Mortgage Review

Bravera Careers•Mandan, ND

23h•Hybrid

About The Position

The primary focus of this position is to monitor Compliance, Home Mortgage Disclosure Act (HMDA) and Flood on all 1-4 family and subordinate mortgages. This role involves reviewing loan closing documents, HMDA reportable loans, and ensuring compliance with all loan types prior to origination. The position also requires preparing department reports, maintaining familiarity with compliance laws and regulatory requirements, and assisting with department training and software updates. A high level of confidentiality and professionalism is expected, along with promoting the organization in the community and adhering to all banking rules and regulations, including the Bank Secrecy Act and fraud prevention.

Requirements

Bachelor’s degree in business, finance, or related field.
Two years of related banking experience OR an acceptable combination of education and experience.
Precise attention to detail.

Responsibilities

Monitor Compliance, Home Mortgage Disclosure Act (HMDA) and Flood on all 1-4 family and subordinate mortgages.
Perform 100% review of loan closing documents and HMDA reportable loans for 1-4 family and subordinate mortgages.
Track errors and report to Supervisor for department training needs.
Monitor accuracy of Home Mortgage Disclosure Act (HMDA) data by performing loan level reviews, validating and analyzing loan data, participating in the preparation of the HMDA LAR, researching and resolving HMDA exceptions, and recommending process improvements.
Perform Post Closing Reviews of all loans originated and denied/withdrawn loan requests.
Proof loan documents to ensure compliance on all loans types prior to origination.
Prepare department reports documenting results of reviews as required.
Maintain general familiarity with compliance laws and regulatory requirements.
Assist in coordinating all department training related to compliance initiatives.
Assist Mortgage Administration Supervisor and Mortgage Software Administrator in review of software updates for compliance and implementation of new documents.
Maintain a high level of confidentiality and professionalism regarding all employee and customer issues and information.
Promote the organization in the community through participation in various civic and community events, activities, committees, and organizations.
Contribute to the overall success of the organization by promoting teamwork, open communication and leveraging opportunities as they relate to all entities of Bravera Holdings Corp.
Adhere to all banking rules and regulations, including but not limited to the requirements of the Bank Secrecy Act.
Be proactive in the prevention of illegal activities, vigilantly look for activities that may constitute any type of fraud including money laundering and report any suspicious activity to the BSA Officer.