Sarah Shkutov Email & Phone Number

Rosemont, Illinois, United States

Rosemont, Illinois, United States

• Provides direct consumer compliance oversight and support of all marketing and advertising, including marketing efforts of the mortgage lending team.• Provides effective oversight and maintain the required level of compliance set forth by its regulatory agencies as it relates to change management. Subject matter expertise and oversight in a fast paced environment for compliance impacts to banking products and services, marketing processes and advertising methods (including digital/social media).• Reviews advertising and marketing materials for compliance with federal and state advertising laws and regulations, meeting timing expectations. Includes review and approval of marketing promotions, product disclosures, brochures, social media posts and website changes.• Provides ongoing support to the Marketing team and other business lines as a marketing compliance subject matter expert. Advises on technical requirements throughout the marketing process enabling the organization to move from idea to placement quickly. Provides guidance and answers questions regarding marketing and other initiatives for Deposits, Lending and Mortgage. Understands business needs and communicates alternative solutions when appropriate. • Assists the VP Program Management with oversight of the compliance change control process, overseeing timely reviews by the appropriate compliance staff, completing reporting on the process, and recommending changes to improve effective and efficient reviews. Collaborates with different areas of Compliance and present one consolidated message to the business lines.• Assists the VP Program Management with new or revised products and services as needed. Assists with other Compliance Program Management projects as needed, including risk assessments, regulatory changes, reporting, and exam management.

Downers Grove, Illinois, United States

• Manages compliance, licensing, and vendor management departments • Develops, maintains and enforces DKMC policies and procedures to ensure compliance with state, federal and other agencies’ regulations including but not limited to UDAAP, CAN-SPAM, FCRA, TCPA, TILA (Reg. Z), ECOA (Reg. B).• Conducts internal compliance audits to ensure compliance with DKMC policies and conduct quarterly meetings with management on findings and action plans• Prepares, reviews and files all required monthly, quarterly, bi-annual and annual state and quarterly MCR reporting requirements• Reviews and approves all marketing expenses and materials• Applies for, maintains and terminates licenses for all individuals, branches and the company through the states and NMLS• Participates in all state and federal examinations, and prepares responses to any examination findings• Completes annual HMDA filing• Reviews, approves, and tracks vendors and ongoing due diligence of same

Greater Chicago Area

• Assisted in vendor management• Researched regulations to assist in the development of policies and procedures, training materials and job aids to ensure consistency and uniformity of performance across the organization’s corporate and branch offices• Coordinated all compliance training materials with all departments• Ensured changes were implemented consistently in response to federal and state exams and new laws or changes to existing laws• Ensured changes were implemented that are required based on issues cited in compliance audits• Ensured that loans originated by the company were fully compliant with all applicable federal, state and local laws and regulations, including but not limited to UDAAP, CAN-SPAM, FCRA, TCPA, TILA (Reg. Z), ECOA (Reg. B).• Ensured that projects and initiatives implemented by the Compliance Department were done so consistently throughout the organization• Assisted in performing compliance audits• Assisted in monitoring company, branch and loan originator licenses to ensure compliance with all applicable state laws and regulations• Assisted in completing, proofing and filing mortgage call reports on a quarterly basis• Assisted in filing all applicable required state reporting quarterly, semi-annually or annually• Assisted in reviewing and approving marketing expense reports• Assisted in reviewing and approving marketing materials• Assisted in auditing HMDA information on adverse loans• Assisted in scrubbing all HMDA data on a quarterly basis• Assisted in filing HMDA reports annually• Assisted with compiling documentation for state examinations

Greater Chicago Area

Responsible for filing quarterly Mortgage Call Reports for the 8th largest mortgage lender in the U.S. Prepares monthly and quarterly audit and trend analysis reports for internal stakeholders and for submission to investors including Fannie Mae.Assists with corporate, state, and local licensing for branches in all 50 states.

Originated and closed on average $20 million annually via personal and bank referrals.Assisted other sales staff in identifying and interpreting underwriting guidelines via corporate underwriting manuals and AllRegs.

Originated and closed on average $20 million annually via personal and bank referrals.Assisted other sales staff in identifying and interpreting underwriting guidelines via corporate underwriting manuals and AllRegs.

Acted as Interim Branch Manager and supported new Branch Manager. Assisted with analyzing and managing gross and net profit margins to maximize profitability and volume.Originated and closed on average $50 million annually via personal referrals.

Responsible for cradle-to-grave sales and operations of a $250+ MM branch.Recruited, trained, and supported all levels of loan originators, including ones with no experience and $100+ MM producers.Managed the profit and loss statement per corporate objectives.Analyzed and managed gross and net profit margins to maximize profitability and volume per corporate objectives.Managed and oversaw all phases of operations, from opening to post-closing, including pipeline management and underwriting.Supported production-only branches operationally.Managed a staff of approximately fifteen loan officers, sales assistants, processors, underwriters, and closers.

Assisted with recruiting, training, and supporting all levels of loan originators, including ones with no experience and $100+ MM producers.Analyzed gross and net profit margins to maximize profitability and volume per corporate objectives.Managed and oversaw all phases of operations, from opening to post-closing, including pipeline management and underwriting.Originated and closed on average $50 million annually via personal referrals.Managed a staff of approximately fifteen loan officers and sales assistants.

Originated and closed on average $40 million annually via personal referrals.

Collaborated with IT contractors to build a proprietary AI underwriting system; supported end users of this system at roll out.Ensured the timely and accurate packaging of all loans originated by loan officers.Gathered information and took each file from pre-approval to closing.Input proper loan information into the system for processing.Verified loan documents including income, credit report, appraisal, and title insurance and ultimately prepared application for submission to underwriting.Cleared conditions.Order and coordinated loan documents.Met crucial deadlines as requested.Performed any additional duties/activities assigned by management.

Ensured the timely and accurate packaging of all loans originated by loan officers.Gathered information and took each file from pre-approval to closing.Input proper loan information into the system for processing.Verified loan documents including income, credit report, appraisal, and title insurance and ultimately prepared application for submission to underwriting.Cleared conditions.Order and coordinated loan documents.Met crucial deadlines as requested.Performed any additional duties/activities assigned by management.