Compliance Assistant

Job Description

Job Description

Description:

As the Compliance Assistant at Compass Mortgage, you will play a vital role in protecting our company’s integrity and supporting our risk management framework. You will assist in ensuring our day-to-day operations adhere to the complex web of mortgage lending regulations. Your role will involve fielding compliance-related questions from fellow team members, conducting detailed loan file reviews, and providing essential administrative support to the compliance department. This position is ideal for a meticulous, detail-oriented professional eager to grow their career in regulatory compliance and help uphold our reputation for ethical lending.

Responsibilities

• Advisory & Training: You will act as a point of contact to provide clear and timely guidance to Loan Officers and operational staff on compliance-related questions and scenarios. This role also includes assisting in the development of training materials and evaluating current procedures to ensure total regulatory compliance.
• File Review: You will conduct routine and targeted file reviews to ensure strict adherence to all state and federal regulations (e.g., TRID, RESPA, ECOA). Responsibilities include translating findings into actionable reports and summarizing results for management.
• Policy Monitoring: You will assist across various departments to ensure that internal policies and procedures remain firmly in place, are actively being followed, and align with established company standards.

• Analytical & Problem-Solving Skills: An exceptional eye for detail with the ability to review data, spot inconsistencies, and approach problems logically. While mortgage experience isn't required, you must possess the ability to read, interpret, and learn to apply complex guidelines and regulations.
• Self-Motivation & Mindset: A highly organized, self-sufficient professional who takes initiative and is comfortable managing multiple tasks and deadlines. You possess a strong desire to learn, ask questions, and continuously build your knowledge base.
• Communication & Interpersonal Skills : Excellent written and verbal communication skills. You can confidently field internal questions, collaborate across departments, and explain processes or guidelines to colleagues in a clear, professional, and concise manner.
• Technical Aptitude & Data Comfort: Proficient with standard office technology (e.g., Microsoft Office Suite, specifically Excel) and a demonstrated ability to quickly learn new software systems.

Preferred

• Prior experience in the mortgage banking industry and familiarity with federal and state mortgage lending laws, including but limited to TRID, RESPA, ECOA, TILA, or HMDA.
• Direct experience with Loan Origination Software (LOS), such as Encompass.