THIS IS A DIRECT CLIENT REQUIREMENT !

Those authorized to work without sponsorship are encouraged to apply please.

Reach Saakshi Sahni - PLEASE 703- CALL - 955- NOW -1070

RESPA Compliance Specialist

$$ BEST RATES AVAIALBLE $$

Duration: Long Term Ongoing Project with NO end Date

Direct BANKING Client

Hybrid Role - 1 Day a week onsite in Winchester, VA - 22602 // 4 Days fully remote

Job Description:

To ensure RESPA compliance through careful review of closing documents. Perform basic tasks requiring basic research.

Level I: Work under direct supervision.

Responsibilities:

• Validate processed refunds to ensure the refund processed appropriately in accordance with regulatory guidelines and systems reflect correct dates and dollar amounts
• Generate corrected closing document from the loan origination system
• Generate member notification letters outlining actions taken/needed to ensure adherence to RESPA guidelines for refund and non-refund loans
• Send corrected Closing Disclosure to Borrower and Settlement Agent
• Close tasks as appropriate in MSP
• Maintain knowledge of federal and state closing requirements, as well as mortgage loan products; remain cognizant of changes in regulations to comply with existing requirements
• Document utilizing applicable systems for reporting purposes and ensure compliance with regulations and guideline
• Review scanned mortgage documentation and index the image into the appropriate document type
• Perform other related duties as assigned

Qualifications

• Exposure to mortgage lending principles, concepts and practices including mortgage processing, servicing and underwriting
• Exposure to reviewing/analyzing loans for compliance with Federal/state/county/NCUA/ laws, regulations and policies
• Familiarity with financial institution and lending practices, principles and regulations
• Experience in an accounting or banking operation, preferably dealing with payments, transactions, and balancing
• Experience in member/customer service preferably in a call center/retail banking/financial institution
• Effective knowledge of Conventional, FHA, VA loans
• Effective knowledge of RESPA & TRID guidelines
• Exposure to managing multiple priorities independently and/or in a team environment to achieve goals
• Familiarity with mortgage loan processing, closing and documentation requirements and regulations
• Effective knowledge of Government Loans guaranty
• Effective clerical, technical or administrative skills
• Effective research, analytical, and problem solving skills
• Effective organizational, planning and time management skills
• Effective skill exercising initiative and using good judgment to make sound decisions
• Effective skill following, interpreting and applying relevant data/instructions to guidelines, procedures, practices and regulations
• Effective skill maintaining accuracy with attention to detail and meeting deadlines
• Effective skill performing mathematical calculations and working accurately with numbers
• Effective verbal and written communications skills
• Effective word processing and spreadsheet software skills

Thanks,

Saakshi Sahni

Zillion Technologies Inc.

Director - Talent Acquisition