Lisa Agee Email and Phone Number

Oversight of Enterprise Fraud Management Compliance working closely with first line and line of business creating a partnered relationship to achieve compliance expectations in all areas of the business unit and mitigate risk with emphasis on effective controls and adherence to regulatory guidelines.

Responsible for the overseeing and implementation of regulatory compliance processes and procedures, serving as the regulatory liaison for the line of business and first line of defense.Provides support services and compliance guidelines for the line of business working in conjunction with compliance and legal partners.Review and approve procedures and process directives developed to promote compliance and minimize bank risk.Evaluate, investigate and resolve compliance issues and concernsOversight of compliance activities, which includes the review of key processes and reports, files and/or metrics in order to measure compliance with regulatory requirements.Bank wide Subject Matter Expert for the FCRA. (Fair Credit Reporting Act)

Maintain current, in-depth knowledge of current lending practices, standards and regulatory requirements of compliance risk management programs, including risk assessment, monitoring and testing, and issues management and apply them as appropriate to compliance programs.Maintain collaborative working relationship with other second line BMO U.S. risk management partners to ensure the compliance risk management program is appropriately integrated into the organization’s overall risk management program.Maintain current, high level knowledge of all applicable regulatory standards and requirements in the jurisdiction of this role. Maintain close working relationships with regulatory subject matter experts in jurisdictions where the organization operates. Monitor developments and trends that may impact regulatory requirements. Perform gap analysis for compliance to recent regulatory developments.Ensure compliance risk assessment, compliance issues management, monitoring and testing, and related quality control policies and procedures remain fit for purpose.

Key role in the development of the Closing Department. Monitor closing workflow and accuracy of closing documents for compliance to program guidelines. Assure compliance to regulatory requirements, meeting needs to internal expectations and corporate risk impact. Monitor disbursements for timely funding of loans. Dedicated to meeting expectations and requirements of internal and external customers. Loan Production Team LeaderHired, trained and supervised staff of up to 13 in processing, pre-underwriting and closing of retail mortgage loans. Monitored performance of staff and conducted end of year performance reviews and evaluations. During periods of heavy volume, assisted as underwriter for portfolio loans and secondary market loans using Loan Prospector and Desktop Underwriter. Primary liaison between lenders, loan coordinators and internal production in resolving issues, loan structures and overall product and policy guidelines. Processed and closed conventional, government and construction loans. Resolved pricing and bank fee income, service release premiums and funding issues. Worked closely with senior management on the development and implementation of online production manuals. Coordinated training sessions specializing in new constructions and title reviews. Review of all condo flood insurance to include Residential Condominium Building Association Policy review for compliance with portfolio and secondary market guidelines.

Prepared retail mortgage closing documents, including the HUD Settlement Statement. Disbursed funds for all transactions and balanced all loan accounting sheets. Gathered necessary documentation from title agencies, attorneys, financial institutions, taxing authorities and circuit courts. Key player in restructuring the file flow, processor/closer training.

Loan CloserPrepared closing packages and instructions for conventional and government mortgage loans. Products included ARM's, Balloons, Buydowns, and Fixed Rates. Packaged closed files for funding including FHA case binders. Responsible for obtaining and delivering all documentation required by secondary market investors. Pilot for wholesale lending within Southern WI and IL. Prepared all assignments, subordination agreements and affidavits.