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Mortgage Compliance Specialist

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CHASE Professionals

2021-12-03 09:01:54

Job location Atlanta, Georgia, United States

Job type: fulltime

Job industry: Banking & Financial Services

Job description

CHASE Professionals is currently representing a mortgage company located in Atlanta, GA that is hiring for a Compliance Specialist to join their organization on a temp to hire basis.

  • Position : Compliance Specialist
  • Duration : temp to hire (they are looking to bring someone on full time)
  • Location : Atlanta, GA

POSITION SUMMARY:
This position is responsible for ensuring compliance with applicable federal and state regulations, mitigate potential liabilities and help avoid penalties, sanctions or other legal action. Additional responsibilities include assisting with implementation and on-going management of the mortgage compliance and quality control programs. This includes but is not limited to partnering with peers regarding rules and standards and regulatory compliance audit reporting required for core process areas of mortgage lending. Other duties as assigned or needed.

MAJOR RESPONSIBILITIES/JOB DUTIES:

  • Assist with the training of newly hired loan originators and monitor their initial compliance documents prior to submission to consumers until they are released from the initial compliance program. Document all findings for management review
  • Audit a random sampling of loans for adherence to federal and state regulations and provide management with timely, meaningful information regarding quality and compliance. Document all findings for management review
  • Assist mortgage personnel with inquiries regarding compliance related matters
  • Assist with the review and interpretation of all new compliance regulations from federal and state regulators as well as from investors to ensure ongoing adherence to regulatory requirements
  • Create and copy training materials for ongoing compliance training for various positions within the mortgage division and publish a weekly communication on compliance matters
  • Assist with the writing of policies and procedures and provide recommendations for improvement where needed
  • Review of marketing materials, collateral, training, company updates, etc. for compliance with state and federal regulation
  • Respond to internal and external inquiries related to compliance
  • Review all mortgage loans subject to flood insurance for adherence to FEMA, FDIC and Company policies and procedures
  • Assist with the approval of appraisers and attorneys
  • Assist post-closing with the review of closed loans for adherence to RESPA and TILA / TRID compliance requirements
  • Assist with HMDA functions as needed to include all matters regarding accurate HMDA reporting, aged pipeline reports, HMDA scrub and withdrawn/declined loan tracking

Job Type: Full-time

Experience:

  • Mortgage Compliance: 1 year (Required)

Education:

  • High school or equivalent (Required)

Location:

  • Atlanta, GA (Required)

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