Compliance Analyst

About the role

The Compliance Analyst supports Spring EQ's regulatory compliance program by monitoring, assessing, and ensuring adherence to relevant federal, state, and local laws and regulations governing mortgage lending and servicing activities.

Responsibilities

• Monitor and evaluate mortgage lending and servicing operations for compliance with applicable laws, regulations, and company policies.
• Conduct compliance audits, reviews, and testing of business processes, files, disclosures, and operational controls.
• Research and interpret federal and state regulatory requirements affecting mortgage origination, underwriting, processing, closing, servicing, and secondary market activities.
• Assess the impact of regulatory changes and assist with implementing necessary policy, procedure, and operational updates.
• Analyze compliance risks and recommend corrective actions to mitigate identified issues.
• Prepare audit reports, compliance findings, and management summaries, including recommendations for remediation.
• Track and monitor corrective action plans to ensure timely resolution of compliance deficiencies.
• Support internal and external audits, regulatory examinations, and investor reviews.
• Collaborate with business units to provide compliance guidance and support operational decision-making.
• Review policies, procedures, forms, disclosures, and communications for regulatory compliance.
• Maintain documentation and records to support compliance activities and examination readiness.
• Develop and deliver compliance-related training and awareness materials as needed.
• Monitor consumer complaints and identify trends that may indicate compliance concerns.
• Stay informed regarding emerging regulatory developments, industry standards, and enforcement actions.

Requirements

• Knowledge of federal and state mortgage lending regulations, including but not limited to: Truth in Lending Act (TILA), Real Estate Settlement Procedures Act (RESPA), TILA-RESPA Integrated Disclosure (TRID), Equal Credit Opportunity Act (ECOA), Fair Housing Act (FHA), Home Mortgage Disclosure Act (HMDA), Fair Credit Reporting Act (FCRA), Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act), Unfair, Deceptive, or Abusive Acts or Practices (UDAAP), Bank Secrecy Act/Anti-Money Laundering (BSA/AML).
• Understanding of compliance risk management principles and internal control frameworks.
• Knowledge of audit methodologies and regulatory examination practices.
• Strong analytical and critical-thinking skills.
• Excellent written and verbal communication skills.
• Effective problem-solving and investigative abilities.
• Strong organizational and project management skills.
• Proficiency in Microsoft Office Suite, including Excel, Word, PowerPoint, and Outlook.
• Ability to analyze complex regulations and translate requirements into practical business solutions.
• Strong attention to detail and accuracy.
• Data analysis and reporting skills.
• Ability to independently manage multiple priorities and deadlines.
• Ability to interact effectively with all levels of management and employees.
• Ability to exercise sound judgment and maintain confidentiality.
• Ability to identify compliance risks and recommend practical solutions.
• Ability to work collaboratively in a team-oriented environment.
• Ability to adapt to changing regulatory and business requirements.

Qualifications

• 1+ years of compliance, risk management, audit, quality assurance, or mortgage operations experience within the mortgage banking or financial services industry.
• Bachelor's degree in Business Administration, Finance, Risk Management, Accounting, Legal Studies, or a related field or equivalent work experience.

Skills

• Knowledge of federal and state mortgage lending regulations.
• Understanding of compliance risk management principles.
• Knowledge of audit methodologies and regulatory examination practices.
• Strong analytical and critical-thinking skills.
• Excellent written and verbal communication skills.
• Effective problem-solving and investigative abilities.
• Strong organizational and project management skills.
• Proficiency in Microsoft Office Suite.
• Ability to analyze complex regulations.
• Strong attention to detail and accuracy.
• Data analysis and reporting skills.
• Ability to independently manage multiple priorities and deadlines.
• Ability to interact effectively with all levels of management and employees.
• Ability to exercise sound judgment and maintain confidentiality.
• Ability to identify compliance risks and recommend practical solutions.
• Ability to work collaboratively in a team-oriented environment.
• Ability to adapt to changing regulatory and business requirements.

Benefits

• 401(k) Company Match
• Annual Charitable Matching Gift Program
• Commuter Benefits
• Company Holidays
• Health Insurance
• Life Insurance
• Paid Time Off
• Vision Insurance
• Weekly Non-Management Dinner Benefit

Pay

Competitive compensation package, including base salary and benefits.

Schedule

Hybrid schedule, combining on-site presence with remote flexibility.