorities in a fast-paced environment.Proficient in Microsoft Outlook, Word, PowerPoint, and Excel.Familiarity with mortgage LOS, documents, and XML data.Knowledge of NMLS and FHA Connection.Experience with automated compliance systems (e.g., Mavent, ComplianceEase) is preferred.Additional Information
Management reserves the right to modify, add, or remove duties as necessary.All employees are required to have smartphones meeting company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment is contingent on this requirement.This position is on-site and not remote.Company Benefits
Medical, dental, and vision insuranceHealth Savings Account with employer contribution401(k) retirement plan with employer matchPaid maternity and parental bonding leavePet insuranceAdoption assistanceTuition reimbursementEmployee loan programNewrez Employee Emergency and Disaster FundNewrez NOW
Corporate Social Responsibility program with volunteering, philanthropy, and nonprofit grants1 Volunteer Time Off (VTO) dayEmployee matching gifts up to $1,000 per employeeNewrez Grants Program to support volunteering or donationsEqual Employment Opportunity
We're proud to be an equal opportunity employer and celebrate 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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