Compliance Underwriter

TEKsystems • Madison Heights, MI

14d • $49,920 - $64,480 • Remote

About The Position

The Compliance Underwriter is responsible for conducting compliance reviews within the TRID 3.0 and TRID 1.0 scopes to ensure adherence to federal and state regulatory requirements and guidelines. This role involves compliance underwriting, due diligence, portfolio analysis, and various compliance review projects. As a Transactional Employee, you will work on an 'as needed' basis with potential variability in work hours depending on client needs.

Requirements

• Proficient in reviewing TRID loans originated Post 10/3/2015, with the approved 1.0 Scope and/or 3.0 Scope.
• Strong knowledge of TRID Documents.
• Excellent time management and communication skills.
• Ability to work in a fast-paced, metrics-driven environment.
• Strong analytical and problem-solving skills.
• Proficient knowledge of Microsoft Office Suite, including Word, Excel, and PowerPoint.
• High School Diploma or GED required; Associate/Technical Degree preferred.
• 1-3 years of experience in any area of the residential mortgage industry with familiarity with mortgage origination documents.
• Commitment to customer service and satisfaction.
• Ability to prioritize multiple objectives to meet client deadlines and department goals.
• Commitment and ability to cultivate a diverse and inclusive work environment.

Nice To Haves

• Experience in compliance reviews preferred.

Responsibilities

• Review and analyze loan data from mortgage documents, including Mortgage, Note, Right of Rescission, Loan Estimate, Closing Disclosure, Good Faith Estimate, 1003, and appraisal.
• Ensure completeness and accuracy in reviewing Hud-1, Closing Disclosures, Loan Estimates, TIL, and other mortgage disclosures.
• Capture settlement fees for state and federal testing.
• Identify potential issues in the underwriting administrative process and compliance irregularities within the loan file.
• Manage personal workflow to meet daily volume and quality targets.
• Evaluate the disclosure process, ensuring proper delivery, timing, verbiage, and completeness of all State and Federal documentation.

Benefits

• Medical Plans - 2 different plans offered
• Goodpath - available at no cost if enrolled in a Covius medical health plan. Virtual care for pain, stress, sleep, etc.
• Health Savings Account - tax free savings account. Eligible if enrolled in a medical health plan
• Dental - 2 different plans offered
• Vision - one plan offered
• Life and Disability - company paid employee basic life and AD&D insurance. Can purchase supplemental life and/or AD&D coverage
• Supplemental Insurance - can purchase accident, hospital indemnity, and/or critical illness supplement insurance
• Medicare - free online resources for anyone who is Medicare-eligible
• Employee Assistance Program - 24/7 access to life assistance resources at no cost
• 401 (K) Retirement Savings - up to 3% company match, fully vested in company contributions after 1 year

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 5,001-10,000 employees