Compliance Specialist

Northern Bank • Woburn, MA

42d • $27 - $44 • Onsite

About The Position

The Compliance Specialist is responsible for ensuring lending operations, policies, and procedures align with legal standards, industry regulations, and internal policies.

Requirements

• 3+ years in residential lending compliance and/or audit with knowledge of federal and state regulations
• 1+ years in Commercial lending compliance and/or audit with a focus on CRA, HMDA and CD
• Knowledge of general Bank policies, operating procedures, and internal controls, banking laws and regulations
• Proficiency with Microsoft Office products
• Strong verbal and written communication skills
• Ability to perform compliance reviews independently and under general supervision
• Well organized with attention to detail
• Demonstrated ability to exercise independent and sound judgment
• Ability and willingness to be on site 5 days a week

Responsibilities

• Conduct first line monitoring reviews of the Residential and Commercial lending departments
• Analyze the root cause of exceptions and make practical recommendations for improvement
• Review and maintain first line lending compliance procedures
• Maintain up to date knowledge of key Federal and State lending regulations
• Assist with the coordination of lending audits
• Conduct department specific compliance training as necessary
• Review and reconcile monthly flood reports
• Act as a back-up for the Collections Specialist as needed
• Assist in other Compliance related functions of the Bank as requested

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed