Lending Compliance Analyst

Job Description

Salary:

Lending Compliance Analyst:

Position Summary:

The Lending Compliance Analyst will support, implement, and monitor the end-to-end internal compliance audit monitoring program for the Consumer and Lending departments to ensure regulatory reporting and documentation requirements are met. This position will monitor all credit-related regulatory compliance policies and procedures, risk assessments, and monitoring of new credit-related laws and regulations.

Job Requirements:

Bachelor's degree in a related field required. Minimum 2 years relevant experience required. Knowledge of applicable federal and state laws preferred. Lending Experience preferred. Complies with all policies and procedures of MIT and MIT Federal Credit Union. Displays professional behavior, attitude, appearance and dress. Projects a positive image for Credit Union. More progressively responsible work experience within the mortgage and consumer lending functions of a financial institution where the incumbent has gained an in-depth working knowledge of the following lending regulations: Equal Credit Opportunity Act (Reg B); Truth in Lending Act (Reg Z) and Real Estate Settlement Procedures Act (Reg X), together known as TILA/RESPA or TRID; Home Mortgage Disclosure Act (Reg C); Fair Credit Reporting Act (FCRA); Flood Insurance Regulation; Fair Lending Act; Fair Housing Act; State Banking lending laws, Fannie Mae/Freddie Mac/FHA/VA guidelines and the loan process, from underwriting through servicing.

View full job description here