Quick Overview
Job Description
Established in 1991, Collabera has been a leader in IT staffing for over 22 years and is one of the largest diversity IT staffing firms in the industry. As a half a billion dollar IT company, with more than 9,000 professionals across 30+ offices, Collabera offers comprehensive, cost-effective IT staffing & IT Services. We provide services to Fortune 500 and mid-size companies to meet their talent needs with high quality IT resources through Staff Augmentation, Global Talent Management, Value Added Services through CLASS (Competency Leveraged Advanced Staffing & Solutions) Permanent Placement Services and Vendor Management Programs.
Collabera recognizes true potential of human capital and provides people the right opportunities for growth and professional excellence. Collabera offers a full range of benefits to its employees including paid vacations, holidays, personal days, Medical, Dental and Vision insurance, 401K retirement savings plan, Life Insurance, Disability Insurance.
- Experience in mortgage loan servicing or non-mortgage loan servicing.
- Tracks, reviews and communicates pending and passed US federal regulations, agency guidelines or directives to impacted business units to ensure ongoing product compliance.
- Works with development groups to review and approve project requirements and design documents that pertain to or impact regulatory compliance and assists in setting priorities for regulatory issues that must be addressed by the business.
- Responds to internal and external client matters pertaining to product compliance and assists in providing final disposition of any discrepancies.
- Performs periodic reviews and audits of products and services to validate compliance with high risk regulations or detect regulatory violations, weak controls or other potential areas of exposure.
General Duties & Responsibilities:
- Monitors and communicates regulatory changes that impact client products and services to internal and external customers.
- Conducts compliance assessments and provides direction on any deficiencies resulting from scheduled product reviews.
- Manages direction for development design specifications for compliance issues.
- Provides compliance reviews and direction for new and expanding products.
- Participates in development of compliance sessions/presentations.
- Participates in internal Education sessions promoting compliance awareness.
- Provides updates for monthly internal and external compliance reports.
- Meets with application product compliance liaisons on a regular basis for status updates on compliance issues.
- Interfaces with legal counsel and federal, state, and local agencies, as needed to resolve regulatory issues.
- Participates in compliance core group committee as needed.
- Participates in annual IRS and year-end processing modification project.
- Monitors and ensures timeline check-points are met for compliance projects.
- Responds to customer-specific questions.
- Coordinates development of customer communications related to compliance issues.
- Assists in comment letters responding to Federal Agencies’ regulatory issues.
- Participates with and/or leads customer focus and advisory groups.
- Directs and approves internal and customer communications covering compliance issues (bulletins, position statements, monthly reports, etc.).
To know more on this position or to schedule an interview please contact:
Vishwas Jaggi
973-475-7482
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