Mortgage Compliance Consultant

Job Description

As a Mortgage Compliance Consultant, you'll be a subject matter expert and provide advice, oversight and guidance related to regulatory compliance risks, control effectiveness, root cause analysis, and issue review and validation. You'll provide leadership and direction in identifying the applicability and impact of regulations on the Bank's Mortgage products, services and lines of businesses. In addition, you'll assist in the review and interpretation of new regulations or changes to existing regulations, including conducting impact assessments.

In this role you'll provide oversight, monitor, test and effectively challenge various regulatory compliance activities. You'll support the Compliance programs, and perform risk and control assessments (RCSA) in line with methodology, scope, and frequency. You’ll also conduct compliance risk assessments (CCRA) in the firm's GRC platform, ensuring accurate ratings and rationale for Inherent Risk (IRR), Quality of Risk Management (QRM) and Residual Risk (RRR).

• Effectively synthesize and communicate compliance information, identify root cause(s) of potential compliance risk, and provide various reports to management.
• Collaborate with stakeholders across the Bank to gain insight into compliance risks associated with various line of business activities, objectives, practices, processes, and the overall control environment.
• Partner with subject matter experts in the lines of business to formulate an integrated and independent view of the business area risks and risk management practices. You will also work with Compliance team members to develop compliance risk management guidance for the lines of business.
• Raise issues and collaborate in the development and implementation of new compliance policies, practices and tools.
• May lead and develop a team: responsible for hiring, coaching, performance management, training and development.

We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances.

If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to  learn more about how we collect, keep, and process your private information, please review Insight Global's Workforce Privacy Policy:

• 6+ years of related experience in Regulatory Compliance (mortgage side), Risk Management, Internal Audit or similar field.
• Advanced knowledge of mortgage origination operations, including sales, disclosures, processing, underwriting, closing/funding, post closing.
• Ability to assess compliance with applicable federal and state statutes (TILA, TRID, RESPA, ECOA, FCRA, HPA, FDPA, etc.), program specific requirements (ARM, DSCR, Interest Only, HELOC/HEL), and regulatory requirements circulated by agencies including FNMA, FHLMC, FHA, VA, USDA, and CFPB.
• Intermediate to Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Intermediate to Advanced experience in Regulatory and Compliance as it related to Mortgage Banking (residential) & retail correspondence.
• Intermediate to advanced understanding of MS Office with specific focus in Excel and PowerPoint.
• Intermediate to Advanced speaking and writing communication skills. Bachelor’s degree in related field preferred but not required.
• Previous leadership experience preferred.
• Certified Regulatory Compliance Manager preferred.