Trid Lending Specialist

Guaranty Bank & Trust Company•Iuka, MS

21h

About The Position

The TRID Lending Specialist handles consumer loan applications covered by Truth in Lending/Real Estate Settlement Procedures Act Integrated Disclosure (TRID) regulations, except for making final credit decisions. The role accepts applications from branch lenders or lender assistants, communicates with applicants, gathers and verifies information and documentation, and prepares applications and loan files for decisioning, compliance, processing, and closing. The specialist coordinates loan closing arrangements, reviews documents for accuracy, presents loan packages to borrowers, obtains signatures, disburses funds, and submits completed materials for booking and processing. The role also provides customer service to applicants, callers, and visitors; follows applicable consumer lending, banking, disclosure, and privacy requirements; and performs additional duties to support an efficient loan process. The position is regular full-time, hourly, and non-exempt, and is based in Greenville or Iuka.

Requirements

High school diploma or equivalent.
One to two years of experience in banking or a related field.
Ability to comply with consumer lending regulations and applicable disclosure and consumer privacy requirements.
Proficient alphanumeric data-entry skills.
Accuracy and attention to detail in reviewing and documenting work.
Active listening, critical thinking, and conceptual-thinking skills.
Accountability, confidentiality, ethical conduct, integrity, and respect.

Nice To Haves

Post-secondary certificate or degree; experience may be considered.
Three to five years of experience in banking compliance, HMDA/CRA, lending, or a related area.
Knowledge of HMDA/CRA regulatory requirements and underwriting.

Responsibilities

Receive TRID loan applications from branch lenders and/or lender assistants and establish communication with applicants.
Enter applications into the appropriate software and follow established timing guidelines for obtaining disclosures and loan documents.
Gather, order, obtain, verify, and document information needed to underwrite applications, including applicants’ and co-signers’ or guarantors’ income and expenses.
Provide the decisioning lender with information and documentation needed to make a sound decision in a timely manner; the role does not make final decisions.
Comply with regulations related to consumer lending and compile documentation needed to demonstrate compliance and protect the bank’s collateral position.
When requested by the decisioning lender, send Adverse Action Notices or Counter Offer Notices with appropriate reasons or stipulations for declined applications within 30 days of the application date.
Prepare accurate loan files and documentation for Safety/Soundness, Compliance, BSA, OFAC, loan processing, and other applicable requirements.
Establish loan closing dates and times, check loan documents for accuracy, prepare loan packages, present packages to borrowers, answer questions, obtain signatures, and disburse funds appropriately.
Prepare and balance disbursement and fee tickets, submit required documentation to New Loans immediately after disbursement, and send completed loan packages to Loan Processing in a timely manner.
Obtain additional post-closing information or documentation and clear exceptions in a timely manner.
Follow procedures for attaching documentation electronically and guidelines for providing HMDA and CRA information.
Follow applicable federal banking regulations, including BSA, OFAC, CRA, ADA, the Right to Financial Privacy Act, the Gramm-Leach-Bliley Act, applicable Federal Reserve regulations, and requirements related to the TRID Lending Specialist role.
Represent Guaranty Bank & Trust Company professionally, efficiently, and tactfully; greet and assist customers, build professional relationships, answer basic inquiries within disclosure and privacy requirements, route callers, and direct visitors.
Work overtime as needed, complete assigned BVS courses in a timely manner, assist other departments as needed, and perform other assigned duties to support an efficient loan process.
Perform work in accordance with bank guidelines, policies, procedures, and standards of performance.