MORTGAGE LENDING EXAMINER 2

State of Nevada; Carson City (NV); Vor Ort; USD 65.000 - 90.000; Vollzeit

Benefits dieser Stelle

Health Insurance

Vacation

Sick Leave

Holidays

Public Employees’ Retirement System (P

Deferred Compensation

Public Service Loan Forgiveness

Longevity Payments

Zusammenfassung

The Department of Business and Industry, Division of Mortgage Lending, seeks a Mortgage Lending Examiner 2 to conduct comprehensive licensee reviews across mortgage companies, escrow agencies, and servicers. Travel up to 85% statewide and out of state is required.

The role analyzes compliance with Nevada statutes 645A/645B/645F, financial statements, and records while upholding strict confidentiality. Qualifications include a bachelor’s in business/finance or equivalent with audit experience, or

Qualifikationen

• Bachelor's degree in business, accounting, economics, finance, or related field with 1 year auditing/financial-review experience.
• OR Graduation from high school with 3 years of related auditing/financial-review experience.
• OR one year of experience as Mortgage Lending Examiner I in Nevada State service.

Aufgaben

• Develop an exam plan by reviewing prior examinations and filings.
• Lead entrance and exit meetings with institution management.
• Prepare final reports with findings and corrective recommendations.
• Assess applications for new/renewed licenses and respond to inquiries from licensees/public.
• Monitor licensing of mortgage bankers/brokers/escrow agencies for regulatory compliance.
• Schedule on-site and off-site examinations with financial analysis.
• Reconcile ledgers and trust accounts, verify lien procedures.
• Verify escrow docs align with title work and endorsements.
• Perform related duties as assigned.

Kenntnisse

Auditing

Financial analysis

Regulatory compliance

Communication

Ausbildung

Bachelor's degree in business/finance-related field

High school diploma with 3+ years of equivalent experience

Experience as Mortgage Lending Examiner I in Nevada

Tools

NMLS reporting

Regulatory examination software

Financial analysis software

Jobbeschreibung

• No Nevada state income tax.

Job Summary

The Department of Business and Industry is recruiting to fill a Mortgage Lending Examiner 2 position within the Division of Mortgage Lending. This position can be filled in either Carson City or Las Vegas depending on the chosen candidate and the needs of the agency. The incumbent conducts comprehensive reviews of licensees including mortgage companies, escrow agencies, covered service providers, and mortgage servicers. The primary emphasis of the examination is to determine compliance with Chapters 645A, 645B, and 645F of the Nevada Revised Statutes and other applicable State and Federal statutes and regulations and encompasses a review and evaluation of the business practices of the company to include a selected sample of loan files for completeness, accuracy, compliance with applicable laws and fraudulent practices; monthly activity reports; mortgage call reports submitted to NMLS; licensing information; financial statements; advertisements for compliance with applicable laws and deceptive practices; complaints; office space and signage; policies and procedures for supervision of mortgage agents; adequacy of office management and internal controls; safeguarding of client confidential information; and general books and records. Travel is required up to 85% of the time within the state and out of State.

Essential Qualifications

Bachelor's degree from an accredited college or university in business administration, accounting, economics, finance, or other discipline related to the position and one year of increasingly responsible professional experience conducting audits and reviewing financial records and reports; OR graduation from high school and three years of increasingly responsible professional experience as described above; OR one year of experience as a Mortgage Lending Examiner I in Nevada State service; OR an equivalent combination of education and experience as described above.

