SU POSITION SUMMARY:  Responsible for the daily monitoring of compliance and

Manages                    RESPONSIBILITIES:  

• Oversees and maintains a comprehensive program for compliance controls and reviews throughout the division to promote compliance with mortgage banking and related laws and regulatory matters at the federal and state level.
• Recommends, develops and implements changes to existing and proposed procedures, policies and programs for the mortgage banking division.
• Oversees revision, reparation and dissemination of new and updated mortgage compliance standards and procedures.
• Documents controls and conducts internal self-testing to ensure compliance with all new and existing federal and state laws and regulations that govern mortgage banking.
• Keeps abreast of regulatory and legal developments governing mortgage banking.
• Provides advice, guidance and insight to management and staff personnel on emerging mortgage compliance issues. Consults and guides the division in the establishment of controls to mitigate the risk.
• Provides assistance in the formulation of forms and disclosure documents for compliance with all policies and procedures related to the mortgage banking division.
• Identifies and communicates the need for mortgage compliance education programs and provides compliance training to all division members.
• Acts as point person for all internal and external compliance and risk audits and examinations of the mortgage banking division.  Coordinates and prepares responses as necessary.
• Work closely with the Enterprise Risk Manager and Director of Compliance in their assessment of the effectiveness of controls around compliance in the division.
• Communicate identified issues or deficiencies regarding the compliance control environment to the Director of Compliance and Enterprise Risk Manager.