Mortgage Quality & Compliance Specialist

WESTconsin Credit Union; Menomonie (WI); Hybrid; USD 52,000 - 76,000; Full time

Benefits offered by this job

Health Insurance

Dental Insurance

Vision Insurance

401(k) Matching

Student Loan Repayment

Healthy Living Fund

Job summary

WESTconsin Credit Union in Wisconsin seeks a Mortgage Operations reviewer to help ensure loan quality and regulatory compliance. This role performs prefunding reviews, post-closing reviews, and servicing reviews to identify defects and drive remediation, while informing leadership of issues.

You will work in a hybrid environment, collaborating with mortgage staff, staying current with TRID, HMDA, ECOA, ATR/QM, RESPA, MLA, and other investor guidelines, and maintaining confidentiality of records.

Qualifications

• Associate’s degree from a two-year college or equivalent combination of education.
• 3 years of relevant mortgage operations experience preferred.
• Must reside in WI/MN.

Responsibilities

• Performs prefunding reviews to identify defects before closing.
• Performs post-closing reviews to evaluate loan production quality.
• Performs servicing reviews to ensure compliance with regulations and investor guidelines.
• Informs Mortgage leaders of defects and assist with remediation.
• Performs regulatory reviews for TRID, HMDA, ECOA, ATR/QM, RESPA, etc.
• Stays current with investor guidelines, regulations, and fraud alerts.
• Investigates discrepancies in mortgage department.
• Assists with evaluating appraisal/valuation/AVM quality.
• Identifies systemic errors in mortgage and core systems.
• Resolves loan deficiencies with mortgage staff.
• Conducts quality assurance testing for processing.
• Performs regulatory reviews to assess MLA and Servicemembers’ rights.
• Maintains confidentiality of credit union records.

Skills

Mortgage operations experience

Regulatory knowledge

Attention to detail

Education

Associate’s degree

Two years of college experience

Job description

WESTconsin Credit Union in Wisconsin seeks a Mortgage Operations reviewer to help ensure loan quality and regulatory compliance. This role performs prefunding reviews, post-closing reviews, and servicing reviews to identify defects and drive remediation, while informing leadership of issues.

You will work in a hybrid environment, collaborating with mortgage staff, staying current with TRID, HMDA, ECOA, ATR/QM, RESPA, MLA, and other investor guidelines, and maintaining confidentiality of records.