Community Development Compliance Specialist ensures the organization's adherence with Community Reinvestment Act (CRA) banking laws. Reviews and analyzes lending activity data as well as other activities and policies of the organization to ensure compliance with CRA policies. Being a Community Development Compliance Specialist coordinates the preparation of required government, regulatory, and other compliance documents for all community development activities. Advises management and coordinates with legal staff on potential impact of actions. Additionally, Community Development Compliance Specialist develops and recommends guidelines and standards to assist with compliance. Has current and extensive knowledge of all CRA regulations and policies. Requires a bachelor's degree. Typically reports to a supervisor or manager. The Community Development Compliance Specialist gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Community Development Compliance Specialist typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)
What The Role Is
Under general supervision, the mortgage loan officer is responsible for originating new mortgage
loan business for the bank by working with Realtors, Builders, past clients, and other referral
partners.
This Mortgage Lender will be responsible for participating in the areas Community
Reinvestment Act lending activities by making joint calls with the Bank CRA Coordinator and be
responsible for community outreach in our Low to Moderate Income areas.
How You will Make an Impact
* Solicit business from potential and existing customers (outside and inside business location).
* Interviews loan applicants and processes loan applications for both purchase and refinance
transactions.
* Counsel borrowers about various loan programs and help them to select the program that best fits
their financial goals and needs.
* Assist the loan processor in gathering the necessary documents from the customer to prepare for
underwriting.
* Works closely with the processor and underwriter to address any underwriting issues and get
closed.
* Manages a large pipeline of loans including meeting closing deadlines, submitting loans to
compliance, and making sure their pipeline meets the banks requirements.
* Provides and maintains a professional, business-like atmosphere within the organization.
* Represents the financial institution in public relations activities and community affairs.
Who You Are
* Thorough understanding of all loan programs and closing costs.
* Have a good understanding of FHA, VA and conventional underwriting guidelines for all loan
investors.
* Must be able to meet strict time deadlines and work independently under pressure.
* Must be detail oriented and able to follow set guidelines.
* Possess ability to sell oneself to potential customers and referral partners.
* Excellent written and verbal communication skills.
Clear All
0 Community Development Compliance Specialist jobs found in Gulfport, MS area