Mortgage Risk Analyst II, Full-Time, Hybrid MA

Job Category : Mortgages

Locations : Marlborough, MA 01752, USA

Description

Schedule : Monday - Friday 8a-5p

What You’ll Do

The Mortgage Risk Analyst II is responsible for managing and analyzing HMDA and fair lending data.

Essential Functions

• Support the Mortgage Department to develop and maintain an optimized and efficient program for the validation and submission of HMDA data.
• Perform ad hoc quality assurance testing to ensure internal policies and procedures are adhered to within the mortgage lending process.
• Track and report the results of testing, providing both technical and functional suggestions to enhance the member experience through the lending process and create efficiencies for mortgage lending personnel.
• Work with the Mortgage Risk and Compliance Departments to revise and implement existing and future regulatory needs throughout the mortgage lending areas.
• Work with Mortgage Department leadership on internal and external audits examinations, assisting in the resolution of any outstanding issues.
• Responsible for maintaining a mortgage lending compliance program in various areas, such as Fair Lending, HMDA and TRID.
• Responsible for ensuring the communication and execution of secondary market requirements are met.
• Create plans and execute the validation of HMDA data and Fair Lending side-by-side analysis.
• Assist in the design and implementation of projects and activities to further the growth of mortgage lending at DCU.
• Collaborate with other business areas for the collection and submission of HMDA data.
• Develop analytical methods and models that assess the credit risk of new and existing financial and mortgage products.
• Provide innovative, detailed, and practical solutions to an extensive range of demanding and complicated problems.
• Ensure Fair Lending compliance efforts are risk-based and appropriate for the size and complexity of DCU’s mortgage lending program.
• Complete annual Fair Lending procedure reviews, training, testing, and monitoring activities.
• Make recommendations for changes to procedures and documentation.
• Create and maintain gap analysis detail reporting.
• Manage large data sets, troubleshoot, develop efficient processes for collecting and aggregating data.
• Communicate effectively with team members and Mortgage Department leadership.
• Identify issues and escalate as needed.
• Perform other job-related duties as assigned.

What You’ll Need

Education and Experience Requirements :

Additional Eligibility Requirements :

DCU is an equal-opportunity employer, and we value diversity, inclusion, and equity at our company. We evaluate qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

If you’re applying for a job and need a reasonable accommodation for any part of the employment process, please send an email to career@dcu.org and let us know the nature of your request and contact information.

Excepted Pay Range : $78,900 - $88,800

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities

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