Director, Mortgage Underwriting and Complianc

The Indianapolis Neighborhood Housing Partnership now is recruiting for the position of Director of Mortgage Underwriting and Compliance. This role will assist senior management with the development, design, implementation and administration of the organization's underwriting and compliance programs, policies, guidelines and practices. The incumbent will act as the primary administrator of the Encompass loan origination system (LOS) and Mortgage Electronic Registration System (MERS). They also will be responsible for underwriting first and second mortgage loan requests by conducting a careful, detailed analysis of each application to determine whether the loan request meet's INHP's loan policy and complies with federal, state, and local regulations. This individual will be responsible for internal and external compliance reviews, managing mortgage quality control and underwriting relationships and resources as needed to ensure loan production, performance and service levels are in alignment with the organization's goals. In addition, the incumbent must understand and incorporate necessary regulatory compliance in all aspects of department processes including but not limited to: TRID, ECOA, REG B, Fair Housing, the Bank Secrecy Act, etc.

The qualified individual should have a bachelor's degree in a related field or equivalent work experience. In addition, a minimum of five years of experience in underwriting residential loans is required in addition to a thorough understanding of FNMA/FHLMC, FHA/A and non-conforming underwriting guidelines. Knowledge and experience using Encompass 360 is a plus. The individual should also have a thorough understanding of consumer-lending statutes including: Reg B, Reg Z, Reg X, Fair Credit Reporting Act and the Fair Housing Act.