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- Logs loan denials and withdrawn applications onto proper log; mails Adverse Action notices and withdrawn application letters, scans and files denied and withdrawn loan applications.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