Job Duties

• Review an institution's prior examinations, correspondence and documents on file in order to become familiar with the nature of the institution and to develop an exam plan.
• Conduct entrance and exit meetings with management of the institution to answer questions regarding the examination, verify facts and discuss findings.
• Prepare and/or assimilate and analyze reports prepared by assisting examiners and arrive at a conclusion regarding the overall condition of the institution; prepare final report detailing findings and recommendations; assist in coordinating appropriate corrective measures in accordance with established policies and procedures.
• Review, investigate and process newly approved institutions or institutions renewing their license(s); make recommendations for acceptance or denial; respond to informational inquiries and complaints from licensees and the general public; conduct follow-up investigations as necessary and make referrals to the criminal division in the Attorney General’s Office if warranted.
• Monitor the activities and licensing of mortgage bankers, mortgage brokers, and escrow agencies and conduct examinations to ensure compliance with federal and State laws with emphasis on lender trust accounts; document retention requirements and lender and borrower disclosures; conduct background investigations and annual examinations of all licensees.
• Schedule and perform on-site and off-site examinations of mortgage brokers and mortgage lenders in compliance with written examination procedures including an analysis of financial statements and commentary on liquidity, hedging, pipeline management turnover, and capital requirements.
• Reconcile ledgers and trust accounts; review escrow files for compliance with statute; reconcile trust accounts to include construction site inspections, lien procedures and waivers, collateral and lien protection to ensure compliance with established guidelines.
• Compare escrow documentation and instructions to title work performed to ensure accuracy and completeness; review and verify reconveyances, endorsements, and title policies are present.
• Perform related duties as assigned.

Knowledge, Skills, And Abilities

This job specification lists the major knowledge, skills and abilities of the job and is not all inclusive. Incumbent(s) will be expected to have knowledge, skills and abilities from a previous level.

Working knowledge of: federal and State laws and regulations applicable to mortgage lending institutions sufficient to analyze all facets of operations for compliance; standard internal security procedures and controls; real estate appraisals; mortgage lending examination policies and procedures; secondary mortgage market; fraudulent practices relevant to mortgage and real estate transactions.

Ability to: analyze financial records and business recordkeeping systems and reach logical conclusions; follow established policies and procedures relevant to program areas based on information of a conceptual nature from varied and complex sources; interpret and apply complex rules and regulations related to examinations; utilize computer software packages commonly used in financial analysis

The State of Nevada is an equal opportunity employer dedicated to building diverse, inclusive, and innovative work environments with employees who reflect our communities and enthusiastically serve them. All applicants are considered without regard to race, color, national origin, religion or belief, age, disability, sex, sexual orientation, gender identity or expression, pregnancy, domestic partnership, genetic information (GINA), or compensation and/or wages.

Benefits Include

• Health Insurance: Medical, dental, life, and disability insurance programs for employees and their dependents/family are offered through the Public Employees’ Benefits Program (PEBP).
• Vacation: Accrual of three weeks of annual leave each year.
• Sick Leave: Accrual of three weeks of sick leave each year.
• Holidays: 12 paid holidays per year.
• Retirement: Participation in the Nevada Public Employees Retirement System (PERS). Employees do not contribute to Social Security but will contribute to PERS if their position is at 50% or more full-time equivalency. For more information on how PERS service may impact Social Security benefits, visit the SSA publication.
• Deferred Compensation: The State offers a voluntary Deferred Compensation Program.
• No Nevada state income tax.
• Public Service Loan Forgiveness: Eligible due to public sector employment.
• Longevity Payments Eligibility: Employees who have received a performance rating of “standard” or better and have completed eight (8) or more years of continuous service are eligible for longevity pay.

Additional benefits

may apply to employees covered under a Collective Bargaining Agreement (CBA), depending on their designated bargaining unit. For more information, visit the Labor Relations Unit (LRU).

For more details about your rights and responsibilities as a State of Nevada employee, please review the State of Nevada Employee Handbook (PDF).

• State Holidays The holiday schedule for State employees is established by the Legislature.

The Following Are Legal Holidays

• January 1.............................................. New Year's Day
• Third Monday in January.................. Martin Luther King, Jr.'s Birthday
• Third Monday in February................ Washington’s Birthday
• Last Monday in May........................... Memorial Day
• June 19................................................ Juneteenth Day
• July 4.................................................... Independence Day
• First Monday in September.............. Labor Day
• Last Friday in October....................... Nevada Day
• November 11........................................ Veterans' Day
• Fourth Thursday in November........ Thanksgiving Day
• Friday following the Fourth Thursday in November...................... Family Day
• December 25........................................ Christmas Day

When January 1, June 19, July 4, November 11, or December 25 falls on a Saturday, the preceding Friday is the observed legal holiday. If these days fall on Sunday, the following Monday is the observed holiday. Eligibility for holiday pay is covered by the provisions of NAC 284.255