About This Role
This role involves conducting TRID audits and reviewing mortgage loan files to ensure compliance with regulatory requirements. The Compliance Analyst will identify potential compliance issues, assist with regulatory examinations, and collaborate with various teams to resolve findings. The position suits a detail-oriented professional with experience in mortgage lending or compliance.
Responsibilities
- Conduct TRID audits to evaluate loan files for compliance with applicable disclosure timing, accuracy, and regulatory requirements
- Review mortgage loan files and supporting documentation to identify potential compliance issues, discrepancies, and areas requiring corrective action
- Assist with regulatory examinations, audits, and compliance reviews by gathering documentation, organizing records, and coordinating responses to information requests
- Support exam management activities, including tracking requests, monitoring deadlines, maintaining documentation, and following up with relevant departments
- Collaborate with compliance, underwriting, closing, and operations teams to research and resolve compliance-related questions and findings
- Monitor outstanding audit findings and compliance requests to ensure timely follow-up and resolution
- Maintain accurate records of audit results, examination materials, compliance findings, and corrective actions
- Assist with identifying trends, recurring issues, and opportunities to improve compliance procedures and operational processes
- Maintain a working knowledge of applicable mortgage regulations, including TRID requirements, and support adherence to internal policies and procedures
- Utilize Encompass LOS to review loan information, access documentation, and support compliance auditing activities
- Support the Compliance team with additional audits, reporting, documentation, and regulatory initiatives as needed
Requirements
- 3–5 years of experience in mortgage lending, mortgage compliance, loan auditing, or a related mortgage operations role
- Experience conducting TRID audits and reviewing mortgage loan files for regulatory compliance
- Experience with Encompass LOS and familiarity with wholesale mortgage lending
- Knowledge of TRID requirements, mortgage disclosures, and applicable federal mortgage regulations
- Experience identifying compliance discrepancies, documenting findings, and coordinating corrective actions
- Excellent written and verbal communication skills with the ability to collaborate across multiple departments
- Strong analytical, organizational, and problem-solving skills with exceptional attention to detail
- Ability to manage multiple requests, prioritize competing deadlines, and maintain accurate documentation
