Compliance Specialist - Examinations & Audits

Diversity, Equity, and Inclusion: At NFM Family of Lenders (“COMPANY”) we are a diverse team of champions, industry pioneers and action leaders. We draw on the differences in who we are, what we’ve experienced, and how we navigate the mortgage industry with focused intention. We work to attract, develop, engage, advance and retain a high performing workforce through fostering an inclusive culture where everyone can join in the journey to success. EOE. Position Summary: The Compliance Specialist – Examinations & Audits is responsible for assisting the Compliance Department with compliance issues for the COMPANY’S Corporate and Retail Branch operations, including but not limited to researching in ALLREGS for federal and state laws, drafting internal standard operating procedures, preparing compliance reports and conducting internal compliance audits. Essential Job Functions: Specific tasks will include, but are not limited to, the following:

• Conduct periodic internal audits of various aspects of mortgage originations.
• Assist in the external audit process.
• Assists in advising Operations Staff on all compliance matters to ensure compliance with all applicable laws, regulations, and guidelines.
• Effectively communicate, work with, and build relationships with all levels of constituents including culturally and linguistically diverse staff members and external candidates and/or vendors, while operating in a fast-paced customer service-driven environment.
• Complete external/internal audits in a timely manner.
• Develop policies and procedures responsive to Compliance Department needs.
• Provide guidance and recommendations to assist with title issues.
• Conducts internal audits of loan originations.
• Develops, and coordinates implementation of policies and procedures necessary to ensure compliance with applicable federal and state laws and regulations relating to the origination of consumer residential mortgage loans.
• Create related systems and procedures to ensure uniform compliance.
• Research and development of forms required for new or amended programs, including form changes mandated by the various state and federal agencies.
• Perform internal audit reviews, including the review, documentation of audit findings and identification of causes or contributing factors relating to risk exposure.
• Provide recommendations to senior management based on audit findings.
• Assists with monthly external audit reviews, including the reporting functions, loan delivery, report findings analysis, findings dissemination to senior management, creating the manage response letter, assists in corrective action implementation.
• The employer shall, in its discretion, modify or adjust the position to meet the company’s changing needs.
• This job description is not a contract and may be adjusted as deemed appropriate at the employer’s sole discretion.
• Work closely with corporate department managers to ensure compliant procedures and policies are in place and adhered to.
• The Compliance Specialist is expected to maintain satisfactory attendance and report to work on time every day.

Required Job Functions: Specific tasks will include, but are not limited to, the following:

• Ensure that branches are following agency, state and federal regulations and requirements.
• Review trends of customer-related inquiries or complaints made through internal processes and regulatory agencies to ensure that appropriate departments/individuals respond in a timely and appropriate manner with regard to compliance-related issues.
• This position may require occasional overtime and travel.
• Additional tasks as assigned.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, skills, efforts, or working conditions associated with a job. Additional Working Conditions Information: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to sit and talk or hear. The employee is often required to walk; use hands to finger, handle, or operate computers, objects, tools, or controls; and reach with hands and arms. Specific vision abilities required by this job include close vision and the ability to adjust focus. Additional Information: The range provided reflects the expected compensation for this role and is considered a general guideline. Actual compensation will be decided based on factors such as geographic location, skills, education, experience assessed during the interview process, and internal pay equity. Compensation may also include incentives such as per-file bonuses and discretionary bonuses as applicable to the role. Qualifying employees are eligible to participate in our Total Rewards program. Additional information can be found by clicking on the following link: Benefits and Total Rewards Apply tot his job Apply To this Job