Key Responsibilities
- Oversee and manage all NMLS online system matters. Prepare and maintain the Company’s state servicing and lender licenses and corporate filings.
- Perform compliance testing, assessments, and monitoring activities across mortgage operations.
- Conduct detailed reviews and corrections of HMDA data to ensure accuracy and completeness.
- Support and participate in state and federal regulatory examinations and internal and external audits.
- Prepare documentation, responses, and remediation plans related to audits and examinations.
- Maintain various aspects of the Compliance Management System (CMS).
- Coordinate internally with the Finance/Accounting Team to gather necessary financial data and documentation for regulatory reports and license maintenance items.
- Assist with filing regulatory reports such as the Mortgage Call Report (MCR).
- Analyze existing compliance policies, procedures, and controls; recommend enhancements to ensure regulatory compliance.
- Develop, update, and implement compliance policies and procedures in alignment with state and federal regulations.
- Monitor changes in laws, regulations, agency guidelines, and regulatory guidance impacting mortgage lending.
- Support fair lending, consumer protection, and regulatory risk management initiatives.
Qualifications & Skills
- Strong proficiency in managing licensing processes and reporting through the Nationwide Multistate Licensing System & Registry (NMLS).
- Advanced knowledge of residential mortgage compliance laws and regulations, including but not limited to: AML/BSA, CRA, ECOA, GLBA, HMDA, RESPA, SCRA, and TILA.
- High school diploma required, college degree preferred.
- Experience working within a Compliance Management System (CMS).
- 5+ years of experience in regulatory compliance within the mortgage industry required.
- Wholesale/TPO lending experience preferred.
- Experience supporting state and federal examinations and regulatory audits required.
- Hands-on experience with HMDA reporting, testing, and data correction required.
- Experience developing and maintaining compliance policies and procedures required.
- Compliance-related certifications or specialized regulatory training preferred.
Top Skills
What We Do
Equity Prime Mortgage LLC is a licensed mortgage lender whose operations extend across the country (50 states). We provide a variety of mortgage products to assist you with finding solutions to all of your mortgage needs. Mission: We are a resource, and voice, for financial empowerment. Vision: To continue to offer top financial service, communication and assistance to the communities we serve. We are an approved Ginnie Mae, Fannie Mae & Freddie Mac Seller/Servicer. Hablo Español Empowering People More. [email protected] or (877) 255-3554 Information is subject to change without notice. Massachusetts Mortgage Lender License #ML 21116. Licensed by the NJ Department of Banking and Insurance. AZ Banker License #0921685. Licensed by the Mississippi Department of Banking and Consumer Finance. Georgia Residential Mortgage License #23300. Licensed by the Pennsylvania Department of Banking. Equity Prime Mortgage LLC, NMLS #21116. (www.nmlsconsumeraccess.org) All Rights Reserved. Copyright 2020. https://equityprime.com/page/privacy-statement While we do not discriminate against views or opinions posted to our social networking accounts, we reserve the right to remove or not approve any comment. A comment will not be edited or modified to remove unacceptable content; the entire comment will simply be deleted. All submitted comments will be reviewed before posting. Some of the reasons we may remove or not approve a comment are listed below: • Abusive, vulgar, obscene, racist, threatening, or harassing comments. • Libel, slander, or personal attacks of any kind, including the use of offensive terms that target specific individuals or groups. • Spam, including content that promotes products or services or contains gratuitous links. • Makes unsupported accusations or claims. • Comments that suggest or encourage illegal, dangerous, or destructive activity. • Duplicate posts. • Off topic commentary. • Political campaigning or lobbying.
