Loan Compliance Officer I

BankFirst Financial Services • Addison, AL

7d

About The Position

The Loan Compliance Officer 1 ensures the integrity of the bank’s lending practices through rigorous file auditing and process control. This role is highly collaborative, working with the fair lending and loan operations to provide data and file-level findings for the bank’s fair treatment monitoring.

Requirements

• Strong knowledge of lending regulations (Reg B, Z, X, C, Flood, and Fair Lending).
• Ability to work collaboratively with internal departments while maintaining compliance departmental independence.
• High attention to detail in file auditing and data validation.
• Five (5) years of banking experience.
• Two (2) years of lending compliance or loan audit experience.

Nice To Haves

• Experience with loan origination systems and regulatory risk assessments.

Responsibilities

• Quarterly File Reviews: Execute comprehensive quarterly audits of loan files to ensure adherence to TRID, HMDA, Flood, and RESPA. Document findings and track remediation.
• Fair Lending Collaboration: Partner with the Fair Lending Officer to share data and identify potential patterns of concern. Assist in the monitoring of lending practices.
• Loan Ops Quality Control: Work with Loan Operations to implement quality control checkpoints and reporting to mitigate risk during the origination process.
• Data Compliance Team: Work with our internal data integrity team to monitor trends, include in our reporting processes and identify potential training needs.
• Training & Trends: Identify emerging trends from audit findings and assist in developing targeted training for loan officers and processing staff.
• Exam Prep: Support internal/external exam preparation and data requests related to the lending function.

What This Job Offers

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