What are the responsibilities and job description for the Mortgage Compliance Specialist Sr. position at City National Bank?
Mortgage Compliance Specialist Sr.
Job ID
2025-5242
Category
Residential Mortgage Lending
Type
Full-Time
Workplace policy
Hybrid
Overview
The Mortgage Compliance Specialist Sr. is responsible for the centralized disclosure processes; ensuring necessary mortgage disclosures are done accurately, in compliance with regulatory guidelines, within the required timeline for each disclosure, with record of disclosure retained in / with the loan file validating decisions made and determine dispositions. To assist with periodic audits, provide backup for other fulfillment functions, such as loan opening and portfolio and correspondent rate sheets generation, and assist Audit and Compliance Department with special projects.
Principal Duties & Responsibilities :
- Ensures compliance of the Residential Lending department with guidelines and necessary mortgage disclosures listed below :
- Compliance :
- Initial Disclosures
- Reg-B
- MDIA Re-disclosures
- RESPA Re-disclosures : Rate Locks and Allowable Changed Circumstances
- RESPA Pre-Closing Audit : GFE Fees
- Supports with periodic audits, provides backup for other fulfillment functions, such as loan opening and portfolio & correspondent rate sheets generation, and assists Audit and Compliance Department with special projects.
- Provides administrative support to include reviewing and preparing reports and correspondence; and participates in special department projects.
Qualifications
8-10 years of mortgage compliance experience and be familiar with Dodd-Frank, TRID, and general Banking Regulations.
Education
Special Instructions to Candidates