Regulatory Quality Control Specialist II

• If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.
  
  
  

This position can be located at Bend, OR, Boise, ID, Casper, WY, Omaha, NE, Sioux Falls, SD and Billings, MT.

What’s Important To You

We know your career is just one aspect of a meaningful, complex, and demanding life. That’s why we designed our compensation and benefits package to provide employees and their families with as much choice as possible.

• Generous Paid Time Off (PTO) in addition to paid federal holidays.
• Child Care Assistance Program for eligible dependent(s).
• Exercise reimbursement program for employees.
• The health and happiness of the places we call home matter to us. Learn a little more about what we do for the communities we serve and why we want YOU to be a part of it.
  
  
  

We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #TeamFirstInterstate.

Summary

The Regulatory Quality Control Specialist II is responsible for ensuring compliance with the Home Mortgage Disclosure Act (HMDA), Section 1071 of the Dodd-Frank Act, and Flood Regulations from National Flood Insurance Program (NFIP). This position involves monitoring, analyzing, and reporting on regulatory compliance, conducting audits, and providing guidance to internal teams to ensure adherence to regulatory requirements.

Essential Duties And Responsibilities

• Ensures compliance with HMDA, Section 1071, and Flood Regulations.
• Monitors changes in relevant regulations and update internal policies and procedures accordingly.
• Conducts regular audits and reviews to ensure compliance with regulatory requirements.
• Prepares and submits required regulatory reports and filings.
• Develops and implements quality control processes to ensure data accuracy and integrity.
• Reviews and validates data submissions for HMDA and Section 1071 reporting.
• Conducts internal audits to identify and rectify discrepancies in data and processes.
• Provides training and support to internal teams on regulatory requirements and quality control processes.
• Serves as a subject-matter expert on HMDA, Section 1071, and Flood Regulations.
• Assists in the development of training materials and compliance documentation.
• Identifies potential compliance risks and develop mitigation strategies.
• Collaborates with risk management and legal teams to address compliance issues.
• Maintains up-to-date knowledge of regulatory changes and industry best practices.
  
  
  

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Knowledge, Skills And Abilities

• Knowledge of regulatory compliance, quality control and assurance, data analysis and validation, risk management, and training and development.
• Strong attention to detail
• In-depth knowledge of HMDA, Section 1071, and Flood Regulations.
• Strong analytical and problem-solving skills
• Excellent communication and interpersonal skills.
• Proficiency in regulatory reporting software and data analysis tools.
  
  
  

Education And/Or Experience

• High School Diploma or General Education Degree (GED) required
• Bachelor's Degree preferred
• 3-5 years of experience in regulatory compliance or quality control required
• Experience in the financial services industry preferred
  
  
  

PHYSICAL DEMANDS AND WORKING ENVIRONMENT

The physical demands and work environment are representative of those that must be met or encountered to successfully perform the essential functions of the job. In compliance with the Americans with Disabilities Act, the company provides reasonable accommodation to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.

• Dexterity of hands/fingers to operate computer keyboard and mouse - Frequently
• Sitting - Frequently
• Standing - Occasionally
• Noise Level - Moderate
• Typical Work Hours - M-F (8-5)
• Regular and Predictable Attendance - Required
• If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.