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LDCC Compliance Specialist II

LDCC Compliance Specialist II

NBT BankOneida, NY, US
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Ldcc Compliance Specialist

The LDCC Compliance Specialist (CS) ensures that certain activities within the Loan Documentation and Collateral Control team comply with relevant laws, regulations, and policies. Scope of responsibilities include flood insurance, government guaranteed programs (such as SBA and FSA), and other specialized lending areas. Applies advanced knowledge of laws, regulations, program requirements, as well as bank policy and procedures to ensure the bank's interest and assets are protected. Perform daily tasks to ensure compliance with rules, filing deadlines, and reporting requirements are met. Creates and analyzes reports and data to ensure adherence to requirements. Analyze information, comprehend complex reporting requirements, and make processing decisions based on established procedures and guidelines. Communicate any gaps to multiple levels within the organization. Activities directly impact customer accounts, bank reporting, and risk mitigation. Utilize advanced knowledge of data warehouse to create necessary reports for critical workflow and reconciliation. As necessary, furnish information including escalation of identified risk to authorized persons within and external to the bank. As a subject matter expert, provides support to peers and training and guidance to all levels of employees regarding government regulations and procedures as they pertain to flood and / or other governmental reporting requirements.

Education and Experience :

  • Associates degree and 3 years' experience required. Or equivalent combination of education and experience.
  • Bachelor's degree preferred
  • Loan or compliance experience preferred
  • Professional experience required.

Skills and Abilities :

  • Ability to comprehend loan policy, regulations, and law; analyze requests and data required; identify and communicate risks.
  • Strong organizational skills required
  • Excellent communication skills (written and oral) required
  • Strong reading and comprehension skills required
  • Intermediate computer skills required
  • Intermediate analytical skills
  • Unique Job Requirements & Characteristics :

  • Ability to deliver high quality work in a friendly and fast paced environment
  • Ability to effective and clearly communicate and collaborate with multiple business partners, external and internal auditors, insurance agents, government agencies and vendors
  • Tasks Performed :

  • 50% Analyze loan documentation or reporting including but not limited to real estate records and flood documentation, SBA / FSA and other reporting ensuring accuracy and meeting requirements of loan approval, policy, regulations, and law. This will include creating and reconciling reporting from data warehouse and providing authorization to close and reporting any exceptions to the appropriate parties and escalation of potential risk, and resolution of exception items.
  • 15% Provide support to internal and / or external customers, cross train on other team duties as assigned and provide coverage for other team duties as required.
  • 15% Maintain proficient knowledge of, and demonstrate ongoing compliance with, all laws and regulations applicable to this position. Adhere to policies, procedures, and internal controls. Ongoing focus on risk and fraud mitigation.
  • 10% Uphold service level standards under normal conditions.
  • 5% Assist with employee training and onboarding
  • 5% Other duties as assigned
  • Physical Requirements :

  • Communicate effectively with internal and / or external customers
  • Stationary 75% of time or greater
  • Move Objects to Maximum 10 lbs
  • Why Work at NBT

    At NBT we empower people to grow, innovate, and thrive through meaningful work, a supportive culture and opportunities to make a real impact in your community because your success drives our success.

    Wellbeing

    At NBT, we value and support your wellbeing by offering generous time-off policies, wellness initiatives and flexible work arrangements, so you can thrive both personally and professionally.

    Community Involvement

    NBT believes community involvement fosters our success and the success of those around us. Through volunteer service and charitable partnerships, we empower our employees to make a positive impact beyond the workplace.

    Culture

    NBT believes in creating a workplace where every voice matters and every team member feels empowered to contribute. With supportive leadership, we foster an environment where employees are connected, inspired, and valued.

    Career Development

    Whether you're just starting your career or serve in a senior leadership role, your growth and development are our priority. NBT provides a wide variety of development programs and tools for you to reach your full potential.

    Total Rewards

    NBT recognizes and rewards your contributions with competitive compensation, comprehensive benefits and performance-based incentives ensuring you feel valued every step of the way.

    Business Stability

    NBT has built a reputation as a stable financial institution by growing our people and our business, evolving our processes and managing risk. We've weathered the market's ups and downs for over 165 years, all while charting a well-defined growth plan.

    Benefits for Full-Time Employees :

  • Generous Paid Time Off : At least 22 days annually, prorated in the year of hire.
  • Parental Leave : Six weeks of paid leave at 100% of your salary.
  • Comprehensive Medical Coverage : Includes employer contributions to HSA for High Deductible Health Plan participants.
  • Dental and Vision Coverage : Ensuring your overall health and well-being.
  • Flexible Spending Accounts : For healthcare and dependent care expenses.
  • Employer-Paid Disability Coverage : Both short-term and long-term, with an option to purchase additional long-term coverage.
  • Life Insurance : Employer-paid basic life insurance, with an option to purchase supplemental coverage.
  • Voluntary Benefits : Including hospital, accident, and critical illness coverage.
  • Retirement Plans : Benefit from a 401(k) plan with employer matching, an optional Roth 401(k), and a pension plan to help secure your future.
  • Adoption Assistance : Supporting your growing family.
  • Tuition Reimbursement : Invest in your education and career growth.
  • Employee Assistance Program (EAP) : Access to support and resources.
  • Financial and Banking Services : Various benefits and financial planning assistance.
  • Benefits for Part-Time Employees Working 20+ Hours / Week :

  • Medical Coverage : Includes employer contributions to HSA for High Deductible Health Plan participants.
  • Generous Parental Leave : Six weeks of paid leave at 100% of your salary.
  • Benefits for All Part-Time Employees :

  • Retirement Plans : Benefit from a 401(k) plan with employer matching, an optional Roth 401(k), and a pension plan for employees who work at least 1,000 hours in a calendar year, all designed to help secure your future.
  • Paid Sick and Safe Leave : For your health and safety.
  • Employee Assistance Program (EAP) : Access to support and resources.
  • Financial and Banking Services : Various benefits and financial planning assistance.
  • Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time.

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    Compliance Specialist • Oneida, NY, US

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