Tylise Shelton
Summary
Detail-driven Compliance Analyst focused on maximizing company compliance with applicable laws and standards. Knowledgeable about internal controls, process evaluations and procedural reviews. Bringing 12 years of experience in compliance and auditing.
Overview
12
12
years of professional experience
1
1
Certification
Work History
Senior Compliance Testing SME
Solomon Edwards
05.2024 - Current
- Execution of risk-based compliance monitoring and testing in accordance with Compliance methodology and procedures.
- Development of test scripts to support assigned compliance reviews.
- Ensure test scripts are properly designed to identify non-compliance with applicable laws and regulations.
- Systematically retain documents to support results of compliance reviews.
- Manages scheduling to ensure all tasks and reporting are completed in a timely manner.
- Performs effective root cause analysis and obtains corrective action plans from lines of business.
- Assists with the drafting of issues and the formal report.
- Actively manages and escalates compliance risk and customer-impacting issues identified within their day-to-day role to their leadership.
- Responsible for overall integrity and quality of work performed.
- Maintains a high level of awareness and knowledge of regulatory requirements.
- Archer, MPS, DMIConnect
Sr. Compliance Specialist
Wells Fargo Bank, N.A.
12.2022 - 12.2023
- Analyze law and rule citations within regulatory inventories for applicability for Consumer Lending businesses including Home Lending, Auto, Credit Cards & Merchant Services.
- Executes Risk Control Monitoring and Testing to assess the effectiveness of the bank's practices used to ensure regulatory compliance with consumer and commercial banking areas.
- Controls Testing and Quality Control on the Bank's adherence to its regulatory compliance policies, procedures and controls across all product lines.
- Control testing on the completeness and accuracy of the identified actions/outcome including their business processes and procedures.
- Research regulatory law, recent or proposed changes, guidance and interpretations as part of the testing and monitoring planning process.
- Controls Testing and Quality Control auditing Banking regulations including Reg B (Equal Credit Opportunity Act), Reg CC (Expedited Funds Availability Act), Reg DD (Truth in Savings Act), Reg E (electronic Funds Transfer Act), E-Sign Act, CRA (Community Reinvestment Act), P (Privacy), UDAP/UDAAP, Reg V (Fair Credit Reporting Act), and Reg Z (Truth in Lending Act).
- Work with Legal partners, as required, on analysis of Major Compliance Requirements.
- Provide input into ongoing status reporting for projects.
- Lead and/or perform compliance testing, identify issues, make recommendations and report results.
- Assess design and effectiveness of controls implemented to mitigate applicable regulatory and consumer compliance risks.
- Assisted with internal and external audits to confirm compliance with applicable laws and regulations.
- Collaborated with internal and external stakeholders, auditors and legal counsel to confirm compliance with applicable laws and regulations.
Sr. Compliance Specialist
CMG Financial
05.2022 - 09.2022
- Conduct audits to ensure loans are in compliance with federal/state laws, regulations and company policies and procedures.
- Perform compliance/regulatory-related research as requested.
- Review and approve Federal and State disclosures.
- Review HMDA data for accuracy and submit HMDA LAR annually.
- Review marketing material for regulatory compliance; including social media, videos and radio.
- Monitor and review policies, procedures, forms and agreements to ensure regulatory compliance with applicable laws, rules and regulations. Ensure compliance with policies and procedures.
- Assist in providing loan level documentation for state and investor examinations.
Sr. Compliance Specialist
Wolf And Company, P.C.
