People Places Events In History Terms Organizations
Home Invites Members Groups Events Careers Videos News Photos Blogs Polls Forums Chat
Home > Career Center > Job Seekers > Job Search
Job Title: Manager Originations Oversight
Company Name: HSBC
Location: Chicago, IL
Position Type: Full Time
Post Date: 11/16/2017
Expire Date: 12/16/2017
Job Categories: Accounting/Auditing, Financial Services, Government and Policy, Executive Management
Job Description
Manager Originations Oversight

Oversees vendor relationship for all originations functions, to include regulatory field compliance, service level management, sub-vendor management and governance and reporting. Serves as Single Point of Contact (SPOC) for vendor/HSBC relations pertaining to mortgage originations.

Impact on the Business
  • Monitor daily compliance tracking, coordinate between sub servicing vendor and HSBC regarding the resolution of compliance Anti-Money Laundering (AML) items on individual loan transactions; serve as primary liaison between the vendor and HSBC for compliance-related items including exam coordination and findings resolution
  • Ensure mortgage loans are properly originated to the standards of the sub servicing contract including routine sampling of transactions; monitor service level reporting by the vendor
  • Monitor vendor approval and use of third party vendors as outlined by the contract including annual reviews, monthly performance reporting and vendor site visits. Provide internal reporting and risk assessments as required
  • Take lead role in conducting and managing joint origination governance committees with vendor. Provide management information reporting regarding overall originations oversight process. Present any unresolved issues to the Governance Committee and develop and monitor improvement plans as needed
Customers / Stakeholders
  • Act as a focal point between the vendor and HSBC related to the program origination components including the Private Bank; and monitor operational risk related to the vendor including audits on non-compliance related items. Coordinate activities with Credit Risk, Compliance, Vendor Risk Management and other areas
Major Challenges
  • Ensuring compliance with all government regulations and dealing with a multitude of government regulators
  • Ensuring all parties are compliant with all contractual mandates
Role Context
  • The position provides daily guidance and direction to seven employees and is required to operate independently and within a team environment. The position exercises independent judgment and decision making. Occasional travel to third party facilities may be required
Management of Risk
  • Ensure compliance, operational risk controls in accordance with HSBC or regulatory standards and policies; and optimize relations with regulators by addressing any issues
  • Promote an environment that supports diversity and reflects the HSBC brand
  • Remediate Audit Findings and Regulatory Matters Requiring Attention (MRAs). Ensure Compliance with related Consent orders (i.e. AML, Know Your Customer (KYC)/Customer Information Profile (CIP), Mortgage Electronic Registration Systems (MERS), Affidavit and Notary Compliance, risk assessments and control monitoring
Observation of Internal Controls
  • Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators

As you complete your online application, please use source code: Historically Black Colleges and Universities. If you would like to notify HSBC's Diversity Recruiting team of your application, please e-mail

Qualifications & Requirements

  • Minimum of seven years proven mortgage industry experience, including operational risk and compliance, business process and technology optimization or equivalent

  • Bachelor's degree in business, related field or equivalent experience

  • Strong interpersonal and verbal and written communications skills; proven problem-solving and decision-making skills

  • Sound knowledge of regulatory compliance, mortgage settlement and collateral policies

  1. EEO/AA/Minorities/Women/Disability/Veterans
Share |
Contact Information
Company Name: HSBC
Apply Now | Forward Job to a Friend | More Jobs From This Employer
Employer Showcase
>> more | add
Latest Jobs
Empower students to succeed as an AmeriCorps Regional Site Coordinator in Sacramento! with Reading Partners in Sacramento, CA.
Counselor, Behavioral Health Case Manager (6909) with Southern Illinois University Edwardsville in Edwardsville, IL.
Operations Supervisor with Orange Water and Sewer Authority in Chapel Hill, NC.
Residence Life Coordinator of Operations with Bellarmine University in Louisville, KY.
Special Education Program Faculty, Teacher Education (F525) with Azusa Pacific University in Azusa, CA.
>> more | add
Latest Member Activity
gregory boulware, esq. just commented on a blog entitled '~ “out from the shadows” ~'. 10:26PM
unkel ruckus just commented on a article entitled 'looking for a new career? cbre is hiring on!!'. 08:06PM
unkel ruckus just commented on a article entitled 'curipow offers new social network for african americans with empowering historical data'. 08:05PM
unkel ruckus just commented on a article entitled 'tell them we are rising: the story of black colleges and universities'. 08:05PM
unkel ruckus just commented on a article entitled 'former texas southern university athlete and coach inducted into swac hall of fame'. 08:04PM
unkel ruckus just commented on a blog entitled '~ "propaganda" ~'. 08:13PM
unkel ruckus just posted a poll entitled 'back to the motherland'. 08:00PM
tazadaq shaah just posted a blog entitled 'a vidoe spotting the signs of borderline personality disorder b d p i hate you don't leave me'. 02:33PM
unkel ruckus just commented on a blog entitled 'the everyday love dare journey day 58 water your love'. 10:02PM
michaell snoddy just became a new member. 11:02AM
papmor gueye just edited his profile. 05:02PM
papmor gueye just became a new member. 04:52PM
>> more | invite friends