Mortgage Disclosure Specialist - Ridgeland, MS

BankPlus • Ridgeland, MS

3d

About The Position

The Mortgage Disclosure Specialist prepares initial disclosures and redisclosures within required TRID timelines, ensuring they are accurate, timely, and compliant with applicable regulations. The role involves reviewing loan files and disclosure dashboards, coordinating with originators and other mortgage teams, monitoring compliance and fees, and supporting procedures that improve quality and efficiency. The position also requires maintaining knowledge of BankPlus products, policies, procedures, and relevant regulatory requirements, completing assigned compliance training, and participating in the bank’s High-Performance Rewards Connections program.

Requirements

• High school diploma required.
• One year of experience working with TRID loan documents.
• General computer and typing experience, including Microsoft Office Suite (Excel, Word, and Outlook).
• Detail-oriented, with excellent clerical and organizational skills.
• Excellent verbal and written communication skills.
• Ability to handle multiple tasks.
• Ability to work outside regular business hours when necessary.

Nice To Haves

• Bachelor’s degree preferred.
• Previous experience with Encompass software preferred.

Responsibilities

• Prepare and review initial disclosures within three days of the TRID application date; review files received during the first two days and disclose within 24 hours or as early as possible after receipt.
• Prepare and send redisclosures within three days of a change of circumstance, based on system or processor notifications.
• Review dashboards daily to confirm disclosures meet TRID timing requirements.
• Review loan origination dashboards and pipelines to ensure pre-qualifications meet disclosure timelines.
• Validate eDisclosed loans that have not been acknowledged and send hard copies of disclosures in compliance with regulations.
• Run Mavent Preview Compliance Reports and inform originators of alerts or failures.
• Order Flood Certifications, USPS/address verifications, PMI quotes, and initial Fraudguard.
• Send daily reports and follow up on receipt of Notices of Intent for disclosed files.
• Review forms, disclosures, and other documents to validate information and ensure compliance for all loans, including non-originated loans submitted to Compliance.
• Monitor closing-cost templates and state-specific rules, research identified changes, and help ensure accurate fee disclosures and prevent disclosure errors and related monetary losses or cures.
• Help maintain written procedures and updated checklists, and recommend improvements to the Mortgage Disclosure Manager to increase quality and efficiency.
• Communicate with Originators, the Mortgage Disclosure Manager, and Secondary Marketing Teams about compliance alerts, pricing, and data-entry discrepancies in Encompass loan files.
• Ensure disclosed loans adhere to BankPlus, regulatory, agency, and investor guidelines so they are eligible for sale in the secondary market.
• Maintain knowledge of BankPlus products, services, policies, procedures, and regulatory issues relevant to daily work, including the Bank Secrecy Act, Privacy Act, Fair Lending Act, and Regulation E; complete assigned compliance training and adhere to the bank’s standard of conduct.
• Participate in the bank’s High-Performance Rewards Connections program.
• Perform other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED