This position will be a member of the Business Support team within HR Shared Services and will serve as the primary support resource for compliance with the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) for the RBS Citizens . All colleagues acting as mortgage loan originators, both under the Consumer Finance Division and the Consumer and Business Banking divisions, must be registered with the Nationwide Mortgage Licensing System and Registry (NMLS) and obtain and maintain a unique identifier. This position will be responsible for working with the NMLS to register impacted colleagues and ensuring ongoing compliance and maintenance requirements are satisfied.
Working with business lines and compliance to identify colleagues who require registration under the SAFE Act
Obtaining all required Human Resources information and documentation during the new hire process
Collecting information from mortgage loan originators to process registrations, including coordinating the transfer and processing of fingerprints
Registering employees and the bank according to procedures established by bank regulators in accordance with NMLS regulations
Investigating qualifications and working with the appropriate resources within Human Resources to take necessary action on reportable events and negative background information
Enter employee and/or bank data, as well as mortgage loan originator unique identifier, accurately into systems
Maintain data integrity and validity throughout the process, matching data between systems and source documents
Ensure registration stays on schedule
Renew registrations during annual renewal period
Monitor for changes in the mortgage loan originator’s personal data and submitting said changes to the NMLS in a timely fashion
Follow process for entering and validating data in the NMLS
Develop policies and procedures for registration process and controls to ensure employees not properly registered are prohibited from acting as a mortgage loan originator
Maintain thorough knowledge of internal SAFE Act policies and procedures
Communicate and address NMLS and SAFE Act policy questions to impacted colleagues
Ensure NMLS fees are paid and appropriately billed back to respective business lines
Strong written and verbal communication skills
Demonostrated an aptitude for detail
Strong personal computing skills (Microsoft Office products, particularly Excel)
Possess the ability to anticipate, plan, and execute are critical
Strong organizational skills, including ability to track status of multiple registrations at a time
Experience in mortgage/consumer real estate lending businesses and general knowledge of consumer finance and lending is preferred
Bachelor’s degree or equivalent combination of education and work experience
Familiarity with the NMLS, or similar registration system preferred
Previous experience administering the SAFE Act or other similar financial services regulatory programs/requirements preferred
Prior work experience in a risk or compliance role
Hours and Work Schedule
Hours per Week: 40
Work Schedule: Monday-Friday 8:00AM-5:00PM
Equal Employment Opportunity
It is the policy of RBS Citizens, N.A. to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other factor protected by federal, state and/or local laws.
We’re Citizens, in every sense of the word.
It’s our belief that a good bank is made up of good citizens. That’s why...