Loan Compliance Specialist

Duties & Responsibilities

• Clearly and concisely communicating compliance risks to management in the normal course of business and through formal reporting.
• Assisting management in the development of controls, policies, and procedures to mitigate compliance risks identified through internal audits, regulatory exams and internal compliance monitoring reviews.
• Researching compliance issues and providing guidance on applicable requirements.
• Assisting with completing assessments by capturing applicable risks and controls for consumer lending, loan operations and loan servicing lines of business.
• Providing compliance guidance and participating in project teams responsible for implementing changes to systems or applications of assigned lines of business.
• Providing reporting on outstanding compliance risks, action plans, and resolution efforts.
• Assisting with the gathering of information for regulatory exams or audits.
• Working with management to implement applicable regulatory change projects and/or serving as the project’s compliance representative on new or changed laws and regulations.

Qualifications

• Education Requirements: High School Diploma, College Degree preferred.
• Minimum Experience: At least two years of applicable legal or regulatory compliance related experience.
• Licenses & Certifications: CRCM Certification preferred.