Compliance Audits Coordinator
Job Description
I. JOB SUMMARY:
Under the direction of the Chief Compliance Officer, the Compliance Audits Coordinator will be primarily responsible for project management functions related to the management of agency and regulatory third-party audits and examinations.
II. DUTIES & RESPONSIBILITIES:
- Facilitate high-profile exams such as Freddie, Fannie, Ginnie Mae, FHA, VA, etc.
- Facilitate State/Client/Joint Venture exams.
- Primary contact with regulatory agencies and clients for all external exams. Including timely follow-ups on examiners’ requests.
- Gather evidence related to exam requests by working directly with all levels of management throughout the organization.
- Coordinate onsite and remote examiner requests for information.
- Assist in the drafting of audit finding responses to regulators as required.
- Perform root cause analysis on exam findings and work with appropriate business units on corrective action plans.
- Maintain the Compliance Committee and Risk Committee meeting schedules and organize the preparation of information for deck presentations.
- Support the implementation and maintenance of the Compliance information management system
- Exam status reporting to management for dept.
- Other compliance related duties/responsibilities, as assigned.
III. JOB REQUIREMENTS:
- Minimum 2+ years of experience in regulatory Compliance with mortgage and consumer products, and/or managing regulatory exams in the financial services industry or related experience.
- Knowledge of applicable federal regulations and state laws; including but not limited to Equal Credit Opportunity Act (Reg. B – ECOA), Real Estate Settlement Procedures Act (RESPA), the Truth-in-Lending Act (TILA), Mortgage Acts and Practices – Advertising (Regulation N), and CFPB.
- Strong organizational skills with the ability to manage multiple tasks and projects.
- Strong interpersonal and teamwork skills and ability to influence through collaboration.
- Strong analytical skills with the ability to conduct independent research and solve problems.
- Self-motivated, high level of personal energy and commitment.
- Ability to handle multiple tasks, take on new responsibilities and prioritize work in a deadline-intensive environment.
- Intermediate to advanced Microsoft Office, including Microsoft Word, PowerPoint, and Excel.
- Bachelor’s Degree preferred.
DISCLAIMER: The above statements are intended to describe the general nature and level of work being performed by individuals in, or assigned to, the above position and are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required and may be changed at the discretion of the company.