First Republic Bank

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Compliance Support Specialist, Lending Services

Compliance Support Specialist, Lending Services

ID 
2017-5388
Job Locations 
US-CA-San Francisco
Category 
Lending

More information about this job

Overview

First Republic Bank is looking for a motivated professional with lending compliance knowledge to join our Lending Compliance team. As a Residential Compliance Support Specialist, you will be primarily responsible for conducting pre-closing QC reviews on residential mortgages with a focus on regulatory compliance.  You will utilize knowledge of lending with reference to FNMA guidelines, loan applications, initial TRID disclosures, flood determinations, flood notices, and a good understanding of loan origination systems to validate against loan completeness, timeliness, accuracy, and compliance with regulatory guidelines including the Truth in Lending Act (TILA) / Real Estate Settlement Procedures Act (RESPA), Flood, Home Mortgage Disclosure Act (HMDA), and Equal Credit Opportunity Act (ECOA) or Regulation B.  You will also collaborate with Loan Specialists, Executive Loan Committee (ELC), Closing, and funders to facilitate the clearing of errors and exceptions.  Additional responsibilities may include responding to TRID related questions or investor guidelines and helping to resolve regulatory questions and concerns. The goal of this position is to head off and mitigate compliance errors while facilitating the loan file review. 

Responsibilities

Additionally, you will:

  • Perform thorough, timely QC reviews of residential mortgages originated loan files.
  • Collaborate with Loan Specialists, ELC, Closing and others to clear compliance errors and exceptions, alerting teams to the need to re-disclose when required. Work QC queue efficiently and demonstrate strong customer service orientation with internal partners with an emphasis on clearing errors and resolving issues.
  • Stay current on regulatory guidance from Corporate Compliance through meetings and discussions, participation in training, reading emails, memos, and presentations.
  • Share insights about opportunities to improve the Residential Lending QC process with respect to workflow, communication, job aids, systems, or other constructive suggestions.
  • Perform duties and responsibilities specific to department functions and activities or as assigned by supervisor.
  • Responsibilities include the following: 1) adhering to and complying with all applicable, federal and state laws, regulations and guidance, including those related to Investor Guidelines; 2) adhering to Bank policies and procedures; 3) completing required training;

Qualifications

  • Bachelor’s Degree, preferred.
  • Two to three years of experience in a compliance-related lending environment, preferred.
  • Strong working knowledge of MS Word / MS Outlook / MS Visio / MS PowerPoint/ MS Excel.
  • Proactive individual able to operate efficiently in a fast paced environment.
  • Quick learner and ability to manage multiple priorities.
  • Proven ability to work under pressure and meet strict deadlines.
  • Ability to succeed in a team-oriented work environment.
  • Able to quickly forge effective working relationships with a variety of personalities.
  • Excellent verbal and written communication skills.
  • Demonstrated skills in organization and strong attention to detail.
  • Furthers the First Republic Bank culture and values.
  • Must be able to provide extraordinary service and have fun!

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