Contract Due Diligence Compliance Analyst New

Maxwell; Northern (KY); Hybrid; USD 65,000 - 90,000; Part time

Job summary

Maxwell is seeking a Contract Due Diligence Compliance Analyst to scrutinize loan files for regulatory adherence. This remote role collaborates with Data Capture, Credit Review, and Transaction Management teams to ensure accurate compliance across diverse loan types.

You will leverage LauraMac and other tools to validate documentation, identify discrepancies, and ensure timely completion of reviews with precise data capture and analysis.

Qualifications

• 3 years of experience in Quality Control/Due Diligence/Secondary Market.
• Knowledge of mortgage regulatory compliance and documentation.
• Strong written and verbal communication with attention to detail.
• Familiarity with LauraMac Due Diligence software and related tools.
• Ability to meet production quality and service standards.

Responsibilities

• Review loan files and data to identify necessary documentation for review.
• Audit loans to determine accuracy and salability of files.
• Document discrepancies and track issues during the audit process.
• Enter data from LEs, CDs, and COCs into the system of record for analysis.
• Capture and bookmark relevant information for quick reference.
• Respond to rebuttals and maintain cross-functional communication.
• Track time spent on reviews and escalate issues as needed.
• Apply validations and handle exceptions for complete reviews.

Skills

LauraMac Due Diligence

Quality Control

Regulatory knowledge

Written & verbal communication

Analytical thinking

Tools

Slack

Zoom

GSuite

Microsoft Office

Job description

Remote

Maxwell was founded in 2015 by homebuyers who were shocked by the complexity and inefficiencies of the mortgage process for borrowers and lending teams alike. We've built a platform that has not only streamlined the process and made it more efficient — closing loans 45%+ faster — but has made mortgages more accessible in the process. Our mission is clear: democratize mortgages by helping lenders work more efficiently and stay compliant while eliminating the barrier to entry and the stress for the borrower.

This is YOUR CHANCE to bring rigor and precision to a mission that's reshaping how mortgages get made. As our Contract Due Diligence Compliance Analyst, you'll dig into loan files and fees to validate regulatory compliance, working cross-functionally with our Data Capture, Credit Review, and Transaction Management teams to ensure a smooth transition from Compliance Analysis to Credit Review and beyond. This is a remote role open across the United States. If you thrive on detail, believe compliance and efficiency aren't at odds, and want to help spread financial empowerment, this is your Maxwell.

What You're Great At:

You are someone who enjoys digging in to ensure loan files and fees are accurate and compliant with regulatory standards. You understand what's needed to properly investigate and validate apparent regulatory compliance violations. Specifically, you bring:

• Strong working knowledge and experience in the LauraMac Due Diligence software system
• 3 years of experience in Quality Control/Due Diligence/Secondary Market (required), with fraud investigative review experience within banking or lending preferred
• Knowledge of the principles and compliance regulations and documentation applicable to mortgage lending
• The ability to meet production quality and service standards
• High technical aptitude, with familiarity with Slack, Zoom, GSuite, and Microsoft Office
• Strong written and verbal communication skills, with analytical ability, good judgment, and a detail-oriented, organized approach

What You'll Do:

• Review loan packages, underwriting guidelines, or data files to identify the documentation necessary for the review
• Capture required information from such documentation, including bookmarking relevant pages where such information can be located, in a designated place
• Audit loans to determine salability or conduct final review of loan documentation for accuracy and completeness
• Identify and document any discrepancies during audit, tracking document issues in the process
• Enter data and fees from LEs, CDs, and COCs into the system of record and run analysis to test for issues
• Ensure any exceptions are captured and recorded for incorrect or missing documentation, data errors, and any errors on the LEs and CDs
• Research and respond to rebuttals and responses to findings
• Maintain communication with internal contacts as necessary to ensure expectations and timelines are met, escalating issues as needed
• Run system logic against information captured and handle any exceptions that may come from applying that logic against the data captured
• Apply exceptions and handle validations where necessary to ensure a complete and accurate review
• Accurately track time spent on reviews

Salary: This is a contract position and payment will be made per file, depending on the type of loan reviewed.

Why Maxwell:

We are a company focused on a supportive, diverse, and inclusive culture — lived through our values of Rigor, Ownership, Curiosity, Kindness, and "Straight Up" — to bring equality to the mortgage process and spread financial empowerment. We believe people do their best work when they're trusted, supported, and given the tools to solve real problems. Join us in helping lenders work more efficiently while making the path to homeownership less stressful for everyone involved.

Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey.Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiringprocess or thereafter. Any information that you do provide will be recorded and maintained in aconfidential file.

As set forth in Maxwell’s Equal Employment Opportunity policy,we do not discriminate on the basis of any protected group status under any applicable law.

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection.As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measurethe effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categoriesis as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.