As a Pre-Purchase Compliance Specialist, you will be responsible for reviewing TRID documents for completeness and meet regulatory and investor guidelines. You will assist the Pre-Purchase teams in resolving regulatory fails, work daily reports and assist internal and external customers through system generated work assignments and email requests.
Job Responsibilities
- Review escalated work requests from internal and external partners
- Review procedures and understand how to properly apply them when reviewing loans.
- Validate client documentation is executed properly and accurately according to Chase purchasing requirements
- Appropriately place conditions on loans for Correspondent to review when the provided documentation doesn't meet guidelines
- Maintain production and quality levels on all loans reviewed
- Work daily and weekly reports
Required Qualifications, Capabilities, and Skills
- Minimum of 3+ years of TRID knowledge
- Must have excellent written and verbal communication skills
- Must have mortgage loan origination, processing or closing experience
- Must have an understanding of mortgage closing documents
- Must be detail oriented with a strong emphasis on quality and production
- Must be able to evaluate and analyze loan level information in order to determine the appropriate action
- Must be able to perform in a fast-paced production environment
- Must be able to read and interpret a Mavent report or any Compliance report
Preferred Qualifications, Capabilities, and Skills