Compliance Analyst Jobs

About The Position

Requirements

• Three years to five years of similar or related experience.
• A bachelor's degree, or achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g. information technology certifications in lieu of a degree).
• Overall understanding of the banking industry.
• Understanding of loan system codes.
• Excellent computer skills, including knowledge of operations of a loan processing system, imaging system, and internet.
• Knowledge of office practices, procedures, methods and equipment including Windows, Microsoft Word and Excel.
• Excellent organizational and interpersonal skills, ability to meet deadlines, record keeping skills and time management skills.
• Work independently with little supervision.

Nice To Haves

• Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation.
• Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.

Responsibilities

• Reviews loans according to guidelines for documentation completeness and accuracy.
• Ensure files meet compliance, applicable law, regulatory guidelines, and internal policies and procedures.
• Perform system review to ensure booked loans are accurately input into loan systems.
• Identifies errors and returns for repair.
• Perform quality control of document images and indexing.
• Perform reviews of individual loans and borrowers to ascertain credit quality and if loans are made in accordance with bank policies and guidelines as well as applicable banking laws and regulations.
• Perform quarterly targeted reviews in accordance with loan policy / asset quality /loan review section and targeted product reviews / analysis.
• Recommend loan downgrades and upgrades to the Chief Credit Officer for approval.
• Process paid out files, monitor receipt of recorded documents, monitor expiration of title opinions, process force place insurance, and other various documentation.
• Perform other job related duties as requested.