Mortgage Compliance Analyst

Suncoast Schools Federal Credit Union Tampa , FL 33602

Posted 2 months ago

Duties and Responsibilities

  • Leads the Quality Control, Quality Assurance, Regulatory Compliance and employee training area within the Mortgage Originations Department. Serves as subject matter expert for Mortgage Lending on all compliance-related issues.

  • Reviews laws and regulations that impact Mortgage Lending's compliance requirements, with emphasis on Regulation Z, Regulation B, FCRA, TRID, HMDA, NMLS, and ECOA. Evaluates mortgage lending policies, procedures, products, and programs to ensure compliance with applicable laws and regulations. Recommends, develops, and implements appropriate policy and procedure changes.

  • Develops all departmental training materials specific to each job family.

  • Conducts all job specific training needs for new hires and existing staff, including, but not limited to, on-boarding programs, and development of a training calendar with required courses as directed by the Vice President of Mortgage Originations.

  • Ensures changes in policy or procedure are communicated to impacted staff, business units, or the Credit Union as a whole. Ensures new procedures are properly understood, communicated, and implemented. Works with Vice President to develops compliance materials and associated training programs.

  • Prepares and responds to mortgage loan error reports for HMDA Reporting purposes, among other regulations.

  • Tests updates and new releases of host and loan origination computer software.

  • Maintains knowledge and understanding of current trends, laws, and issues affecting area of expertise. Attends educational events that will increase professional knowledge and be otherwise beneficial to the Credit Union. Completes annual BSA/AML Compliance Training and understands employee's role in maintaining an effective BSA/AML compliance program, and completes FACT Act Red Flag training.

Minimum Education, Experience and Skill Requirements

  • Bachelor's degree in Business Administration, Finance, or a related field. (A comparable combination of work experience and training may be substituted for education requirements.)

  • 5 or more years progressively responsible work experience in the financial services industry, to include experience in Consumer Lending. Previous supervisory experience preferred.

  • Able to prioritize tasks, deal effectively with competing and changing priorities, and meet deadlines. Accurate, detail-oriented, and organized. Able to analyze and resolve difficult problems and situations.

  • Good knowledge and understanding of Credit Union products, services, policies, and procedures pertinent to the job.

  • Good knowledge and understanding of regulatory compliance necessary to successfully perform job responsibilities.

  • Good knowledge and understanding of all Credit Union computer systems and software applications required to perform job duties.

  • Good verbal and written communication skills and interpersonal skills in order to interact professionally and effectively with members, staff, vendors, and government regulators. Able to influence others through explanation of fact, policies, and practices.

  • Works independently with general supervision.

Safe Act Statement

This position requires the employee to register as a mortgage loan originator with the Nationwide Mortgage Licensing System and Registry (NMLS) and obtain a unique identifier from the Registry before engaging in mortgage loan originator activities, to maintain and renew that registration on an annual basis, to update registration information with the Registry on a timely basis, and to provide that unique identifier to consumers as required by applicable SAFE Act regulations and Suncoast Credit Union policies and procedures.

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Compliance Analyst I AML Governance

United Services Automobile Association (Usaa)

Posted 3 days ago

VIEW JOBS 12/4/2021 12:00:00 AM 2022-03-04T00:00 Purpose of Job We are seeking a talented Compliance Analyst I - AML Governance for either our San Antonio, TX, Phoenix, AZ, Charlotte-Concord, NC or Tampa, FL facility. This person may also work remotely in a 100% Remote Work Environment This position is for a Compliance Analyst 1 who is part of the second line of defense, Enterprise AML Compliance for the policy governance team. The successful candidate will have a strong background in AML and sanctions governance. The analyst will be responsible for supporting the team with functions including document management, change management, regulatory change management, new activities reviews, and issue management. The analyst will have and understanding of BSA/AML and Sanctions compliance requirements, skills focusing on strong attention to detail, timeliness, communication, and who know "what good looks like". Provides second-line independent oversight and guidance regarding business products, services, and processes through a compliance framework to ensure they are executed in accordance with regulatory requirements. In partnership with the business and key stakeholders, continuously drives a strong culture of compliance and demonstrates integrity and professional judgment in protecting the interests of USAA and its members. Job Requirements About USAA USAA knows what it means to serve. We facilitate the financial security of millions of U.S. military members and their families. This singular mission requires a dedication to innovative thinking at every level. USAA Careers - World Class Benefits (31 seconds) Primary Responsibilities: * Conducts reviews of laws and regulations for business impact and conveys requirements for awareness and action. * Executes compliance risk management activities in accordance with enterprise compliance standards. * Provides compliance input on business action plans, projects or operational requests. * Gathers information, analyzes data trends, identifies root cause(s), and provides information to the business or project teams. * Ensures documents, projects, processes or product initiatives comply with regulatory requirements and enterprise policy. * Identifies outstanding compliance issues and oversees proper implementation of business requirements. * Participates in compliance risk management activities in accordance with enterprise compliance standards. * Serves as a resource to team members on escalated issues of a routine nature. When you apply for this position, you will be required to answer some initial questions. This will take approximately 5 minutes. Once you begin the questions you will not be able to finish them at a later time and you will not be able to change your responses. Minimum Requirements: * Bachelor's Degree or 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree * 4 or more years relevant work experience in financial services or insurance industry. * Advanced Knowledge of compliance laws, regulations and regulatory expectations. * Advanced knowledge of data analysis tools and techniques with demonstrated ability to evaluate risk and make recommendations. * Demonstrated ability to perform complex analysis and provide insights and recommendations to business and/or compliance partners. * Advanced knowledge of Microsoft Office tools to include Word, Excel and PowerPoint. Preferred Experience: * Ability to multitask and pivot, when necessary, in a fast-paced environment to meet deliverables * Experience with compliance policy/procedure development, implementation, and oversight within financial services * Experience working with compliance tools such as policy management platforms and tools (i.e., MetricStream) * Proven experience working with Senior Management and influencing in a matrix environment * Excellent report-writing skills and attention to detail * Knowledge of requirements applicable to money laundering and sanctions established by the Bank Secrecy Act (BSA), USA PATRIOT Act, AML Act of 2020, OFAC and FinCEN * Certified Anti-Money Laundering Specialist or equivalent designation The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job. Compensation: USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market position. The salary range for this position is: $60,300 - $108,600* (this does not include geographic differential it may be applied based on your work location) Employees may be eligible for pay incentives based on overall corporate and individual performance or at the discretion of the USAA Board of Directors. * Geographical Differential: Geographic pay differential is additional pay provided to eligible employees working in locations where market pay levels are above the national average. Shift premium: will be addressed on an individual-basis for applicable roles that are consistently scheduled for non-core hours. Benefits: At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals. Please click on the link below for more details. USAA Total Rewards Relocation assistance is not available for this position. United Services Automobile Association (Usaa) Tampa FL

Mortgage Compliance Analyst

Suncoast Schools Federal Credit Union