Mortgage Disclosure Specialist - Ridgeland, MS

BankPlus; Ridgeland, Northern (MS, KY); Hybrid; USD 42,000 - 62,000; Full time

Job summary

BankPlus in Ridgeland, MS seeks a Mortgage Disclosure Specialist to prepare Initial Disclosures within TRID timelines and ensure accuracy and regulatory compliance. You will review dashboards, coordinate with originators and the Mortgage Disclosure Manager, and manage redisclosures and related quality controls.

Proficiency with Encompass and MS Office, plus strong verbal and written communication, are essential. Teamwork across Compliance is required.

Qualifications

• Bachelor’s degree preferred; High School Diploma required.
• At least 1 year of TRID loan document experience.
• Experience with Encompass software preferred.
• Proficient with Microsoft Office (Excel, Word, Outlook).
• Detail oriented with strong clerical/organizational skills.
• Excellent verbal and written communication skills.
• Willing to work outside regular business hours.
• Ability to handle multiple tasks.

Responsibilities

• Prepare and review initial disclosures within TRID timelines.
• Prepare and send redisclosures within 3 days of change of circumstance.
• Review dashboards to verify TRID timing compliance.
• Validate eDisclosed loans and mail hard copies as required.
• Run Mavent previews and notify originators of Alerts or Fails.
• Order Flood Certifications, USPS/address verifications, PMI quotes.
• Provide daily reports and follow up on notices of intent.
• Ensure disclosures meet lender, agency, and investor guidelines.
• Maintain updated procedures and checklists; suggest improvements.
• Coordinate with Originators, Mortgage Disclosure Manager, and Secondary Marketing.

Skills

Attention to detail

Verbal communication

Written communication

Multitasking

Education

Bachelor’s degree preferred

High School Diploma required

Tools

Encompass software

Microsoft Office (Excel/Word/Outlook)

Job description

General Position Statement:

The Mortgage Disclosure Specialist is responsible for preparing initial disclosures (and redisclosures) within 3 days of TRID application date, ensuring they are delivered accurately and timely, and fully complying with all applicable regulatory requirements. This will be accomplished through teamwork and excellent verbal and written communication.

Duties and Responsibilities:

• Prepare and review Initial Disclosures within 3 days of TRID application date. Files received within the first and second days of TRID date should be reviewed and disclosed within 24 hours or as early as possible after received.
• Prepare and send all redisclosures, within 3 days of change of circumstance, per system or processor notifications.
• Review Dashboards daily to confirm all disclosures have been disclosed to meet TRID timing.
• Review Loan Origination dashboards and pipelines to ensure all pre-quals meet required disclosure timelines.
• Validate eDisclosed loans that have not been acknowledged and send hard copies of disclosures in compliance with regulations.
• Run Mavent Preview Compliance Reports and inform originators of any Alerts or Fails.
• Order Flood Certifications, USPS/Address Verifications, PMI quotes and initial Fraudguard.
• Send daily reports and follow up on receipt of Notice of Intent for all disclosed files.
• Review forms, disclosures, and other documents to validate information and ensure compliance for all loans (including non-Originated Loans submitting to Compliance).
• Monitor closing cost templates and state specific rules for updates to maintain and ensure accurate fees are disclosed. Proactively research when changes are identified to prevent disclosure errors and associated monetary losses/cures.
• Assist with maintaining written procedures and updated checklists, making recommendations to Mortgage Disclosure Manager of ways to improve quality and efficiency.
• Communicate with Originators, Mortgage Disclosure Manager and Secondary Marketing Teams regarding any compliance alerts, pricing, and/or data entry discrepancies within the loan file in Encompass.
• Ensure loans disclosed adhere to BankPlus, regulatory, agency and investor guidelines to be sellable into the secondary market by maintaining thorough knowledge of information and reviewing information furnished by the Mortgage Disclosure Manager.
• Participate in the bank’s High-Performance Rewards Connections program.
• Maintain a thorough knowledge of Bank products, services, policies, procedures, and appropriate regulatory issues as related to daily job functions including, but not limited to the following: Bank Secrecy Act; Privacy Act: Fair Lending Act; Regulation E, etc. Complete required compliance training (when assigned) and adheres to the bank’s standard of conduct.
• Perform other duties as assigned.

Position Requirements:

• Bachelor’s degree preferred; High School Diploma required.
• One year of experience working with TRID loan documents.
• Previous experience with Encompass software preferred.
• General computer and typing experience with Microsoft Office Suite, to include Excel, Word, and Outlook
• Detail oriented with excellent clerical and organizational skills.
• Excellent verbal and written communication skills
• Work outside of regular business hours, as deemed necessary.
• Ability to handle multiple tasks.