QC Due Diligence Compliance Analyst
About The Position
As a Quality Control Compliance Analyst, you'll be responsible for auditing the documentation for loans funded and/or purchased by AmeriHome for compliance with Federal, State, County, and/or City regulatory requirements to ensure they meet Federal/State examiner requirements as well as investor quality standards. You'll need to meet various deadlines for Retail Compliance audits, as well as Due Diligence Trade activity. Review the validity of defects cited by third party diligence firms to ensure loans meet investor quality standards. Monitor diligence pipelines to ensure the timely remediation of open defects. Conduct reviews of AmeriHome loans for State and Federal compliance, including but not limited to; TILA, RESPA, TRID, and ECOA. Assure that results provided by investors revealing a pattern of deficiencies are accurately reported to management. Participate in remediation of identified defects with Operations and/or Correspondent Seller. Monitor the progress of implementation of action plans based on Quality Control Findings and results. Communicate any identified defects effectively to internal and external counterparties. Assist other team personnel in interpreting compliance defects cited by external sources and preparing appeals or rebuttals.
Requirements
- 3+ years of related experience in Mortgage Regulatory Compliance, Mortgage Quality Control or similar field.
- High school diploma required.
- Intermediate knowledge of residential mortgage industry in Correspondent or Retail Lending, including sales, operations, capital markets and/or other residential mortgage products and services.
- Intermediate to advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
- Intermediate knowledge of FNMA, FHLMC, FHA, USDA and VA guidelines.
- Intermediate to advanced knowledge of Federal Regulatory guidelines and procedures, including but not limited to TILA, TRID, RESPA, HPA, UDAAP, ECOA, FCRA.
- Advanced speaking and writing communication skills.
Nice To Haves
- Some college or technical training preferred.
- Certified Mortgage Compliance Professional preferred.
- Microsoft Office Specialist (MOS) preferred.
Responsibilities
- Auditing loan documentation for compliance with Federal, State, County, and/or City regulatory requirements.
- Ensuring loans meet Federal/State examiner requirements and investor quality standards.
- Meeting deadlines for Retail Compliance audits and Due Diligence Trade activity.
- Reviewing the validity of defects cited by third-party diligence firms.
- Monitoring diligence pipelines for timely remediation of open defects.
- Conducting reviews of AmeriHome loans for State and Federal compliance (TILA, RESPA, TRID, ECOA).
- Reporting investor deficiencies to management.
- Participating in defect remediation with Operations and/or Correspondent Seller.
- Monitoring the progress of action plans based on Quality Control Findings.
- Communicating identified defects to internal and external counterparties.
- Assisting team personnel in interpreting compliance defects and preparing appeals or rebuttals.
Benefits
- Competitive salaries
- Ownership stake in the company
- Medical and dental insurance
- Time off
- 401k matching program
- Tuition assistance program
- Employee volunteer program
- Wellness program
- Opportunity to bolster business knowledge
- Learning the ins and outs of how successful companies operate and manage their finances
- Invaluable hands-on experience to help grow your career
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
