Houston, TX, USA
11 days ago
Quality Assurance Compliance Analyst- Servicing

Who we are

Shellpoint Mortgage Servicing (SMS) is one of America’s top-five non-bank mortgage-servicing companies. What is mortgage servicing? Our clients are businesses that own mortgage loans (such as banks and real estate investment firms). On their behalf, we manage (or “service”) their loan portfolios, which means that we collect homeowners’ mortgage payments, pay their tax and insurance bills, and help homeowners in default to get current.
 

Primary Function

The Quality Assurance (QA) Compliance Analyst reviews results of mortgage servicing related internal and external quality assurance monitoring & testing.  The QA Compliance Analyst assesses the accuracy of any testing exceptions or control gaps identified by QA.  The QA Compliance Analyst conducts rebuttal exercises with internal and external stakeholders and reaches a determination at the conclusion of testing and monitoring cycles on what exceptions remain that need to be remediated.  The QA Compliance Analyst conducts periodic training to the QA testing teams, strives to reach agreement with external stakeholders on methods, sample sizes, and criteria, and documents appropriate test plan or processes in departmental job aids.

Principal Duties

Support all aspects of the company’s internal and external quality assurance stakeholders including the creation and execution of policies and compliance monitoring  requirements in compliance with FNMA, FHLMC, HUD, VA, USDA, as well as private client & investor guidelines.  Additionally, industry specific regulations are tested, including but not limited to RESPA, TILA, ECOA, FCRA, FACTA, GLBA, CFPB Regulation X, HMDA, and state-specific restrictions on disclosures, fee restrictions and licensing.Recommend and coordinate updates to compliance quality monitoring compliance policies and practices to ensure regulatory oversight is supported in testing and monitoring routines, and updated when testing gaps are identified.Provide guidance/consultation on testing and monitoring  questions, resolving issues and escalating issues to  management.Provide support for the Privacy, Red Flag and Fraud/ID Theft Program where claims are submitted, research is required, and/or investor notifications are imminent. Provide support for the Fair Servicing monitoring program, including analysis of agency required Servicing HMDA data and practices.Assist in the review of OFAC and BSA routine monitoring.Perform monitoring of key compliance indicators.Facilitate the training of the Call Quality Control Analyst including job aids and training guide documentation.Communicate with the Call Quality Control Analyst concerning findings, overturns completed, and errors made to ensure optimal performance.Consistently meet and exceed established deadlines.

Education and Experience Requirements  

High school diploma or equivalent, required.Bachelor’s degree preferred2-4 years of related experience.2+ years of mortgage servicing  experienceMortgage legal and/or compliance knowledge

Knowledge, Skill, and Ability Requirements  

Detail oriented, excellent organizational skills and ability to handle multiple priorities.Able to effectively interact with managers and members of the functional areas assigned as well as other internal and external stakeholders.Superior computer skills with proficiency in Microsoft Word and Excel.Familiarity with mortgage loan servicing  systems.Able to work with minimal supervision and meet timelines without sacrificing quality.Knowledge of servicing requirements including FNMA, FHLMC, HUD, VA, and USDA as well as industry specific federal regulations.

#LI-NT1

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

Company Perks:
•    15 Paid Time Off (PTO) days and 18 after 1st anniversary!
•    9 Paid Holidays
•    Employee Engagement Activities


 Company Benefits:
•    Medical (including Health Savings Account & Flexible Savings Account)
•    Dental - RX – Vision – Life, Disability Insurance – 401(k) Plan with company match! – Employee Assistance Plan 

•    Performance-based Incentives
•    Pet Insurance

•    Advancement Opportunities

Newrez NOW:

•    Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more
•    1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice
•    Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee

•    Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions


Equal Employment Opportunity 
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

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