Compliance Business Partner

Position Overview
The Compliance Business Partner is responsible for working with various Business Units to ensure polices and processes appropriately address the regulatory risk relative to business activities. As a Compliance team member, the Compliance Business Partner will be actively engaged in monitoring for changes to legal obligations to ensure compliance with applicable federal, state, and local laws, and insurer and investor guidelines impacting a mortgage business. The Compliance Business Partner will provide compliance advice, disseminate relevant compliance information, prepare gap assessments, and oversee remediation plans to ensure the Business Units are performing in accordance with RoundPoint’s Compliance Management System and regulatory requirements. The Compliance Business Partner will collaborate with Internal Audit, Quality Control, Complaints, and other functional areas within the company to foster an open and honest risk management and compliance culture across the Business Units.

The Compliance Business Partner reports to the Vice President of Servicing Compliance. The position regularly interacts with key stakeholders and the senior leadership team.

Responsibilities

• Partnering and collaborating with Business Unit management and other functional areas within Compliance to ensure timely identification, mitigation, resolution, validation/testing, and reporting/escalation of existing, emerging, and upstream regulatory risks and issues
• Researching and analyzing compliance trends and industry benchmarking to prepare for and monitor upstream risks and issues
• Identifying relevant regulatory changes, completing gap assessments, preparing remediation plans, communicating changes, and overseeing the implementation of the remediation plans in collaboration with management of the affected Business Unit
• Attend compliance related business meetings, taking meticulous notes and disseminating meeting minutes and tracking all action items
• Driving corporate governance through functional and cross divisional compliance working groups to advance the culture of compliance throughout the company
• Partnering with the Business Units to develop and review policies, procedures, standards, communications, controls, and tests that operationalize existing, new, or changing regulatory requirements
• Performing meaningful analysis and reporting around regulatory change management, Quality Control, complaint, and compliance activities to identify trends and issues across the company
• Serving as designated Compliance resource and trusted advisor to various Business Units, influencing change and enabling the Regulatory Change Management process to be executed effectively
• Participating in and/or facilitating Business Units’ management, risk, new product, and project meetings and providing regulatory risk advice as well as ongoing information about new and changing regulatory developments
• Incumbent will be responsible for meeting RoundPoint’s commitment to compliance

Qualifications:Required:

• Bachelor’s degree in business or law related field, equivalent education or related training or experience
• Three or more years of mortgage servicing related experience, demonstrating a high level of expertise in a variety of mortgage servicing topics and regulations
• Proficient with Microsoft Office products, including SharePoint
• Strong working knowledge of the compliance obligations associated with a mortgage company
• Experience reading and interpreting regulations, laws, and statutes
• Strong research and writing skills, as well as note taking skills
• Ability to manage and execute multiple complex projects within required timelines

Desired:

• Able to work effectively with others at all levels across the organization and provide authoritative guidance to management and staff within the organization
• Exceptional organizational skills
• Attention to detail
• Familiarity with research tools such as AllRegs and LexisNexis
• Knowledge of Black Knight MSP/Director 7

About RoundPoint Mortgage Servicing LLC
RoundPoint Mortgage Servicing LLC is a fully integrated, non-bank mortgage company, with a subservicing portfolio of approximately 850,000 loans. In 2023, RoundPoint was acquired by Two Harbors Investment Corp. (NYSE: TWO), reaffirming its commitment to MSR as core and essential to our business strategy and our future. A combined Two Harbors and RoundPoint capitalizes on the strengths of both companies, adding significant value for stakeholders through operational and cost efficiencies, as well as the ability to participate more fully in the mortgage finance space as opportunities arise.
Founded in 2009, Two Harbors has grown into a leading publicly traded residential mortgage real estate investment trust (mortgage REIT). We leverage our core competencies of understanding and managing interest rate and prepayment risk to invest in our Agency residential mortgage-backed securities (RMBS) and mortgage servicing rights (MSR) portfolio, with the objective of delivering attractive risk-adjusted returns to our stockholders.

Location

• Fort Mill, SC
• St. Louis Park, MN
• Coppell, TX

Employee Status

• Regular

Travel

• No

Telecommuter Position

• No