Tennessee Bankers

1904-12 Regulatory Compliance Assistant

The Bank of Fayette County

Regulatory Compliance Assistant

 

SUMMARY:

The function of the Regulatory Compliance Assistant position is to assist the Compliance Officer in performing various compliance audits and various administrative duties.

 

ESSENTIAL FUNCTIONS:

  • Performs audit procedures for various compliance-related regulations, as directed by the Compliance Officer.
  • Prepares and presents a summary of findings to the Compliance Officer for audit procedures performed.
  • Performs follow up reviews, when necessary, to ensure all recommendations or weaknesses have been addressed.
  • Provides support to the Compliance Officer in developing and delivering Bank specific compliance training courses.
  • Maintains the Bank’s ABA on-line training profile; assigns required compliance on-line training courses; monitors for completion.
  • Assists with collection of missing compliance documentation to ensure compliance with all regulations and federal and state laws.
  • Assists the compliance officer in reviewing, approving and monitoring all loans secured by property located in an area of special flood hazard.
  • Logs loan denials and withdrawn applications onto proper log; mails Adverse Action notices and withdrawn application letters, scans and files denied and withdrawn loan applications.
  • Attends Compliance Committee meetings.
  • Other duties as assigned.

 

REQUIRED KNOWLEDGE AND SKILLS:

  • A knowledge of the lending process and loan documents; familiarity with consumer compliance laws and regulations.
  • Ability to read, analyze and interpret documents such as rules, government regulations and procedure manuals.
  • Ability to write reports, policies, procedures and correspondence.
  • Ability to speak and write effectively to present information and respond to questions from groups of managers and employees.
  • Ability to define problems, collect data, establish facts and draw valid conclusions.
  • Must maintain confidentiality of borrower and/or company information.

 

EDUCATION/EXPERIENCE

  • High school education or equivalent.
  • 1 – 2 years of mortgage lending experience, including adherence to regulatory compliance regulations and federal and state laws.
  • Regulatory compliance experience a plus.

 

Please email your resume to:

David Dufour, Director of Human Resources

ddufour@bankoffayettecounty.com