What are the responsibilities and job description for the RETAIL LOAN COMPLIANCE SPECIALIST position at Nicolet National Bank?
At Nicolet National Bank, our culture is based on the principles of community banking, putting the needs of our customers at the forefront of our decision-making. Our Core Values drive everything we do, and we are committed to serving our customers with excellence. We believe that every job in our organization is critical to our success, and we are dedicated to creating a work environment where our employes feel valued, respected, and supported. With locations in Wisconsin, Michigan, Minnesota, and Florida we are proud to service our local communities and make a positive impact on the lives of our customers. At Nicolet National Bank, we believe that our people are our most valuable asset, and we are committed to investing in their growth and development.
The Lending Compliance Specialist works primarily in retail, consumer, and mortgage lending.
As a Lending Compliance Specialist, you will:
- Assists in verifying the accuracy of information reported by customers on the Home Mortgage Disclosure Act (HMDA) Loan Application Register (LAR).
- Perform post-closing quality assurance audits of consumer and mortgage loans. Report detected errors to the AVP Compliance Manager and Loan Processing Control Manager.
- Perform reviews of retail non-originated loans. Report detected errors to the AVP Compliance Manager and Loan Processing Control Manager.
- Organize data from post-close quality assurance loan reviews (QA) and non-originated loan reviews into reports to be delivered to bank management.
- Work with loan production managers to ensure origination procedures are compliant with applicable statues and regulations.
- Provide support to the compliance team, and loan production related to lending regulations such as: Regulation Z (Truth in Lending), Flood Disaster Protection Act, Real Estate Settlement Procedures Act (RESPA), HMDA, etc.
- Provide administrative support and assistance to the Compliance Officer.
- Uphold Nicolet's philosophy and policies by maintaining appropriate controls to ensure full compliance with applicable laws and regulations, thereby fulfilling legal responsibilities and enhancing the quality of services provided by Nicolet.
- Understand and communicate the value of diversity within the workplace and to work successfully with others without regard to age, gender, race, sexual orientation, ethnicity, culture, religion, disability status, socioeconomic status, or other non-job-related classification, including a commitment to Nicolet's policies on equal employment opportunities and non-discrimination with a willingness to pursue efforts of inclusion and respect toward different perspectives.
- Performs all other duties as assigned.
Qualifications
- High School Diploma
- Two years in a retail lending environment preferred.
- Experience in mortgage quality control (QC/QA) preferred.
- Knowledge of retail lending laws and regulations to include: Regulation Z (Truth in Lending), Flood Disaster Protection Act, Real Estate Settlement Procedures Act (RESPA), HMDA, Gramm-Leach-Bliley Privacy.
- Strong analytical, technical, and statistical skills.
- Strong attention to detail.
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities and skills required for the position.
Equal Opportunity Employer/Veterans/Disabled
An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
If you have any questions or need assistance in the application process, please contact HR at recruiting@nicoletbank.com
