Audit Analyst(Regulatory) at Better – Gurugram

Better is the first AI-native mortgage and home equity finance company, revolutionizing one of the largest financial markets in the world. We make home finance radically more transparent; using AI and proprietary technology to eliminate friction from the mortgage process through our industry-leading AI platform, Tinman, and the first voice-based AI mortgage assistant, Betsy. Our mission is simple: make homeownership cheaper, faster and more accessible by transforming how people buy and finance homes.

The facts that speak for themselves:

- Weve funded over $110 billion in loans (more than any other fintech in the US!)

- Raised over $1.2 billion in equity capital to modernize the $15 trillion mortgage industry

- Betters propriety AI platform makes us an award-winning lender:

- Fintech Breakthrough Award 2025: Best Lending Innovation

- Yahoo! Finance (Jan 2025): Best Mortgage Lender for First-Time Homebuyers Best for quick approval

- Yahoo! Finance (2025): Best Online Mortgage Lender

- Money Magazine (2025): Best for fast closing

- Forbes (2023): Best Online Mortgage Lender

Were building the future of home financeand were looking for smart, driven, ambitious innovators who are ready to tackle the most impactful work of their careers.

The Audit Analyst will support the Regulatory Strategy & Operations (RSO) team in executing loan-level compliance testing, regulatory reporting audits, and examination readiness activities. This role is execution-focused and plays a critical part in validating data accuracy, identifying compliance gaps, and strengthening internal controls across mortgage regulatory reporting processes.

The position supports HMDA, Mortgage Call Reports (MCR), and other state and federal reporting obligations through structured testing and audit workflows under the direction of the Manager, Regulatory Audit.

Perform detailed loan file reviews to validate accuracy of data reported in regulatory filings and internal systems

Execute predefined audit scripts and testing procedures across HMDA, MCR, and state reporting datasets

Compare source documentation against reported data fields to identify discrepancies

Document findings clearly and consistently in accordance with internal audit standards

Support testing of regulatory reporting processes, including HMDA LAR and Mortgage Call Reports

Assist in reconciliation reviews and control validations to ensure reporting completeness and accuracy

Escalate identified data issues and collaborate with internal stakeholders on corrective actions

Maintain structured audit workpapers and testing documentation

Prepare loan files and supporting documentation for internal reviews and state/federal examinations

Track document requests and assist in compiling responses for regulatory inquiries

Support remediation tracking by validating corrective actions and follow-up testing

Conduct structured analysis to identify reporting trends, operational breakdowns, and control gaps

Support root cause validation by reviewing loan documentation and system data

Partner with Operations, Compliance, and Reporting teams to resolve discrepancies

Contribute to the refinement of audit scripts, checklists, and monitoring frameworks

Identify opportunities to improve documentation, testing efficiency, and control reliability

Bachelors degree in Finance, Business, Economics, Accounting, or related field

24 years of experience in mortgage compliance, quality control, audit, regulatory reporting, or similar function

Strong understanding of the mortgage lifecycle (origination, underwriting, closing, post-closing)

Experience performing loan-level file reviews or transactional testing

Strong analytical and investigative skills

High attention to detail and documentation discipline

Ability to manage multiple priorities in a deadline-driven environment

Strong written and verbal communication skills

Exposure to HMDA (Regulation C) reporting requirements

Experience supporting Mortgage Call Reports (MCR) or state regulatory reporting

Prior experience in compliance testing, internal audit, or risk management

Experience working in a fintech or high-growth mortgage environment

Execution excellence

Regulatory and mortgage process awareness

Analytical rigor

Structured documentation

Cross-functional collaboration

Process improvement mindset

In Office Perks

Experience our comprehensive office perks, including daily meals and transport facility for commuting to and from the office, available for all employees coming to the office.

Our comprehensive medical plan is available for you, your spouse and dependents. Employees are covered under Mediclaim, Group Term life insurance and Accidental insurance.

Experience flexibility with our night shift allowance, work from home allowance and transportation allowance, where applicable. We prioritize your convenience.