Summary:

The Compliance Assistant I works with the Director of Compliance to help oversee and implement the company’s compliance program. The Compliance Assistant I provides support with regulatory compliance matters including regulation monitoring and review, policy and procedure implementation and review, and audit functions. The Compliance Assistant I works with the Director of Compliance to assess, develop and implement new policies and procedures as a result of changes in state and/or federal regulations.

Job Duties:

The Compliance Assistant I will be responsible for completing the following job duties. 

• Become familiar with applicable regulations and internal policies and procedures to achieve the assigned duties.
• Work collaboratively with management and business units to ensure the business is complying with all state and federal laws and regulations, including but not limited to TILA, RESPA, ECOA, CFPB, HUD and AML requirements.
• Ensure adequate policies and procedures exist regarding compliance laws. Recommend improvement/development of processes, procedures and training.
• Monitor and assist with implementation of compliance improvements to address deficiencies cited during transaction testing, Pre-Funding QA and Post-Closing QC.
• Review and process file cancellations as requested by Sales and/or Operations within specified timeframes to meet ECOA Reg B.
• Perform monthly transaction testing as assigned by the Director of Compliance to confirm established policies and procedures are followed.
• Prepare and present a summary of findings to the Director of Compliance for review.
• Assist management in identifying trends for possible targeted reviews or additional training.
• Responsible for complying with the BSA/AML policy 
• Required to attend classroom or online BSA/AML training annually
• Other duties as assigned

This job description reflects management’s assignment of essential functions; and nothing in this herein restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

Qualifications:

The following qualification are required of the Compliance Assistant I

Education:

• A college degree with four years related experience and/or training. A combination of equivalent education and experience is acceptable.

Experience:

• Previous experience in the mortgage industry with understanding of loan processing and compliance is preferred but not required.

Skills

• Customer service skills
• Time management skills
• Written communication skills
• Verbal communication skills
• Team player
• Multi-tasking
• Detail orientated
• Organizational skills 
• Problem solving skills
• Independent Judgement
• Working knowledge in using Microsoft Word, Excel, Outlook, PowerPoint
• Integrity, dependability, honesty and a willingness to learn
• Ability to follow directions

This is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed as assigned.

EOE Statement

Premium Mortgage Corporation provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. 

Compensation Statement

The salary range for this position is $19.71 to $20.67 an hour. This is the range of the base pay only, it does not include other components that make up the total compensation package of the position. If offered a position, your total compensation package will be determined by experience, location, skills and/or education which may result in a total compensation package that falls outside the provided range.