at UBS
Bulge Bracket Investment BanksPosted 13 days ago
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**Client Associate | Mortgage Compliance & Quality Control** Conduct thorough reviews of residential mortgage loans for adherence to consumer compliance regulations (TILA, RESPA, ECOA, FCRA, Flood) and bank policies. Verify accuracy of HMDA data in mortgage applications and quality reports, ensuring regulatory compliance. Analyze mortgage loan documents, propose corrective actions, and maintain data on various systems. Essential skills include proficiency in mortgage compliance, solid analytical abilities, and excellent oral/written communication. Requires 1-3 years of related experience.
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Full Job Description
| Perform reviews of residential mortgage loan originations to ensure compliance with applicable consumer compliance regulations (including but not limited to TILA, RESPA,, ECOA, FCRA, Flood), and Bank policy/procedure. Perform reviews of quality and validity reports for residential and commercial mortgages to ensure accuracy of Home Mortgage Disclosure Act (HMDA) data being collected. Perform reviews of HMDA-reportable applications for residential and commercial mortgages to ensure the accuracy of HMDA data being collected. Perform reviews of the vendors assessment of the Banks compliance with servicing-related consumer compliance regulations. Demonstrate the ability to assist performing a detailed analysis of mortgage loan documents and their compliance with applicable federal and state regulations and with Bank policy and procedure. Assist in organizing and maintaining data using various systems. Document and communicate the results of the reviews. Recommend reasonable corrective action relative to quality control findings. Assist with timely and accurate reporting of all quality control findings, action plans and root cause analyses. Appropriately raise and/or escalate problems and issues to management. Have a friendly, positive and professional demeanor and a willingness to grow. Provide excellent oral and written communications (detail-oriented). | Show more Lending Quality Control Analyst |
