Address
Form of workCompeer Financial is seeking collaborative, innovative and dynamic professionals to be a part of our Top Workplace culture!
Tell me more about this opportunity.
Position Overview:
This position manages department and organizational reporting and follow up to assist in formulating data to assist leadership in determining strategic direction for the department, ensure adherence to organizational lending requirements, to understand industry best practices and performance against industry norms, and to provide exceptional client service for the life of loan. The incumbent provides accurate and timely audit and reporting of legal, servicing, and compliance requirements for the purpose of identifying training needs and opportunities for enhancements. Ensures loans are being completed in accordance to program and investor requirements, as well as Farm Credit Administration, State and Federal regulations and policies.
Essential Functions:
- Efficiently reviews samplings of Home Mortgage loan files for compliance, completion, and accuracy regarding Farm Credit Administration Regulations, Federal Lending Laws, as well as Portfolio, Freddie Mac and Farmer Mac investor requirements.
- Coordinates loans to review with the 3rd Party QC Vendor, TENA. And Reviews findings and assigns grades.
- Reviews all loans that are HMDA reportable to verify items required by Reg C are present and correct and manages monthly upload to reporting system.
- Maintains and reviews point of sale and LOS analytics, and pricing system, provides regular and timely reporting of results and identifies training needs and opportunities for enhancements as needed
- Develops, builds and maintains organizational and system analytics for the purpose of client trend analysis, sales strategy development, and efficiency/process analytics.
- Monitors rate lock and unfunded loan reports to prevent unintended loan fees incurred.
Minimum Qualifications & Required Knowledge, Skills and Abilities:
- Associates degree in business administration, agribusinessor related field or an equivalent combination of education and experience sufficient to perform the essential functions of the job.
- Minimum of 5 years of experience in mortgage banking.
- Advanced knowledge of Federal Regulations regarding Home Mortgage Disclosure Act (Reg. C).
- Advanced knowledge in Federal Consumer Lending Regulations (including ECOA, HMDA, FCRA, SAFE, TILA, RESPA, MLA, Flood, etc.), FCA lending policies, and Compeer lending policies and procedures.
- Solid knowledge of consumer lending documentation requirements.
- Basic understanding of reporting, data analytics, accounting and underwriting.
- Must be able to communicate with a high degree of professionalism with regards to audit results performed by Quality Review Team and other internal and external audits.
- Strong listening, written and verbal communication skills, with ability to communicate at all levels of the organization.
- Strong problem solving, decision making and organizational skills.
- Strong computer skills, including MS Office applications and customer relationship management (CRM) programs.
- Strong analytical skills with attention to detail.
- Ability to work independently and collaboratively with other teams to achieve goals and represent the business.
- Valid driver’s license.
