[Hiring] Loan Compliance Coordinator @Carter Bank

Role Description

Assists in ensuring Carter Bank adheres to all applicable state and federal regulations and compliance requirements with focus on consumer lending operations. This position will also assist in developing, implementing, monitoring, and training to ensure that the associates, products and services, and processes used at the bank are effective in order to adhere to compliance requirements by state and federal regulations for financial institutions.

• Follow the four pillars of the Compliance Program, detailing policy and procedures.
• Monitoring to self-assess the effectiveness of the bank's policies and procedures.
• Training dictated by periodical risk assessments and results from monitoring and external examinations.
• Comprehensive Consumer Complaint Program.
• Serve as the primary contact to assist the lending area with day-to-day compliance questions.
• Identify and resolve issues and escalate to the Compliance Director as appropriate.
• Perform monitoring reviews and prepare applicable reports outlining out of compliance situations with recommendations for improvements.
• Serve as compliance liaison for projects regarding lending activities such as new software, forms, and processes.
• Review and approve marketing materials as they relate to lending.
• Implement regulatory change management plans as lending regulations change.
• Assist with the maintenance and enhancement of the Compliance Management Program.
• Serve as liaison with appropriate managers and staff to assist with implementation of Compliance policies and procedures.
• Coordinate/assist the Compliance Director with the Annual Review of bank policies and procedures.
• Assist the Compliance Director with maintenance of the Risk-based Monitoring Program.
• Serve as needed as a liaison for all external Compliance Audits and Examinations by Regulatory Agencies.
• Assist with the processing of complaints as needed.

Qualifications

• High school diploma or equivalent required, Associate Degree or equivalent work experience preferred.
• Prior experience assisting in Regulatory Compliance area to complete monitoring type tests, reviews of transactions, and identify weaknesses in controls.
• Good balance between regulatory, practical knowledge and experience to advise others.
• Prior banking experience preferred.
• Complete ABA’s Lending Certification program within 3 years.

Requirements

• Intermediate understanding of various lending regulations such as HMDA, Flood, ECOA, TILA, TRID, RESPA, SAFE Act, FCRA and UDAAP.
• Intermediate verbal and written communication skills.
• Intermediate data analysis skills.
• Intermediate organizational skills.
• Basic project management skills.
• Intermediate collaboration skills.
• Intermediate time management skills.
• Intermediate proficiency with Microsoft Office, especially Word, Excel and Outlook.

Physical and Mental Qualifications

• Standing, walking, bending and stooping required.
• Must be able to sit at a desk for long periods of time and use a computer.
• Must be able to occasionally move or lift up to 10 pounds.
• May be asked to work supplemental hours periodically.
• Limited travel required occasionally during and after business hours.

Benefits

• Eligible associates may participate in Carter Bank's benefits package, including medical, dental, vision, life insurance, disability coverage, other voluntary benefits, 401(k), paid time off, and paid holidays.

Company Description