Loan Documentation & Compliance Specialist

Socket.dev; Spencer (IA); On-site; USD 42,000 - 56,000; Full time

Job summary

Socket.dev in Spencer, IA seeks a detail-oriented professional to prepare compliant loan documents, review CRA/HMDA files, and assist with monthly reporting while ensuring regulatory compliance.

The role emphasizes adherence to federal/state laws, participation in audits, and maintaining information security. Strong communication and willingness to travel to outlying branches are required.

Qualifications

• High school diploma or GED required; one to three years of previous experience recommended.
• Above average verbal and written communication skills.
• Ability to read, analyze, and interpret general business material and regulations.
• Must have a valid driver’s license and willingness to travel to outlying branches.

Responsibilities

• Prepare compliant loan documents in a timely and accurate manner.
• Responsible for originating the suspense/tickler reporting.
• Complete CRA and HMDA file reviews, as requested.
• Prepare monthly loan reports, as requested.
• Serve as a backup for other position(s) and perform other duties, as assigned.
• Maintain compliance with federal, state and local laws and regulations.
• Participate and respond to examinations, audits and third party reviews.
• Comply with the Information Security Program and is accountable for maintaining a high level of risk and security awareness.
• Establish a good image for the Bank by being active and visible in the community.
• Develop a working knowledge of the Bank’s products and services through usage and webex attendance to provide quality customer service while building relationships and exceeding expectations.

Skills

Verbal communication

Written communication

Analytical thinking

Problem solving

Education

High school diploma or GED

Job description

Socket.dev in Spencer, IA seeks a detail-oriented professional to prepare compliant loan documents, review CRA/HMDA files, and assist with monthly reporting while ensuring regulatory compliance.

The role emphasizes adherence to federal/state laws, participation in audits, and maintaining information security. Strong communication and willingness to travel to outlying branches are required.