Regulatory Compliance Reporting Analyst

RoundPoint Mortgage Servicing LLC; Fort Mill (SC); On-site; USD 60,000 - 85,000; Full time

Job summary

RoundPoint Mortgage Servicing LLC is seeking a Regulatory Compliance Reporting Analyst to prepare and submit essential regulatory reports required to maintain mortgage lending and servicing licenses. This role requires understanding federal and state mortgage regulations and tracking monthly, quarterly, and annual reports.

You will maintain reporting calendars, coordinate with various stakeholders, validate data for compliance, and assist with audits and OFAC checks.

Qualifications

• Bachelor's Degree required.
• 2+ years of mortgage experience.
• 2+ years of regulatory compliance reporting experience.
• Experience with Mortgage Call Report, HMDA LAR, and state regulatory reports preferred.
• Strong verbal and written communication skills.
• Proficient MS Office skills (Word, Excel) and SharePoint; Adobe experience helpful.
• Ability to organize and prioritize multiple tasks within deadlines.
• Able to work independently and in a team.
• Understanding of complex, diversified work environments.

Responsibilities

• Prepare and submit regulatory reports (Mortgage Call Report, HMDA LAR, state reports) accurately.
• Interpret regulations to compile required data for reports.
• Track various reporting cadences (monthly, quarterly, semi-annual, annually).
• Maintain enterprise reporting calendar (SharePoint) and deadlines.
• Coordinate with business units to gather information for reports.
• Validate data for compliance and report accuracy.
• Identify and communicate reporting errors to relevant lines of business.
• Create/update procedures and process flows for regulatory reporting.
• Assist audits and examinations; organize requests and coordinate responses.
• Perform OFAC scans and review alerts as needed.
• Support additional duties as required.

Skills

Verbal and written communication

MS Office (Word, Excel)

SharePoint

Data organization and prioritization

Independent and team work

Attention to deadlines under pressure

Education

Bachelor's Degree

Tools

MS Office

Word

Excel

SharePoint

Adobe

Job description

The regulatory compliance reporting analyst is responsible for preparing and submitting various regulatory reports required to maintain the mortgage lending and servicing licenses held by RoundPoint Mortgage Servicing LLC ("RoundPoint"). This position requires an individual that has the ability to comprehend and adhere to federal and state mortgage regulations. This individual will be responsible for tracking, preparing, and submitting monthly, annual, semi-annual and quarterly reports, submitting re-certifications for governmental entities (i.e. FNMA, FHLMC, FHA/HUD, etc.), and creating and maintaining tracking spreadsheets and procedures.

Responsibilities

• Prepare and timely submit all required regulatory reports with accurate information according to the regulatory requirements, including the Mortgage Call Report, HMDA LAR, and other various state reports
• Interpret state and federal regulations for the purpose of compiling the necessary data and information to complete required regulatory reports
• Track monthly, annual, semi-annual and quarterly reports and submitting recertifications for governmental entities
• Maintaining the enterprise reporting calendar within SharePoint to ensure all required reports are accurately captured and deadlines are tracked
• Coordinate with responsible parties to ensure all enterprise reporting calendar entries are completed timely and appropriate evidence is documented
• Collaborate with appropriate business areas to obtain additional information necessary for regulatory reporting purposes
• Validate accuracy of collected data and information to ensure compliance with reporting requirements
• Communicate identified reporting errors and issues to the appropriate lines of business for review and resolution
• Create and update procedures and process flow for regulatory compliance reporting
• Assist with regulatory compliance audits/examinations as necessary, including organizing exam requests, coordinating with business leadership to obtain exam request responses, and reviewing materials for appropriateness
• Assist with performing OFAC scans and reviewing possible alerts for clearing the potential match
• Assist with other duties as required

Qualifications

Required

• Bachelor's Degree
• 2+ years of mortgage experience
• 2+ years of regulatory compliance reporting related experience
• Experience with mortgage regulatory compliance reporting, including the Mortgage Call Report, HMDA LAR, and other state regulatory reports
• Strong verbal and written communication skills
• Strong MS Office skills including Word, Excel SharePoint, and Adobe
• Ability to organize and prioritize multiple tasks and work efficiently under specific time constraints
• Comfortable in a fast-paced environment and able to work independently and effectively within a team
• Ability to work independently in a high production environment
• Ability to understand and handle complex and diversified work

Desired

• Working knowledge of HMDA, MBFRF, and Mortgage Call Report requirements
• Working knowledge of state mortgage licensing and reporting requirements
• Experience assisting with management of regulatory examinations and audits
• Experience working in NMLS

Physical Demands & Working Conditions

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of their role.

• Ability to communicate effectively through speech and hearing, both in-person and over the phone.
• The employee is required to sit for extended periods of time and is occasionally required to stand and walk.
• Remaining in a stationary position for extended periods, frequently sitting but occasionally involving standing or walking short distances; the employee may occasionally climb or balance, and stoop, kneel, crouch, or crawl.
• Regular use of hands and fingers for tasks like keyboarding, operating office equipment, and filing documents.
• Ability to lift and move objects weighing up to 10 pounds, and potentially up to 20 pounds occasionally.
• Ability to observe details at close range, such as viewing a computer screen, reviewing documents, and performing data analysis.
• The noise level in the work environment is usually quiet to moderate, and no extreme conditions are present.

About RoundPoint Mortgage Servicing LLC

RoundPoint Mortgage Servicing LLC is a fully integrated, non-bank mortgage company, with a subservicing portfolio of approximately 900,000 loans. In 2023, RoundPoint was acquired by Two Harbors Investment Corp. (NYSE: TWO), reaffirming its commitment to MSR as core and essential to our business strategy and our future. A combined Two Harbors and RoundPoint capitalizes on the strengths of both companies, adding significant value for stakeholders through operational and cost efficiencies, as well as the ability to participate more fully in the mortgage finance space as opportunities arise.

Founded in 2009, Two Harbors has grown into a leading publicly traded residential mortgage real estate investment trust (mortgage REIT). We leverage our core competencies of understanding and managing interest rate and prepayment risk to invest in our Agency residential mortgage-backed securities (RMBS) and mortgage servicing rights (MSR) portfolio, with the objective of delivering attractive risk-adjusted returns to our stockholders.

Location

• Fort Mill, SC
• Coppell, TX

Employee Status

• Exempt

Travel

• None