Compliance Testing Specialist
| Company | Servbank |
|---|---|
| Location | Montgomery, IL, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Mid 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.