Kennebunk Savings
Posted Friday, September 5, 2025 at 4:00 AM
Kennebunk Savings operates on the shared belief that Helping One Another Is the Right Thing To Do. Our Core Values– Trust, Integrity, Proactive and Empathy provide the guide posts for how we support that belief. They guide our day to day actions – from the way we build relationships, to how we make decisions and problem solve, to how we interact with one another. Our Core Values form the foundation of our culture. Embodying them forms the basis of what makes for a successful employee at Kennebunk Savings.
Scope of Work Under the supervision of the Compliance and Quality Control Manager, the incumbent is responsible for assisting the Bank’s lending operations in ensuring compliance with applicable laws, Bank policies and quality standards by providing management with information and data to identify and correct loan-related errors, mitigate compliance risk and facilitate continuous improvements.
Essential Functions 3)
Conducts post-closing transaction & compliance reviews of originated, withdrawn, and declined loans in accordance with the scope prescribed by the Lending Assurance Policy and the annual Lending Assurance Risk Assessment
Reviews all retail loans types (residential first mortgages, home equity loans/lines, consumer loans) and prequalification requests for compliance with all applicable consumer lending regulations including, but not limited to Reg. Z/TRID, Reg. B/Fair Lending, HMDA, FCRA, RESPA and state laws.
Reviews all commercial loan types, for compliance with applicable consumer lending regulations including, but not limited to HMDA, FCRA, Reg. B/Fair Lending, BSA and state law.
Reviews loans for conformance with Bank policies to ensure required documentation and loan approval obtained.
Reviews legal documentation to ensure preservation of the Bank’s legal rights and remedies in the event of collection, work out, or foreclosure.
Ensures compliance with flood regulations
Utilize and manage deficiency tracking logs and asset management systems
Documents errors and deficiencies, managing tracking systems, for both commercial and retail, to ensure most up to date data is available for reporting
Facilitates reporting efforts in conjunction with the Compliance and Quality Control Manager
Recommends process enhancements
Operates the organization’s asset management software correctly assigning relationship and office codes to ensure proper reports are generated for management and regulatory agencies
Keeps current on regulatory issues effecting the lending area as it relates to system adequacy, training and reports
Conducts post-closing
credit/underwriting
reviews of originated, withdrawn, and declined loans to evaluate credit risk to the Bank’s loan portfolio following the applicable credit policy underwriting guidelines within the scope prescribed by the Lending Assurance Policy and annual Lending Assurance Risk Assessment.
Completes required pre- and post-closing credit/underwriting reviews of residential mortgages in conformance with secondary market requirements and other investor/guarantor requirements.
Completes credit/underwriting reviews of a sample of originated loans to assess the appropriateness of the decision.
Completes credit/underwriting reviews of a sample of withdrawn and declined loans to assess the appropriateness of adverse action.
Other Duties & Responsibilities
Promotes the Kennebunk Savings Brand by recommending our products and services, supporting our community focus & commitment to being a premier employer
Understands, supports and adheres to applicable organizational policies/procedures and state/federal regulations
Consistently emphasizes the importance of teamwork in the department and company at large
Responsible for keeping abreast of company news and information
Responsible for completing required training and policy review
May serve on various committees
Willingness to take on additional tasks and duties
Certifications & Licenses Required
Not Applicable
Desired Knowledge, Skills & Abilities
Displays high level of regard for trust and confidentiality
Proficient in Microsoft Office Products
Displays strong written and verbal communication skills
Displays strong organization skills and the ability to multi-task to meet established deadlines
Demonstrates a high level of accuracy and attention to detail
Effectively uses analytical skills to solve technical, as well as, non-technical problems
Prior knowledge of regulations within the financial services industry is preferred
Ability to adapt to change
Desired Job Experience
Experience in a professional, service focused and fast-paced environment
Desired Education
High school or General Education Diploma
Working Conditions & Minimum Physical Requirements
Physical surroundings are generally pleasant and comfortable with minimal exposure to injury or other hazards
Dexterity of hands and fingers to operate a computer and other office equipment
Lifting and moving of moderately heavy objects on occasion
Nnormally seated for extended periods of time
External and internal applicants, as well as position incumbents who become disabled as defined under the Americans with Disabilities Act, or Maine/New Hampshire Human Rights Commissions, must be able to perform the essential job functions (as listed) either unaided or with the assistance of a reasonable accommodation to be determined by management on a case-by-case basis.
