Loan Compliance Assistant

The Bank of Missouri
Perryville, MO Other
POSTED ON 5/19/2023 CLOSED ON 6/14/2023

What are the responsibilities and job description for the Loan Compliance Assistant position at The Bank of Missouri?

Job Details

Job Location:    Remote - Perryville, MO
Position Type:    Full Time
Salary Range:    Undisclosed

Description

Working at The Bank of Missouri

At The Bank of Missouri we know it takes great people to support the communities we serve! We are passionate about caring for people and communities, and know how to recognize and reward our employees for their talent and contributions. When you work at The Bank of Missouri, you not only get to help others, but you also get the resources, opportunities and support to grow your own career.

About our Company

Staying in business for more than 125 years is hard. Really hard. If you think about it, we’ve endured many events, like the Great Depression and two World Wars. We’ve survived and thrived, thanks to our great customers and communities. We were founded on core values of accountability, community service and financial conservatism. Those principles are the reason we are still in business today. Caring for people and communities is our foundation! 

We’ve built a reputation of being financially secure and community focused. We are an independent community bank and fully intend to stay that way. We are big enough to accommodate any financial need, yet small enough to give every customer the personal treatment they deserve.

About this job:

The Loan Compliance Assistant will assist in ensuring the bank is adhering to lending compliance regulations.  The position will work with the Compliance Loan Officer in establishing procedures and policies necessary to meet regulatory requirements.

Here are some of the great benefits you will enjoy as a member of our team:

  • Competitive Salary
  • Personal paid time off, as eligible and paid holidays
  • 401K and Employee Stock Option Plan, as eligible
  • Generous medical, dental, vision, life and disability insurance
  • Fitness reimbursement
  • Learning, development and growth opportunities

As a Loan Compliance Assistant you will:

 

Maintain educational and professional expertise by completion of relevant on-line or in-house training, and/or through attendance at job related seminars, conferences, and workshops.

  • Maintain confidentiality of customer account information.  Follow established policies and procedures in responding to inquiries and requests.
  • Review loan files for documentation and compliance exceptions.
  • Prepare management documentation exception reports.
  • Assist lending staff by providing answers to compliance and documentation questions.
  • Assist Compliance Loan Officer with audits for documentation/compliance accuracy.
  • Review and determine departmental compliance with established systems, policies, practices and procedures essential to adequate control.
  • Recommend modifications to existing operating control systems which will improve lending operations; recommends new systems which will achieve greater efficiency and better control, accountability, cost minimization, quality and customer satisfaction.

Qualifications for Success:

  • High School Diploma and three or more years’ banking experience 
  • Bachelor's Degree preferred
  • Ability to write reports and regular business correspondence.
  • Ability to work effectively with multiple interrelated teams 

The Bank of Missouri is an Equal Opportunity Employer

Qualifications


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