Internal Audit & Regulatory Oversight Specialist

Description

Position Summary

Efinity Mortgage is seeking an experienced Internal Audit & Regulatory Oversight Specialist to lead internal audit initiatives and strengthen regulatory readiness across a multi-state mortgage platform. This role provides independent oversight of Quality Control functions, third-party audit vendors, and state examination processes, while advising leadership on emerging regulatory risks and control effectiveness.

This position plays a critical role in ensuring the integrity, accuracy, and consistency of compliance-related activities through objective validation and audit practices.

Independence & Organizational Structure

This role operates independently from day-to-day Compliance and Quality Control execution. While working in close partnership with the Compliance Manager, the Internal Audit & Regulatory Oversight Specialist provides objective review, validation, and oversight of compliance processes to ensure regulatory alignment and operational integrity.

Responsibilities

Internal Audit & QC Oversight
• Audit internal Quality Control (QC) processes and validate the accuracy and consistency of findings
• Identify gaps between QC reviews and audit outcomes, ensuring alignment and accountability
• Enhance internal audit frameworks, methodologies, and control structures

Third-Party Vendor Oversight
• Oversee third-party QC and audit vendors to ensure consistency, accuracy, and compliance
• Evaluate vendor performance and maintain accountability for deliverables
• Ensure audit standards and expectations are consistently met across external partners

Regulatory Exams & State Oversight
• Assist in managing state regulatory examinations, audits, and responses
• Coordinate documentation, responses, and remediation efforts
• Serve as a subject matter expert on state-level mortgage regulations across multiple jurisdictions

Risk Identification & Reporting
• Identify regulatory, operational, and compliance risks across the organization
• Prepare and deliver executive-level reporting with actionable insights
• Track defect trends and provide recommendations for continuous improvement

Audit Strategy & Continuous Improvement
• Strengthen internal controls and audit processes to enhance regulatory readiness
• Monitor trends in audit findings, QC results, and regulatory feedback
• Partner with leadership to proactively address risks and improve audit outcomes

Key Performance Indicators (KPIs)
• QC vs. Audit Variance: Maintain less than 5% variance between QC and audit findings
• State Exam Results: Achieve zero material findings with timely remediation of any issues
• Defect Trends: Demonstrate measurable improvement in defect rates over time
• Vendor Audit Accuracy: Ensure high-quality, consistent performance from third-party vendors
• Reporting Timeliness: Deliver accurate monthly executive reporting on schedule

Qualifications

• 4-7+ years of experience in mortgage compliance, quality control, or internal audit
• Strong knowledge of multi-state mortgage regulations and agency guidelines
• Proven experience supporting or managing regulatory exams and audit processes
• Strong analytical, critical thinking, and reporting skills
• Ability to work independently while influencing cross-functional teams