Mortgage Servicing Compliance Specialist II

Pennymac • Fort Worth, TX

23h • Onsite

About The Position

Pennymac is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. A Mortgage Servicing Compliance Specialist II is responsible for implementing new and updated regulations and investor requirements; assessing the impact to written, automated and manual policies and procedures. This position requires an understanding of mortgage servicing regulations and their practical application.

Requirements

• Possess technical proficiency in regulatory compliance matters and regulations
• Ability to analyze and assess risk based on potential impact to Pennymac for non compliance
• Proficient in Word, Excel and Power Point
• Must be a team player with strong attention to detail and able to work independently
• Proven track record at delivering timely and accurate information in a fast-paced environment
• Excellent critical thinking, problem solving, mathematical skills and sound judgment

Nice To Haves

• Financial Services and, if possible, mortgage industry experience preferred
• Strong business acumen and ability to interface with executive

Responsibilities

• Perform independent inline and post-mortem quality assurance (QA) testing on loan servicing files to ensure compliance with investor, federal, and state regulations (including RESPA and TILA), as well as company policies and procedures.
• Review critical and non-critical data entry to assess accuracy and compliance. Identify, document, and report findings to responsible lines of business.
• Work with the Servicing Compliance Program Manager and Quality Assurance team to identify new or changed regulatory requirements and assess impact
• Review line of business rebuttals and determine final disposition. Verify corrective actions are taken on flagged errors.
• Independently researches, interprets, and analyzes complex federal and state mortgage servicing regulations (e.g., RESPA, TILA, ECOA, FCRA, SCRA, FDCPA, CFPB guidelines, investor guidelines like Fannie Mae, Freddie Mac, FHA, VA)
• Translates regulatory requirements into actionable business processes and procedures
• Perform other related duties as required and assigned
• Demonstrate behaviors which are aligned with the organization’s desired culture and values

Benefits

• Comprehensive Medical, Dental, and Vision
• Paid Time Off Programs including vacation, holidays, illness, and parental leave
• Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
• Retirement benefits, life insurance, 401k match, and tuition reimbursement
• Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships
• bonus opportunities

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed