Compliance Manager / Loan Closing Associate

Job Description

CoreVest is the leading private lender to residential real estate investors nationwide. We provide long-term mortgage loans for rental properties and short-term financing for acquisitions and fix/flip projects. This position will assist in staying current on compliance with laws and regulations, assist in several responsibilities including providing support to frontline operations, Fair Lending, HMDA, BSA, AML, and OFAC processes. In addition, this position will support in house legal team with loan closing matters on new loan originations.

Responsibilities & Duties

Participate in the definition and development of compliance policies, procedures, and programs

Prepare and file annual reporting (HMDA)

Prepare and file quarterly/annual NMLS reporting

Assist in-house counsel with closing commercial real estate transactions

Interface with and walk borrower teams through due diligence processes

Collect due diligence documents from borrower teams

Review organizational documents and draft organizational charts

Review title documents including surveys, proformas, commitments, and endorsements

Upload transaction documents and details to loan origination and record keeping systems

Interface with outside counsel to deliver due diligence and assist on transactions

Maintain files, forms, and guidelines

Assist Capital Markets and Asset Management teams in finding, reviewing, and summarizing documentation

Ad Hoc reporting/review

Required Education, Experience, & Skills

Bachelor’s degree or NALA Paralegal Certification

Minimum 3 years of experience in mortgage compliance

Familiarity with mortgage loan origination processes

Understanding compliance best practices

Effective written and verbal communication skills

Proficient Word, PowerPoint, and Excel skills

Strong attention to detail and organizational skills

Demonstrated accountability for actions and decisions

A reasonable estimate of the total compensation range for this role is $70,000-$85,000. The actual salary offer to the successful candidate will be based on job-related education, geographic location, training, licensure and certification, and other factors. CoreVest also offers a competitive benefit package including discretionary corporate bonus program, multiple health plans, STD and LTD options, company sponsored life insurance, fitness reimbursement, paid parental leave, time to volunteer, Paid Time off, ESPP, and 401K matching.

At Redwood Trust, we are committed to fostering an inclusive workplace where diversity is valued, and everyone has the opportunity thrive. We welcome applications from individuals of all backgrounds and experiences. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Full-time