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Bridgewater Bank · 1 day ago

Loan Compliance Specialist

St Louis Park, MN

Full-time

Hybrid

Mid Level

$27.70/hr - $30.90/hr

3+ years exp

Bridgewater Bank is a leading entrepreneurial bank in the Twin Cities, focused on creating a supportive and inspiring workplace. The Loan Compliance Specialist will perform Compliance First Line of Defense reviews to ensure adherence to state and federal regulations within the Loan Administration Department.

BankingFinanceFinancial ServicesReal Estate

Growth Opportunities

Responsibilities

Confirms, collects and inputs HMDA and CRA data to ensure it is consistently and accurately gathered and stored as defined by bank policy and procedure

Assists in submitting the CRA and HMDA LAR’s

Assists in completing compliance reviews to ensure the bank adheres to regulations

Performs Adverse Action monitoring elevating issues to leader

Administers Flood insurance monitoring to ensure compliance with regulation

Adverse Action Letter request and review to ensure compliance with Regulation B

Conducts back-up to monitoring of SOX controls

Monitors regulatory documentation requirements are fulfilled and uploaded to the imaging system setting exceptions for any missing documentation

Presents findings and recommends process changes to improve efficiency and accuracy

Assist in writing of procedures and job aids