Lending Compliance Supervisor

2 weeks ago


Columbus, Mississippi, United States BankFirst Financial Services Full time
Job Overview

POSITION SUMMARY: The Lending Compliance Supervisor will play a pivotal role within the Compliance Team, dedicated to ensuring adherence to regulatory standards. The primary focus is to enhance the effectiveness of the Compliance Management System (CMS) specifically for lending activities. This involves refining the existing framework, establishing a clear vision and strategic direction for compliance and risk management, and leading a team of compliance professionals.

KEY RESPONSIBILITIES:

  • Policy Development: Collaborate with the Compliance Director to formulate and implement Lending Compliance Policies. Ensure that existing policies are reviewed and reapproved regularly, particularly in response to regulatory changes.
  • Procedure Implementation: Assist in creating detailed Lending Compliance Procedures aimed at equipping new employees with the necessary tools to meet regulatory expectations.
  • Training Coordination: Work alongside the Training Manager to deliver annual loan compliance training tailored to the roles of all bank personnel. Provide ongoing mentorship and training through various methods including group sessions and individual discussions.
  • Monitoring and Auditing: Partner with the Compliance Director to assess internal compliance monitoring efforts, conduct audits, and perform risk assessments to ensure regulatory adherence. Identify compliance vulnerabilities and develop corrective action plans as necessary.
  • External Audit Liaison: Act as the main point of contact for external auditors and examiners during compliance audits and examinations.
  • Complaint Management: Support the Complaint Resolution Officer in investigating and resolving loan compliance issues, while analyzing complaint data to identify trends for improvement.
  • Reporting: Assist in reporting on the Lending Compliance Management Program to various committees and business heads.
  • Cross-Functional Collaboration: Engage with different teams to foster a culture of compliance and integrity across the organization.
  • Regulatory Updates: Stay informed on lending regulatory changes and proactively identify potential compliance risks.
  • Marketing Compliance: Collaborate with the Marketing Department to ensure all promotional materials comply with lending regulations.

QUALIFICATIONS:

  • Proficient in Microsoft Office Suite and willingness to learn Google G Suite.
  • Strong understanding of consumer, mortgage, and small business lending operations.
  • In-depth knowledge of federal lending regulations and guidelines.
  • Excellent organizational, analytical, and communication skills.
  • Ability to lead and mentor a team of compliance professionals.
  • Capability to manage multiple tasks in a fast-paced environment.


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