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.
confirm accuracy and that loans meet required reporting requirements.
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Review denied and withdrawn loan reports.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
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.
forms and disclosures.
experience or Business related degree.
Understanding of the commercial loan process and its documentation preferred.
Requires knowledge of Microsoft Word and Excel.
Strong oral and written communication skills
Regulatory compliance requirements
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
First Busey Corporation