Home Equity Compliance Specialist

Formed in 1934, Telhio began as a credit union for Columbus Telephone Company (now AT&T) employees. Telhio now serves over 70,000 member-owners throughout central and southwest Ohio. As one of the largest credit unions in Ohio, Telhio is a strong financial institution that continues to serve its members through extraordinary service, innovative financial solutions and community involvement. After generations of service and growth, we never lose focus of our three core values - Caring, Commitment, and Integrity.

Position Summary:

The Home Equity Compliance Specialist is responsible for the compliance of Home Equity's. A complete understanding of all loan accounts and operational procedures is essential. Written and verbal communication skills are essential along with the ability to work under pressure within a deadline driven environment. Must be able to work independently and with little supervision. Receives loan paperwork and reviews for accuracy and compares written information with computer system. Ensures validity and accuracy of loan payoffs and disburses loan proceeds. A working knowledge of Loan Policy, State and Federal Guidelines is required as well as the ability to maintain confidentiality of all member account information and activities.

Responsibilities:

• Verification of Home Equity loan file
• Communicates with closing branch or agent to obtain completed and signed documents
• Insure all HELOC documents are correctly executed by Branch or title Company
• Ensures accuracy of information within documents including signatures, notary stamps, and witness signatures
• Funds all home equity products upon completion of rescission timeframe
• Loan maintenance in DNA/ HMDA Reporting
• Reviews, prepares and records home equity liens, releases, deeds in accordance to the loan file
• Maintenance of recorded mortgages
• Compliance with all applicable Telhio policies and procedures (internal controls) and Federal, State and Local regulations applicable
• Stay up to date on all regulations applicable to job responsibilities
• Maintain Member Confidentiality at all times and follows Telhio's Privacy Policies
• Ensures all required documents are received, including outstanding stipulations, prior to loan closing
• Delivers the highest level of support to their lending partners while responding to all requests in a timely manner.
• Accurately logs and tracks home equity files pending funding and compliance
• Communicates updates and funded loans to lending partners and borrowers as needed
• Assists Home Equity Processors with mailing disclosures, documents, appraisals as needed

Required Qualifications:

• High School diploma or equivalent (Required)
• 1-3 years' experience in Home Equity and TRID regulations (Preferred)
• 1-3 years Data Entry Skills (Preferred)
• 1-3 years' MS Office Skills (Preferred)

Knowledge, Skills and Abilities:

Knowledge in:

• Thorough understanding of Loan Documents

Skills in:

• Time management
• Very strong interpersonal skills
• Ability to communicate well including verbal and written communication
• Strong attention to detail and interest in accuracy
• Sound knowledge of general bank operations
• Strong organization skills

What you will earn:

• Competitive salary
• Opportunity to earn incentive and bonus
• Benefits: several medical plan options, dental, free vision, free life and free disability insurance
• Additional financial incentive programs for employees enrolled in our insurance
• 6% matching and immediately vested 401(k) plan
• Generous schedule for 14 paid holidays, vacation and personal time for a healthy work-life balance
• Opportunity for personal career growth, continued education and mentorship programs
• Volunteer opportunities impacting the local community

Physical Demands:

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

This position requires sitting; some reaching; frequent standing and walking; some stooping or kneeling. The employee must occasionally lift and move up to 50 pounds.

This is a Non-Collective Bargaining Unit

Telhio is an Equal Opportunity Employer