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Compliance Testing Specialist

Compliance Testing Specialist

CompanyServbank
LocationPhoenix, AZ, USA
Salary$Not Provided – $Not Provided
TypeFull-Time
DegreesBachelor’s
Experience LevelMid Level

Requirements

  • Must have current working knowledge of the industry’s servicing and origination regulations.
  • Basic knowledge of the organization’s various operating systems including MSP & SIME.
  • Excellent attention to detail, strong written and verbal communication skills, effective organizational abilities, and strong analytical skills.
  • Strong problem-solving and decision-making skills.
  • Ability to independently research relevant compliance, industry and technical matters.
  • Adaptability to changing information, conditions and/or unexpected opportunities.
  • Familiarity with Microsoft Office products. A strong understanding using Microsoft Excel is recommended.
  • Capacity to manage resources, time and organizational skills to meet deadlines, prioritize tasks, follow through on projects, and document results.
  • Strong team player with ability to influence and collaborate with peers and business leaders.
  • BA/BS in Business, Finance, related field preferred or equivalent audit knowledge.
  • Experienced risk/control/compliance professional with at least 3+ years compliance or auditing experience in residential mortgage servicing, originations, or financial services industry.

Responsibilities

  • Maintain legal and regulatory compliance by researching and communicating requirements of CFPB, FDIC, FNMA, FHLMC, FHA, VA, USDA, investor, and federal and state regulatory guidelines and procedures.
  • Conduct data and root cause analysis of issues leading to effective corrective action plans with appropriate escalation.
  • Identify high risk compliance issues and address appropriately.
  • Provide an independent and objective assessment, examination and evaluation on the compliance with regulatory requirements.
  • Ensure that all policies and procedures are implemented and well documented, performing reviews, and identifying compliance issues that call for formal attention.
  • Prepare reports by collecting, analyzing, and summarizing information.
  • Contribute to team efforts by accomplishing related results as needed.
  • Ability to partner with Line of Business leaders for oversight to ensure implementation of corrective action plans.

Preferred Qualifications

    No preferred qualifications provided.