Mortgage Compliance QA Specialist
OVM Financial is searching for an experienced mortgage compliance QA specialist to join our Compliance Department. The ideal candidate for this position will have at least two years of experience working in a compliance role. The job duties will primarily focus on quality assurance to ensure that all mortgage loans comply with state and federal guidelines.
- Review all closed loans for regulatory Compliance (meet State and Federal guidelines)
- Responsible for assisting in State Regulatory examination (compiling loan, pre-exam audit, etc.)
- Communicating all compliance items to Loan Originators monthly and obtaining compliance deficiencies to clear items
- Review of QC audits and findings to respond and report to Compliance Manager
- Monitoring of RESPA initial disclosures through Encompass Dashboard to report out of compliance items to Loan Originators
- Participate in compliance reviews
- Responsible for accurately recording audit findings in a professional manner
Required Knowledge, Skills, and Abilities:
- Two years of mortgage compliance experience and/or quality control
- Experience in closed mortgage loan files: Conventional, FHA, VA, and USDA
- Strong knowledge of Fannie/Freddie Underwriting Guidelines
- Strong knowledge of TRID as well as other federal and state mortgage regulations
- Exceptional ability to define problems, collect data, establish facts, and draw valid conclusions.
- Knowledge of the Encompass Loan Operating System a plus
- Ability to maintain and adhere to all company policies, including those regarding confidentiality and privacy
- Requires excellent written and verbal communication skills, computer proficiency, and eye for detail
- Strong communication skills and attention to detail
- Must be able to work in a fast-paced environment meeting daily production requirements while being able to remain professional
- Must be able to work independently without constant management supervision
Working On Our Team
Every company has a secret weapon. Ours isn’t so secret. Our employees’ overall work experience directly translates to our client’s level of satisfaction with their lending experience. That’s why the OVM Financial office is no stranger to morning coffee rituals, mid-week surprises, annual traditions, or the recognition of a job well done! “Company Culture” isn’t an expression, it’s a feeling, and when you walk through the halls of our corporate office, we know that you will feel it too!
About OVM Financial
From our visionary opening in 2001, OVM Financial has taken what the mortgage industry has typically done and flipped it upside down – offering our customers, employees, and partners an experience like none other. Our core values of honesty, accountability, and integrity define who we are. Our success is not solely determined by profit and loss, but rather by the friends and families that benefit from our hard work. We understand that there is no larger financial decision made in a person’s life than that of homeownership, and we exist to ensure that the outcome of each transaction is smooth, informative, on-time, and life-changing. It is our goal to become our client’s mortgage provider for life by treating the entire process with the respect and care it deserves. OVM Financial is an independently owned and operated retail mortgage lender serving VA, NC, SC, GA, TN, MD, and FL. We have several branches and satellite office locations with the bulk of our operations team located at our corporate headquarters in Virginia Beach, VA. For five years running, we have been recognized by Inc. 5000 as one of America’s fastest-growing private companies.
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