TRID Post-Closing QA Lead: Compliance & Improvement

Truist Financial; Richmond (VA); On-site; USD 85,000 - 95,000; Full time

Benefits offered by this job

Medical, dental, vision benefits

401k plan

Paid time off

Job summary

Truist Financial in Richmond, VA seeks an experienced leader to oversee the ML TRID Quality Assurance Analysts and ensure regulatory, investor, and bank policy compliance for Retail and Home Mortgage Direct (HMD). You will guide TRID-related reviews, coach cross-functional teams, and drive timely remediation and audits.

The role requires deep TRID knowledge, 8+ years in regulatory mortgage compliance, and strong supervisory experience managing eight or more analysts.

Qualifications

• Bachelor's degree or equivalent education and related training.
• Eight or more years of regulatory compliance experience pertaining to loan estimates, re-disclosure requirements for change of circumstance and/or closing disclosures.
• Five years or more in a supervisory role managing a minimum of eight or more associates.
• High level of awareness of all pertinent regulations and laws relating to consumer/residential mortgage lending.
• FHA/VA/USDA/CP and Government DAP program experience.
• Knowledge of regulatory changes, compliance requirements, investor and loan program guidelines.

Responsibilities

• Manage a skillful complex team accountable for safeguarding compliance, preparation and accurateness analyses of mortgages (Retail and HMD) for adherence to all investors, insurers, federal regulations and Truist.
• Provide leadership, coaching, motivation, training and direction to teammates as well as diplomacy to work with management across business units.
• In depth knowledge of TRID regulation, compliance and bank policies to ensure accuracy and completeness of associates work to eliminate any bank risk.
• Monitor pipeline volume to ensure any clerical, numerical and/or tolerance defects are resolved by issuing a corrective Closing Disclosure and/or refund to Borrower within regulation timing.
• Perform root-cause analysis based on trends and feedback provided from staff to partner with appreciate line of business (LOB) to coach and train to reduce and eliminate any bank monetary risk.
• Proactively elevate any problems and stay current on all pertinent product guidelines, processes, government regulations and industry compliance best practices.
• Evaluate and manage policies and procedures as well as system functionality to make modifications as needed.
• Engage regulatory auditors throughout onsite and off-site audits conducted by but not limited to, the CFPB, the GSEs, HUD and numerous state regulatory auditors.
• Oversees Post-Closing functions such as Quarterly Share-Point user access reconciliation; Weekly pipeline controls for TRID and Branch Review & manage reports, Check Reconciliation.
• Provide Post-Closing management support to offshore vendor. Functions include but not limited to: Staff Meetings; Continuous Improvement training; quality results; billing and reconciliation; Monthly contractors report; Create/Modify/Terminate contractors; Onboarding; 6 months contractors extensions; ARS approvals for RESPA Tool/Share-Point; TRAC attestation; TRAC/ARS/ETRM System Access Approvals.

Skills

Regulatory compliance

Supervisory experience

Mortgage lending

Education

Bachelor's degree

Job description

Truist Financial in Richmond, VA seeks an experienced leader to oversee the ML TRID Quality Assurance Analysts and ensure regulatory, investor, and bank policy compliance for Retail and Home Mortgage Direct (HMD). You will guide TRID-related reviews, coach cross-functional teams, and drive timely remediation and audits.

The role requires deep TRID knowledge, 8+ years in regulatory mortgage compliance, and strong supervisory experience managing eight or more analysts.