Director, Mortgage Originations Compliance

Description

Who we are :

Cornerstone Capital Bank is a new bank, with over $330 million in capital and $2.8 billion in total assets, and arises from the combination of mortgage industry giant Cornerstone Home Lending and community banking standout Roscoe State Bank. You'll be on the front end of working for an innovative large community bank that is a leader in mortgage lending and community banking and growing in middle-market commercial and real estate lending.

We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.

Who we are looking for :

We are seeking a hands-on leader in our Director, Mortgage Origination Compliance with a focus on partnership and collaboration to identify solutions. The role will be responsible for ensuring that the mortgage operations of the organization, inclusive of joint venture affiliated business arrangements ("AfBAs"), comply with all relevant laws and regulations, including but not limited to the Truth in Lending Act (TILA), the Real Estate Settlement Procedures Act (RESPA), and the Equal Credit Opportunity Act (ECOA). The Director provides strategic oversight of the Compliance Program for the Mortgage Lending Division, and partners with business units and senior leadership to provide oversight of compliance risks. The role will be a key member of the Enterprise Compliance leadership team.

Key Responsibilities :

Lead the coordination of state examinations and agency reviews :

• Act as the primary contact for state and federal regulatory examinations and agency reviews
• Communicate and establish relationships with regulatory personnel
• Act as the liaison between state regulators and Cornerstone
• Coordinate information requests by state regulators and agency reviewers
• Manage all aspects of state examinations and agency reviews
• Develop efficient processes that create a more streamlined and transparent examination and review management process
• Stay abreast of regulatory changes that impact Mortgage Originations and fulfill responsibilities outlined in the Bank's Regulatory Change Management Procedure
• Document issues identified during state examinations, agency reviews, compliance testing, or other activities, in adherence with Bank's Issue Management Program

Manage the Bank's Consumer Complaint Program

What you'll need to be successful :

What we offer :

Because we recognize and reward hard work, we offer a competitive salary, a full benefits package, and the potential for a performance-based bonus.

What to do next : If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're part of our Cornerstone family, we'll continue to invest in you as a valuable asset in our company. As many of our team members can tell you, there's something special about working at Cornerstone.

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights notice from the Department of Labor.