Compliance Analyst
IRVING-75039, TX, US
11/05/2018
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Required Skills
Company
Infinity Consulting Solutions, Inc
Experience
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Job Description
JOB DESCRIPTION
Summary/Objective
The Compliance Analyst, under the direction of the Compliance Assistant Vice President, supports multiple Default and Non-Default mortgage servicing departments with compliance related activities including State and Federal regulation research, change management and risk assessment control implementation monitoring , reviews of compliance impacted policies and procedures, Client Directives and Borrower Letter templates to ensure the financial institution is complying with various mortgage-related Federal, State and investor rules.
Additionally, the compliance analyst is responsible for monitoring activities to support ongoing investor and insurer compliance efforts.
Essential Functions
Gather, monitor and review changes in law and regulation affecting various lines of business.
Collaboration with designated business project managers/leaders, Legal and Exam departments to ensure critical compliance requirements are analyzed and gaps remediated.
Review outstanding policies and procedures to ensure compliance with various state and federal laws, regulations and directives, and recommend changes or improvements to policies and procedures
Ongoing review/audit of compliance-impacting documents, letters, and customer correspondence to ensure accuracy and compliance with required statutes; Including statements, breach letters, as-hoc correspondence, bulletins, client directives and any impacted correspondence samples.
Provide guidance or training (as needed) to operations in interpreting new or revised laws and regulations for effective monitoring of business control implementation.
Work directly with Exam/QC departments to support remediation efforts.
Update and maintenance of assignments into the compliance management system, including the design of action plans and milestones for timely completion. Weekly report of project status to management.
Competencies/Skills
Ability to read and interpret regulations, guidelines and rules
Outstanding attention to detail
Proven track of delivering with timeliness, thoroughness and follow-through
Strong character, Team player, flexibility and willingness to learn and improve
This is a full-time position. Days and hours of work are Monday through Friday, 8:00 a.m.
to 5:00 p.m.
Education and Experience
College coursework or equivalent work experience. .
At least three years of industry-specific experience.
Strong project management, presentation design, and process mapping skills are a plus.
Knowledge of mortgage servicing general operations
Direct experience in Regulatory Compliance, agency and state examinations, and/or Quality
Control functions
Excellent working knowledge with Microsoft Office (Excel, Word, PowerPoint) Visio, and
mortgage servicing workstations.
Compliance Analyst
Compliance & regulatory
No Preference
FullTime Job
Other
1
Candidate Requirements
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Walkin Information
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Recruiter Details
Doug Klares
1350 Broadway, Suite 2205,
NEW YORK-10018, NY,
US
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