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DocMagic · 1 week ago

Compliance Analyst I

Torrance, CA

Full-time

Onsite

Mid Level

$70K/yr - $80K/yr

3+ years exp

DocMagic is the leading provider of digital solutions for the eMortgage industry, including regulatory compliance and document generation. The Compliance Analyst I is primarily responsible for ensuring regulatory updates are executed properly and providing support to the compliance team.

AdviceComplianceDeliveryDocument ManagementFinancial ExchangesFinTechInformation TechnologyLegalSoftware

Responsibilities

Provide business acceptance review and testing of regulatory changes to DocMagic products and services, including form template or programming changes, calculation changes, selection logic changes, and both internal and external universe-interface changes

Work with other compliance team members to schedule regulatory changes to meet regulatory and client needs and deadlines and complete both pre-production and post-production validation of changes to meet those deadlines

Support maintenance of multiple production environments with differing configurations from time-to-time, and support customer-specific instances of pre-production and post-production validation of regulatory changes

Create test scenarios for use in both team and individual testing needs, leveraging own experience of mortgage lending to develop test scenarios as needed for a particular regulatory change

Support DocMagic automatic regression testing models with testing scenarios and maintaining loan scenario repositories

Assist with maintenance of compliance content, including customer notification of changes, on DocMagic Compliance Edge website as well as testing and training on content by its proprietary AI tool

Qualification

Regulatory compliance knowledgeFinancial services experienceUser acceptance testingMicrosoft Office proficiencyCommunication skillsProblem-solving skillsTime managementOrganizational skills

Required

Three (3) years of experience within financial services industry including knowledge of legal and regulatory requirements related to mortgage lending activities, specifically knowledge of federal TILA, RESPA, FCRA and HPA requirements, state legal and regulatory requirements as well as investor guidelines, e.g., FNMA/FHLMC, FHA, VA, USDA

Must build strong working relationships with various personalities within DocMagic, including the ability to communicate well with people at all levels at DocMagic

Must work well under pressure in a fast-paced environment and meet multiple and sometimes competing for deadlines

Excellent writing and verbal communication skills needed to effectively present information to employees and management as well as communicate with customers

Experience working with Word, Excel, Outlook, and PowerPoint