Servicing Compliance Testing & Validation Auditor

Responsibilities

• Conduct independent and effective testing and monitoring to assess compliance with all applicable requirements.
• Evaluate testing results to identify findings that signal process or control weaknesses, gaps, or potential non-conformance with requirements, and document the findings as required in the system of record.
• Communicate testing results with the relevant operational line(s) of business to determine the disposition of all findings, whether valid, eliminated or mitigated.
• Maintain an understanding and knowledge of the required audit scope, loan criteria, servicing activity, required systems, documentation, and regulatory requirements to successfully execute SCTV testing.
• Support validation testing and risk management by performing discretionary testing as required and reporting the results to SCTV Lead, Supervisor or Manager as directed.

Qualifications

• 3+ years mortgage servicing experience
• Familiarity with MSP and associated systems
• Experience identifying or evaluating mortgage loan servicing exceptions or control gaps
• Experience in researching and evaluating complex transactions or issue resolution requiring the use of multiple systems and applications
• Ability to work collaboratively with others
• Ability to effectively communicate orally and via written communications
• Ability to complete assignments independently and meet reporting targets
• Good time management and organizational skills

Desired

• Thorough knowledge of mortgage servicing activities and associated compliance requirements
• Ability to navigate testing scripts and question trees, interpret requirements and evaluate whether actions taken were appropriate
• Experience identifying and testing compliance and control related activities
• Loan audit experience

Physical Demands & Working Conditions

• Regularly required to talk or hear
• Sit for extended periods of time
• Occasionally required to stand and walk
• Regularly use hands to finger, handle, or feel objects
• Reach with hands and arms
• Occasionally lift and/or move up to 25 pounds
• Frequent lifting and/or moving up to 10 pounds
• Close vision, distance vision, color vision, and ability to adjust focus required
• No extreme conditions present

About RoundPoint Mortgage Servicing LLC

RoundPoint Mortgage Servicing LLC is a fully integrated, non-bank mortgage company, with a subservicing portfolio of approximately 900,000 loans. In 2023, RoundPoint was acquired by Two Harbors Investment Corp. (NYSE: TWO), reaffirming its commitment to MSR as core and essential to our business strategy and our future. A combined Two Harbors and RoundPoint capitalizes on the strengths of both companies, adding significant value for stakeholders through operational and cost efficiencies, as well as the ability to participate more fully in the mortgage finance space as opportunities arise. Founded in 2009, Two Harbors has grown into a leading publicly traded residential mortgage real estate investment trust (mortgage REIT). We leverage our core competencies of understanding and managing interest rate and prepayment risk to invest in our Agency residential mortgage-backed securities (RMBS) and mortgage servicing rights (MSR) portfolio, with the objective of delivering attractive risk-adjusted returns to our stockholders.

Location

Office Location: Coppell, TX or Fort Mill, SC

Employee Status

No/Yes