Mortgage Compliance Analyst

The role:

The position is responsible for the analysis and validation of Home Loans Loan Origination

System (LOS) data used in HMDA reporting, ensuring the LOS reflects accurate data. This role

involves close collaboration with business stakeholders to identify and resolve risk issues. A

proactive approach to problem-solving is essential, focusing on both immediate issue resolution

and the implementation of safeguards to prevent recurrence.

Outline the reason the job exists here. Document contributions of the role that contribute to the organization’s overall mission.

What you’ll do: 

HMDA Data Validation: Review and validate HMDA data on loan applications to ensure

accuracy and compliance with regulations.

• Problem Solving & Root Cause Analysis: Utilize structured methodologies to

investigate operational issues, identify root causes, and develop sustainable solutions

for risk resolution.

• Risk Mitigation & Control Design: Evaluate process-related risks, then design and

implement controls and preventative measures to ensure regulatory compliance and

adherence to internal policies.

• Business Requirements Gathering: Collaborate with stakeholders to gather and

document comprehensive business requirements for process changes and system

enhancements, specifically for risk mitigation.

• Test Scenario Development & Automation Support: Partner with business users and

IT to define business-focused testing scenarios for system changes and support their

automation to ensure thorough validation and minimize post-implementation issues.

This section should include a full overview of the role including information from a job analysis: what does the individual actually do on a daily basis and what tasks are performed regularly. What does the worksite or workstation look like? Is this a remote role or in office? Outline what essential functions are performed. What are the expectations and expected results for this role? Is overtime or extra-hours work often needed/required? 

Be sure to use inclusive language, if you have questions, the TA Ops team can help! Make sure to avoid age-specific descriptions, gender-specific terms, mentions of race or religion, or verbiage about physical abilities (unless absolutely necessary to perform a role).

What you’ll need:

• Mortgage Experience
• Organized and Attention to Detail
• Problem Solver
• Stakeholder management (ability to communicate across all of mortgage)

What experience and qualifications are required to perform well in this role? Please make sure to include only the required skills and experience. The next section will include preferred or “nice to haves”. 

Include 5-10 education, training, or experience requirements in this section for a well rounded job description. Be sure that each requirement is linked back to the role the individual will be performing on a daily basis. These qualifications should be non-negotiable. 

Examples Include: 

• Minimum Education Requirements such as: High School Diploma or Bachelor’s Degree
• Minimum Experience Requirements such as: 1 year experience in a similar role. Be careful not to require more years than is necessary to gain the minimum qualifications. 
• Knowledge of certain systems, policies, and procedures that are necessary to perform basic job functions right away. 
• Language requirements if consistently partnering with teams that have a large client base with a foreign language. 

Nice to have:

• Experience in Risk Issues
• Automated Testing

This section should include your preferred qualifications, or non-mandatory skills, experience, or education qualifications. While these are not mandatory, they should be seen as good to have qualities that might lead to a higher level of success for an applicant.  

Examples Include: 

• Master’s degree. (For roles that prefer a master’s degree, but only require a bachelor’s degree).
• Knowledge of certain systems, policies, and procedures that might not be easily gained with a short training period.

Why you’ll love working here: Please do not add additional company information or copy into the job description in Greenhouse. This info will automatically post there. 

• Competitive salary packages and bonuses
• Comprehensive medical, dental, vision and life insurance benefits
• Generous vacation and holidays
• Paid parental leave for eligible employees
• 401(k) and education on retirement planning
• Tuition reimbursement on approved programs
• Monthly contribution up to $200 to help you pay off your student loans
• Great health & well-being benefits including: telehealth parental support, subsidized gym program

For Any Remote Roles include: Application Deadline: 08/29/2024

*These benefits are only applicable to full time employees

SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law.

The Company hires the best qualified candidate for the job, without regard to protected characteristics.

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

New York applicants: Notice of Employee Rights

SoFi is committed to embracing diversity. As part of this commitment, SoFi offers reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations to participate in the job application or interview process, please let your recruiter know or email [email protected].

Due to insurance coverage issues, we are unable to accommodate remote work from Hawaii or Alaska at this time.