Disclosure Desk Specialist at Lafayette Federal Credit Union

Rockville, Maryland, United States -

Full Time

Start Date

Immediate

Expiry Date

27 May, 26

Salary

65000.0

Posted On

26 Feb, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Data Validation, Disclosure Preparation, Loan Estimates, TRID Compliance, RESPA Compliance, TILA Compliance, ECOA Compliance, Regulatory Knowledge, Communication, Loan Origination System, Fee Verification, Pipeline Monitoring, TPO Support, Quality Control, Workflow Management, Process Improvement

Industry

Banking

Description

Description NOTICE: JOB APPLICANTS LIMITED TO DC, MD, OR VA RESIDENTS. POSITION IS HYBRID. Please note that we are exclusively considering applicants residing in the District of Columbia, Maryland, or Virginia for all open positions. Join Lafayette Federal Credit Union, a proud recipient of USA Today's Top Workplaces of 2024 and 2025 award! We are expanding and looking for exceptional talent to support our members and contribute to our reputation as an employer of choice. Be a key player in our mission to become the premier financial partner for our community. Your skills and dedication are essential to our success. Lafayette Federal may have the perfect opportunity for you! We are currently seeking a Disclosure Desk Specialist to join our dynamic team! About us: Our Difference: What makes Lafayette Federal cutting-edge? Lafayette Federal Credit Union is not only a great place to bank, but also a great place to work! We have been recognized nationally by (1) Newsweek’s America’s Best Bank’s list, (2) we’ve received a 5-star rating from Bauer financial, and (3) we’ve also ranked #12 in S&P Global’ s Top Performing Credit Union’s in 2022 for the second year in a row! Our Culture: Lafayette Federal is about inclusion, diversity, high performance, and new opportunities. Teamwork and our sense of community also make Lafayette Federal a great place to work. Each person is valued for his or her unique set of skills. We share a common devotion to the people we serve, participating in charity events throughout each year and giving back to the community. Our Opportunities: Professional development, training, and certification is a priority for our employees. We want you to reach your career goals and provide support that leads to opportunities of advancement within the industry. About the role: We are currently seeking a Disclosure Specialist who will play a critical role in supporting mortgage-related business strategies by managing all disclosure activities across the organization’s retail and TPO channels. Responsibilities include data validation, preparation, delivery, and documentation of initial disclosures, Loan Estimates (LE), and change-of-circumstance redisclosures for first and second mortgage products. This position ensures full compliance with TRID, RESPA, TILA, ECOA, and applicable state regulations. Serving as the central point of control for disclosure-related functions, the specialist provides guidance and support to loan officers, processors, and external TPO partners. Success in this role requires exceptional accuracy, strong regulatory knowledge, and effective communication skills to deliver a compliant and positive experience for members and partners. Requirements Disclosure Preparation & Delivery Validate accuracy of closing cost fees, confirm completion of hard credit pull, and verify rate lock status. Ensure data integrity within the loan origination system. Prepare and deliver disclosure documents for Retail First Mortgages, Retail Second Mortgages, and TPO Second Mortgages. Issue Loan Estimates, revised disclosures for changes in circumstance, and all required federal and state compliance documents. Monitor loan pipelines and collaborate with internal staff to ensure timely and accurate disclosure delivery. Track disclosure delivery and receipt, maintaining compliant documentation and audit trails. Retail & TPO Channel Support Serve as the primary disclosure resource for retail loan officers and processors. Act as the main point of contact for TPO partners regarding disclosure timing, application completeness, fee accuracy, and compliance requirements. Communicate proactively with internal staff and external partners to resolve missing information, address changes in circumstance, and ensure adherence to disclosure requirements. Support TPO onboarding by providing guidance on disclosure workflows and loan origination system (LOS) processes. Compliance & Quality Control Verify inclusion and accuracy of all applicable fees in closing costs, such as transfer taxes and recordation fees when required. Maintain up-to-date knowledge of regulatory changes impacting mortgage disclosures. Keep complete, accurate, and audit-ready logs of all disclosure-related activities to ensure compliance. Workflow & System Management Collaborate with the Mortgage Technology & System Administrator to maintain fee templates, service provider lists, disclosure settings, and channel-specific workflows. Participate in system testing, updates, and enhancements related to disclosure processes. Identify opportunities for process improvement and recommend workflow efficiencies to management. Communication & Training Provide guidance to internal team members on disclosure requirements, timing rules, and change-of-circumstance standards. Assist in training new retail employees and TPO partners in disclosure processes and compliance best practices. Communicate professionally and clearly with internal staff and external stakeholders to ensure understanding and alignment. Qualifications Required: Minimum 2–3 years of mortgage experience in disclosures, processing, compliance, or a related area. Prior experience as a Disclosure Desk Specialist or TRID Specialist. Proficiency with a Loan Origination System (Encompass preferred). Familiarity with Keystone and Application Xtender (highly desirable). Experience with both first and second mortgage products within a credit union environment. Background in retail mortgage lending; familiarity with TPO/wholesale lending processes. Strong attention to detail with excellent analytical and organizational skills. Ability to manage multiple deadlines while maintaining accuracy under pressure. Strong written and verbal communication skills. Key Competencies Regulatory Compliance: Applies federal and state disclosure rules accurately across all channels. Attention to Detail: Maintains precision in fees, documentation, and timing requirements. Communication: Effectively supports internal teams and external partners with clear, professional interactions. Time Management: Meets all TRID deadlines while balancing a multi-channel pipeline. Problem Solving: Quickly identifies issues and resolves them proactively. Process Improvement: Continuously seeks opportunities for efficiency and consistency in workflows. Top benefits or perks: Joining Lafayette Federal comes with perks to support you in your personal and professional journey. We provide employees with a generous benefits package including: Employer paid (99.9%) health insurance premium for single and family coverage (HMO Plan) Fully funded deductible (HMO Plan) 401k employer matching contribution Income protection with life insurance, short and long-term disability Paid time off, holiday leave & birthday leave Educational assistance Commuter benefits program and more! Pay: $56,000 – $65,000 annually depending on experience and qualifications. The job posting highlights the most critical responsibilities and requirements of the job. It is not all-inclusive. There may be additional duties, responsibilities, and qualifications for this job. *Lafayette Federal Credit Union is an Equal Opportunity and E-Verify Employer *EOE/AA/DISABILITY/VETERAN

Responsibilities

The specialist manages all disclosure activities for mortgage-related business strategies across retail and TPO channels, including preparing, delivering, and documenting initial disclosures, Loan Estimates, and change-of-circumstance redisclosures for first and second mortgage products. This role ensures full compliance with TRID, RESPA, TILA, ECOA, and state regulations while serving as the central point of control for disclosure functions.