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Loan Compliance Monitoring & Testing Specialist (Remote - WA, OR, CA, ID)

bannerbank · 30+ days ago
Negotiable
Full-time
Remote
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More than 130 years ago, we started with core values that never go out of style: listen, learn and help businesses and individuals reach their goals. Our financial strength and stability are key reasons Forbes names us one of the Best 100 Banks in America the past eight consecutive years and Newsweek names Banner one of the Most Trustworthy Companies the past four years.

With more than $15 billion in assets and over 150 locations throughout Washington, Oregon, Idaho, and California, we understand our role in the economy and take that responsibility seriously. In addition to offering a source of capital to personal banking clients and businesses of all sizes, we place a high importance on employee volunteerism and donate millions of dollars each year to community organizations.

As a Loan Compliance Monitoring & Testing Specialist with Banner Bank you will be part of a centralized team who is a liaison to second line compliance, providing regulatory support and internal control discipline within lending business units. Responsible for performing multiple functions designed to ensure the fulfillment of the Bank's commitment to data accuracy and compliance related to Commercial, Small Business, and Consumer lending regulations, including but not limited to, Community Reinvestment Act, Home Mortgage Disclosure Act and Dodd-Frank 1071 Small Business Lending under the Equal Credit Opportunity Act. Participate in various compliance workgroups responsible for operational readiness and ongoing program compliance. Assist the Unit Manager in compiling information for reporting to management. May additionally assist with monthly and/or quarterly testing of all compliance data and may assist the Unit Manager in updating loan policies and procedures of the Bank to ensure compliance with appropriate laws and regulations. 

In this role you'll have the opportunity to:

  • Responsible for gathering required accurate information for 1071, HMDA, and CRA repositories.
  • Responsible for preparing monthly 1071, HMDA and CRA loan registers.
  • May assist with testing of various Commercial, Small Business, and Consumer lending compliance regulations for accuracy and completeness.
  • May assist in tracking and monitoring complaints and marketing and other reviews. Provide reporting as needed.
  • Perform administrative and other support for the Department. Responsible for database administration if applicable to job duties. May assist in preparation of reports for various committees, workgroups, and projects.
  • Responsible for reporting to the Unit Manager any findings. Responsible for documentation in all phases of work.
  • Responsible for complying with policies, procedures, security requirements, and government regulations. Participate in continuing education to maintain and enhance job performance.

Education & Certifications

  • H.S. Diploma: General Education required (an equivalent combination of education and experience may be considered) 

Experience

  • 2 or more years of experience in Compliance, CRA, or a related area, such as auditing, loan review, or database management required 

Knowledge, Skills and Abilities

  • Knowledge of Commercial, Small Business, and Consumer lending and banking products, including a basic understanding of regulatory requirements.
  • Possesses a working knowledge of Commercial, Small Business, and Consumer regulations. Including, but not limited to Small Business 1071, CRA, and HMDA and any other laws and regulations which apply to banks. A basic understanding of regulatory processes and compliance is required.
  • Ability to organize and prioritize heavy workloads in a fast-paced deadline-driven environment, while maintaining accuracy and quality of work.
  • Possess strong interpersonal, written and verbal skills with the ability to communicate professionally and effectively.
  • Possesses ability to work independently as well as part of a team. Be self-motivated and effectively manage time and resources. Demonstrated ability to work collaboratively with all levels of employees to resolve issues relative to the role.
  • Ability to perform data extracts, data downloading, and data formatting. Ability to develop knowledge of software and database applications used in the fulfillment of job requirements. 

Compensation & Benefits

  • Targeted starting salary range (based on experience): $23.71 - $31.25
  • Incentive potential
  • Comprehensive employee benefits, including: medical, dental, vision, LTD, STD and life insurance
  • Paid vacation time, sick time and 11 company paid holidays
  • 401k (with up to 4% match)
  • Tuition reimbursement up to $5,250 annually
  • Get more information at: Employee Benefits | Banner Bank
Please take time to review Banner Bank's Consent & Privacy notice before applying.

Banner Bank is an Equal Opportunity Employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, marital status, age, disability or protected veteran status.

Banner Bank does not accept unsolicited resumes from agencies and/or search firms for any job postings. Resumes submitted to any Banner Bank employee by a third-party agency and/or search firm without a valid written and signed search agreement, will become the sole property of Banner Bank. No fee will be paid if a candidate is hired for a position as a result of an unsolicited agency or search firm referral.

Last updated on Sep 9, 2024

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