Compliance Analyst I, Licensing
Guild Mortgage
full-time
Posted on:
Location Type: Remote
Location: United States
Visit company websiteExplore more
Salary
💰 $22 - $29 per hour
Job Level
About the role
- Responsible for supporting Compliance Management Division to ensure the company is operating in accordance with applicable laws.
- Compliance Analyst, Licensing will ensure Guild remains in good standing with state and federal government agencies including Secretary of State offices, state regulatory agencies, CFPB, and Guild’s investors.
- Review, monitor, and renew Company, branch, and loan originator licenses through the Nationwide Mortgage Licensing System (NMLS).
- Review federal and state legislative changes, complete annual, quarterly, and monthly reports, and Mortgage Call Reports.
- Prepare and submit applications for mortgage lender or general business licensing for the company.
- Identify changes to filing requirements and inform management.
- Prepare and submit city/county and state license filings for branch office openings, closings and address changes.
- Follow up on status of applications, seek assistance to troubleshoot problems/resolve issues, report to management on current status of all applications, and see applications through to completion.
- Monitor continuing education requirements for MLOs and ensure they are met prior to company license renewal.
- At direction of management, periodically perform compliance checks to ensure MLO information is accurate in NMLS and employee files.
- Prepare and submit monthly, quarterly, and annual reports and license renewals (city/county and state).
- Identify changes to filing requirements and inform management.
- Monitor and renew existing company, branch, and loan originator licenses.
- Provide guidance to Loan Officers, Branch Managers, Production, and Servicing regarding licensing matters.
- Maintain tracking system to monitor for deadlines and due dates of various filings and renewals, including license and surety bond spreadsheets.
- Assist in filing the Mortgage Call Report quarterly.
- Notify department manager of any issues encountered during the filing process.
- Review will consist of analyzing data for accuracy and/or identifying discrepancies that should be escalated timely to management to determine an action plan.
- Provide responsive, courteous, and knowledgeable service to Branches and internal departments.
- Use computers to conduct research, including proprietary systems, subscriber databases and internet resources to resolve issues and verify compliance with regulations.
- Prepare and verify that complete files, including supporting documentation, are retained in accordance with required retention periods.
- Escalate issues that represent higher risk and fall outside of scope of responsibility.
- Identify and stay current on changes in industry regulations that impact work product.
- Ensure internal systems are updated as regulations change.
- Anticipate, organize, prioritize, and coordinate administrative responsibilities such as distribution of incoming and outgoing correspondence for the Compliance Management Division.
- Perform other duties and administrative functions as needed.
Requirements
- Bachelor’s degree; along with a minimum of 1+ years of compliance experience is required; consumer lending compliance experience is preferred.
- Highly prefer experience with analyzing data, including, but not limited to the Mortgage Call Report and state-specific mortgage related activity reports.
- Related work experience and/or coursework related to Business, Finance and/or Legal is preferred.
- General knowledge of overall mortgage lending process; prior NMLS, mortgage, lending or related industry experience preferred.
- Strong verbal and written communication skills.
- Strong detail orientation and highly organized.
- Sound judgment, ability to think critically.
- Work independently in a fast-paced environment to complete work following procedures.
- Manage multiple priorities and deadlines; strong sense of urgency and responsiveness.
- Prior experience using PDF/Adobe programs and Microsoft Word, and PowerPoint.
- Advanced MS Excel skills preferred.
- Basic math skills.
Benefits
- medical
- dental
- vision
- life insurance
- AD&D
- LTD
- 401(k) with employer match
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
compliance experiencedata analysismortgage lending processconsumer lending compliancelicense renewalregulatory compliancereport preparationfiling requirementscontinuing education monitoringdiscrepancy identification
Soft Skills
strong verbal communicationstrong written communicationdetail orientationorganizational skillssound judgmentcritical thinkingindependencetime managementresponsivenessability to manage multiple priorities
Certifications
Bachelor's degree