Compliance Business Partner

The Compliance Business Partner is responsible for working with all RoundPoint corporate, support, and operational Business Units to ensure the policies, procedures, and processes appropriately address the regulatory risk relative to the business activities. As a Compliance team member, the Compliance Business Partner will be actively engaged in monitoring changes to legal obligations to ensure compliance with applicable federal, state, and local laws, and insurer and investor guidelines. The Compliance Business Partner will be providing compliance advice, disseminating relevant compliance information, preparing gap assessments and overseeing remediation plans to ensure the Business Units are performing in accordance with RoundPoint’s Compliance Management System and regulatory requirements. The Compliance Business Partner will collaborate with Internal Audit, Quality Control, Change Management, Exam Management, and other functional areas within Compliance to foster an open and honest risk management and compliance culture across the Business Units and ensure timely reporting and escalation of regulatory risk issues to RoundPoint’s executive management team. The position regularly interacts with key stakeholders and Business Unit leaders, as well as RoundPoint’s senior leadership team.

Responsibilities:

• Researching and analyzing compliance trends and industry benchmarking to prepare for and monitor risks and issues
• Identifying relevant regulatory changes, completing initial impact assessments, communicating changes, and overseeing the implementation of the action plans in collaboration with management of the affected Business Unit
• Driving corporate governance through functional and cross divisional compliance working groups to advance the culture of compliance throughout the Business Units
• Partnering with the Business Units to develop and review policies, procedures, standards, communications, controls and tests that operationalize existing, new or changing regulatory requirements
• Performing meaningful analysis and reporting around regulatory change management and other Compliance activities to identify trends and issues across the company
• Serving as designated Compliance resource and trusted advisor to various Business Units, influencing change and enabling the Regulatory Change Management process to be executed effectively
• Partnering and collaborating with Business Units’ management and other functional areas within Compliance to ensure timely identification, mitigation, resolution, validation/testing, and reporting/escalation of existing, emerging regulatory risks and issues
• Participating in and/or facilitating Business Units’ management, risk, new product, and project meetings and providing regulatory risk advice as well as ongoing information about new and changing regulatory developments
• Create, update and maintain user documentation including policies, plans, procedures, quick reference guides (QRGs), matrices, and process maps. Update and adjust future editions as necessary, maintaining a detailed revision history
• Coordinates review, approval, and execution of internal quarterly certifications

Qualifications:Required:

• Bachelor’s degree in business or law related field, equivalent education or related training or experience
• Three or more years of mortgage related experience, demonstrating a high level of expertise in a variety of mortgage topics and regulations
• Proficiency with Microsoft Office products
• Strong working knowledge of the compliance obligations associated with a mortgage originations and servicing
• Ability to manage multiple tasks at once. Timeline management and the ability to perform comfortably in a fast-paced deadline-oriented work environment to meet required deliverables
• Experience reading and interpreting regulations, laws, and statutes
• Strong research and writing skills
• Ability to independently manage and execute multiple complex projects within required timelines
• Ability to read, analyze, and interpret technical procedures, to write reports, business correspondence and procedure manuals
• Ability to effectively present information and respond to questions from groups of managers and clients.
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
• Incumbent will be responsible for meeting RoundPoint’s commitment to compliance

Desired:

• Able to work effectively with others at all levels across the organization and provide authoritative guidance to management and staff within the organization
• Exceptional organizational skills
• Attention to detail
• Familiarity with research tools such as AllRegs and LexisNexis
• Knowledge of Black Knight MSP/Director 7 a plus

All fulltime employees of Two Harbors and its subsidiary companies are eligible for our benefits which include:

• Medical / Dental / Vision Insurance
• Life / Disability Insurance
• 401(k) with company matching
• Generous Vacation / Paid Time Off (accrual based)
• Targeted Compensation: $68k – 94k

Physical Demands & Working Conditions
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job:

• The employee is regularly required to talk or hear.
• The employee is required to sit for extended periods of time and is occasionally required to stand and walk.
• The employee must regularly use hands to finger, handle, or feel objects and is regularly required to reach with hands and arms; the employee may occasionally climb or balance, and stoop, kneel, crouch, or crawl.
• The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.
• Specific vision abilities required by this job include close vision, distance vision, color vision, and ability to adjust focus.
• The noise level in the work environment is usually quiet to moderate, and no extreme conditions are present.

About RoundPoint Mortgage Servicing LLC
RoundPoint Mortgage Servicing LLC is a fully integrated, non-bank mortgage company, with a subservicing portfolio of approximately 900,000 loans. In 2023, RoundPoint was acquired by Two Harbors Investment Corp. (NYSE: TWO), reaffirming its commitment to MSR as core and essential to our business strategy and our future. A combined Two Harbors and RoundPoint capitalizes on the strengths of both companies, adding significant value for stakeholders through operational and cost efficiencies, as well as the ability to participate more fully in the mortgage finance space as opportunities arise.
Founded in 2009, Two Harbors has grown into a leading publicly traded residential mortgage real estate investment trust (mortgage REIT). We leverage our core competencies of understanding and managing interest rate and prepayment risk to invest in our Agency residential mortgage-backed securities (RMBS) and mortgage servicing rights (MSR) portfolio, with the objective of delivering attractive risk-adjusted returns to our stockholders.

Location

• Fort Mill, SC
• Minneapolis, MN
• Coppell, TX

Employee Status

• Regular

Travel

• No

Telecommuter Position

• No

Salary : $68,000 - $94,000