Mortgage Compliance Analyst at Sofi

The role:

The position is responsible for the analysis and validation of Home Loans Loan Origination

System (LOS) data used in HMDA reporting, ensuring the LOS reflects accurate data. This role

involves close collaboration with business stakeholders to identify and resolve risk issues. A

proactive approach to problem-solving is essential, focusing on both immediate issue resolution

and the implementation of safeguards to prevent recurrence.

What you’ll do:

HMDA Data Validation: Review and validate HMDA data on loan applications to ensure

accuracy and compliance with regulations.

• Problem Solving: Root Cause Analysis: Utilize structured methodologies to

investigate operational issues, identify root causes, and develop sustainable solutions

for risk resolution.

• Risk Mitigation: Control Design: Evaluate process-related risks, then design and

implement controls and preventative measures to ensure regulatory compliance and

adherence to internal policies.

• Business Requirements Gathering: Collaborate with stakeholders to gather and

document comprehensive business requirements for process changes and system

enhancements, specifically for risk mitigation.

• Test Scenario Development: Automation Support: Partner with business users and

IT to define business-focused testing scenarios for system changes and support their automation to ensure thorough validation and minimize post-implementation issues.

What you’ll need:

• Mortgage Experience
• Organized and Attention to Detail
• Problem Solver
• Stakeholder management (ability to communicate across all of mortgage)

Nice to have:

• Experience in Risk Issues
• Automated Testing

Why you’ll love working here:

• Competitive salary packages and bonuses
• Comprehensive medical, dental, vision and life insurance benefits
• Generous vacation and holidays
• Paid parental leave for eligible employees
• 401(k) and education on retirement planning
• Tuition reimbursement on approved programs
• Monthly contribution up to $200 to help you pay off your student loans
• Great health & well-being benefits including: telehealth parental support, subsidized gym program