Internal Auditor

Servicing Risk Analyst

Must be local to SLC, UT area

Summary:

This position will provide assurance that Select Portfolio Servicing (SPS) operational units have proper processes, procedures and controls in place by performing internal reviews of the Company. Reviews will also confirm compliance with state and federal laws and regulations, SPS Best Practices, and validate policies and procedures are adhered to.

Duties:

• Develop quality review programs that correspond to business initiatives and direction.
• Make decisions and exercise discretion based on reviews to improve efficiency, effectiveness, accuracy and compliance within respective departments.
• Analyze investor service agreements and detect operational requirements.
• Utilize problem solving, discretions and judgment skills to discover spruce of exceptions, rather than symptomatic manifestations.
• Develop recommendations for process improvements.
• Assure compliance with federal regulations and agencies, investor requirements and internal policies and procedures.
• Review SPS's servicing efforts on individual loans to assess the quality of operations activities.

Requirements:

• Bachelor's degree.
• 2-4 years of internal audit experience required, mortgage servicing experience preferred.
• Understanding of federal regulations (RESPA, FDCPA, FCRA, etc.) and compliance issues of the mortgage industry preferred.
• Excellent negotiation skills.
• Excellent communications and interaction skills (verbal and written).
• Excellent computer skills, including use of all Office applications.
• Intermediate Excel and Access skills.

Principal Outcomes:

Management Action Plans: In order to improve the efficiency and effectiveness of current procedures, it is our responsibility to follow up on the implementation and the subsequent results. Success of our reviews is measured by increased compliance with defined regulations and improved effectiveness and efficiency within functional areas as a result of process change or improvement recommendations.

We are proud to be an EEO/AA employer M/F/D/V. We maintain a drug-free workplace and perform pre-employment substance abuse testing.