Compliance Analyst- Originations (Onsite)

Posted 7 Days Ago
Be an Early Applicant
Coppell, TX
1-3 Years Experience
Financial Services
The Role
The Compliance Analyst reviews and implements compliance requirements related to originating, funding, servicing, and brokering mortgage loans. Responsibilities include supporting compliance initiatives, coordinating updates to policies and technology, providing guidance on loan level questions, assisting in regulatory reporting, and more.
Summary Generated by Built In

Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications.
We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.
 

Primary Function

The Compliance Analyst reviews and implements compliance requirements related to originating, funding, servicing and brokering mortgage loans.

Principal Duties

List of required duties below. Distinguish on-site duties with a *.

  • Support all aspects of the company’s compliance initiatives, including creation and execution of policies and technology requirements in compliance with RESPA, MDIA/TILA, ECOA, FCRA, FACTA, GLB, HMDA and state-specific restrictions on disclosures, fee restrictions and licensing.
  • Coordinate updates to compliance policies and technology (especially H20) to reflect regulatory changes.
  • Provide guidance/consultation on loan level questions, resolving issues and escalating issues to senior management.
  • Provide support for the Privacy, Red Flag and Information Security Policy.
  • Provide support for the Fair Lending Plan and monitoring program.
  • Assist in the preparation of HMDA and BSA reporting.
  • Provide compliance support for new product and program launches.
  • Coordinate enhancements with compliance vendors (including Guardian, Mavent, and QWestSoft).
  • Assist in preparing for and responding to all state and CFPB/FHA/VA/USDA examinations.
  • Perform other duties as assigned by management.

*These essential functions are fundamental to the role, and must be performed on-site, as they cannot physically be performed remotely. In addition, the Company has determined that an in-person presence is important to critical components of our work, including oversight, training, collaboration, and productivity. Items not marked (*) as essential on-site, may still require partial on-site work to perform the role satisfactorily.

Education and Experience Requirements

• Bachelor’s degree; law degree preferred.

• 2-4 years of related experience.

• 2+ years of mortgage banking/lending experience.

• Mortgage legal and/or compliance knowledge.

Knowledge, Skill, and Ability Requirements

• Excellent interpersonal, written and oral communication skills.

• Strong attention to detail.

• Ability to manage multiple priorities simultaneously.

• Excellent computer skills with proficiency in Microsoft Word and Excel.

• Familiarity with mortgage loan originations systems, documents and XML data.

• Excellent research and writing skills.

• Knowledge of National Mortgage Licensing System (NMLS) and FHA Connection.

• Experience with compliance systems (such as Mavent, Compliance Ease, etc.).

#LI-NT1

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

By applying to this position candidate acknowledges that this is not a remote role and is required to be on-site.

Company Perks:
• 15 Paid Time Off (PTO) days and 18 after 1st anniversary!
• 9 Paid Holidays
• Casual Workplace
• Employee Engagement Activities


 Company Benefits:
• Medical (including Health Savings Account & Flexible Savings Account)
• Dental - RX – Vision – Life, Disability Insurance – 401(k) Plan with company match! – Employee Assistance Plan

 Performance-based Incentives
• Pet Insurance

• Advancement Opportunities

Newrez NOW:

• Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more
• 1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice
• Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee

• Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions


Equal Employment Opportunity 
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

CA Privacy Policy

CA Notice at Collection

Top Skills

Excel
Microsoft Word
The Company
HQ: Fort Washington, PA
1,575 Employees
On-site Workplace

What We Do

Newrez LLC (Newrez) is a leading nationwide mortgage lender and servicer. As a lender, Newrez focuses on offering a breadth of industry-leading products, supported by a loan process that blends both human interaction and the benefits of technology into an unparalleled customer experience. Founded in 2008 and licensed to lend in 50 states, Newrez is headquartered in Fort Washington, Pennsylvania and operates multiple lending channels, including Correspondent Lending, Wholesale, Direct-to-Consumer, Retail, and a network of joint venture partners. Newrez’s servicing business consists of its performing loan servicing division, Newrez Servicing, and its special servicing division, Shellpoint Mortgage Servicing. Newrez also has several affiliates that perform various services in the mortgage and real estate industries. These include Avenue 365 Lender Services, LLC, a title agency, and E Street Appraisal Management LLC, an appraisal management company. Newrez is member of the New Residential Investment Corp. family. More information is available at www.newrez.com.


© 2022 Newrez LLC {f/k/a New Penn Financial, LLC}. All Rights Reserved. {Doing business as Newrez Mortgage in the states of Arkansas and Texas}. {Website approval pending with the New York Department of Financial Services.} This communication does not constitute a commitment to lend or the guarantee of a specified interest rate. All loan programs and availability of cash proceeds are subject to credit, underwriting and property approval. Programs, rates, terms and conditions are subject to change without notice. Other restrictions apply. Newrez LLC, 1100 Virginia Drive, Suite 125, Fort Washington, PA 19034. Corp NMLS#: 3013 (www.nmlsconsumeraccess.org). Additional licenses available at www.newrez.com. Equal Housing Opportunity.

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