Senior Compliance Analyst

November 27, 2024

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Selene Finance LP

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Performing Loan Servicing • Non-Performing Loan Servicing • Due Diligence • Real Estate Owned (REO)

501 - 1000 employees

Founded 2007

💸 Finance

🏠 Real Estate

Description

• Responsible for analyzing and reporting compliance programs and trends. • Serve as the first point of escalation for compliance guidance. • Quality Control oversight of loan review process. • Track operational changes for compliance with mortgage laws. • Create and maintain company compliance policies and procedures. • Collaborate with IT to enhance compliance systems. • Lead staff training regarding compliance regulations. • Prepare and provide reporting to clients and internal leadership. • Ensure company compliance with all relevant mortgage laws.

Requirements

• Minimum 5-7 years of mortgage due diligence compliance experience or equivalent is preferred. • Expert knowledge of federal and state mortgage laws, including QM/ATR, TRID, RESPA, Reg Z, HOEPA, and HPML required. • Good knowledge of loan products, particularly Non QM, Business Purpose Loans, Second Lien and Equity products. • Strong knowledge of Loan Estimates and Closing Disclosure. • Recent experience with TIL, FNMA 5%, High-Cost Testing, and HUD-1 Fees for NPL. • Knowledge of compliance reporting i.e., Mavent or ComplianceEase. • Ability to create policies, procedures and reporting. • Familiarity with capital markets and credit rating agency requirements. • Knowledge of transaction components indicating potential fraud. • Self-motivated, creative and team-oriented. • Strong communication skills, confidentiality and good judgment are essential.

Benefits

• Paid Time Off (PTO) • Medical, Dental & Vision • Employee Assistance Program • Flexible Spending Account • Health Savings Account • Paid Holidays • Company paid Life Insurance • Matching 401(k) Plan