03.2022 - 05.2022
- Controls Testing and Quality Control Monitoring and reporting Bank compliance with all applicable federal and state regulations, including: Truth in Lending Act, Real Estate Settlement Procedures Act, Equal Credit Opportunity Act, Fair Housing Act, Home Mortgage Disclosure Act, Community Reinvestment Act, Fair Credit Reporting Act, SAFE Act, Flood Disaster Protection Act, Fair Debt Collection Practices Act, Home Owners Protection Act, Pay Day Lending and Restrictions on Loans to Insiders
- Performs all regulatory lending compliance audits within defined annual audit plan
- Develops and maintains lending compliance audit programs and defines scope of lending reviews
- Prepares and maintains audit documentation and work-papers
- Conducts analysis of lending audit findings to draw logical conclusions and craft appropriate recommendations
- Writes formal lending audit reports directed toward those audited, Senior Management, and Audit Committee
- Conducts appropriate follow-up with those audited to resolve audit findings
- Coordinates and manages regulatory lending compliance audit process
- Plans, schedules and conducts each audit, per budget, to ensure that all activities conform to established audit procedures
- Uses audit programs as guides and initiates additional audit steps where deemed appropriate
- Reviews lending related policies and procedures for compliance with regulatory requirements and sound practices
- Prepares detailed report of violations to federal and/or state regulations and other compliance audit findings, presenting any irregularities or exceptions to Senior Management and/or Audit Committee
- Makes recommendations for corrective action
- Reviews responses from the auditee for audit reports to determine whether appropriate action has been taken
- Monitor implementation of needed corrective action
- Report, at least quarterly, to the Audit Committee of the Board of Directors on current quarterly audit results, any findings, corrective actions and status of prior open issues
- Analyzes audit programs for effectiveness, recommending changes and improvements as appropriate
- Conducts any special audits as assigned by the Risk Manager
- Discusses with the Risk Manager any changes to scope of audits performed, significant findings noted as the audit progresses and conclusions and recommendations as audits are finalized
- Maintains appropriate records and provides assigned reports.
Sr. Compliance Specialist
George Mason Mortgage, LLC
09.2015 - 03.2022
- Accomplished day-to-day personnel; and workflow management of independent reviews of compliance with Federal Regulations (TRID, TILA, RESPA etc.)
- Representative for system integrations.
- Secondary interface for escalated Quality Control questions while assisting in training and dissemination guideline changes to production staff.
- Responsible for complying with various rules, regulations, policies and ethical standards governing financial services industry including compliance with BSA.
Compliance Specialist
Digital Risk
04.2014 - 06.2015
- Identified deficiencies, discrepancies, misinformation and compliance issues with loan documentation in order to determine ineligibility or acceptance status and return non-compliant packages to teams for resolution.
- Directed and implemented strategic improvement plans to integrate solutions to audit findings and workflow process issues.
- Performed quality control reviews of all loan packages to check adherence with federal and state regulatory requirements.
- Comprehensive RESPA Good Faith Estimate, Change of Circumstance and Tolerance cost to cure reviews
Compliance QC Underwriter
Green Key Resources
08.2013 - 01.2014
- Evaluated debt ratio, loan-to-value ratios, credit scores property valuations and various other factors when making underwriting decisions.
- Identified portfolio risks resulting from client's underlying business practices, underwriting investigations or fraud exposure.
- Controlled loss by assessing risk, conducting system analysis and recommending policy solutions.
- Determined and documented loan conditions and communicated requirements and decisions.
- Performed targeted on-site Compliance audit, review and assessments of originated and portfolio mortgage loans.
Mortgage Risk Compliance Analyst/Risk Analyst II
Green Tree Servicing, LLC
11.2012 - 05.2013
- Performed in-depth research and investigations and recommended strategies to resolve problems and prevent further concerns.
- Performed targeted compliance reviews of financial institutions clients.
- Issued weekly reports to management including Loan agents/officers policy violations.
- Researched and validated all oversight reports and compliance related findings.
- Managed control reports and took curative action when needed for potential monetary losses due to violations.
- Managed a 10 person team for special project for two months.
Education
Bachelor of Arts - History
Rowan College of New Jersey
Glassboro, NJ05.1996
Skills
- Risk Control Testing and Quality Control
- Risk Management processes and Analysis
- Remote Project Management
- Fraud investigation
- Time Management and self- discipline
- Auditing experience
- Critical Thinking
- Research proficiency
- Experienced approach to problem solving, research, and interpretation applying legal subjects to business process/situation
Certification
- Certified Paralegal, Peirce College of Philadelphia - ABA Approved
Timeline
Senior Compliance Testing SME
Solomon Edwards
05.2024 - Current
Sr. Compliance Specialist
Wells Fargo Bank, N.A.
12.2022 - 12.2023
Sr. Compliance Specialist
CMG Financial
05.2022 - 09.2022
Sr. Compliance Specialist
Wolf And Company, P.C.
03.2022 - 05.2022
Sr. Compliance Specialist
George Mason Mortgage, LLC
09.2015 - 03.2022
Compliance Specialist
Digital Risk
04.2014 - 06.2015
Compliance QC Underwriter
Green Key Resources
08.2013 - 01.2014
Mortgage Risk Compliance Analyst/Risk Analyst II
Green Tree Servicing, LLC
11.2012 - 05.2013
Bachelor of Arts - History
Rowan College of New Jersey
- Certified Paralegal, Peirce College of Philadelphia - ABA Approved
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