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Loan review analyst vs compliance analyst

The differences between loan review analysts and compliance analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a compliance analyst has an average salary of $59,108, which is higher than the $42,678 average annual salary of a loan review analyst.

The top three skills for a loan review analyst include financial statements, loan documentation and real estate. The most important skills for a compliance analyst are powerpoint, customer service, and risk assessments.

Loan review analyst vs compliance analyst overview

Loan Review AnalystCompliance Analyst
Yearly salary$42,678$59,108
Hourly rate$20.52$28.42
Growth rate4%6%
Number of jobs26,04226,138
Job satisfaction--
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 66%
Average age4546
Years of experience6-

What does a loan review analyst do?

A loan review analyst is a person who evaluates all credit documents and information needed. They are responsible for gaining approval and maintaining compliance under the credit or loan guidelines. A loan revies analyst prepares needed loan reports with the necessary information for approval and decision making. Furthermore, they are the ones who are assessing credit structures. Often, this career is for someone who has experience in credit analysis and assessment.

What does a compliance analyst do?

A compliance analyst is in charge of ensuring that every operation and aspect in a company or facility adheres to the laws and regulations. They are also responsible for conducting regular inspections and assessments, producing reports and presentations, disseminating necessary information and reminders, researching existing policies and laws related to the industry, and remaining updated with new regulations. Furthermore, there are instances when a compliance analyst must gather requirements and process them to receive compliance certifications from agencies.

Loan review analyst vs compliance analyst salary

Loan review analysts and compliance analysts have different pay scales, as shown below.

Loan Review AnalystCompliance Analyst
Average salary$42,678$59,108
Salary rangeBetween $25,000 And $72,000Between $39,000 And $87,000
Highest paying CityParsippany-Troy Hills, NJSan Francisco, CA
Highest paying stateWashingtonCalifornia
Best paying companyCFA InstituteMeta
Best paying industryFinanceTechnology

Differences between loan review analyst and compliance analyst education

There are a few differences between a loan review analyst and a compliance analyst in terms of educational background:

Loan Review AnalystCompliance Analyst
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Loan review analyst vs compliance analyst demographics

Here are the differences between loan review analysts' and compliance analysts' demographics:

Loan Review AnalystCompliance Analyst
Average age4546
Gender ratioMale, 37.7% Female, 62.3%Male, 43.5% Female, 56.5%
Race ratioBlack or African American, 9.2% Unknown, 4.6% Hispanic or Latino, 16.0% Asian, 6.4% White, 63.3% American Indian and Alaska Native, 0.5%Black or African American, 11.5% Unknown, 4.4% Hispanic or Latino, 15.2% Asian, 8.0% White, 60.1% American Indian and Alaska Native, 0.8%
LGBT Percentage8%12%

Differences between loan review analyst and compliance analyst duties and responsibilities

Loan review analyst example responsibilities.

  • Manage a pipeline of fund TRID loans for completeness so they can be deliver and purchase by the required investor.
  • Approve or deny files according to FHA by origination underwriter guidelines.
  • Perform full and partial post-closing audits and reviews on conforming, non- conforming loans sell to FNMA, FHLMC and FHA.
  • Work closely with attorneys on daily basis to discuss need documents and possible mitigation or litigation strategies on foreclosure and bankruptcy matters
  • Evaluate consumer mortgages in accordance with USDA procedures and guidelines.
  • Analyze borrower credit profile using USDA's GUS system and manual underwrite process.
  • Show more

Compliance analyst example responsibilities.

  • Manage FHA, FHLMC, FNMA, VA and GNMA files.
  • Manage monthly allocation process & governance to non-Germany regions, balancing regions & projects.
  • Serve as TeamRoom/SharePoint administrator, including managing the SharePoint migration project.
  • Lead annual Medicare data validation exams; distribute regulations, hold informational meetings, perform quality assurance checks of data.
  • Participate in OCC exam preparation and review including research and presentation of documentation to achieve compliance with federal examiner requests.
  • Conduct Sarbanes-Oxley on big data audits, analyze statistical trends and control audits for fee governance efforts.
  • Show more

Loan review analyst vs compliance analyst skills

Common loan review analyst skills
  • Financial Statements, 9%
  • Loan Documentation, 9%
  • Real Estate, 6%
  • Loan Portfolio, 6%
  • Investor Guidelines, 6%
  • Audit Findings, 4%
Common compliance analyst skills
  • PowerPoint, 6%
  • Customer Service, 5%
  • Risk Assessments, 5%
  • Regulatory Compliance, 4%
  • Compliance Issues, 4%
  • Compliance Program, 4%

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