Mortgage Compliance Specialist at Waterstone Mortgage Careers

SUMMARY: Are you a mortgage industry professional who is passionate about ensuring regulatory excellence and helping organizations stay ahead of compliance challenges Were looking for a detail-oriented and proactive Compliance Specialist to join our team! In this role youll play a key part in maintaining our adherence to federal laws and regulations supporting internal audits and guiding our teams through complex compliance matters. If youre ready to bring your expertise to a fast-paced dynamic environment wed love to hear from you!ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Under the direction of Compliance and Legal Umbrella Management:Act as a compliance resource and respond to compliance questions from branch offices other departments investors regulators and others as needed.Assist in execution of Compliance Plan by performing various internal and regulatory compliance reviews.Investigate potential compliance issues and report findings.Research analyze and summarize state and federal laws regulations etc.Prepare and maintain regulatory filings.Perform research and investigation as necessary to assist with the completion of company reports.Assist with audits exams and the preparation and completion of compliance reports and follow up to ensure issues are resolved.Assist with HMDA data review process and enter information through the QuestSoft program.Support Marketing Team and assist with marketing compliance by reviewing marketing materials and providing feedback.Assist with staff compliance training (including content development/refinement) maintain training schedules and track completion.Assess compliance-related policies and procedures and make recommendations.Assist Compliance and Legal Umbrella Management as needed.Administrative duties such as copying scanning preparing mailings etc.ADDITIONAL DUTIES: Complete any additional duties as assigned by management.Complete regulatory and compliance training as required.Assist WMC employees and Departments as needed.QUALIFICATIONS: To perform this job successfully an individual must be able to perform each essential duty satisfactorily. 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.In-depth understanding of federal and state mortgage regulations including but not limited to RESPA TILA ECOA HMDA FCRA and FHA/VA program requirements.Must possess a strong working knowledge of the end-to-end mortgage process from application through closing and post-closing compliance.Proven ability to identify interpret and apply compliance requirements in a dynamic lending environment.Experience collaborating with operations quality control and audit teams to implement and monitor compliance policies and procedures.Experience with Encompass Loan Origination System.Extensive familiarity with regulatory frameworks and with the regulatory environment related to the mortgage lending industry or a related field.Extensive experience working with regulators such as FDIC HUD or similar and/or state regulators.Ability to manage people.Familiarity with existing state and federal laws and regulations and proven ability to learn new state and federal laws and regulations related to the mortgage lending industry.Ability to conduct investigations and interviews using excellent communication skills.Ability to summarize and communicate complex information in written and oral formats.Ability to maintain confidential and/or privileged information.Ability to work individually and within a team.Ability to communicate complex information in plain language.Strong leadership skills.General administrative skills.EDUCATION and/or EXPERIENCE: Bachelors degree or equivalent work experience is required. 5 years work-related experience in the mortgage industry or within a regulatory environment is required.COMPUTER SKILLS: Encompass LOS Mavent Microsoft Office Excel and Adobe skills are required. NMLS QuestSoft and NContracts experience is preferred but not required.Individuals in this position shall not engage in loan origination during the course of his/her employment with WMC. Loan origination is defined as (1) taking a residential mortgage loan application; or (2) offering or negotiating terms of a residential mortgage loan for compensation or gain; (3) advertising or communicating to the public that you can perform loan origination services. Please see the Loan Originator Compensation Policy for more details on the definition of loan origination.Required Experience:IC Key Skills Loan Origination,Sales Experience,Microsoft Office,Financial Services,Customer Service,Organizational skills,Communication skills,Military Experience,Fair Housing Regulations,Inside Sales,Outside Sales,Word Processing Employment Type : Full-Time Department / Functional Area: Compliance Experience: years Vacancy: 1