Selene Finance LP · 2 days ago
Sr. Compliance Analyst
Texas, United States
Full-time
Onsite
Senior Level
5+ years exp
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Responsibilities
First point of escalation and support for guidance to managers across Selene Diligence on compliance.
Quality Control oversight of loan review process.
Tracking and reporting the implementation of operational changes to maintain compliance with mortgage laws and investor requirements.
State Compliance Anti Predatory Law familiarity and applicability to the secondary market.
Review, create and maintain company policies and procedures for conducting compliance reviews based on regulatory and client guidelines.
Work with the information technology team to continuously develop company systems in order to ensure regulatory compliance and reporting.
Work with leadership regarding the development and training of the staff as it relates to compliance regulations. Prepares and provides reporting to clients and internal leadership.
Ensure the companies knowledge and compliance on all laws and regulations relating to mortgage compliance activities, including, but not limited to: Lending Regulations: Truth-in-Lending (Regulation Z) Equal Credit Opportunity Act (Regulation B), Real Estate Settlement Procedures Act (RESPA), Flood Insurance Requirements and Home Mortgage Disclosure Act (Regulation C) Other Operational Regulations: Fair Lending (ECOA, FHA), FCRA/FACTA, Fair Debt Collection Act, Privacy of Consumer Financial Information (regulation P), GLBA, and Information Security.
Tracking and reporting changes in the structured finance industry, specifically RMBS’s.
Perform other duties as assigned.
Qualification
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Required
Minimum 5-7 years of mortgage due diligence compliance experience or equivalent is preferred.
Expert knowledge of federal and state mortgage laws, including but not limited to QM/ATR, TRID, RESPA, Reg Z, HOEPA, and HPML required.
Good knowledge of loan products, in particular: Non QM, Business Purpose Loans, Second Lien and Equity products in addition to Seasoned Loan compliance reviews.
Must have strong knowledge of understanding Loan Estimates and Closing Disclosure.
Recent experience with TIL, FNMA 5%, High-Cost Testing, and HUD-1 Fees for NPL.
Expert knowledge with compliance reporting (i.e. Mavent or ComplianceEase) to provide guidance on how to resolve fails.
Expert knowledge with creating policies, procedures and reporting.
Familiarity with capital markets and credit rating agency requirements.
In depth knowledge and understanding of transaction components that indicate a potential for fraud.
Must be self-motivated, creative and able to work in a team environment while thinking independently and sharing knowledge and ideas.
Strong professional and interpersonal communication skills verbally and through written electronic correspondence.
Ability to work well under pressure, handle competing priorities and meet deadlines.
A high level of confidentiality to protect privacy rights.
Excellent listening skills and the ability to use good judgment.
Preferred
Expertise in residential mortgage lending compliance evidenced by a minimum of 5-7 years of mortgage due diligence and/or consumer residential mortgage compliance experience.
Experience directly related to mortgage compliance technology products and services, including knowledge of loan origination systems, residential mortgage loan documents, and the delivery of compliance solutions through technology.
Working knowledge of and experience with mortgage due diligence software.
Previous experience with LauraMac, Mavent and Compliance Ease preferred.
Benefits
Paid Time Off (PTO)
Medical, Dental & Vision
Employee Assistance Program
Flexible Spending Account
Health Savings Account
Paid Holidays
Company paid Life Insurance
Matching 401(k) Plan
Company
Selene Finance LP
Founded in 2007, Selene was created to provide loan resolution strategies for distressed mortgage investment portfolios.
501-1000 employees
H1B Sponsorship
Selene Finance LP 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
2022 (4)
2021 (10)
Funding
Current Stage
Late StageLeadership Team
James N. Vinci
CHIEF TECHNOLOGY OFFICER
Robert L.
Chief Financial Officer
Company data provided by crunchbase
