Compliance Manager

1 day ago


Fort Washington, Pennsylvania, United States NewRez Full time
Job Summary

We are seeking a highly skilled Compliance Manager to join our team at Newrez. The successful candidate will be responsible for ensuring the preparation and submission of Home Mortgage Disclosure Act (HMDA) reports as required by federal regulations.

Key Responsibilities
  • Lead a team responsible for the preparation of the HMDA Loan/Application Register (LAR) quarterly as required by law and in line with Newrez's policies and procedures.
  • Create and execute a HMDA Monitoring and testing plan with Head of Originations Compliance to validate the accuracy and completeness of HMDA submission data.
  • Document and track all gaps requiring remediation, the cure process, and the testing completed to provide closure.
  • Create remediation strategies to cure gaps and serve as the project manager to cure remediation gaps when appropriate.
  • Use resources within the various departments at Newrez to best support the remediation effort(s).
  • Monitor exception reporting to identify and correct loan data errors loans pursuant to HMDA guidelines and Newrez policy.
Requirements
  • Bachelor's Degree is preferred.
  • 6-8 years' compliance experience.
  • 5-10 years mortgage industry experience is required.
  • At least 5 years prior supervisory experience is required.
  • Experience conducting compliance monitoring and testing.
  • HMDA experience is required.
What We Offer
  • Medical (including Health Savings Account & Flexible Savings Account)
  • Dental - RX – Vision – Life, Disability Insurance – 401(k) Plan with company match – Employee Assistance Plan
  • Performance-based Incentives
  • Pet Insurance

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