Intermediate Auditor Compliance

Position Title: Intermediate Compliance Auditor (Non – LO – No Consumer Contact)                                         

Department:  Compliance Audit                                                                        Job Status:  ­­­­­­­­­­­­­­­­­­Full-Time/Salary

Reports to:  Compliance Audit Supervisor                                                       Amount of Travel:  As needed

Vanderbilt Mortgage and Finance, Inc. (VMF) was established in 1974 and currently services over 150,000 loans. Our strength as an organization is rooted in the quality of our people and products. We are an equal opportunity employer committed to creating a diverse workforce.  Furthermore, we are financially strong, with a reputation for leading the industry with unsurpassed products, a broad range of services, and a coast-to-coast presence.  We are professionally strong, from entry level to more experienced positions, we are actively recruiting individuals who are passionate, positive, and eager to learn. As a member of our team, we will equip you for success. You will enjoy excellent benefits, opportunities for growth, and an encouraging culture that supports work-life balance.

The Intermediate Compliance Auditor completes and reports on moderately advanced operational, process and compliance audits. This position reports to the Compliance Audit Supervisor and performs departmental peer reviews on audit reports, audit workpapers and provides recommendations for enhancements. This position may also be assigned GSE Audits and/or BSA/AML responsibilities.

Audit Management

• Conducts assigned moderately advanced audits on a monthly, quarterly, semi-annual, or annual basis.
• Maintains individual audit timelines and meets deadlines.
• Performs preset audits with some audit development opportunities.
• Creates and performs process moderately advanced audits as assigned.
• Conducts formal kick off meetings and closing meetings for process audits to verify transparency with the business during audits.
• Reviews processes to determine if any potential compliance or efficiency gaps exist.
• Recommends process improvements based off of audit results.
• Utilizes various scoping and sampling methodologies to gather and interpret data.
• Completes regulatory research, policy and procedures reviews, and assessments of training materials.

Approx % of Time Performing Duty:

55%

Communication/Relationship Building

• Consults with managers and programmers regarding intermediate compliance issues.
• Documents audit procedures and methodologies.
• Facilitates preliminary findings discussions and meetings.
• Communicates audit results to relevant stakeholders through written and verbal settings.
• Composes audit reports professionally and presents moderately complex information clearly.
• Conducts follow-ups to verify corrective action has been completed if it is outstanding at the time of the audit report issuance.
• Collaborates with business groups and maintains professional working relationships.

Completes Projects and Offers Guidance

• Performs reviews of drafted audit reports for peers prior to supervisor review.
• Completes quarterly departmental peer audit reviews and recommends improvements.
• Travels annually to complete an asset focused field audit as needed.
• Conducts continuous monitoring of various intermediate processes.
• Completes management requested research or projects.
• Leads subcommittee meetings.
• Works with Lead Compliance Auditor to conduct departmental trainings and communicates updates on process changes when applicable.

Continuous Improvement and Professional Development

• Analyzes intermediate audits for enhancements and/or automation opportunities and implements with limited oversight.
• Maintains strong knowledge on regulations, rules, and processes.

• Achieves satisfactory performance evaluations and applies feedback to audits.
• Attends industry and company trainings and webinars.
• Communicates process enhancements as well as training materials to the Compliance Audit team.
• Collaborates with business groups and maintains professional working relationships.

Other duties as assigned

This job description is not an exhaustive list of all the functions that a team member and other duties may be assigned.

QUALIFICATIONS:

• 4-year Bachelor’s degree required, preferably in Business Administration with an Accounting or Finance major.
• 2 years’ related experience required.
• Ability to manage multiple and/or conflicting responsibilities and deadlines, complete tasks timely and follow-up as needed.
• Excellent communication skills with the ability to communicate effectively and efficiently via phone, email, and person to person.
• Plans and carries out tasks independently, resolves potential conflicts with limited oversight, and coordinates work with others.
• Professional, well-organized, thorough, pro-active, committed, urgent, and a resourceful problem solver.
• Self-starter with great attention to detail and organizational skills.
• Strong ability in using logical, strategic, and critical thinking for gathering facts accurately, analyzing causes, evaluating alternate solutions, and arriving at sound conclusions on action to be taken.
• Ability to work effectively in a hybrid work environment (2-3 days a week remote work)
• Understanding and application of auditing principals, practices, and techniques.
• Ability to work independently as well as collaborate in team settings.
• Intermediate proficiency in Excel and Word.
• Great attention to detail, organizational skills, and time management.
• Skilled at building and fostering relationships.
• Ability to logically understand SQL query language and analyze data effectively and efficiently.
• Ability to read, interpret, and apply regulatory requirements to audits.
• Working knowledge of mortgage originations, servicing, and financing terminology preferred.

PHYSICAL DEMANDS:

• Must be able to remain in a stationary position 75% of the time.
• Will be constantly operating a computer and other office productivity machinery, such as a telephone, calculator, copy machine, and computer printer.
• Must be able to exchange accurate information at all times through various methods, including telephone, email, Teams, and/or Zoom.
• When in the office, will work in a state-of-the-art indoor temperature controlled, sealed window office environment.
• When working remote, team members are expected to create a conducive and professional workspace, ensuring reliable communication, maintaining accountability, productivity, and professionalism. 

BENEFITS:

• Medical and Dental Plan with Prescription Coverage and Vision.
• Competitive benefits including 401(K) includes 100% company match of the first 4%.
• Paid time off days (PTO), maternity/paternity leave, and holidays.
• Community involvement including Volunteer Paid Time Off (VTO).
• Tuition Assistance for your first degree.
• Enjoy coming “home” to our brand new, state-of-the-art Home Office equipped with onsite fitness facility with full gym, workout classes, volleyball and basketball courts, ping-pong, disc golf course, and onsite restaurant.
• Wellness programs that focus on emotional, social, spiritual, intellectual, environmental, physical, and financial well-being.
• Collaborative and energetic work environment.
• Professional development and promotional opportunities.
• Competitive bonus programs

• A Berkshire Hathaway Company – an integrity-based organization offering unlimited career growth
• Full-time team members have the flexibility to create their own health, dental, and vision benefits package. Vanderbilt Mortgage and Finance, Inc. provides competitive 401(k) programs, including investment options and company matching for full and part time employees after one year to help our team members achieve their financial goals. Additional benefits include paid parental leave, tuition reimbursement, Employee Assistance Programs, and more.
• Vanderbilt Mortgage and Finance Inc. is a subsidiary of Clayton of which is proud to have earned spots on the following Forbes lists: America’s Best Employers, America’s Best Employers by State, Best Employers for Diversity, Best Employers for Women.
• As part of Vanderbilt Mortgage’s commitment to Opening Doors to a Better Life, VMF is now providing paid time for Team Members to volunteer to causes that are meaningful to them through the Clayton Impact program.
• At VMF, we encourage holistic wellness with physical, nutritional, social, financial, spiritual, and occupational programs available online or in-person for team members.
• Our newly renovated Home Office campus offers an onsite restaurant, onsite fitness facility with full gym, in-person and virtual workout classes, yoga/barre studio, volleyball, and basketball courts, walking paths, and a disc golf course.

Business Unit -