Mortgage Compliance Specialist — Licensing & SAR Expert

Key Mortgage; Schaumburg (IL); On-site; USD 65,000 - 75,000; Full time

Benefits offered by this job

Medical

Dental

401k with employer match

Paid Time Off

Volunteer Time Off

Job summary

Key Mortgage is seeking a Compliance Specialist to manage day‑to‑day compliance operations for residential mortgage activities in Schaumburg, IL. You will handle licensing, filings, complaint triage, and audit preparation, reporting to the Compliance Manager.

The role requires 2–4 years of mortgage compliance experience and solid knowledge of TRID, RESPA, HMDA, Reg Z/X, and FCRA. Proficiency with Encompass, Empower, and Byte is preferred.

Qualifications

• 2–4 years of direct residential mortgage compliance, quality control, or loan processing experience.
• Foundational knowledge of TRID, RESPA, HMDA, ECOA/Reg B, Reg Z, Reg X, FCRA.
• Strong organizational skills with high attention to detail for tracking regulatory deadlines.
• Proficiency with Loan Origination Systems and Microsoft Office.

Responsibilities

• Process NMLS onboarding transfers, sponsorship requests, and Form MU4 filings for newly hired Loan Officers.
• Audit LO profiles during onboarding for state testing, continuing education, and TAO compliance.
• Coordinate annual NMLS license renewal documentation for the company and individual originators.
• Prepare exam document request lists (DRLs) and track post‑examination remediation items.
• Maintain central tracking logs for audit findings and follow up with units on corrective actions.

Skills

Mortgage compliance

Regulatory knowledge

Attention to detail

Organizational skills

Microsoft Office

Education

Associate or Bachelor’s degree in Business/Finance

Tools

Encompass

Empower

Byte

Job description

Key Mortgage is seeking a Compliance Specialist to manage day‑to‑day compliance operations for residential mortgage activities in Schaumburg, IL. You will handle licensing, filings, complaint triage, and audit preparation, reporting to the Compliance Manager.

The role requires 2–4 years of mortgage compliance experience and solid knowledge of TRID, RESPA, HMDA, Reg Z/X, and FCRA. Proficiency with Encompass, Empower, and Byte is preferred.