Compliance Specialist: Mortgages and Fair Lending Full Time NEW

First State Bank — Job Description

Job Title: Compliance Specialist: Mortgages & Fair Lending

Status: Non-Exempt

Department: Compliance

Reports To: Compliance Officer

Primary Purpose of the Job:

Responsible for ensuring that First State Bank complies with lending regulations and laws with a focus on those that prevent discriminatory lending, especially ECOA, TILA, and RESPA. This position is responsible for regular compliance monitoring, developing/updating fair lending policies and procedures, conducting risk assessments, and analyzing loan data.

Essential Duties:

Execute risk-based monitoring and testing including documenting findings, identifying root causes and recommending corrective actions for

Mortgage origination and servicing compliance

Disclosure accuracy and timing

Escrow, payments, fees, and servicing practices

Fair lending and consumer protection requirements

Support the Bank’s Fair Lending and Community Reinvestment Act Program, assisting with

• Risk assessments

  Adverse action notice compliance

  Pricing, underwriting, and exception monitoring

  Analysis of lending data, trends, and potential risk indicators.

  Remediation and documentation of corrective actions related to fair lending findings or examiner feedback.

  Assist with Compliance Audits and Exams, including but not limited to gathering information and reports, coordinating responses, and tracking corrective action of findings

  Attends compliance training/sessions to become knowledgeable and skilled in compliance requirements. Reports requirements to Compliance Officer and may train departmental heads in compliance processes, requirements and controls.

  Create and maintain a courteous and professional relationship with co-workers while maintaining timely and prompt daily attendance

  Required and Essential Experience/Skills:

  Bachelor’s degree in related field (or equivalent experience)

  Three to five years related work experience in compliance

  Strong written communication skills with the ability to produce clear, defensible documentation

  Thorough understanding of Fair Lending, ECOA, TILA, RESPA and related regulations

  Ability to research, analyze information and solve problems

  Good attention to detail

  Ability to work independently

  Ability to develop and facilitate training and educate co-workers on regulatory requirements

  Ability to work with all levels of management and staff within the Bank

  Preferred Qualifications:

  CRCM, CAFP, or other compliance certification

  Experience monitoring and/or analyzing Fair Lending and CRA data

  Familiarity with mortgage LOS and service Platforms

  Familiarity with NContracts or other Fair Lending/CRA Software

  Key Competencies:

  Mortgage and Fair Lending risk awareness, testing, and documentation

  Strong regulatory judgment

  Detail-oriented

  Collaborative approach with mortgage and operations teams

  Examiner-ready mindset

  Working Conditions:

  Office environment with little exposure to physical hazards or conditions

  Ability to enter data into a computer and work with computer programs

  Ability to stand and/or sit for long periods of time

  • • WHAT CAN WE OFFER YOU:

  Working with an energetic team focused on making our customers financially successful!

  An opportun