Origination Compliance Analyst
Responsibilities
Assist in the development and maintenance of the firm's compliance implementation and risk assessment programs to ensure the firm is in compliance with applicable laws, regulations and agency guidelines related to mortgage origination
Recommend, develop and implement changes to existing and proposed procedures, policies and programs
Assist in the revision, reparation and dissemination of new and updated compliance standards and procedures
Keep abreast of regulatory and legal developments governing mortgage origination
Provide advice, guidance and insight to Origination Senior Management and staff personnel on emerging compliance issues and consults and guides the firm in establishment of controls to mitigate risk
Provide assistance to various departments in the formulation of forms and disclosure documents for compliance with all laws, regulations, investor programs and internal policies and procedures
Identify, communicate and help develop compliance education programs and provide compliance training
Draft summaries of legislative changes and help publish compliance bulletins
Assist the origination support units in the design and implementation of any legislative or regulatory changes
Develop training, test plans or reporting as necessary to ensure an understanding of new regulations or legislation
Help draft effective compliance policies and procedures; ensure Compliance Policy and Procedures manuals are current
Assist in completing annual compliance test plans and maintenance of compliance risk assessments
Understand federal regulatory compliance statutes, regulations, state laws and their impact on existing origination or servicing policy and business practices
Assess and rank compliance risk relative to all federal compliance regulations and state laws, taking into account the potential civil penalties, reputational risk, regulatory risk, scope, controls and potential for non-compliance
Complete periodic assessment reviews and transactional testing of business processes with federal and state regulatory compliance impact
Execute special projects as required
Requirements
Bachelor's Degree in Finance or Accounting required
3+ years of Mortgage Banking, Regulatory Compliance or Auditing experience
Highly motivated, self directed, proactive, self-disciplined and team-oriented
Ability to work independently and under pressure in a fast-paced and dynamic environment handling multiple competing tasks simultaneously to closure
Excellent oral and written communication and interpersonal skills, strong work ethic, and critical thinking skills
Proficient in Microsoft Applications including Excel, Word and PowerPoint
Demonstrated ability to cope with a rapidly changing regulatory environment on a federal and state level
All your information will be kept confidential according to EEO guidelines.
Origination Analyst • Cherry Hill, NJ, United States