Mortgage Compliance Specialist

SWBC•Palos Township, IL

4d•Onsite

About The Position

SWBC is seeking a talented individual to provide support and assistance in all aspects of the mortgage finance business and compliance to include originating, implementing, and maintaining the Bank's compliance programs to ensure conformity and adherence with all applicable state and federal laws and regulations. In this role, you will provide independent oversight and guidance regarding SWBC Mortgage products, services, and processes through a compliance framework to ensure they are executed in accordance with regulatory requirements. In partnership with the business and key stakeholders, you will continuously drive a strong culture of compliance and demonstrate integrity and professional judgment in protecting the interests of SWBC and our borrowers.

Requirements

High School diploma or equivalency.
Minimum three - five (3-5) years of consumer lending, administrative support, or related experience.
Working knowledge of consumer lending regulations.
Excellent written and verbal communication skills.
Excellent organizational and interpersonal skills.
Able to operate Microsoft products to include Word and Excel.
Able to quickly learn specialized software.
Able to focus on details, demonstrate accuracy, and maintain a high level of confidentiality.
Able to work independently on multiple projects with tight deadlines.
Able to type at least 40 wpm accurately.
Able to sit for long periods of time compiling data, entering and updating information, and other sedentary duties.

Nice To Haves

Mortgage processing experience preferred.

Responsibilities

Supports internal customers to ensure compliance with state or federal lending laws and company policy by gathering forms and data required for new and renewal licensing requirements and answering basic compliance policy and procedure questions.
Assists in the preparation of federal and state regulatory examinations and internal audits by compiling documentation.
Provides administrative support to include reviewing and preparing reports and correspondence; and participates in special department projects.
Performs internal pre-close and post-close audits.
Assists with the development and implementation of compliance policies and procedures by researching and monitoring changes in regulatory requirements.
Creates, revises, and maintains federal and state lending disclosures by working with external LOS and external document preparation companies.
Maintains state and federal lending reference manuals, matrices and history files.
Assists with coordination and responding to notices from regulatory agencies and investors.