Mortgage Compliance Analyst

About the role

This position is responsible for the analysis and validation of Home Loans Loan Origination System (LOS) data used in HMDA reporting, ensuring the LOS reflects accurate data. The role involves close collaboration with business stakeholders to identify and resolve risk issues. A proactive approach to problem-solving is essential, focusing on both immediate issue resolution and the implementation of safeguards to prevent recurrence.

The role is in-office and requires regular interaction with stakeholders across the mortgage division. Overtime may occasionally be needed to meet reporting deadlines or address urgent risk issues.

Responsibilities

• Review and validate HMDA data on loan applications to ensure accuracy and compliance with regulations.
• Utilize structured methodologies to investigate operational issues, identify root causes, and develop sustainable solutions for risk resolution.
• Evaluate process-related risks, then design and implement controls and preventative measures to ensure regulatory compliance and adherence to internal policies.
• Collaborate with stakeholders to gather and document comprehensive business requirements for process changes and system enhancements, specifically for risk mitigation.
• Partner with business users and IT to define business-focused testing scenarios for system changes and support their automation to ensure thorough validation and minimize post-implementation issues.

Requirements

• Experience in the mortgage industry.
• Strong organizational skills and attention to detail.
• Proven problem-solving abilities.
• Excellent stakeholder management and communication skills across all levels of the mortgage division.

Qualifications

• Minimum of 1 year of experience in a similar role or relevant mortgage operations function.
• Knowledge of HMDA regulations and loan origination systems (LOS) is required.

Nice to have

• Experience in risk issues identification and resolution.
• Familiarity with automated testing tools and methodologies.

Benefits

• Competitive salary packages and bonuses.
• Comprehensive medical, dental, vision, and life insurance benefits.
• Generous vacation and holidays.
• Paid parental leave for eligible employees.
• 401(k) and education on retirement planning.
• Tuition reimbursement on approved programs.
• Monthly contribution up to $200 to help pay off student loans.
• Health & well-being benefits including telehealth, parental support, and a subsidized gym program.

These benefits are applicable to full-time employees only.

Pay

The base pay range for this role will be determined based on individual factors such as the candidate’s experience, skills, and location. For details on our comprehensive and competitive benefits, visit our Benefits at SoFi page.