Compliance Officer & Appraisal Desk

Exponential Mortgage is a growing mortgage lender based in Flushing, Queens NYC. We need a hands-on, detail-focused professional to own maintain compliance program and run our appraisal desk. The role is independent of loan production, and pay is not tied to loan volume or closings.

Compliance (about 50%)

• Maintain the compliance management system and written policies covering TRID, RESPA, ECOA/Reg B, HMDA/Reg C, fair lending, FCRA, GLBA privacy and safeguards, UDAAP, SAFE Act, LO compensation, BSA/AML and Red Flags.
• Support the Fannie Mae/Freddie Mac approval process: assemble policies, the QC plan, licensing documents and responses to GSE requests.
• Run the pre-funding and post-closing QC program (in-house and vendor), track findings, and report trends and fixes to management.
• Audit TRID timing, tolerances, changes of circumstance and cures.
• Keep HMDA LAR data accurate and file it each year; prepare quarterly NMLS Mortgage Call Reports.
• Manage company and LO licensing and renewals in NMLS; act as the contact for regulatory exams and investor audits.
• Track regulatory changes (CFPB, FHFA, NYDFS, GSE Selling Guide updates), update procedures and train staff.
• Manage employee training. Review advertising and marketing, keep the complaint log and support vendor oversight.

Appraisal Desk (about 50%)

• Order and manage appraisals through approved AMCs and panels while enforcing the Appraiser Independence Requirements (AIR).
• Review appraisals for completeness and GSE eligibility: UAD compliance, comparable selection, adjustments, condition and quality ratings, and property eligibility.
• Submit appraisals to UCDP; review the SSR, Collateral Underwriter (Fannie) and Loan Collateral Advisor (Freddie) results; clear hard stops and warnings.
• Handle revision requests and reconsiderations of value (ROV) under our written ROV policy.
• Make sure borrowers get valuation copies on time under the ECOA Valuations Rule.
• Recruit appraisers and maintain the AMC and appraiser panel: license checks on the ASC National Registry, exclusionary-list screening and performance scorecards.
• Order and track CDAs, desk, field reviews, BPO, and 1004Ds; monitor turn times and fees.
• Workflow automation with AI.

Requirements

• At least 1 year of mortgage compliance, quality control, appraisal desk, collateral review or AMC experience.
• Working knowledge of TRID, HMDA, ECOA, AIR and the Fannie Mae/Freddie Mac Selling Guides.
• Familiarity with UCDP, SSR, CU and LCA, and UAD reporting.
• LOS experience; Encompass preferred.
• Strong writing, organization and Excel skills; able to manage deadlines across many loans.
• Hybird: Monday and Thursday at our Flushing, Queens office. work remotely for the rest of the week.

Preferred

• 2+ years of experience, or experience with a GSE approval, investor/warehouse audit or state exam.
• Experience with the redesigned URAR (UAD 3.6).
• CRCM, MBA AMP or similar compliance credentials; a background as an appraiser trainee, licensed appraiser or AMC reviewer.
• HMDA filing experience.