The Department of Business and Industry is recruiting to fill a Mortgage Lending Examiner 2 position within the Division of Mortgage Lending. This position can be filled in either Carson City or Las Vegas depending on the chosen candidate and the needs of the agency. The incumbent conducts comprehensive reviews of licensees including mortgage companies, escrow agencies, covered service providers, and mortgage servicers. The primary emphasis of the examination is to determine compliance with Chapters 645A, 645B, and 645F of the Nevada Revised Statutes and other applicable State and Federal statutes and regulations and encompasses a review and evaluation of the business practices of the company to include a selected sample of loan files for completeness, accuracy, compliance with applicable laws and fraudulent practices; monthly activity reports; mortgage call reports submitted to NMLS; licensing information; financial statements; advertisements for compliance with applicable laws and deceptive practices; complaints; office space and signage; policies and procedures for supervision of mortgage agents; adequacy of office management and internal controls; safeguarding of client confidential information; and general books and records. Travel is required up to 85% of the time within the state and out of State. Bachelor's degree from an accredited college or university in business administration, accounting, economics, finance, or other discipline related to the position and one year of increasingly responsible professional experience conducting audits and reviewing financial records and reports; OR graduation from high school and three years of increasingly responsible professional experience as described above; OR one year of experience as a Mortgage Lending Examiner I in Nevada State service; OR an equivalent combination of education and experience as described above. Review an institution's prior examinations, correspondence and documents on file in order to become familiar with the nature of the institution and to develop an exam plan. Conduct entrance and exit meetings with management of the institution to answer questions regarding the examination, verify facts and discuss findings. Prepare and/or assimilate and analyze reports prepared by assisting examiners and arrive at a conclusion regarding the overall condition of the institution; prepare final report detailing findings and recommendations; assist in coordinating appropriate corrective measures in accordance with established policies and procedures. Review, investigate and process newly approved institutions or institutions renewing their license(s); make recommendations for acceptance or denial; respond to informational inquiries and complaints from licensees and the general public; conduct follow-up investigations as necessary and make referrals to the criminal division in the Attorney General's Office if warranted. Monitor the activities and licensing of mortgage bankers, mortgage brokers, and escrow agencies and conduct examinations to ensure compliance with federal and State laws with emphasis on lender trust accounts; document retention requirements and lender and borrower disclosures; conduct background investigations and annual examinations of all licensees. Schedule and perform on-site and off-site examinations of mortgage brokers and mortgage lenders in compliance with written examination procedures including an analysis of financial statements and commentary on liquidity, hedging, pipeline management turnover, and capital requirements. Reconcile ledgers and trust accounts; review escrow files for compliance with statute; reconcile trust accounts to include construction site inspections, lien procedures and waivers, collateral and lien protection to ensure compliance with established guidelines. Compare escrow documentation and instructions to title work performed to ensure accuracy and completeness; review and verify reconveyances, endorsements, and title policies are present. Perform related duties as assigned. This job specification lists the major knowledge, skills and abilities of the job and is not all inclusive. Incumbent(s) will be expected to have knowledge, skills and abilities from a previous level.

Working knowledge of:

federal and State laws and regulations applicable to mortgage lending institutions sufficient to analyze all facets of operations for compliance; standard internal security procedures and controls; real estate appraisals; mortgage lending examination policies and procedures; secondary mortgage market; fraudulent practices relevant to mortgage and real estate transactions.

Ability to:

analyze financial records and business recordkeeping systems and reach logical conclusions; follow established policies and procedures relevant to program areas based on information of a conceptual nature from varied and complex sources; interpret and apply complex rules and regulations related to examinations; utilize computer software packages commonly used in financial analysis