Mortgage Compliance Rep 4 - Looking for top talent with strong Fair Lending knowledge

Mortgage Compliance Rep 4 - Looking for top talent with strong Fair Lending knowledge

Title: Mortgage Compliance Rep 4 - Looking for top talent with strong Fair Lending knowledge
Location: Minnesota-MN-Bloomington
Other Locations:
This person's primary responsibility is to support the Regulatory Compliance area of Mortgage Risk Management Must assist and be familiar with all aspects of Compliance area. Ensures assigned locations, business units, or proposed products and processes are in compliance with various laws and regulations. May be involved in a variety of compliance projects and initiatives regarding information disclosure, legal proceedings, etc. Performs periodic reviews to assess level of regulatory compliance. Responsible for complex compliance activities and projects. Work is typically performed independently, with minimal guidance. Generally responsible for leading the design/development of policies, procedures, training programs, and systems in order to ensure adherence to federal, state, and local laws and regulations. Provides Compliance guidance to Mortgage staff members. Incumbent typically has a bachelor's degree and over five years of related experience.

Assist the Compliance System's area with the monitoring, maintenance, and organization of regulatory changes with regard to all applicable Mortgage system's applications. Assist in the maintenance of insuring regulatory and agency requirements are met via proper documentation in all applicable Mortgage systems.

Primary responsibilities include:

· Monitoring regulatory and agency requirements (updating charts, reviewing documents, creating MSR's, etc.)
· Assist with monitoring of daily releases (i.e. FHA/VA, FNMA/FHLMC guides, document vendor releases, Counselor Law, Lotstein Buckman, OCC, etc);
· Assisting with document updates (i.e. VMP)
· Assist in Policy Making, writing and implementation for all compliance related mortgage processes
· Work on new systems implementation for retail & wholesale applications
· Assist with Loan Officer training
· Miscellaneous duties assigned (i.e. special projects assigned to compliance);

Your Career is Here!

Extensive understanding of Mortgage Banking and Compliance related to such is required. Working knowledge of current Mortgage Systems is very desirable. Strong computer skills to include knowledge of Word and Excel spreadsheets including Excel calculations. Must be experienced in researching Internet, working with HTML and PDF files. Must be able to link documents for easy viewing as released. Must have exceptional typing skills and proofing ability. Detail oriented person with strong organizational skills, proofing ability and typing skills. Must be able to work in a fast paced environment, set priorities and meet deadlines in an efficient manner. Must have a positive attitude and be willing to assist others. Strong in both written and verbal communication skills. Excellent organizational skills. Motivated self starter. Strong skills pertaining to detail and accuracy. Ability to work well with others. Ability to maintain being flexible to meet a fast paced environment and successfully multi-task.

Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Five to eight years of experience in regulatory compliance activities

Preferred Skills/Experience
- Advanced knowledge of government and regulatory laws and regulations
- Thorough knowledge of U.S. Bancorp operations, policies and procedures
- Excellent verbal and written communication skills
- Ability to research and manage multiple projects and deadlines simultaneously
- Strong presentation skills