Silverton Mortgage
Position Title:
Senior Compliance Specialist Location/Branch:
Corporate Reports to:
Compliance Manager Department:
Compliance Office presence:
Remote 100% FLSA Status:
Full Time, Salary, Exempt Senior Mortgage Compliance Specialist Work Style: Remote Pay: The expected hiring range for this position is from
$70,000 - $80,000
year plus additional bonus opportunity. The stated hiring range is based on experience, qualifications, and other relevant factors. Final compensation decisions will take into account a variety of considerations, including individual skills, internal equity, and organizational needs. Job Summary
The Senior Compliance Specialist evaluates policies, procedures, and practices to ensure compliance with all state and federal rules and regulations across the Company at all locations. This role plays a key part in protecting the Company from legal risks and ensures ethical business practices. Compliance Management
Monitors and interprets federal, state, and local regulations related to mortgage lending to ensure compliance with all legal requirements. Collaborates with management and departments to ensure the business is complying with all state and federal laws and regulations, including but not limited to TILA, RESPA, ECOA, CFPB, HUD, AML/BSA and SAR reporting requirements. Ensures adequate policies and procedures exist regarding compliance laws. Recommends improvement/development of processes, procedures and training. Monitors and assists with implementation of compliance improvements. RESPA, HMDA and TRID compliance monitoring and reporting including branch quality control/compliance reviews. Partner with leadership to assess and manage risks associated with non-compliance; provide solutions to mitigate potential issues before they arise. Monitors vendor management compliance; may participate in non-routine issues and inquiries. Monitors Social Media Platforms daily. Audits & Reporting
Conducts regular audits and reviews of operations to identify and address any identified compliance issues. Participates in regulatory audit exams including coordinating materials, responses to audit requests and findings. Completes annual and quarterly MCR and HMDA reporting and other state specific reporting. Investigates, researches and reports all suspicious activity, red flags, and AML escalated to the Compliance Department. Prepares and submits reports to internal audit, Corporate legal, and/or regulatory bodies as required, documenting Company’s compliance efforts. Research & Development
Develops policies and procedures to ensure compliance with regulatory standards; partners with leadership to implement. Partners with systems implementation teams to assist in constructing tests of controls, evaluating outcomes, and analyzing the resulting issues. Serves as Compliance Helpdesk for all compliance inquiries including loan level TRID, RESPA, and Re-Disclosures questions, as well as state and federal disclosure questions. Assists in the development and implementation of sales and operations compliance training. Handle complaint resolutions to include research, root cause analysis, and response within required deadlines. Reviews and processes file cancellations as requested by Sales and/or underwriting within specified timeframes and SLAs. Requirements And Qualifications
Please list the minimum requirements (i.e., level of education and years of related experience) needed to perform competently in this position. Education:
Bachelor’s degree or equivalent experience required. Years of Related Experience:
5 years of mortgage Compliance experience required. Licenses/Certifications
(leave Blank If Not Applicable) Knowledge, Skills and Abilities (KSAs): In-depth knowledge RESPA, TILA, TRID, HMDA and Fair Lending. Strategic and investigative researcher. Excellent written and verbal communication skills along with solid computer skills. Analytical thinker and consultative mind to support both team members and managers in all areas of the business. Goal-oriented, self-motivated with the capacity to meet and exceed assigned goals. Willingness to learn, industrious, determined, and assertive. Excellent organizational skills and the ability to multitask to complete a wide variety of tasks. Strong people skills with ability to interact with all internal teams and external customers. Must be able to maintain sensitive and confidential information. Diligence to ensure tasks are completed thoroughly and on time. Silverton Mortgage is committed to creating an inclusive workplace. Silverton Mortgage is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. Business Unit -
Silverton Mortgage Seniority level
Mid-Senior level Employment type
Full-time Job function
Finance and Sales
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Senior Compliance Specialist Location/Branch:
Corporate Reports to:
Compliance Manager Department:
Compliance Office presence:
Remote 100% FLSA Status:
Full Time, Salary, Exempt Senior Mortgage Compliance Specialist Work Style: Remote Pay: The expected hiring range for this position is from
$70,000 - $80,000
year plus additional bonus opportunity. The stated hiring range is based on experience, qualifications, and other relevant factors. Final compensation decisions will take into account a variety of considerations, including individual skills, internal equity, and organizational needs. Job Summary
The Senior Compliance Specialist evaluates policies, procedures, and practices to ensure compliance with all state and federal rules and regulations across the Company at all locations. This role plays a key part in protecting the Company from legal risks and ensures ethical business practices. Compliance Management
Monitors and interprets federal, state, and local regulations related to mortgage lending to ensure compliance with all legal requirements. Collaborates with management and departments to ensure the business is complying with all state and federal laws and regulations, including but not limited to TILA, RESPA, ECOA, CFPB, HUD, AML/BSA and SAR reporting requirements. Ensures adequate policies and procedures exist regarding compliance laws. Recommends improvement/development of processes, procedures and training. Monitors and assists with implementation of compliance improvements. RESPA, HMDA and TRID compliance monitoring and reporting including branch quality control/compliance reviews. Partner with leadership to assess and manage risks associated with non-compliance; provide solutions to mitigate potential issues before they arise. Monitors vendor management compliance; may participate in non-routine issues and inquiries. Monitors Social Media Platforms daily. Audits & Reporting
Conducts regular audits and reviews of operations to identify and address any identified compliance issues. Participates in regulatory audit exams including coordinating materials, responses to audit requests and findings. Completes annual and quarterly MCR and HMDA reporting and other state specific reporting. Investigates, researches and reports all suspicious activity, red flags, and AML escalated to the Compliance Department. Prepares and submits reports to internal audit, Corporate legal, and/or regulatory bodies as required, documenting Company’s compliance efforts. Research & Development
Develops policies and procedures to ensure compliance with regulatory standards; partners with leadership to implement. Partners with systems implementation teams to assist in constructing tests of controls, evaluating outcomes, and analyzing the resulting issues. Serves as Compliance Helpdesk for all compliance inquiries including loan level TRID, RESPA, and Re-Disclosures questions, as well as state and federal disclosure questions. Assists in the development and implementation of sales and operations compliance training. Handle complaint resolutions to include research, root cause analysis, and response within required deadlines. Reviews and processes file cancellations as requested by Sales and/or underwriting within specified timeframes and SLAs. Requirements And Qualifications
Please list the minimum requirements (i.e., level of education and years of related experience) needed to perform competently in this position. Education:
Bachelor’s degree or equivalent experience required. Years of Related Experience:
5 years of mortgage Compliance experience required. Licenses/Certifications
(leave Blank If Not Applicable) Knowledge, Skills and Abilities (KSAs): In-depth knowledge RESPA, TILA, TRID, HMDA and Fair Lending. Strategic and investigative researcher. Excellent written and verbal communication skills along with solid computer skills. Analytical thinker and consultative mind to support both team members and managers in all areas of the business. Goal-oriented, self-motivated with the capacity to meet and exceed assigned goals. Willingness to learn, industrious, determined, and assertive. Excellent organizational skills and the ability to multitask to complete a wide variety of tasks. Strong people skills with ability to interact with all internal teams and external customers. Must be able to maintain sensitive and confidential information. Diligence to ensure tasks are completed thoroughly and on time. Silverton Mortgage is committed to creating an inclusive workplace. Silverton Mortgage is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. Business Unit -
Silverton Mortgage Seniority level
Mid-Senior level Employment type
Full-time Job function
Finance and Sales
#J-18808-Ljbffr