Newrez LLC · 3 days ago
Compliance Analyst- Originations
Fort Washington, PA
Full-time
Onsite
Entry, Mid Level
2+ years exp
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Responsibilities
Support all aspects of the Company’s compliance initiatives, including assisting in the development of policies, procedures, test plans, reports, and technology requirements, to comply with the company’s compliance various requirements, including Real Estate Settlement Procedures Act (RESPA), Truth in Lending Act (TILA), Equal Credit Opportunity Act (ECOA), Fair Credit Reporting Act (FCRA), Gramm-Leach-Bliley Act (GLBA), Home Mortgage Disclosure Act (HMDA), Security and Freedom Enhancement Act (SAFE Act), and any applicable state specific consumer protection and lending laws.
Assist in the preparation and execution of the Company’s compliance risk assessments and development of compliance test plans.
Support the Company’s various lines of business by addressing day-to-day compliance matters, including but not limited to answering routine to non-standard questions, identifying, and/or resolving issues, and when applicable, escalating key issues to management.
Provide compliance support and oversight for the Company’s new product and program launches.
Assist in the preparation and submission of key compliance reporting requirements, including but not limited to the HMDA Loan/Application Register (LAR), Mortgage Call Report (MCR), and any other routine to non-standard compliance reports, as required by management.
Coordinate and test routine to non-standard updates and/or enhancements to the Company’s technology platforms, including its proprietary systems, reporting software, and third-party compliance integrations (including Compliance Ease, Mavent, and RiskExec).
Participate in all aspects of federal, state, and agency/investor examinations as needed, including completing loan file reviews, preparation of examination responses, and the development of remediation plans and post implementation testing to ensure effectiveness.
Monitor for changes to the federal, state, and local regulatory environment, identify any applicable changes, and assist with the implementation and testing of updated policies, procedures, and technology in connection with updates that affect the Company.
Performs related duties as assigned by management.
Qualification
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Required
High School Diploma or equivalent required.
2-4 years of demonstrated mortgage legal and/or compliance experience required.
6+ years of mortgage lending experience required.
Excellent interpersonal, written, and oral communication skills.
Excellent research and writing skills.
An ability to manage multiple priorities in a fast-paced environment.
Excellent computer skills with proficiency in Microsoft Outlook, Word, PowerPoint, and Excel.
Familiarity with mortgage Loan Originations Systems (LOS), documents and Extensible Markup Language (XML) data.
Knowledge of National Mortgage Licensing System (NMLS) and Federal Housing Administration (FHA) Connection.
All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator.
Employment will be contingent on this requirement.
By applying to this position candidate acknowledges that this is not a remote role and is required to be on-site.
Preferred
Bachelor’s degree is preferred.
Experience with Automated Compliance Systems (such as Mavent, Compliance Ease, etc.) is preferred.
Benefits
Medical, dental, and vision insurance
Health Savings Account with employer contribution
401(k) Retirement plan with employer match
Paid Maternity Leave/Parental Bonding Leave
Pet insurance
Adoption Assistance
Tuition reimbursement
Employee Loan Program
The Newrez Employee Emergency and Disaster Fund is a new program to support our team members
1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice
Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee
Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions
Company
Newrez LLC
Newrez brings a unique combination of mortgage expertise, financial strength, and product innovation capabilities to the lending table.
5001-10000 employees
H1B Sponsorship
Newrez LLC has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (5)
2022 (39)
2021 (2)
2020 (6)
Funding
Current Stage
Late StageLeadership Team
B
Bruce Williams
CEO
Dart Budz
CFO
Recent News
Business Journals
2024-05-08
2024-03-07
Company data provided by crunchbase
