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Job Description
Real Estate Mortgage Compliance Officer

If you like to work with people in a family atmosphere, enjoy great benefits and provide unequaled personal service to every customer, consider a career with Bell Bank.

Company Information:

Bell Bank was founded in 1966 and headquartered in Fargo, North Dakota. It is the largest family-and employee-owned bank in the upper Midwest, and one of the largest in the nation, with assets of more than $10 billion. Bell Bank has full-service banking locations in North Dakota, Minnesota and Arizona. Bell has empowered more than $26 million in charitable giving through its unique Pay It Forward initiative, through which every employee chooses each year how to help individuals, families and organizations in need.

Bell Bank has been recognized as a top workplace by American Banker, Forbes and Fortune.

If you want to work for an established, growing, forward-looking organization with world-class employees, this is the place for you. Let Bell Bank be your destination workplace.

Job Summary:

This position will formulate plans for the implementation of procedures and policies to aid Bell Bank Mortgage in complying with federal and state regulations under the guidance of the Real Estate Mortgage Compliance Manager. This position performs periodic targeted audits to assess the Mortgage Division’s level of compliance with various regulations and bank policies and will research federal and state regulations/statutes for their applicability to Bell Bank Mortgage. Seventy-five percent of time for this position will be spent on the following primary duties.

Primary Duties:

The following is subject to review by the Real Estate Mortgage Compliance Manager:
Monitors and maintains an awareness of changes in federal and state rules and regulations.
Research state statutes and regulations related to real estate loan origination, real estate loan servicing, security, advertising and hazard/flood insurance to support the physical expansion of Bell Bank Mortgage and/or its products to new states. Prepare and maintain summary documents for each state and communicate same to applicable department managers.
Maintain up-to-date knowledge of both federal and applicable state mortgage rules and regulations; analyze significance of modifications and its impact on Bell Bank Mortgage. Notify affected parties as applicable.
Serve as a primary resource for Bell Bank Mortgage and Bell Bank staff questions regarding compliance or regulatory issues as it relates to mortgage activity.
Coordinate and conduct periodic targeted reviews of various real estate related Federal and State regulatory areas and Bell Bank policy for compliance. For example, DocuSign Policy, Form Free Policy, borrower authorization policy, TRID Compliance, loan servicing, Flood (FCPA), (ECOA) Reg B, RESPA, certain manually generated state disclosures, loan origination and loan servicing software changes as a result of regulatory updates or product enhancements, prepare reports; recommend and communicate corrective action as necessary; evaluate corrective action taken.
Lead meetings with applicable department managers to discuss report findings.
Assess audit processes looking for ways to enhance compliance reviews.
Review QC Audit reports, identify trends and ongoing issues and analyze for improvements that could be made via software enhancements.
Assist in reviewing materials prepared by other members of the compliance department.
As needed, prepare materials and conduct internal training on regulatory issues and for applicable Bell Bank Mortgage staff to include face-to-face training, e-mail training, webinars, etc.
Analyze and formulate a plan for implementing new or revised regulations. Determine applicability of new/revised regulations to various departments, conduct working group sessions with applicable managers and determine the impact on processes.
Maintain an awareness of Bell Bank Mortgage Loan origination and servicing software changes as a result of regulatory updates or product enhancements, to include testing of the changes.
Assist in the training and mentoring of newer team members. Serve as a resource for their questions.
Additional Duties: (subject to review by the Real Estate Mortgage Compliance Manager)
Assist in gathering information requested by examiners/auditors.
Serve as a contact point in reporting suspicious real estate lending related activities to the Bank’s BSA/Fraud Department. Investigate and gather supporting documentation as needed.
Attend meetings/training classes to maintain knowledge of each area of Bell Bank Mortgage and its processes.
Assist with testing of the Loan Origination and Servicing Systems for compliance with federal/state regulations.
Assist in monitoring Loan Origination and Servicing Systems for State Document updates and advise the team of the changes.
Assist in reviewing marketing materials and websites to ensure compliance with advertising regulations. This would include promotional arrangements, website advertising, written advertisements, social media advertising, radio/TV ads, software, apps, etc.
Assist Bank Compliance in reviewing Bell Bank Mortgage loan officer websites on a sample basis and as needed to ensure compliance with regulatory requirements and bank policy. Ensure all websites found have been approved.
Maintain detailed knowledge of Bell Bank’s/Mortgage’s products and services.
Occasional overnight travel required.
Know by name and face as many customers and employees as possible, calling them by name as often as possible.
Know and practice LOCBUTN, our Golden Rules, and Bell Bank Customer Service Standards.
Know, understand, and live the company values and bottom line.
Conduct activities consistent with established Bell Bank policies, procedures and systems, the Bell Bank Employee Conduct policies, the Bank Secrecy Act and all applicable State and Federal laws and regulations.
All employees are responsible for information security including compliance with policies and standards which protect sensitive information.
Prompt and reliable attendance.
Perform other duties as assigned.
Job Skills Required:

B.A. in accounting, finance, or business-related field; alternatively, mortgage/bank -related job experience will be considered (minimum four years).
Five or more years of compliance experience, or three years of experience in connection with a professional designation (CCBCO, CRCM).
Extensive knowledge of real estate origination and servicing compliance regulations; specifically TILA, Flood, HMDA, ECOA, RESPA, TRID and Individual State Regulations.
Extensive knowledge of lending/mortgage regulations, disclosures and documentation.
Ability to read, comprehend and conduct research on federal and state mortgage regulations to provide understanding, interpretations or clarifications.
Ability to learn quickly to keep pace with changing regulatory environment.
High degree of initiative, organizational and time management skills to work independently in an efficient manner.
Strong verbal and written communication skills.
Excellent analytical thinking, decision making and effective problem-solving skills.
Ability to exercise independent judgment and discretion with limited supervision.
Ability to work well in a collaborative, cohesive and cooperative team environment.
Ability to be flexible, work with interruptions and changing priorities in a productive manner.
Detail oriented and able to prioritize and complete tasks to meet deadlines.
Due to the nature of the compliance function, must maintain a high level of confidentiality at all times.

Bell Bank provides competitive compensation and an excellent benefits package.

Bell Bank

Equal Opportunity Employer