Loan Compliance Specialist

Loan Compliance Analyst

Join our team as a Loan Compliance Analyst and play a pivotal role in safeguarding our lending operations. In this dynamic position, you'll provide expert guidance on local, state, and federal regulations, support strategic initiatives, and collaborate closely with production and servicing teams. You'll be at the forefront of complianceconducting quality control reviews, analyzing trends, and implementing impactful training to drive continuous improvement. If you have a strong grasp of mortgage lending regulations, a sharp eye for detail, and a drive to make a difference this could be the perfect role for you! This role is based out of our Executive Offices in Holyoke, MA and can be done in a hybrid capacity.

Essential duties and responsibilities :

• Ensure accuracy by collecting and validating HMDA data in the loan origination system.
• Lead the charge on HMDA LAR accuracy checks and annual submissions.
• Conduct quality control reviews on both originated and non-originated loanspre-funding and post-closing.
• Analyze CIP exception reports monthly and implement updates to maintain compliance.
• Spot trends and errors through detailed reviews and drive corrective training initiatives.
• Investigate red flags in loan files to ensure clean, compliant submissions.
• Collaborate cross-functionally with Production and Servicing teams to provide expert compliance guidance.
• Act as a subject matter expert during strategic project development and implementation.
• Stay ahead of the curve by monitoring regulatory changes and helping integrate new requirements.
• Support auditsinternal and externaland assist in resolving findings with actionable solutions.
• Maintain and update Consumer Lending reports, procedures, and forms for accuracy and compliance.
• Assist with loan purchase reviews for the Secondary Market Department.
• Manage updates to Indexes and Disclosures on a weekly, monthly, and annual basis.
• Other duties as assigned.

Education and experience :

Skills required :

Computer / technical skills :

Work environment and physical demands :

The working conditions and physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the associate is regularly required to sit, use hands to sort, write and keyboard, and to listen and speak. The associate is frequently required to reach, walk, stoop, crouch. The associate is occasionally required to stand, lift, bend, drive and travel.