Compliance Specialist - Originations (Remote)

As a Compliance Specialist - Originations at Cascade Financial Services, you'll provide essential regulatory compliance guidance to mitigate operational risks. Your role involves understanding various consumer lending regulations and finding sustainable solutions that align with our company's goals while supporting the loan origination team.

To qualify for the Compliance Specialist - Originations role at Cascade Financial Services, candidates should possess a bachelor's degree and have 5-7 years of mortgage experience, particularly in compliance and risk management. CRCM or similar designations are advantageous, as is proficiency with software tools like Encompass and Mavent.

Cascade Financial Services is dedicated to supporting its Compliance Specialists through a positive work culture that emphasizes growth and teamwork. You'll have access to continuous development opportunities and will work alongside skilled professionals in an environment that values your contributions.

The work environment for a Compliance Specialist - Originations at Cascade Financial Services is remote, providing ample flexibility. Our culture emphasizes work/life balance, collaboration, and fostering strong relationships, ensuring you feel part of a family-like team no matter where you work from.

Key responsibilities of the Compliance Specialist - Originations at Cascade Financial Services include providing compliance guidance, answering questions from the loan origination team, preparing reports, managing consumer complaints, and identifying process improvement opportunities, all while maintaining compliance with lending regulations.

To stay updated with changes in compliance regulations, I regularly engage in professional development opportunities, subscribe to industry newsletters, and participate in webinars related to compliance. This proactive approach ensures I remain knowledgeable about current trends and maintain compliance within our operational framework.

Absolutely! My experience with consumer lending regulations includes comprehensive knowledge of laws like ECOA, TRID, and HMDA. I’ve applied this knowledge in prior roles to help develop compliance strategies and ensure that operational practices align with regulatory standards.

When managing competing priorities, I use effective time management techniques, such as prioritizing tasks based on urgency and importance. I also communicate with my team to ensure we are aligned on goals and deadlines, which helps create a structured approach to handling multiple projects.

When addressing consumer complaints, I first gather all necessary details to understand the issue fully. Then, I analyze the complaint to determine its root cause and collaborate with relevant teams to formulate a resolution, ensuring effective communication with the consumer throughout the process.

In my previous role, I identified a bottleneck in our compliance reporting process. I developed a streamlined approach that involved automation tools, which significantly reduced the time taken to generate reports while also enhancing accuracy. The end result was a more efficient system that benefitted the entire team.

Collaboration is crucial in compliance management as it brings together diverse perspectives and expertise. I prioritize building strong relationships with colleagues from various departments to ensure that compliance is integrated into all operational functions and understood throughout the organization.

I approach compliance training by first assessing the team's current knowledge and identifying any gaps. I then develop tailored training sessions that engage participants through real-world examples and interactive discussions, ensuring that everyone understands compliance's importance in their daily responsibilities.

I utilize various tools for compliance reporting, including Encompass for loan documentation and Mavent for regulatory compliance checks. These tools enable me to efficiently gather data, analyze compliance metrics, and generate reports that help improve our processes.

In a previous role, I was faced with a complex compliance issue regarding multi-state regulations. I took the initiative to consult with legal advisors while researching each state's requirements, which helped me develop a comprehensive compliance strategy that was implemented company-wide.

I am motivated by the impactful role compliance plays in protecting consumers and upholding industry standards. Knowing that my work contributes to a fair and equitable lending process gives me a sense of purpose and drives me to continuously enhance my skills in this ever-evolving field.