Job Title: Mortgage Compliance Specialist

Overview: We are currently seeking a detail-oriented and knowledgeable Mortgage Compliance Specialist to join our team. The ideal candidate will be responsible for ensuring that our mortgage operations adhere to all relevant laws, regulations, and industry standards. This role involves monitoring and implementing compliance measures, conducting audits, and collaborating with various teams to maintain a high level of regulatory adherence.

Responsibilities:

1. Regulatory Compliance:

   • Stay informed about changes in mortgage-related laws, regulations, and compliance standards.
   • Ensure all mortgage activities comply with federal, state, and local regulations.

2. Policy Development and Implementation:

   • Develop and update mortgage compliance policies and procedures.
   • Implement and communicate changes to ensure company-wide understanding and adherence.

3. Audit and Monitoring:

   • Conduct regular internal audits to assess compliance with established policies.
   • Collaborate with external auditors and regulators during compliance reviews.

4. Documentation and Recordkeeping:

   • Maintain accurate and comprehensive records of compliance-related activities.
   • Prepare and submit required reports to regulatory bodies in a timely manner.

5. Training and Education:

   • Provide training sessions to employees on mortgage compliance matters.
   • Keep staff informed about changes in regulations and industry best practices.

6. Risk Assessment:

   • Evaluate potential risks associated with mortgage operations and recommend mitigation strategies.
   • Work with other departments to implement risk management measures.

7. Collaboration:

   • Collaborate with legal, operations, and risk management teams to address compliance issues.
   • Act as a liaison between the company and regulatory agencies.

Qualifications:

1. Proven experience as a Mortgage Compliance Specialist
2. In-depth knowledge of mortgage laws, regulations, and industry best practices.
3. Strong analytical and problem-solving skills.
4. Excellent communication and interpersonal skills.
5. Detail-oriented with a high level of accuracy in work.
6. Ability to work independently and collaboratively within a team.