Loan Closing Compliance Specialist

Are you a detail-oriented and organized individual with a passion for compliance and ensuring accuracy in loan closing processes? Comerica Bank is seeking a Loan Closing Compliance Specialist to join our team and play a crucial role in maintaining our high standards of compliance and operational excellence. In this role, you will be responsible for ensuring all loans are closed in accordance with regulatory requirements and internal policies. As a key member of our team, you will have the opportunity to make a meaningful impact and drive our continued success. If you are a driven and diligent professional with a strong background in loan closing compliance, we encourage you to apply for this exciting opportunity.

1. Ensure compliance with all regulatory requirements and internal policies in the loan closing process.
2. Conduct thorough reviews of loan documentation to ensure accuracy and completeness.
3. Identify and resolve any discrepancies or issues in loan closing procedures.
4. Communicate effectively with internal teams, external partners, and clients to ensure a smooth loan closing process.
5. Stay current on industry regulations and updates to ensure compliance.
6. Develop and implement processes and procedures to improve efficiency and accuracy in loan closing.
7. Collaborate with compliance and legal teams to ensure all loan closing processes align with company policies and regulations.
8. Conduct audits and reviews to identify potential compliance risks and recommend solutions.
9. Train and educate team members on compliance requirements and best practices for loan closing.
10. Maintain accurate records and documentation for all loan closing activities.
11. Provide support and assistance in resolving any compliance-related issues or inquiries.
12. Contribute to the development and improvement of compliance programs and initiatives.
13. Participate in meetings and discussions related to compliance and operational excellence.
14. Proactively identify and address any potential compliance issues or concerns.
15. Foster a positive and collaborative work environment focused on compliance and operational excellence.

According to JobzMall, the average salary range for a Loan Closing Compliance Specialist in Farmington Hills, MI, USA is $47,000 to $59,000 per year. This can vary depending on the specific company, experience level, and other factors.

Comerica Incorporated is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth Management. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.