Lending Compliance Specialist

Summary

Assist Compliance Officer in all areas of regulatory compliance including compliance reviews and examinations and serves as a back-up to daily responsibilities with a particular focus on lending compliance.

 Essential Functions

• Assists Compliance Officer with internal audits, reviews, and regulatory Examinations.
• Implements internal monitoring based on audit/exam findings. Works with department managers to determine whether appropriate corrective action has been taken.
• Monitoring of and reporting on Bank compliance with all applicable federal and state regulations, including but not limited to: Truth in Lending Act, Real Estate Settlement Procedures Act, Equal Credit Opportunity Act, Fair Housing Act (FHA), Home Mortgage Disclosure Act (HMDA), Community Reinvestment Act (CRA), Fair Credit Reporting Act (FCRA), SAFE Act, NMLS, Flood Disaster Protection Act, Fair Debt Collection Practices Act, Homeowners’ Protection Act, and Insider Lending.
• Verifies bank compliance with HMDA, files annual Loan Application Register, and updates public files.
• Conducts routine Fair Lending reviews, risk assessments, and reporting.
• Provides quarterly reporting and compliance updates to the CRA Committee.
• Actively participates in Compliance and Audit Committees. 
• Prepares reports and packages for Committee and Board meetings.
• Works closely with consumer, residential, and commercial lending departments. 
• Reviews compliance related policies and procedures for compliance with regulatory requirements and sound practices.
• Reviews and approves Lending-related Advertisements, Disclosures, and internal forms.
• Performs routine website reviews.
• Coordinates training and procedural changes to address new or changing regulatory requirements.
• Provides employee and Board training on lending related laws & regulations.

Minimum Qualifications

• 5 or more years of lending-related banking experience.
• Thorough understanding of state and federal lending regulations.
• Ability to maintain updated knowledge on lending related laws and regulations.
• Excellent verbal and written communication skills.
• Demonstrated ability to work collaboratively and independently.
• Proficiency in computer applications such as MS Office, Outlook, and Teams.
• Strong attention to detail.

 Preferred Qualifications

• Bachelor’s degree in business or related field
• Compliance Certification
• Experience in Smartsheet or similar work management software
• Experience in Encompass and Ncontracts software

Competencies and Core Values

• Business Acumen
• Customer Focus
• Ethical Conduct
• Excellence
• Community Focus
• Integrity
• Team Orientation
• Kindness