Compliance Analyst I - Master Servicing

About the role

This position provides support to the master servicing teams at all levels involving compliance and securitization transactions. This job requires in-office work 1-2 times per week.

Responsibilities

• Obtain Servicers’ current Certificates of Insurance for Errors and Omissions and Fidelity Bond and update our tracking system accordingly.
• Obtain officer and witness signatures, notaries, etc. on closing documents for Master Servicing new deals and provide to Counsel.
• Affirm final closing documents and the filing of master servicing deal documents.
• Manage workflow with Vendor and QC Transaction Summaries and contractual fields uploaded into Master Servicing Deals Database.
• Perform Quality Control (QC) of Vendor’s Transaction Summaries prior to uploading into Master Servicing Deals Database.
• Maintain IDC ratings and Rating Agency ratings for all Depository Institutions utilized by primary Servicers.
• Monitor Projects Database to ensure staff are adding their hours into the database in a timely manner.
• Run weekly reports to validate the hours and billing.
• Submit monthly billing to Servicing.
• Monitor MS Compliance Group Mailbox and respond to inquiries.
• Work with management and provide timely responses to auditors, attorneys, and business leaders before, during and after a master servicing audit.
• Review master servicing pooling and servicing agreements and effectively interpret requirements affecting compliance.
• Manage Master Servicing Deals Database and Deals Database for contractual provisions.
• Responsible for MS Compliance’s monthly and quarterly whole loan reporting.
• Work with management team on projects that require a review of master servicing governing agreements.
• Collect and review annual compliance documents from primary servicers, e.g., financial statements, officer certifications, Reg AB and/or USAP audit certifications.
• Maintain department policies and procedures for designated areas of responsibility.
• May perform other related duties or ad hoc projects.
• Affirm Reps and Warrants as required within securitization deal documents, including sending repurchase notices, as needed.

Requirements

Education & Professional Experience: Bachelor's degree preferred and typically does not require previous professional level work experience. Mortgage and/or Financial Services experience a plus. High School diploma or state approved equivalency required.

Qualifications

Leadership/Hierarchy: Operates effectively under general supervision. Receives detailed instructions on new projects. Effectively builds strong relationships with team, manager and department. Often goes beyond the basic requirements and takes on initiatives that clearly add value. Often leverages new ideas; promotes new ways of looking at problems and processes.

Skills

Some decision-making authority on daily work assignments. Seeks advice from those who’ve solved similar problems. Probes all fruitful sources for answers and thinks ‘outside the box’ to find options. Possess objective analytical problem-solving skills. Requires relatively little direction to get the job done.

Benefits

Our team members fuel our strategy, innovation and growth, so we ensure the health and well-being of not just you, but your family, too! We go above and beyond to give you the support you need on an individual level and offer all sorts of ways to help you live your best life. We are proud to offer eligible team members perks and health benefits that will help you have peace of mind. Simply put: We’ve got your back.

Check out our full list of Benefits and Perks.

About Us

Rocket Mortgage® was founded in 1985. Today, we’re a Detroit-based, publicly traded company with a mission to Help Everyone Home. At Rocket Mortgage, we believe that home is more than the house you live in. Our wide variety of home loan options, tools and resources empower our clients to achieve their homeownership dreams. We’re known as experts in the mortgage industry, but we’re also innovators – we strive to create the best experiences for our clients from beginning to end. And we’re not your typical employer. We’re insistently different in how we look at the world and are committed to an inclusive workplace where every voice is heard.

Pay

$48,500.00-$88,000.00

Schedule

Hybrid Role - Must live within a commutable distance to the Highlands Ranch, CO office for in-office responsibilities. 2 days onsite weekly after training (typically Mon/Tues).