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USA Mortgage · 18 hours ago

Compliance Specialist

Creve Coeur, MO

Full-time

Hybrid

Entry Level

$50K/yr - $55K/yr

1+ years exp

USA Mortgage is a company focused on residential mortgage services, and they are seeking a Compliance Specialist to ensure adherence to regulatory requirements. The role involves monitoring compliance with HMDA and ECOA, communicating with consumers regarding their loan applications, and assisting with vendor management oversight.

Financial Services

Comp. & Benefits

Responsibilities

Keep abreast of industry regulatory requirements in order to identify and implement the best practices in compliance with HMDA and ECOA and changing mortgage regulations

Communicate and confirm with consumers the final disposition of the consumers loan application in conformity with ECOA, HMDA, and all other applicable regulations. Issue required notices for adverse action and notice of incomplete applications, in accordance with ECOA

Monitor and track loan level data to ensure that all pieces of required HMDA data are present. Responsible for confirming that borrowers have requested their application be withdrawn

Assist with administration of Company’s vender management oversight program

Any other compliance related ad-hoc assignments as required for Company, agency and regulatory compliance

Qualification

Regulatory compliance knowledgeResidential mortgage experienceEncompass Database softwareAnalytical skillsPlanningExecutionVerbal communicationWritten communicationOrganizational skillsPositive attitudeWork ethic

Required

Broad understanding of residential mortgage loans and familiarity with mortgage loan products

Knowledge and understanding of regulatory requirements applicable to mortgage lending and other mortgage related laws and regulations

Excellent verbal and written skills

Strong analytical and organizational skills

Ability to interpret rules, regulations and guidelines and apply the interpretation to business processes

Positive attitude, planning and execution, strong work ethic

AA or equivalent from two-year college or technical school, or equivalent combination of education and experience

One-year residential mortgage experience, knowledge of DAS and relevant regulatory guidelines

Knowledge of Encompass Database software

Microsoft Office Suite

High attention to detail, analytical, and strong communication skills amidst a fast-changing environment

Preferred

BS degree preferred

Company

USA Mortgage

We are the Home of Possibility and your key to mortgage, home finance and real estate content! At USA Mortgage, a subsidiary of DAS Acquisition Company, LLC., our mission remains the unrelenting pursuit of perfection.

Founded in 2001

Saint Louis, Missouri, US

501-1000 employees