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Kennebunk Savings operates on the shared belief that Helping One Another Is the Right Thing To Do. Our Core Values– Trust, Integrity, Proactive and Empathy provide the guide posts for how we support that belief. They guide our day to day actions – from the way we build relationships, to how we make decisions and problem solve, to how we interact with one another. Our Core Values form the foundation of our culture. Embodying them forms the basis of what makes for a successful employee at Kennebunk Savings.
Scope of Work Under the supervision of the Compliance and Quality Control Manager, the incumbent is responsible for assisting the Bank’s lending operations in ensuring compliance with applicable laws, Bank policies and quality standards by providing management with information and data to identify and correct loan-related errors, mitigate compliance risk and facilitate continuous improvements.
Essential Functions 3)
Conducts post-closing transaction & compliance reviews of originated, withdrawn, and declined loans in accordance with the scope prescribed by the Lending Assurance Policy and the annual Lending Assurance Risk Assessment
Reviews all retail loans types (residential first mortgages, home equity loans/lines, consumer loans) and prequalification requests for compliance with all applicable consumer lending regulations including, but not limited to Reg. Z/TRID, Reg. B/Fair Lending, HMDA, FCRA, RESPA and state laws.
Reviews all commercial loan types, for compliance with applicable consumer lending regulations including, but not limited to HMDA, FCRA, Reg. B/Fair Lending, BSA and state law.
Reviews loans for conformance with Bank policies to ensure required documentation and loan approval obtained.
Reviews legal documentation to ensure preservation of the Bank’s legal rights and remedies in the event of collection, work out, or foreclosure.
Ensures compliance with flood regulations
Utilize and manage deficiency tracking logs and asset management systems
Documents errors and deficiencies, managing tracking systems, for both commercial and retail, to ensure most up to date data is available for reporting
Facilitates reporting efforts in conjunction with the Compliance and Quality Control Manager
Recommends process enhancements
Operates the organization’s asset management software correctly assigning relationship and office codes to ensure proper reports are generated for management and regulatory agencies
Keeps current on regulatory issues effecting the lending area as it relates to system adequacy, training and reports
Conducts post-closing
credit/underwriting
reviews of originated, withdrawn, and declined loans to evaluate credit risk to the Bank’s loan portfolio following the applicable credit policy underwriting guidelines within the scope prescribed by the Lending Assurance Policy and annual Lending Assurance Risk Assessment.
Completes required pre- and post-closing credit/underwriting reviews of residential mortgages in conformance with secondary market requirements and other investor/guarantor requirements.
Completes credit/underwriting reviews of a sample of originated loans to assess the appropriateness of the decision.
Completes credit/underwriting reviews of a sample of withdrawn and declined loans to assess the appropriateness of adverse action.
Other Duties & Responsibilities
Promotes the Kennebunk Savings Brand by recommending our products and services, supporting our community focus & commitment to being a premier employer
Understands, supports and adheres to applicable organizational policies/procedures and state/federal regulations
Consistently emphasizes the importance of teamwork in the department and company at large
Responsible for keeping abreast of company news and information
Responsible for completing required training and policy review
May serve on various committees
Willingness to take on additional tasks and duties
Certifications & Licenses Required
Not Applicable
Desired Knowledge, Skills & Abilities
Displays high level of regard for trust and confidentiality
Proficient in Microsoft Office Products
Displays strong written and verbal communication skills
Displays strong organization skills and the ability to multi-task to meet established deadlines
Demonstrates a high level of accuracy and attention to detail
Effectively uses analytical skills to solve technical, as well as, non-technical problems
Prior knowledge of regulations within the financial services industry is preferred
Ability to adapt to change
Desired Job Experience
Experience in a professional, service focused and fast-paced environment
Desired Education
High school or General Education Diploma
Working Conditions & Minimum Physical Requirements
Physical surroundings are generally pleasant and comfortable with minimal exposure to injury or other hazards
Dexterity of hands and fingers to operate a computer and other office equipment
Lifting and moving of moderately heavy objects on occasion
Nnormally seated for extended periods of time
External and internal applicants, as well as position incumbents who become disabled as defined under the Americans with Disabilities Act, or Maine/New Hampshire Human Rights Commissions, must be able to perform the essential job functions (as listed) either unaided or with the assistance of a reasonable accommodation to be determined by management on a case-by-case basis.
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