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Secondary Market/Compliance Specialist


Nashua, New hampshire


Secondary Market/Compliance Specialist Job Opening in Nashua, New hampshire - The essential requirements for this position include, but are not limited to:
Performs daily operations of the secondary mortgage system (Encompass).
Develops/maintains policies and procedures for secondary loan activities. Conducts periodic reviews of existing systems and procedures to ensure maximum efficiency and legal compliance. Recommends improvements in lending and funding practices which will further the objectives of the Credit Union.
Analyses loan data reports, notify management of any corrective action. Reconcile GL and TCU secondary loan accounts.
Ensure all mortgage lending activities are in compliance with established policies, procedures, rules and regulations.
Perform monthly audits.
Review and deliver rate change analysis notices to members.
Works with underwriter/auditor as the back-up.
Other duties as assigned.
Experience:
3-5 years of related/similar experience
Secondary Market experience is required
Experience with Freddie Mac desired
Experience with Encompass a plus
Knowledge/Skills:
Extensive knowledge of consumer, commercial and real estate lending practices and procedures
Strong analytical skills
Microsoft office spreadsheet and word processing software
NMLS # a plus
Physical Requirements:
Sitting in office environment
Bending, reaching, typing, filing
Education:
Equivalent to a college degree (Associate or BS or BA in a relevant field)
Job Type: Full-time
Required education:
Bachelor's
Required experience:
Secondary Market: 2 years

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