Mortgage Fraud Sr. Analyst

Movement Mortgage

104d • $74,300 - $98,900

About The Position

Join the company defining what it means to be an Impact Lender! Mortgages are what we do, but that doesn't define who we are. In 2008, Movement disrupted the industry with the innovative 6-7-1 mortgage process. In 2023, we pioneered again, helping launch Impact Lending – a new category of lending. Any mortgage lender that commits at least 10% of its profits to helping the neighborhoods it serves is an Impact Lender. At Movement, we are Impact Lenders. We give 40%-50% of our profits to making an impact in our communities. For us, purpose and people have always come before profit. We are seeking a skilled and experienced Senior BSA/AML Mortgage Fraud Analyst to join our team. The ideal candidate will be responsible for identifying, investigating, and preventing fraudulent activities related to mortgage applications and transactions. This role requires a deep understanding of mortgage processes, fraud detection techniques, and regulatory compliance.

Requirements

• 5+ years of mortgage operations or mortgage quality control experience
• Understanding of BSA/AML laws, FinCEN guidelines, and SAR/CTR filing
• Familiarity with FFIEC Examination Manual, USA Patriot Act, KYC, CIP and OFAC regulations
• Detail oriented with high integrity and discretion
• Self-motivated and able to work independently
• Comfortable working under pressure and managing multiple priorities
• Excellent written and verbal communication skills

Nice To Haves

• CAMS or CFE Certification
• Experience with non-bank residential mortgage lending

Responsibilities

• Perform in-depth investigations of both pre-fund and post-close mortgage files to gather findings, identify characteristics indicative of mortgage fraud, and report on any noticeable trends or suspicious activity
• Serve as a subject matter expert on existing mortgage fraud schemes as well as investor, lender, and regulatory guidelines
• Stay well-informed of changes where guidelines and new and emerging mortgage fraud trends are concerned
• Complete Suspicious Activity Reporting (SAR) within required timeframe
• Work with law enforcement officials
• Document casework in the department's case management system
• Prepare executive reporting
• Prepare the annual BSA Risk Assessment
• Coordinate training programs to educate personnel about mortgage fraud and BSA/AML related compliance requirements and ensure annual completion of training
• Escalate mortgage fraud patterns and concentrations to the AML Officer

Benefits

• Medical, Dental, Vision, Life, Disability, Critical Care, Hospitalization, HSA, FSA, DCFSA and QTE
• Retirement plan: 401(k) and Roth
• Paid Time Off: 16 days front loaded, prorated based on the start date month
• 11.5 paid holidays per year
• Employee assistance program
• Excellent career growth opportunity
• Fun, team-focused working environment
• Employee driven community outreach program
• Relocation packages available

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level