Disclosure Analyst

NightOwl Consulting; Philippines; On-site; PHP 312,000 - 391,000; Full time

Benefits offered by this job

Above market salary

HMO on Day 1

Government-mandated benefits

Performance-based incentives

Quarterly company events

1,000 PHP de minimis

Equipment and software provided

Job summary

NightOwl Consulting is seeking an experienced Disclosure Analyst to ensure disclosures are accurate, complete, and regulatory-compliant. You will review and draft disclosures, respond to regulator inquiries, and coordinate with settlement agents to obtain fee sheets.

The role requires 1+ year of Disclosure Analyst experience, with TRID awareness and mortgage disclosure knowledge. Video interview steps precede an in-person interview, and a full-time on-site position is offered.

Qualifications

• 1+ years of Disclosure Analyst experience is required.
• Experience reviewing and drafting disclosures in a regulatory context.
• Ability to analyze documents for TRID and federal lending requirements.

Responsibilities

• Receive and process disclosure requests; track queues for timely issuance.
• Analyze loan terms, escrow data, and fee requirements for compliance.
• Coordinate with Settlement Agents for title fee sheets and disclosures.
• Update software systems and issue disclosure packages as needed.
• Read and implement updates to workflows, policies, and product changes.

Skills

Disclosure process

TRID guidelines

Mortgage disclosures

Regulatory compliance

Escrow data analysis

Loan terms analysis

Attention to detail

Regulatory inquiries

Tools

Encompass

Job description

Disclosure Analyst

Department: Operations

Employment Type: Full Time

Location: Client

Compensation: ₱28,000 - ₱35,000 / month

Description

Only those with 1+ years of Disclosure Analyst experience will get an interview. Once you apply, you will be sent a video interview link. You will only get an in-person interview if you complete the video interview task first.

We are looking for an experienced Disclosure Analyst to join our growing team. The Disclosure Analyst is responsible for ensuring that the company's disclosures are accurate, complete, and compliant with all applicable regulations. This includes reviewing and drafting disclosures, as well as responding to inquiries from regulators and investors.

Key Responsibilities

• Receive and process requests through the proprietary disclosure system; organize queue and track pending disclosure requests to ensure that loan disclosures are issued correctly and in a timely fashion.
• Analyze and research existing loan terms and compliance reports to resolve issues regarding disclosure and fee requirements
• Multitask effectively between several software interfaces, including loan origination system and document vendor interface
• Analyze CIC requests per the parameters of the loan file to determine the viability of requests per compliance rules; update all necessary software applications and issue disclosure packages.
• Understand and adhere to departmental goals, company policies, and state/federal regulations that relate to loan terms, fees, and disclosures.
• Troubleshoot a variety of possible problems with loan disclosures.
• Read, implement, and keep track of updates and changes to workflow, policies, and product changes as they occur.

Skills, Knowledge and Expertise

• Prepare, generate, and deliver accurate initial mortgage loan disclosures within TRID guidelines with a primary focus on conventional loan products
• Analyze escrow data, loan terms, structure, and cash to close to ensure compliance
• Coordinate receipt of accurate title fee sheets from Settlement Agents
• Manage requests to disclose updated fees and re-work loans as necessary
• Ability to analyze documents to ensure compliance with regulatory requirements
• Ability to analyze and problem-solve to create positive outcomes for all interested parties
• Ability to prioritize/manage workload and allocate resources
• Working knowledge of federal lending regulations, CFPB, and TRID requirements for Mortgage disclosures
• Working knowledge of 1st mortgage products to include pricing requirements
• Knowledge of Mortgage lending business terminology and process flow
• Encompass experience is a plus
• Experience with Final Closing Disclosures is also a plus

Benefits

• Above market salary
• HMO on Day 1 for principal and two dependents
• Government-mandated benefits
• Performance-based Incentives
• Quarterly Company Events
• 1,000 PHP De Minimis
• Equipment and software provided