The Compliance Specialist is responsible for ensuring lending operations, policies, and procedures align with legal standards, industry regulations, and internal policies.
ESSENTIAL FUNCTIONS:
- Conduct first line monitoring reviews of the Residential and Commercial lending departments
- Analyze the root cause of exceptions and make practical recommendations for improvement
- Review and maintain first line lending compliance procedures
- Maintain up to date knowledge of key Federal and State lending regulations
- Assist with the coordination of lending audits
- Conduct department specific compliance training as necessary
- Review and reconcile monthly flood reports
- Act as a back-up for the Collections Specialist as needed
- Assist in other Compliance related functions of the Bank as requested
- 3+ years in residential lending compliance and/or audit with knowledge of federal and state regulations
- 1+ years in Commercial lending compliance and/or audit with a focus on CRA, HMDA and CD
- Knowledge of general Bank policies, operating procedures, and internal controls, banking laws and regulations
- Proficiency with Microsoft Office products
- Strong verbal and written communication skills
- Ability to perform compliance reviews independently and under general supervision
- Well organized with attention to detail
- Demonstrated ability to exercise independent and sound judgment
- Ability and willingness to be on site 5 days a week
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What We Do
Since 1960, Northern Bank has been the banking partner of choice for businesses and consumers throughout New England. We take an entrepreneurial, commonsense approach to providing a complete line of banking solutions. We are deeply invested in the communities we serve and passionately committed to helping you, our customers, grow. Thanks to the unwavering dedication of our team and the loyalty of our customers, we have been named the #1 performing Community Bank in New England for seven straight years and #1 in the United States in 2015. Northern Bank provides businesses and individuals with deposit and cash management services, commercial and franchise financing, residential mortgages, and wealth management services. We currently operate 12 branches in the Greater Boston market. For more information, contact us at 800-273-6908 or visit www.nbtc.com. Member FDIC | Equal Housing Lender. http://facebook.com/northernbankma http://twitter.com/northernbankma Social Media Guidelines: https://www.nbtc.com/customer-service/FAQs/what-are-our-social-media-guidelines-610
