Mortgage Compliance Officer in Schaumburg, IL at Pyramid Consulting, Inc

Date Posted: 6/19/2020

Job Snapshot

Job Description

Immediate need for a talented [Mortgage Compliance Officer] with experience in the Industry. This is a Full timeĀ  job opportunity with long-term potential and is located in [Schaumburg, IL]. Please review the job description below.

20-20660

Key Responsibilities:

The Mortgage Compliance Officer is responsible for keeping abreast of new/changed mortgage laws, rules, products, technologies, and applications and assessing and communicating compliance implications for assigned areas.

  • Participate in various business initiatives, identify potential compliance risks and collaborate on solutions.
  • Recognize, document, and assess key risks, control environments and applicable consumer regulations.
  • Design and conduct compliance monitoring activities for assigned area.
  • Maintain thorough understanding of compliance risk of assigned area through ongoing advisory and monitoring activities.
  • Contribute to the Compliance Annual Risk Assessment including gathering and analyzing Key Risk Indicator results, Management Control Assessment results, industry and regulatory emerging risk trends and the adequacy/strength of the control structure.
  • Advise in the resolution of issues, including reviewing and approving corrective action plans ensuring root cause is addressed and remediation occurs as appropriate.
  • Review policy and procedure changes to ensure compliance with all applicable laws, regulations and internal policies.
  • Develop Compliance policy and guidelines.
  • Participate in special projects and fulfill ad hoc requests as needed.
  • Issue management, governance, oversight, and escalation for both Compliance-owned issues/corrective action plans and Business-owned issues/CAPs.


Requirements

  • Strong knowledge of mortgage regulations and origination processes.
  • Strong interpersonal skills with the ability to work collaboratively with people at all levels of the organization.
  • Ability to think critically and respond to the time-sensitive needs of the business.
  • Excellent attention to detail.
  • Strong organizational skills with the ability to track multiple projects at once
  • Minimum of 10 years experience in the mortgage industry.
  • Minimum of 5 years recent management experience in compliance, audit or legal.
  • 4 year degree required
  • Attorney preferred
  • Designation - CRCM preferred

Key Requirements and Technology Experience:

  • Minimum of 10 years experience in the mortgage industry.
  • Minimum of 5 years recent management experience in compliance, audit or legal.
  • 4 year degree required
  • Attorney preferred
  • Designation - CRCM preferred

Our client is a leading Industry Type and we are currently interviewing to fill this and other similar contract positions. If you are interested in this position, please apply online for immediate consideration.

J2W:CB3