Loan Compliance Specialist

at  University of Kentucky Federal Credit Union

Title: Loan Compliance Specialist
Department: Finance and Risk Management
Reports to: Compliance and Risk Manager
FLSA: Non-Exempt
Job Grade: 10
Job Purpose: This position provides services to members and the credit union by ensuring, supporting, and testing compliance with internal policy, procedures, and regulatory legal requirements to prevent unsafe, unethical, illegal, or improper conduct on all lending products and services. Additionally, this position serves as a loan compliance resource for other departments to assist with ensuring the credit union maintains compliance with applicable lending-related laws and regulations.

MINIMUM REQUIREMENTS

• Five to seven years of similar or related experience monitoring
• 2-year Associates Degree in Business Administration, Accounting, Finance, or related field, or equivalent experience.
• CRCM or comparable certification preferred.
• Ability to organize and prioritize upcoming job responsibilities between CMS reviews, transactional testing, reporting, and committee attendance while exhibiting the capacity to self-start as issues or opportunities arise and capability to complete reviews in a timely and efficient manner.
• Ability to analyze, explain, and communicate complex issues concisely and effectively to all levels of the organization with format and structure to match audience.
• Ability to remain professional in all situations while presenting both positive and negative findings.
• Ability to interpret regulations according to the literal word and the spirit of the language.
• Ability to apply regulations to current situations and provide guidance on best practices.
• PC spreadsheet proficiency, general word processing, ten-key calculator, and computer keyboarding experience including Word and Excel skills; ability to learn new technological skills as needed.
• Ability to communicate with others one-on-one and in groups, fielding questions and responding to complaints.
• Ability to motivate and influence others, foster sound relationships, present a trustworthy and diplomatic image, and deal effectively with others concerning topics of a personal or sensitive nature.
• Ability to add, subtract, multiply, and divide all units of measure using whole numbers, fractions and decimals with American currency; and to apply these concepts to practical solutions.
• Ability to compute rate, ratio, and percent with American currency; and to apply these concepts to practical solutions.
• Ability to define problems, collect data, establish facts, and draw conclusions while dealing with a variety of abstract and concrete variables.
• Ability to write reports, correspondence, policies and procedures, and possible work instructions while exhibiting grammatically-correct documents.
• Ability to work independently and self-start.

MENTAL DEMANDS:

The mental characteristics necessary to competently perform this job include the occasional need to be persuasive, use good judgment; and the continuous need to use perception, memory, and reasoning ability.

• The intent of this job description is to provide a representative summary of the types of results that will be required of the positions given this title, and shall not be construed as a declaration of the specific responsibilities of any particular position. Employees may be requested to perform job-related tasks other than those specifically outlined in this description.

UKFCU is an equal employment opportunity employer and is committed to providing employment opportunities to minorities, females, veterans, and disabled individuals. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or status as a protected veteran. UKFCU invites you to review the current “EEO Is the Law” poster as part of the application process. A link to the most current posters is here. Please also see the 2015 Supplemental EEO Poster here.
The Credit Union leadership recognizes that to achieve its vision and mission, it must embed the values of Diversity, Equity, and Inclusion (DEI) in all aspects of the Credit Union’s work. Together, the staff, membership and communities are diverse and as such, the Credit Union must reflect and respect that diversity. The Credit Union’s leadership recognizes and believes when an organization’s leadership and staff are representative of the people that it serves, it can better meet its vision and mission. Further, the Credit Union leadership believes that it benefits when diverse perspectives are represented, respected and included among the discourse and decision-making that takes place at the Credit Union, and with and among its staff, membership and communities.
Applications are only accepted through our online application system. However, if you need assistance with any part of the application process or are unable to apply online because of a medical condition or disability and need an accommodation, please contact recruiting@ukfcu.orgto let us know the nature of your request. Please note, UKFCU accepts only employment applications that are complete and received by the Office of Human Resources by the specified deadline for each opening.
This position allows for an optional hybrid work arrangement which includes a combination of both in-office and remote work arrangements. (Maximum of two days remote, three days in-office). To be eligible for the program, employees must complete a minimum of 6 months of continuous, regular employment, be in good standing, and submit a formal hybrid work application prior to being eligible for hybrid work, pending supervisor approval. Work schedules will be established by the employee’s supervisor according to business needs. Working locations and schedules may be altered at management discretion

• Alternate between a sitting and standing position with flexibility to stoop, kneel, crouch, or crawl, if needed.
• Ability to enter text or data into a computer by means of a traditional keyboard.
• Express or exchange ideas through spoken word to impart oral information to management and to convey detailed spoken instructions to other workers accurately, loudly, or quickly.
• Ability to hear, understand, and distinguish speech and/or other sounds.
• Ability to see both up close and a distance along with the ability to adjust focus while also having good color vision, peripheral vision, and depth perception.
• Gross manipulation abilities for seizing, holding, grasping, turning, or otherwise working with the hand(s) while also having the ability to handle/feel objects, tools, or controls.
• Fine manipulation abilities for touching, picking, pinching, or otherwise working primarily with fingers.
• Reaching or extending hands and arms while occasionally lifting and/or moving up to 25 pounds