Lending Compliance Analyst

Position Overview

• Location Type: Not Specified
• Job Type: Not Specified
• Salary: $72,000 - $95,000 USD (New York City Base Compensation)

Valon's mission is to empower homeowners by creating a seamless, secure, and financially informed homeownership experience. We are seeking a highly motivated Lending Compliance Analyst to join our Legal, Risk, and Compliance team. This role will focus on supporting the compliance functions of Valon's Lending business area, ensuring adherence to regulations and best practices within the mortgage industry.

About the Company

Valon is transforming the mortgage servicing industry by leveraging technology to improve the homeowner experience. Our growing team is dedicated to providing ease, security, and financial know-how to homeowners. The Compliance team specifically aims to build a platform that supports exceptional service from mortgage servicers and MLOs, while offering a transparent product experience to homeowners.

About the Role

As a Lending Compliance Analyst, you will be instrumental in driving the compliance functions for our Lending operations. You will collaborate closely with business partners in Lending to manage key compliance activities, including disclosure reviews, testing, monitoring for ECOA compliance, interest rate lock reconciliation, adverse action reviews, change management reviews, MLO quality assurance, and administration of FHA Connection and VALERI systems. You will be part of a collaborative team of critical thinkers navigating the complexities of the mortgage sector within a fast-growing, technology-focused business.

Responsibilities

• Own and become the lending expert of TRID disclosure timelines.
• Understand and assist Mortgage Loan Originators (MLOs) on fee analysis.
• Monitor for Equal Credit Opportunity Act (ECOA) compliance.
• Review and reconcile interest rate locks.
• Perform Encompass billing reconciliations.
• Review and manage Adverse Action second level reviews.
• Monitor and test the lending change management process.
• Perform targeted compliance testing as needed.
• Assist with regulatory submissions of Home Mortgage Disclosure Act (HMDA) data and Nationwide Multistate Licensing System (NMLS) Call Reports.
• Assist with state-required reporting as needed.

Ideal Background

• Minimum of 3+ years of Encompass experience.
• Experience with the Vesta Loan Origination System (LOS) is preferred, but not required.
• Understanding of Mortgage Call Report (MCR) and HMDA submission processes.
• Working knowledge of TRID disclosure timelines.
• Ability to administer FHA Connection and VA’s VALERI systems.

What Valon Offers

• Compensation: Competitive salary and 401k plan.
• Health & Well-being: Comprehensive medical, dental, and vision benefits.
• Commuter Benefits: Pre-tax deductions for public transportation, rideshare services, and parking expenses.
• Growth Opportunities: Company-wide orientation, learning and development opportunities, and regular review cycles with 360-degree feedback.
• Generous Time Off: Flexible paid time off, sick days, and 11 company holidays.
• Parental Leave: 12 weeks of fully paid baby bonding time for both birthing and non-birthing parents.

Application Instructions & Important Information

• Emails regarding job opportunities will only come from valon.com addresses.
• Personally identifiable information will not be requested during the interview process.
• To verify the authenticity of any outreach, please contact talent@valon.com.