Mortgage First Line Compliance Specialist

Compliance Nashville, Tennessee


Description

Responsibilities:
  • Review and work with business units to confirm audit findings from a Regulatory Compliance perspective and document audit response and full resolution of items noted.
  • Function as a collaborative partner with all business units focusing on solving real problems from a Compliance perspective for internally and externally raised issues. Document audit response and full resolution of items noted.
  • Partner with FirstBank Corporate Compliance Department to ensure consistency in addressing opportunities to enhance regulatory practices and communications to all Mortgage departments.
  • Complete research to identify root cause for issues identified.
  • Detect opportunities to automate and streamline internal processes to improve efficiency and performance effectiveness.
  • Review updates to Loan Operating System for opportunities for Compliance process improvement.
  • Establish yourself as a subject matter expert on all FirstBank’s processes, products, and services, maintaining a current and comprehensive knowledge base.
  • Use spreadsheets and databases to maintain detailed audit records/ tracking of identified issues and remediation action plans.
  • Continuously participate in the improvement of operational tools, as well as active involvement in other projects as required.
  • Stay up to date on regulatory updates/ changes and pro-actively ensure actions are taken to educate FirstBank Mortgage associates on the changes and validate that policy and procedures are modified accordingly.
  • Partner with and provide support to other members of the First Line Compliance Department.
  • Other duties as assigned.

Qualifications: 

  • 5+ years’ experience in the Mortgage Industry, with 2 or more years’ experience in a compliance/risk/audit role or processing/ underwriting role
  • Working knowledge federal mortgage lending regulations, consumer protection laws, and loan disclosures.
  • Ability to build rapport and trust with teams cross-functionally and across all levels.
  • Above average, effective communication, time-management, and presentation skills.
  • Excellent organizational skills and attention to detail.
  • Ability to thrive in a fast-paced company.
  • Encompass Experience a plus.

FirstBank does not accept unsolicited resumes from agencies and staffing firms. Recruitment agencies and consultants may not submit resumes directly to managers. FirstBank will not pay fees to any third-party agency or company that does not have a signed agreement as an approved vendor. FirstBank in an Equal Opportunity Employer, including disability.