Mortgage Compliance Senior- Remote

Company: Creative Financial Staffing
Location: Austin
Posted on: April 10, 2021

Job Description:

REMOTE Senior Mortgage Compliance AnalystMy client is a high growth and well-respected credit union in the San Antonio area. CFS has partnered with this organization for over 10 other placements and can attest to the wonderful culture and opportunities within the company. The opportunity is available because of growth. You will be joining this group essentially on the ground floor of the growing new department. The sky is the limit!!! This position will provide you with the career growth you desire in an environment with flexible working hours, work-life balance (no overtime, evenings, or weekends), & no travel. This is a highly visible role as the position directly reports to the AVP of Mortgage Compliance.ABOUT THE COMPANY:My client is ranked among the top 15 of nearly 7,700 financial cooperatives, and is one of the strongest credit unions in the country with more than 650,000 members and total assets exceeding $10 billion.My client consistently receives the highest ratings of 'Five Star' and 'Superior' from two respected organizations that rate financial institutions in the United States and has been consistently recognized as one of the best workplaces in San Antonio, Austin, the state of Texas and the country.My client also has a comprehensive benefits package, including:

• 401(k) with matching incentives up to 10 percent (200% up to 4% & 100% at 5% & 6%)
• 22 days of PTO+ Paid Holidays
• Competitive compensation, SIGN ON BONUS, annual reviews, & annual bonus that has been paid out for the last 30+ years
• Growth opportunities within the department as well as the organization as a whole
• Medical, dental and vision from Day One of employment
• Wellness program
• Life insurance
• Pharmacy discount programs
• Flexible spending/dependent care account options
• Tuition reimbursement
• WORK REMOTELY WITHIN THE STATE OF TEXASWHAT WILL THE SENIOR MORTGAGE COMPLIANCE ANALYST DO?The role will be responsible for assisting the credit union to manage compliance risk by conducting compliance testing and reviews as well as risk assessments to be certain the organization is in adherence to policy, procedure & federal and state regulations.
  • Work with the team as well as leadership to strengthen first line of defense within the Mortgage department-Business Units
  • Review and re-underwrite a representative sample of credit decisions in order to assess compliance with lending policy and procedures
  • Review mortgage early payment defaults, first payment defaults, and charge offs in order to assess underlying factors contributing to poor performance
  • Review and re-underwrite a representative sample of credit decisions made as exceptions to approved standards (credit or pricing) to assess compliance with approval processes
  • File reviews will include an assessment as to the adequacy of required documentation including approval documentation, promissory note, lien perfection, and disclosure requirements
  • Escalates areas of concern to the AVP Mortgage Compliance/QC for further review and possible further escalation
  • Assist with scrubbing of required HMDA data to insure is error free prior to annual filing deadline
  • Assist with analysis of fair lending datasets
  • Assist with building ad-hoc management reports as requiredWHAT WE NEED IN A SENIOR MORTGAGE COMPLIANCE ANALYST:
    • 5+ years experience in mortgage or audit related field
      • Bachelors degree preferred
      • Some college completed or associates degree
      • Must have experience;
        • Conducting mortgage regulatory compliance testing/reviews
        • Conducting mortgage regulatory compliance risk assessments, scrubbing and analyzing data
        • Working knowledge of;
          • entire mortgage process from start to finish - origination, processing, underwriting, closing, loan structure, understanding of all documentation/disclosure and credit requirements.
          • federal & state residential mortgage compliance regulations
          • underwriting, loan structure, documentation, and origination
          • HMDA, Conventional Lending/Fannie Mae, TRID (TILA-RESPA), ATR/QM knowledge is a must
          • online work management software: Workfront
          • LOS System experience- Ellie Mae/Encompass
          • Basic understanding of secondary market requirements & policies
          • Strong working knowledge of excel and other systems related to mortgage lending
            • preferred: Questsoft, Quantivate & Lending Patterns
            • Preffered certifications: NAFCU, NCCO or similarContact for more info!

Keywords: Creative Financial Staffing, Austin , Mortgage Compliance Senior- Remote, Other , Austin, Texas