Digital Risk is seeking individuals who have post-closing TRID and NPL compliance experience to work with a team of client service professionals in providing leading risk mitigation services to originators, issuers, investment banks, investors and portfolio manager. Services include, but are not limited to, the areas of Quality Assurance, Due Diligence, Portfolio Management, Asset Recovery and Servicing Surveillance. Responsibilities include understanding and delivering upon client expectations. Successful candidates will be driven, goal oriented team players. This position will support a team of Auditing Professionals in providing leading risk mitigation services to clients.
Job DescriptionJob description:
Essential Job Functions:
- Data entry
- Run Compliance Ease auditing system
- Review and assess Loan Estimates • Review and assess Closing Disclosures
- Review and verify TIL for compliance
- Review and verify HUD-1 for allowable fees
- Understand review and verify all ECOA requirements for compliance • Regular attendance and punctuality
Requirements:
· Must be familiar with New TRID requirements
· Understanding of Loan Estimate and Closing Disclosure
· Experience with TIL, FNMA 5%, High Cost Testing, and HUD-1 Fees for NPL
· In depth knowledge of standard document verification practices and procedures
· Work well within timeframes and team commitments
· Strong PC and technical skills required
· Goal driven, team player
· Strong work ethic and flexibility in a fast paced environment
· Processing experience a plus
· Strong problem solving and troubleshooting skills
Job Environment:
- Fast-paced daily work output
- Possible long hours/overtime
Required skills:
- The ability to work under stressful situations
- The ability to establish priorities quickly as circumstances dictate
- Ability to manage large caseloads with tight deadlines
- Work with direct supervision
- High school or equivalent (Required)
All your information will be kept confidential according to EEO guidelines.
Skills Required
- High school diploma or equivalent
- Post-closing TRID compliance experience
- NPL compliance experience
- Familiarity with current TRID requirements
- Understanding of Loan Estimates and Closing Disclosures
- Experience with TIL, FNMA 5%, High Cost Testing, and HUD-1 fees for NPL
- In-depth knowledge of standard document verification practices and procedures
- Strong PC and technical skills
- Strong problem-solving and troubleshooting skills
- Ability to work within timeframes and team commitments
- Goal-driven, team-oriented work style
- Strong work ethic and flexibility in a fast-paced environment
- Ability to work under stressful situations
- Ability to establish priorities quickly
- Ability to manage large caseloads with tight deadlines
- Processing experience
What We Do
Digital Risk, an Mphasis company, is the largest independent provider of Risk, Compliance and Transaction Management solutions for the complex and dynamic financial services market. The individual talents of our thousands of analysts are amplified by the company’s proprietary technology and advanced analytics performed using the Making Mortgages Safe™ solutions suite. These proprietary platforms are the result of the analysis of over $100 billion in mortgage loans. We provide: • Comprehensive platform servicing the entire mortgage life cycle • Best in class patent-pending analytics and business rule and workflow technology • Market leading size and scale • One-stop risk management platform with open architecture and plug-and-play toolset • Platform flexibility facilitating horizontal and vertical expansion • State-of-the-art paperless document management system
