Falling Waters, West Virginia, United States
Strong, purposeful risk management professional with a focus on mortgage lending quality control, compliance and audit. Skilled in Fair Lending, Risk Analysis, Regulatory Compliance, Policy and Procedure development, and strong process gap analysis skills. Excellent communicator with the innate ability to manage multiple projects with competing deadlines.
Monitor third party quality control reviews, perform detail analysis of the results, and produce comprehensive reports outlining the scope, sample size, audit findings and recommendations for corrective action based on internal guidelines. Meets with Line of Business leader for the development and implementation of corrective action plans and provides training as necessary. Facilitate systemic changes within the loan operating system as applicable. Manage and monitor external requests from examiners, regulators, third party clients, and business partners. Quarterly HMDA data analysis which includes Fair Lending analysis and preparation of annual HMDA and Fair Lending Summaries to executive management (Exceptions, concessions, marketing, redlining, steering, and protected class analysis). Prepares meeting minutes and analysis for Regression Analysis and Fair Lending/marketing. Stay well informed on associated operations, including the related rules and regulations of the financial services industry to include OCC, FRB, CFPB, State Law and other pertinent regulations along with GSE guidelines. Assist with policy and procedure updates or departmental communications.
Monitor retail mortgage for compliance to ensure consistency with internal and regulatory guidelines and investor salability. Assist in mitigating and correcting any identified compliance risks. Prepare and provide reporting to senior management pertaining to the origination process quality control audits conducted on all originated and non-originated loans. Ensure all originated and non-originated loan data is compliant with all related regulations such as Home Mortgage Disclosure Act (HMDA), Equal Credit Opportunity (ECOA). Annual analysis of data to ensure Fair Lending and Community Reinvestment Act (CRA) compliance. Evaluate lending activity against public aggregate HMDA lending data provided by FFIEC/CFPB. Publish the annual Fair Lending/HMDA summary to management. File the annual HMDA Loan Application Register. Provide compliance advice and guidance on federal and state regulations including TILA, RESPA, TRID, ECOA, Fair Lending, HMDA, anti-predatory lending laws, licensing, FCRA, privacy laws, Dodd-Frank and other consumer finance-related laws. Complete due diligence analysis of originated and non-originated loan volume on a pre-fund and post-close basis. Identify mortgage lending opportunities and mitigate risk. Ensure all policy and procedures are current based on changes in regulatory and mortgage industry related changes. Identifies potential implementation and/or interpretation inconsistencies or variances and notifies appropriate management. Review advertising materials and other communications for potential compliance issues and assist marketing to ensure compliance with UDAAP, RESPA, and Fair Lending. Conduct consumer complaint resolution facilitation and reporting from various regulatory agencies. Experience using Ellie Mae Encompass, Centrax/Go Marquis, Compliance Tech’s Fair Lending Magic, and Fair Lending Patterns.