Coml Loan Compliance Coordinator

First Busey Corporation Creve Coeur , MO 63141

Posted 1 week ago

Schedule

  • Monday
  • Friday 8:00am

  • 5:00pm

Duties/Responsibilities

  • Thorough understanding of the federal regulations that apply to the Community

Reinvestment Act (CRA) and Home Mortgage Disclosure Act (HMDA) and Community

Development (CD) and review loan documentation to accurately report CRA, HMDA,

and CD loans.

  • Create and review monthly compliance pulls from LaserPro to QuestSoft to

confirm accuracy and that loans meet required reporting requirements.

  • Thorough understanding of federal regulations on flood hazard insurance and

collaborate with lenders and staff on compliance. Maintain flood insurance spreadsheet to

confirm no lapse in insurance coverage and force place insurance as needed to

remain in compliance.

  • Prepare quarterly FDICIA report to be presented to the Board.

  • Review denied and withdrawn loan reports. Report HMDA loans, when applicable, and send out adverse action notices

as required by the Commercial Loan Policy.

  • Review Risk Management findings and clear exceptions.

  • Keep abreast of regulatory changes that affect Commercial Lending.

  • Work with various departments as needed to assess adherence to compliance

requirements.

  • Serve as a resource for compliance issues and research issues as required.

  • Establish and maintain strong relationships with Compliance Committee

representatives and other departmental contacts as needed.

  • Assist the Commercial Compliance Director in review of all compliance-related

forms and disclosures.

  • Work with internal audit and examiners on an as needed basis.

Education

  • Requires 2 or more years of commercial banking and/or audit/compliance

experience or Business related degree.

  • Understanding of the commercial loan process and its documentation preferred.

  • Requires knowledge of Microsoft Word and Excel.

Qualifications

Knowledge of:

  • Strong oral and written communication skills

  • Regulatory compliance requirements

Ability to:

  • Multi-task and work independently

  • Perform duties under frequent time pressures

  • Solve problems independently while applying logic and discretion

EOE of Minorities/Females/Vets/Disability


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Coml Loan Compliance Coordinator

First Busey Corporation