LDCC Compliance Specialist I

Pay Range: $22.17 - $29.55

The LDCC Compliance Specialist (CS) ensures that certain activities within the Loan Documentation and Collateral Control team comply with relevant laws, regulations, and policies. Scope of responsibilities include flood insurance, government guaranteed programs (such as SBA and FSA), and other specialized lending areas. This requires applying advanced knowledge of laws, regulations, program requirements, as well as bank policy and procedures to ensure the bank’s interest and assets are protected.
Perform daily tasks to ensure compliance with rules, filing deadlines, and reporting requirements are met. Monitor reports and data to ensure adherence to requirements. Analyze information, comprehend complex reporting requirements, and make processing decisions based on established procedures and guidelines. Communicate any gaps to multiple levels within the organization.
Activities directly impact customer accounts, bank reporting, and risk mitigation. Review reports and furnish information including escalation of identified risk to authorized persons within and external to the bank. As a subject matter expert, provides training and guidance to all levels of employees regarding government regulations and procedures as they pertain to flood and/or other governmental reporting requirements.

Education and Experience:

• Associates degree and 2 years’ experience required or equivalent combination of education and experience.
• Loan or compliance experience preferred
• Professional experience required

Skills and Abilities:

• Ability to comprehend loan policy, regulations, and law; analyze requests and data required; identify and communicate risks.
• Strong organizational skills required
• Excellent communication skills (written and oral) required
• Strong reading and comprehension skills required
• Basic computer skills required
• Intermediate analytical skills

Unique Job Requirements & Characteristics

• Ability to deliver high quality work in a friendly and fast paced environment
• Ability and willingness to learn new skills

Tasks Performed:

• 50% Analyze loan documentation or reporting including but not limited to real estate records and flood documentation, SBA/FSA and other reporting ensuring accuracy and meeting requirements of loan approval, policy, regulations, and law. This will include providing authorization to close and reporting any exceptions to the appropriate parties and escalation of potential risk, and resolution of exception items.
• 15% Provide support to internal and/or external customers, cross train on other team duties as assigned and provide coverage for other team duties as required.
• 15% Maintain proficient knowledge of, and demonstrate ongoing compliance with, all laws and regulations applicable to this position. Adhere to policies, procedures, and internal controls. Ongoing focus on risk and fraud mitigation.
• 10% Uphold service level standards under normal conditions.
• 5% Assist with employee training and onboarding
• 5% Other duties as assigned

Physical Requirements:

• Communicate effectively with internal and/or external customers
• Stationary 75% of time or greater
• Move Objects to Maximum 10 lbs

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time.