Job: Compliance Analyst - MTR

Jobing Description

Job Description - Compliance Analyst - MTR (002797)

Job Description

Compliance Analyst - MTR-002797

Description

PURPOSE: The Monitoring, Testing and Reporting (MTR) team Compliance Analyst mitigates risk and ascertains compliance with requirements for federal and state laws through compliance loan review and compliance assessments. The compliance assessment approach is to assess and measure risk for each LoB by identifying issues and patterns, evaluating the completeness, accuracy, and validity of compliance documentation, processes, controls, and data accuracy relied upon throughout loan servicing. MTR conducts standard monthly statistical and stratified loan level reviews and risk-based/targeted loan level reviews to assess the quality of the LoB s compliance risk controls throughout loan servicing.

ESSENTIAL ACCOUNTABILITIES:

* Perform compliance loan level reviews and/or compliance assessments on mortgage servicing activity
* Enter results of findings into testing tracking system or complete assessment worksheets and reports
* Identify and escalate issues and trends to management
* Meet and/or exceed review quality and production standards
* Receive and evaluate feedback on findings from business channels; track business channel responses and where necessary incorporate business responses into review procedures
* Assist in monitoring new and revised laws applicable to MTR for inclusion into the test program
* Assist in ensuring sampling strategies are accurate, executed appropriately and are reflective of compliance risk
* Collaborate with Compliance Managers and IT in the ongoing development of exception reporting and other business compliance reports
* Collaborate with LoBs, Legal and Global Compliance partners to resolve identified issues

Qualifications

POSITION REQUIREMENTS:

Education:
Minimum
Bachelors Degree in business-related field or equivalent experience

Professional Experience:
Minimum
Minimum six years mortgage servicing operations and /or servicing compliance or legal experience

Technical Skills:
Knowledge of mortgage banking laws and regulations
technically savvy and computer proficient (MS Word products and Business Objects reporting)
Personal Competencies:
Excellent oral and written communication skills
Ability to work well with others
Ability to prioritize workload and balance multiple duties
Possess independent analytical skills and attention to detail

Job
Compliance

Primary Location
United States-Texas-DALLAS

Other Locations
United States-Pennsylvania-FORT WASHINGTON, United States-Iowa-WATERLOO

Organization
Compliance - 1001880001

Schedule
Full-time

Job Posting
Sep 2, 2011