Due Diligence Compliance Analyst
Maxwell Financial
WHO WE ARE...
Maxwell was founded in 2015 by homebuyers who were shocked by the complexity and inefficiencies of the mortgage process for borrowers and lending teams alike. We’ve created a platform that has not only streamlined the process and made it more efficient - closing loans 45%+ faster - but has made mortgages more accessible in the process. Our mission is clear: democratize mortgages by helping lenders work more efficiently and stay compliant while eliminating the barrier to entry and the stress for the borrower. We are a company focused on a supportive, diverse, and inclusive culture - live through our values of Rigor, Ownership, Curiosity, Kindness, and "Straight Up" - to bring equality to the mortgage process and spread financial empowerment. Intrigued? Read on and say hello!
JOB SUMMARY:
As a Compliance Analyst (for Due Diligence) at Maxwell, you enjoy digging in to ensure loan files and fees are accurate and compliant with regulatory standards. You understand what is needed to properly investigate and validate apparent regulatory compliance violations. To ensure a smooth transition from Compliance Analysis to Credit Review and beyond, you enjoy cross-functional collaboration with our Data Capture, Credit Review and Transaction Management teams.
WHO YOU ARE...
- Ability to meet production quality and service standards
- High technical aptitude - familiarity with Slack, Zoom, GSuite, Microsoft Office
- Strong written and verbal communication skills - analytical ability, good judgement, detail-oriented and organized
WHAT YOU’LL BE DOING…
- Reviewing loan packages, underwriting guidelines, or data files to identify the documentation necessary for the review
- Capture required information from such information, which may include bookmarking the relevant pages where such information can be located, in a designated place
- Audit loans to determine salability or conduct final review of loan documentation for accuracy and completeness
- Identifying and documenting any discrepancies during audit, document issues in the process
- Entering data, fees from LEs, CDs and COCs into system of record and running analysis to test for issues
- Ensuring any exceptions are captured and recorded for incorrect or missing documentation, data errors, and any errors on the LE's and CD’s
- Researching and responding to rebuttals and responses to findings
- Maintaining communication with internal contacts as necessary to ensure expectations and timelines are met; escalating issues, as needed
- Running system logic against information captured and handling any exceptions that may come from the application of this logic against the data captured
- Applying exceptions and handling validations where necessary to ensure a complete and accurate review
- Accurate tracking of the time spent on reviews
IDEALLY, YOU’LL HAVE...
- 3 years of experience in Quality Control/Due Diligence/Secondary Market as well as preferred fraud investigative reviews, specifically within banking or lending (required)
- Knowledge of the principals and compliance regulations and documentation applicable to mortgage lending.
Compensation Range: $60,000 - $65,000/yr.
WHAT WE OFFER YOU
An opportunity to be a key part of an agile team of thinkers and doers collaborating to change a multi-trillion-dollar industry. We offer meaningful equity at a growth-stage company, a competitive salary, top-tier medical, dental, and vision insurance, and flexible work hours and vacation time. Here are our awesome benefits in black
and white:
- Competitive pay and meaningful equity as an employee at a fast-growing, venture-backed company. We want you to participate and make decisions as an owner with our future in mind
- Employee-centric environment - initiatives in place to create an environment of belonging and inclusion and career path plans based on achievable goals and not tenure or nepotism.
- A 401(k) and top-tier insurance plans to select from along with a FSA and HSA where you can set aside pre-tax money for out-of-pocket expenses
- Flexible time off plus all 11 major holidays and 2 floating holidays for your birthday,
religious holiday or other special day of your choice - Two volunteer days - paid days off to volunteer each year at the charity of your choosing
OUR APPLICATION PROCESS
At Maxwell, we value our differences, and we encourage all—especially those whose identities are traditionally underrepresented in tech organizations—to apply. Maxwell is an equal-opportunity employer. We do not discriminate on the basis of race, religion, color, gender expression or identity, sexual orientation, national origin, citizenship, age, marital status, veteran status, disability status, or any other characteristic protected by
law. If you require further accommodations or have questions regarding the accessibility of our roles, please reach out to peopleops@himaxwell.com. All employment decisions at Maxwell are based on a person's merit, business needs, and role requirements. At Maxwell, we're looking for candidates with great experience and alignment with our core values. This is a full-time, salaried role based in Denver, CO.
While we appreciate the interest, we are not accepting opportunities from contingency staffing agencies.