Mortgage Origination Compliance Program Manager

Cornerstone Capital Bank

$90K — $120K *
US-AnywhereRemote in Houston, TX
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience required
  • Minimum of 5 years in mortgage compliance
  • Strong knowledge of federal and state mortgage laws
  • Familiarity with regulatory enforcement trends
  • Excellent communication and organizational skills
  • Proficient in Microsoft Office and strong research abilities
  • Analytical reasoning and problem-solving skills

Responsibilities

  • Support compliance policy and procedure development
  • Track changes to laws and regulations
  • Review disclosures for accuracy and completeness
  • Conduct vendor risk assessments
  • Collaborate to ensure timely compliance implementations
  • Manage compliance program activities and remediation
  • Maintain a review schedule for regulatory disclosures

Benefits

  • Medical, Dental, Vision insurance
  • Accidental Death and Long-Term Disability coverage
  • 401K with company contributions
  • Paid Parental Leave
  • Opportunities for performance-based bonuses
Full Job Description
Who we are looking for:
The Mortgage Originations Compliance Program Manager develops, collaborates, and administers aspects of the compliance risk management program for Cornerstone Home Lending ("CHL"), a division of Cornerstone Capital Bank ("Bank"), and its Affiliates. This position works with business line managers
and subject matter experts, including other Enterprise Risk Management ("ERM") partners, to help ensure CHL and its Affiliates are operating in compliance with applicable laws, rules, and regulations ("LRRs") in mortgage lending.

NO THIRD PARTY AGENCIES

What you'll do:

  • Support the development and implementation of policies, procedures, and other compliance program elements for CHL and its Affiliates.
  • Assist in tracking changes and updates to LRRs, regulatory agency policy statements, and guidance to identify when new or revised disclosures, policies or procedures are needed.
  • Periodically review current disclosures, policies, and procedures to ensure accuracy and completeness.
  • Conduct periodic vendor risk assessments to identify and evaluate potential risks.
  • Work with ERM partners and the line of business to ensure compliance changes are implemented timely.
  • Ensure completion of risk governance and compliance program activities, as assigned, to include remediation and progression through the issue management lifecycle.
  • Work with management to develop and adhere to an internal mortgage origination state and federal regulatory disclosure review schedule.
  • Act as a backup for regulatory exams, consumer complaints, and other responsibilities as needed.
  • Work on other assigned compliance-related projects, as needed.


What you'll need to be successful:

Success in this job relies on your time management skills, organization, and positive attitude. In addition, you'll need the following qualifications:

  • Bachelor's or equivalent experience required
  • This position requires a minimum of 5 years of experience working in mortgage compliance.
  • Strong knowledge of federal and state laws applicable to mortgage;
  • Familiarity with the regulatory landscape, including trends with enforcement actions taken, and remediating regulatory findings;
  • Excellent communication (verbal and written) and organizational skills; working directly with regulators and senior management;
  • Strong research and computer skills, proficiency with Microsoft Office;
  • Strong analytical reasoning, problem-solving, and critical thinking skills;
  • Ability to pay significant attention to detail, multitask, and meet deadlines.


What we offer:

Because we recognize and reward hard work, we offer a competitive salary, Medical, Dental, Vision, Accidental Death, Long-Term Disability, Short-Term Disability, FSA, HSA, 401K, Basic Life, Voluntary Life, and Paid Parental Leave benefits, as well as the opportunity for a performance based bonus based on position and department.

What to do next: If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're part of our Cornerstone family, we'll continue to invest in you as a valuable asset in our company. As many of our team members can tell you, there's something special about working at Cornerstone.

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