Disclosure Desk Specialist

Shore United Bank is seeking a full-time Disclosure Desk Specialist to join our team. The Mortgage Disclosure Specialist will report to the Disclosure Desk Team Lead. This role is a central part of the loan process to ensure compliance with TRID and additional federal, state and local disclosure regulations. They will support daily operations to ensure initial and re-disclosure packages are completed accurately and are provided to clients in a timely manner per guidelines. The ideal candidate will possess experience with residential mortgage application disclosures and a strong understanding of requirements for redisclosure/change of circumstances. The candidate will also ensure adverse action notices are sent to the clients in a timely manner per guidelines. This role maintains effective communication with members, business partners, and team members to uphold Shore United Bank's commitment to quality customer service.

Essential Functions Include:

• Prepare and review disclosure packages including the Loan Estimate
• Review disclosure related data entered in the Loan Origination System ("LOS") for accuracy
• Ensure proper loan set-up within the LOS and loan structure is accurate according to loan program and type
• Review files submitted for re-disclosure in adherence to regulatory compliance requirements and internal company policies and procedures
• Determine and document validity of changed circumstances by collaborating with origination staff, processing, or underwriting as necessary to determine the root cause and timing of the changed circumstance
• Issue Adverse Action Notice's to clients once loan has been denied/withdrawn by underwriting team
• Monitor Disclosure Desk work queue and e-mail to support all team members within prescribed service level agreement timeframes
• 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 Bank's compliance with all regulatory requirements, e.g., Community Reinvestment Act (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, SAFE Act, etc.; ensures that the office and all personnel adhere to the same.
• Participates in required training sessions, including training for compliance with BSA/AML policies and procedures.

Location: Westgate Circle - 200 Westgate Circle, Suite 200, Annapolis, MD 21401

Position Type/Expected Hours of Work:

• Full-time.
• Non-exempt.
• Days of Work: Monday-Friday.

Required Education and Experience:

• High school diploma/GED equivalent.
• Minimum 2 years of recent experience (within the last 3 years) in Mortgage Lending with at least 1 year of experience in Loan Disclosures.

Compensation:

• The pay range for this position is $19.25 to $26.00 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.