Regulatory Monitoring Specialist

1 week ago Be among the first 25 applicants

Get AI-powered advice on this job and more exclusive features.

Shore United Bank is seeking a full-time Regulatory Monitoring Specialist to join our team. The Regulatory Monitoring Specialist is responsible for accurately reporting CRA and HMDA data collected by the Consumer, Commercial and Mortgage Operation teams; ensure that all required applicant information is documented with accuracy and integrity to comply with regulatory, bank loan policy and procedure requirements; perform various internal monitoring reviews and tests as needed;

effectively communicate with appropriate personnel and management as needed.

Essential Functions Include

• Accountable for responding to requests and inquiries from internal Compliance.
• Responsible for maintaining records and providing assigned reports on a quarterly and annual basis.
• Conducts completion of the institutions HMDA-LAR and CRA report on an annual basis.
• Ensures mandatory information is collected from loan originator to remain compliant with regulatory mandates.
• Serves as liaison with regulators, internal and external auditors as expected by Management.
• Assists in educating and training bank staff on Compliance and regulatory obligations.
• Ensures prompt and efficient delivery of support in respects to regulatory monitoring to appropriate bank personnel.
• Investigates and resolves discrepancies as needed.
• Assist in operational projects as requested by Management.
• Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the Company’s compliance with all regulatory requirements, e.g., Community Reinvestment Act (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, etc.

Location: This position can be located in either our Easton, Annapolis, or Waldorf locations. This posting is for Easton:
Shore Bancshares HQ, 28969 Information Ln, Easton, MD 21601.

Position Type/Expected Hours Of Work

• Full-time.
• Non-exempt.
• Days of Work:
  Monday-Friday, roughly 8:00 AM to 4:30 PM.

Required Education And Experience

• High school diploma/GED equivalent.
• 1 year experience with HMDA.
• 1 year experience with CRA.
• 1 year experience within banking industry.

Compensation

• The pay range for this position is $23.00 to $30.00 hourly.
• Actual compensation offered may vary from the posted hiring range based on factors such as relevant experience, time in role, base salary of internal peers, prior performance, business sector, licensure requirements and/or skill level, and will be finalized at the time of offer.

Company Benefits

• Join a family and community-oriented workplace that offers a team environment, along with a collaborative and friendly place to work.
• Comprehensive benefits package for full-time employees including health, dental, vision, company-paid life insurance, mental health well-being, short-term and long-term disability, and much more!
• Paid parental leave
• 401k savings plan with up to a 4% company match
• Employee Stock Purchase Plan
• Employee perks such as: employee banking services, loan discount program, education assistance, career development program, Employee Assistance Program, and wellness initiatives.
• Opportunity for growth and advancement
• Paid training program and continuous training sessions throughout the year on various topics
• Generous paid time off and paid sick time
• Community involvement opportunities

Shore United Bank is a full-service financial institution with a rich history dating back to 1876. In excess of $6 billion in assets, we offer innovative financial services delivered with the personal touch you expect. We serve a broad geographic area with branches in Maryland, Delaware, and Virginia, and we also provide a comprehensive suite of digital banking services that allow you to bank with us no matter where life takes you.

In addition to banking, we offer trust and wealth management services through Wye Trust, a division of Shore United Bank. Together, our team of experienced professionals is dedicated to helping you achieve your financial goals.

Shore United Bank:
Good things are happening here.

Shore United Bank is an Affirmative Action/Equal Opportunity Employer. Shore United Bank is an E-Verify participant.Seniority level

• Seniority level
  
  Entry level

Employment type

• Employment type
  
  Full-time

Job function

• Job function
  
  Information Technology
• Industries Banking

Referrals increase your chances of interviewing at Shore United Bank by 2x

Apply BELOW