What are the responsibilities and job description for the Senior Compliance Analyst position at Intercontinental Exchange Holdings, Inc.?
Overview
Job Purpose
The Senior Compliance Analyst is responsible for facilitating the implementation and maintenance of residential mortgage servicing compliance and industry changes across the company’s various software applications and systems, in order to maintain and enhance the compliance integrity of such applications and systems, while supporting and improving quality, accuracy, and uniformity across all residential mortgage servicing products and services offered by the company.
Responsibilities
- Assess and evaluate business level adherence to regulatory requirements, agency guidelines, and GSE guidelines.
- Analyze product development features to identify items that have potential regulatory or agency or GSE guideline impact and monitor to final disposition.
- Perform periodic monitoring and testing to confirm compliance with ICE MT policies and procedures.
- Represent ICE MT as a participant in industry discussions with trade associations related to regulatory changes.
- Evaluate new and proposed servicing regulations and provide recommendations to operationalize external requirements within ICE MT products and services.
- Work with product teams to assess implementation of regulatory and guideline changes and monitor to ensure that ICE MT meets the compliance date.
- Manage the process to capture, monitor, analyze and resolve client-reported system issues that could impact a client’s ability to comply with Federal consumer financial law.
- Determine the appropriate disposition and risk rating for client-identified and internally-identified system issues with regulatory impact.
- Proactively identify and monitor compliance risks within ICE MT products and services.
- Prepare management reporting focusing on critical and high-risk compliance items.
- Present the Compliance Program processes and procedures for client due diligence requests.
- Execute the Compliance Program monitoring and testing processes to identify potential regulatory risks.
- Identify potential regulatory issues affecting ICE MT products and services and draft quarterly regulatory updates for review and distribution.
- Assist with compliance product assessments.
- Review marketing materials and publications for potential regulatory and compliance risks.
- Maintain internal compliance documentation.
- Other responsibilities as assigned by the Director of Compliance.
- Decision making for this position is dependent upon the revision/addition for specific system rules/development or documents. Heavily impacting decisions regarding system changes should come as communications from the Product Manager, Senior Director of Compliance, Product Counsel, or Product Attorneys.
- Occasional travel may be necessary
Knowledge and Experience
- 5 years of professional experience in residential mortgage servicing or residential mortgage servicing compliance
- Experience directly related to mortgage compliance technology products and services, including knowledge of loan servicing systems and residential mortgage loan documents.
- Strong or working knowledge of GSE, agency and investor requirements
- Strong or working knowledge of mortgage servicing regulations including RESPA, TILA, FDCPA, and FCRA
- If requesting telecommuting – experience working in a telecommuting environment required
- Strong knowledge of mortgage business operational processes
- Detailed analytical abilities
- Excellent oral and written communication skills
- Strong computer skills, including Word and Excel
- The person in this position should be articulate, detail-oriented, a collaborator, and team player
- Possess the ability to work under stressful situations when necessary
Intercontinental Exchange, Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to legally protected characteristics.
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