Compliance Analyst

Northmarq is a unique capital markets resource for commercial real estate investors, providing access to experts in various financial services. They are seeking a detail-oriented Compliance Analyst to ensure adherence to regulatory requirements and support compliance-related improvements within the Loan Servicing Operations Department.

Responsibilities

• Represent Northmarq in the coordination of various audits by corresponding with internal and external auditors, organizing audit requests, and collaborating with internal departments to meet deadlines
• Compile and deliver monthly reports to lenders, ensuring accuracy, professional communication, timely submission, and adherence to lender guidelines
• Utilize data analysis to identify trends, pinpoint inaccuracies, evaluate risks, and propose actionable solutions, contributing to ongoing compliance enhancements and operational efficiency
• Coordinate and submit monthly and quarterly certifications for lender receipt, compiling data in accordance with relevant policies and procedures
• Manage the full lifecycle of New Portfolio Setups, ensuring complete and accurate data population based on nuances in the Service Agreement(s)
• Ensure the Servicing Division adheres to all compliance standards, including annual compliance processing, loan delinquency reporting to senior management, and internal/external audit facilitation
• Update the Servicing System and notify appropriate internal parties during the securitization process, ensuring communication, portfolio creation, and documentation are processed per procedures
• Support the growing Servicing business by setting up and maintaining accurate lender information within the Servicing System
• Communicate lender guide updates and highlight impactful changes to all servicing business units and ensure all necessary process are amended to meet the new requirements
• Provide project support to Compliance team initiatives as directed by the manager
• Offer occasional backup support to other Servicing Operations teams as needed
• Ensure vendor management requirements are adhered to, aligning with organizational standards and regulatory compliance

Skills

• Bachelor's degree in Business, Finance, Law, or related field, or equivalent experience
• 1-3 years of Operations or Compliance experience preferred, but not required
• Working knowledge of Microsoft Office software (Excel, Word, Adobe, Outlook, PowerPoint)
• Ability to interpret and apply rules, regulations, and agency guides and evaluate Northmarq procedures to ensure compliance
• Demonstrated ability to work under pressure; plan, set and adhere to time constraints
• Excellent written and verbal communication skills
• Strong organizational skills
• Demonstrate premier customer service and communication to Lenders, Borrowers, internal NorthMarq staff, and Auditors
• Ability to handle multiple tasks, prioritize and meet deadlines
• Maintain a work product that reflects strong attention to detail and a high level of accuracy
• Strong recall and application of prior experience in independent problem resolution
• Demonstrates strong initiative and the ability to work independently with minimal supervision
• Familiarity with commercial loan terminology preferred, but not required
• 1-3 years of Operations or Compliance experience preferred, but not required

Benefits

• Medical
• Dental
• Vision
• Paid time off
• 401K match and an annual discretionary contribution based on business performance
• Paid parental leave and adoption assistance
• Education assistance
• Volunteer paid time off
• Charitable contribution match

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