Governance & Controls - Production Reg Risk Monitoring Analyst I

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.

Need Help?

If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response).

Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

Responsible for independently reviewing and validating Retail and Correspondent residential mortgage loan compliance for adherence to various federal and state regulatory requirements.

Essential Duties And Responsibilities

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

• Perform detailed compliance analysis on Truist Mortgage loans to ensure compliance including but not limited to Equal Credit Opportunity Act (ECOA), Fair Credit Reporting (FCRA), Home Mortgage Disclosure (HMDA), Homeowner's Protection Act (HPA), Flood, Regulation O, Regulation P, Real Estate Settlement Procedures Act (RESPA), SAFE, Title 12, and Truth in Lending (TILA). Ensure that all loan files are documented per regulatory guidelines.
• Clearly document, in an understandable, concise and consistent manner, detailed findings of review performed.
• Develop and maintain a strong understanding of Mortgage Lending products, policies, processes that support regulatory compliance requirements.
• Ability to maintain current awareness and understanding of all regulatory compliance responsibilities of the position.
• Ensure proper safeguarding of confidential and proprietary information of consumers and other protected information under the Company's Information Security Policy.
• Ability to maintain thorough knowledge in rapidly changing regulatory environment.
• Assist with the development and updating of departmental procedures.
• Participate in training relating to the job and any other training programs as required.
  
  
  

Qualifications

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Five years of mortgage banking experience in production quality assurance, quality control, mortgage underwriting or similar experience.
• Two years of residential mortgage regulatory experience.
• Bachelor's degree or equivalent education and related training.
• Must have Proficiency in TRID regulatory compliance, including ability to review and data capture of initial and revised disclosures for timing and tolerance variances.
• Excellent working knowledge of VA, FHA and USDA programs including upfront MI and monthly premiums in relation to post close compliance reviews.
• Ability to read and analyze compliance exceptions identified from third party compliance systems, such as ComplianceEase and Mavent.
• Strong knowledge of state and federal regulations.
• Strong understanding of mortgage documentation and regulatory compliance requirements (e.g. allowable fees, Loan Estimate to Closing Disclosure comparisons, exception tolerances, etc.).
• Exceptional attention to detail to produce high-quality work.
• Ability to multi-task in fast paced environment.
• Ability to work with minimal supervision while completing workload.
• Proficient computer skills (i.e., Microsoft Word, Excel, Outlook, SharePoint etc.).
• 
  Preferred Qualifications:
• Strong knowledge of mortgage loan origination systems and overall mortgage production processes (e.g. origination, processing, underwriting, closing, and government insuring).
  
  
  

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

EEO is the Law Pay Transparency Nondiscrimination Provision E-Verify