Disclosure Desk Specialist

Shore United Bank; Annapolis (MD); On-site; USD 30,000 - 44,000; Full time

Benefits offered by this job

Health, dental, vision benefits

Company-paid life insurance

Disability coverage

401(k) with company match

Paid parental leave

Employee stock purchase plan

Education assistance

Paid time off

Community involvement opportunities

Job summary

Shore United Bank is seeking a full-time Disclosure Desk Specialist in Annapolis, MD to support the loan process and ensure TRID compliance for initial and redisclosure packages. The role reports to the Disclosure Desk Team Lead and emphasizes accuracy, timely delivery, and collaboration with loan staff and partners.

Qualifications include a high school diploma and 2+ years in mortgage lending with at least 1 year in loan disclosures; strong regulatory knowledge and communication with clients

Qualifications

• High school diploma/GED required.
• Minimum 2 years of recent Mortgage Lending experience (within the last 3 years).
• At least 1 year of Loan Disclosures experience.

Responsibilities

• Prepare and review disclosure packages including the Loan Estimate.
• Review disclosure related data entered in the LOS for accuracy.
• Ensure proper loan set-up within the LOS and loan structure is accurate.
• Review files submitted for re-disclosure in adherence to regulatory requirements and internal policies.
• Determine and document validity of changed circumstances in collaboration with origination, processing, or underwriting.
• Monitor Disclosure Desk work queue and e-mail to support all team members within SLA timeframes.
• Cooperate with and adhere to internal policies and regulatory requirements (CRA, BSA, EEO, SAFE Act).
• Participate in required training sessions, including BSA/AML compliance.

Education

High school diploma/GED

Job description

Shore United Bank is a full-service financial institution with a rich history dating back to 1876. In excess of $6 billion in assets, we offer innovative financial services delivered with the personal touch you expect. We serve a broad geographic area with branches in Maryland, Delaware, and Virginia, and we also provide a comprehensive suite of digital banking services that allow you to bank with us no matter where life takes you. In addition to banking, we offer trust and wealth management services through Wye Trust, a division of Shore United Bank. Together, our team of experienced professionals is dedicated to helping you achieve your financial goals.

Shore United Bank is seeking a full-time Disclosure Desk Specialist to join our team. The Mortgage Disclosure Specialist will report to the Disclosure Desk Team Lead. This role is a central part of the loan process to ensure compliance with TRID and additional federal, state and local disclosure regulations. They will support daily operations to ensure initial and re-disclosure packages are completed accurately and are provided to clients in a timely manner per guidelines. The ideal candidate will possess experience with residential mortgage application disclosures and a strong understanding of requirements for redisclosure/change of circumstances. This role maintains effective communication with members, business partners, and team members to uphold Shore United Bank’s commitment to quality customer service.

Essential Functions Include

• Prepare and review disclosure packages including the Loan Estimate
• Review disclosure related data entered in the Loan Origination System ("LOS") for accuracy
• Ensure proper loan set-up within the LOS and loan structure is accurate according to loan program and type
• Review files submitted for re-disclosure in adherence to regulatory compliance requirements and internal company policies and procedures
• Determine and document validity of changed circumstances by collaborating with origination staff, processing, or underwriting as necessary to determine the root cause and timing of the changed circumstance
• Monitor Disclosure Desk work queue and e-mail to support all team members within prescribed service level agreement timeframes
• Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the Bank's compliance with all regulatory requirements, e.g., Community Reinvestment Act (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, SAFE Act, etc.; ensures that the office and all personnel adhere to the same.
• Participates in required training sessions, including training for compliance with BSA/AML policies and procedures.

Location:

Westgate Circle - 200 Westgate Circle, Suite 200, Annapolis, MD 21401

Position Type/Expected Hours Of Work

• Full-time.
• Non-exempt.
• Days of Work: Monday-Friday.

Required Education And Experience

• High school diploma/GED equivalent.
• Minimum 2 years of recent experience (within the last 3 years) in Mortgage Lending with at least 1 year of experience in Loan Disclosures.

Compensation

• The pay range for this position is $22.00 to $32.00 hourly.
• Actual compensation offered may vary from the posted hiring range based on factors such as relevant experience, time in role, base salary of internal peers, prior performance, business sector, licensure requirements and/or skill level, and will be finalized at the time of offer.

Company Benefits

• Join a family- and community-oriented workplace that offers a team environment, along with a collaborative and friendly place to work.
• Comprehensive benefits package for full-time, permanent employees including health, dental, vision, company-paid life insurance, mental health well-being, company paid short-term and long-term disability, and much more!
• Paid parental leave
• 401k savings plan with up to a 4% company match
• Employee Stock Purchase Plan
• Education Assistance
• Employee perks such as: employee banking services, loan discount program, education assistance, career development program, Employee Assistance Program, and wellness initiatives.
• Opportunity for growth and advancement
• Paid training program and continuous training sessions throughout the year on various topics
• Generous paid time off and paid sick time
• Community involvement opportunities

Employment offers are contingent upon the successful completion of a pre-employment screening, which includes a background check, credit check, verification of employment history, and any other screenings required for the position.

Shore United Bank is an Affirmitative Action/Equal Opportunity Employer. Shore United Bank is an E-Verify participant.