Hometap

Compliance Analyst

Hometap

full-time

Posted on:

Location Type: Remote

Location: Massachusetts • United States

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Salary

💰 $90,000 - $110,000 per year

About the role

  • Conduct compliance monitoring and testing on Hometap's Home Equity Investment (HEI) product and processes to ensure we meet regulatory requirements and internal policies
  • Summarize monitoring and testing results for management, including trend analysis and remediation tracking
  • Help manage consumer complaints by performing root cause analysis, recommending process improvements, tracking remediation, and ensuring responses meet regulatory deadlines and quality standards
  • Monitor risk indicators like QC results, compliance testing, and complaint data to identify potential control gaps and support remediation efforts
  • Partner with business teams to advise on new product offerings and features, ensuring compliance with current and proposed regulations
  • Participate in risk assessments, including control testing and remediation validation
  • Review marketing materials and homeowner-facing scripts for compliance with applicable regulations, including UDAAP
  • Stay current on federal, state, and local regulations relevant to home equity investments, such as Regulation Z (TILA), Regulation V (FCRA), Regulation B (ECOA), UDAAP, the Fair Housing Act, and Interagency Guidance on TPRM
  • Develop and deliver compliance training and communications for employees as needed
  • Keep up with the broader regulatory environment, industry standards, and best practices for financial institutions

Requirements

  • 3+ years of compliance experience in a financial institution, ideally with fintech or complaint management background
  • Experience conducting first or second line of defense control testing
  • Working knowledge of consumer lending or mortgage regulations, particularly UDAAP, Interagency Guidance on TPRM, Regulation Z (TILA), Regulation V (FCRA), and Regulation B (ECOA)
  • Ability to build strong working relationships and partner effectively across all levels of the organization
  • Strong analytical and conceptual thinking skills, with the ability to interpret regulations and turn them into actionable steps
  • Comfortable working independently in a fast-changing environment as the business and regulatory landscape evolves
  • Customer-service mindset with experience collaborating across teams
  • High personal and professional integrity
  • Commitment to diversity and respect for others
  • Bachelor's degree or equivalent experience.
Benefits
  • Competitive compensation
  • Healthcare coverage
  • Generous PTO
  • Meaningful equity package

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
compliance monitoringtestingroot cause analysistrend analysisremediation trackingcontrol testingcompliance trainingconsumer lending regulationsmortgage regulationsUDAAP
Soft skills
analytical thinkingconceptual thinkingrelationship buildingcollaborationindependencecustomer serviceintegritycommitment to diversitycommunicationproblem-solving