Loan Compliance Manager

at  Plains Land Bank FLCA

WHO WE ARE:

Plains Land Bank stands as a symbol of stability and support for agriculture and rural communities for over a century. As a proud member of the esteemed Farm Credit System, we remain steadfast in our commitment to provide reliable, financial services empowering our stockholders to grow their legacies.
With strategic offices in Amarillo, Pampa, Perryton, and Plainview, we provide personalized lending services across 16+ counties in the vibrant Texas Panhandle. Our commitment to fostering growth and prosperity in the heart of Texas in unwavering.
At Plains Land Bank, we’re not just a financial institution; we’re a community. We forge enduring partnerships and equip individuals to ‘Own a Piece of Texas’, embodying the spirit of resilience and opportunity.
Learn more about us at: www.plainslandbank.com .
We seek out top talent and welcome you to join us in our mission to shape the future of agriculture in rural America.

POSITION DESCRIPTION:

We are searching for a full-time in office Loan Compliance Manager to work in our Amarillo, Texas location. This position responsible for being a primary facilitator involved in the administering of the Association’s loan compliance program and setting in place procedures and processes designed to achieve adherence with applicable Federal and State regulations, and others including but not limited to Farm Credit Administration (FCA) regulations, Consumer Financial Protection Bureau (CFPB), Federal Emergency Management Agency (FEMA) rules regarding flood insurance, Home Mortgage Disclosure Act (HMDA), and Office of Foreign Assets Control (OFAC) reporting. Understands, interprets, explains, and helps in the development of practices to implement the Association’s policies, procedures, and controls related to compliance for lending, administration, and loan operational areas.

DAY-TO DAY-DUTIES AND RESPONSIBILITIES:

• Assess, develop, implement, and monitor processes and controls involved in the development, initiation, and maintenance of policies and procedures for the general loan operations, loan compliance programs and the Association Operations Manual (AOM) and its related activities. Manage day-to-day activities of these programs while seeking ways to improve established processes to improve efficiencies and reduce errors.
• Works to ensure that all loan processing activities are operationally compliant.
• Collaborates with other Association departments when appropriate for the investigation and resolution of loan compliance related issues. Consults with the corporate attorney as needed to resolve difficult legal compliance issues.
• Assist in the selection of staff, provide training and instruction, conduct performance evaluations, and oversee staff to ensure accountability for their areas of responsibility, approval of personnel actions, delegate authority to staff and determine training needs.
• Monitors results of internal audits, regulatory findings, and reviews for areas needing improvement and additional training opportunities for those under direct supervision.
• Other duties as assigned.

It is an important role that covers many skills. This position requires:

• Bachelor’s degree in Business Administration, Finance, Agriculture Economics, Accounting, or Agribusiness or a related field, or equivalent experience and five (5) or more years of progressively responsible banking or agriculture lending experience involving credit extensions, credit underwriting, and administration. Must possess a general knowledge of regulations impacting the lending, administrative and operational areas of a Farm Credit Association or similar lending institution. Must have a comprehensive understanding of Texas Homestead Act and Truth-in-Lending Act regulations and procedures. Must have the capacity to effectively perform the responsibilities within the description and understand how they relate and intertwine in a financial institution and the impact to business operations. Supervisory experience as required, and this position will have supervisory responsibilities