Mortgage Risk & Compliance Analyst

Mortgage Risk & Compliance Analyst

Bank of England Mortgage

• Position Summary
• Bank of England Mortgage is seeking a detail-oriented Mortgage Risk & Compliance Analyst to support the company’s quality control, compliance, and risk management functions. This role plays a key part in ensuring mortgage loans meet regulatory requirements, investor guidelines, and internal quality standards.

The analyst will review loan files, analyze underwriting decisions, monitor regulatory compliance, and work closely with underwriting and operations teams to identify trends, mitigate risk, and improve processes.

Key Responsibilities

Conduct pre-funding and post-funding quality control reviews of mortgage loan files.

Evaluate underwriting decisions to ensure compliance with investor guidelines and internal policies.

Identify documentation issues, calculation errors, or compliance concerns during loan file reviews.

Track and analyze adverse underwriting decisions including declines and policy exceptions.

Maintain documentation and reporting related to quality control findings and risk analysis.

Assist with regulatory compliance activities including HMDA data review and reporting.

Generate reports from the loan origination system (Encompass or similar) and analyze data trends.

Monitor regulatory changes and investor guideline updates affecting mortgage operations.

Coordinate verification activities such as employment, deposit, and credit reviews when needed.

Recommend process improvements to strengthen loan quality and compliance.

Qualifications

Education

High School Diploma or GED required

Bachelor’s degree in Business, Finance, Accounting, or related field preferred

Experience

3+ years of mortgage industry experience preferred

Experience in underwriting, loan processing, quality control, compliance, or risk analysis preferred

Skills

Strong analytical and problem-solving skills

Proficiency in Microsoft Excel and reporting tools

Experience with mortgage loan origination systems such as Encompass preferred

Strong attention to detail and organizational skills

Excellent written and verbal communication abilities

• Work Environment
• This position operates in a professional office environment and requires extended periods of computer work, document review, and data analysis.

Why Join Bank of England Mortgage

Collaborative team environment

Opportunities to contribute to operational improvement and risk management

Work closely with underwriting and leadership teams

Bank of England Mortgage is an equal opportunity employer and complies with all applicable federal and state employment laws.