TE Compliance Underwriter II

Covius

86d • $24 - $30

About The Position

It's fun to work in a company where people truly BELIEVE in what they're doing! We're committed to bringing passion and customer focus to the business. The Compliance Underwriter is responsible for performing compliance reviews within the TRID 3.0 and TRID 1.0 scopes to ensure federal and state regulatory requirement and guidelines are met. Responsible for compliance underwriting, due diligence, portfolio analysis, and compliance review projects. This position is classified as a Transactional Employee (TE). Transactional Employees are assigned to work on an “as needed” or project basis. The variable nature of the transactional role cannot guarantee a 40-hour work week. Transactional employees are typically designated to work on a deal or a particular client assignment. At times, work may be reduced, and there may be occasional periods of no work. Efforts will be made to assign work, but work is entirely dependent on client needs.

Requirements

• HS Diploma/GED required.
• Associate/Technical Degree Preferred.
• 1+ years in any area of the residential mortgage industry with familiarity of mortgage origination documents.
• 1 year experience in mortgages required.
• 1+ year of compliance reviews preferred.

Nice To Haves

• Proficient in reviewing TRID loans originated Post 10/3/2015, with the approved 1.0 Scope and/or 3.0 Scope.
• Preferred knowledge of TRID Documents.
• Strong commitment to customer service and satisfaction.
• Excellent time management skills.
• Excellent verbal and written communication skills.
• Ability to work in a fast-paced, metrics driven environment.
• Strong analytical and problem-solving skills.
• Ability to prioritize multiple objectives to meet client deadlines and department goals.
• Proficient knowledge of Microsoft Office Suite, including Word, Excel, and PowerPoint.
• Commitment and ability to cultivate a diverse and inclusive work environment.

Responsibilities

• Review and capturing loan data from mortgage documents including but not limited to Mortgage, Note, Right of Rescission, Loan Estimate, Closing Disclosure, Good Faith Estimate, 1003, appraisal, etc.
• Review Hud-1, Closing Disclosures, Loan Estimates, TIL and other mortgage disclosures for completeness and accuracy.
• Analyzing and capturing settlement fees for state and federal testing.
• Identifying potential problems within the underwriting administrative process and identifying compliance irregularities within the loan file.
• Manage individual workflow to ensure daily volume and quality goals are met.
• Evaluating the disclosure process including but not limited to the delivery, timing, required verbiage, execution and completeness of all State and Federal documentation.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• 401k

What This Job Offers

• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 501-1,000 employees