Compliance Specialist
$80,000–$90,000 year
HybridBloomington, Minnesota, United States
Job Summary
Conduct quality control reviews of mortgage loan files to evaluate accuracy, completeness, investor eligibility, and regulatory compliance. Manage the QC program by overseeing pre-funding, post-closing, discretionary, targeted, and vendor-performed reviews while validating findings, defect classifications, and remediation documentation. Coordinate responses to third-party vendor issues, partner with stakeholders to resolve findings, and develop reporting, defect trend analysis, and corrective action plans. Identify process gaps, emerging risks, and control enhancements based on review results. Maintain awareness of mortgage regulations, investor requirements, and internal policies while ensuring strict confidentiality of borrower and company information.
Required Qualifications
- Bachelor's Degree in business-related field or equivalent
- 5+ years of mortgage audit, compliance, and Fannie Mae/Freddie Mac quality control experience
- Advanced knowledge of mortgage loan documentation, investor guidelines, regulatory requirements, and quality control practices
- Knowledge and experience using mortgage origination systems, document imaging platforms, and quality control tools
- Proficient in Microsoft Office Suite, particularly Excel and PowerPoint
- Ability to review complex loan files, identify discrepancies, and document findings in a clear and consistent manner
- Strong attention to detail, analytical thinking, follow-through, and ability to manage deadlines in a production-based environment
- Strong work ethic, sound judgment, and commitment to quality, compliance, and continuous improvement
- Maintaining a reliable, uninterrupted high speed internet connection
Desired Qualifications
- CRCM or CMCP certification(s) preferred
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