Mortgage Compliance Officer

Responsibilities

• research compliance with all mortgage banking laws, rules, regulations, and prescribed policies/procedures
• assess how regulatory changes might affect the company
• provide recommendations about necessary policy and procedural changes
• oversee monthly regulatory compliance weaknesses and work with management
• contribute to the compliance training program
• monitor federal and state regulatory sources for new rules
• draft compliance alerts and maintain a regulatory change log
• summarize complex regulatory changes for operations and leadership
• prepare reports and meeting materials for compliance reviews
• assist in implementation of compliance policies and procedures
• respond to compliance-related inquiries from other departments

Requirements

• Bachelor’s degree is required
• minimum of five (5) years in a compliance role with a financial institution
• Knowledge in mortgage banking and consumer compliance laws and regulations
• Proactive, motivated, strong attention to detail
• Proven track record in building good working relationships
• Ability to work independently as well as in a team environment
• Working knowledge of the Microsoft Office Suite of products
• Analytical writing skills along with strong verbal and written communication skills