Retail Lending Disclosure Specialist

Are you a driven Retail Lending Disclosure Specialist looking to join one of the top banking institutions? Don't miss your chance and apply now!

What you will be doing as the Retail Lending Disclosure Specialist:

• Ensures procedures regarding real estate secured loans are being met according to company and regulatory guidelines and policies.
• Initial disclosures (including Loan Estimate), redisclosures for change of circumstances, prequalification loan disclosures, monitoring for Regulation B requirements and expiration of expired loans.
• Compliance testing and review for high priced loans, high cost loans, APR calculations, TILA/RESPA, reporting requirements, consumer protection to safeguard and protect the corporation and its affiliates.
• Acquires knowledge of the consumer and mortgage product lines that you are assigned to, origination systems, all applicable laws and the bank's lending policies and procedures.
• Prepare Initial disclosures, including Loan Estimate with each new approved mortgage loan real estate secured application, within regulatory time frames
• Responsible for partnering with lending staff to address any documentation deficiencies or issues prior to issuing disclosure documentation.
• Prepare an updated set of disclosures whenever there has been a valid change of circumstance, within regulatory time frames
• Review and monitor Compliance testing system, within Loan Origination system for regulatory issues and resolution as needed, based on internal policies/procedures
• Monitor Prequalification loans that are reaching expiration, set forth in internal policies/procedures
• Monitor Prequalification loans approaching 30 days with no decision to stay within Reg B guidelines

What you will need as the Retail Lending Disclosure Specialist:

• High School Diploma or equivalent
• Two years related to, or compatible with, audit, compliance or related bank experience
• Experience working with banking loans.
• Strong verbal and written communication skills for interacting with customers and partners.
• Ability to interpret legal and regulatory directives in an atmosphere of constant change.
• Understanding of TRID and ability to use mortgage loan systems.
• Detail-oriented, strong organizational skills, and proficiency in MS Office