HMDA Compliance Specialist
Job Description: • Completing general compliance testing on a select sample of local files on a regular basis. • Reviewing applicable loan regulations and documents on standardized work papers. • Providing a written report and sending it to the CCO for review and inclusion in the Compliance Working Committee and Board of Directors packages. • Monitoring the loan, demographic, and dispersion data of the loans purchased for the Bank’s portfolio. • Ensuring all required HDMA information is gathered for both Bank portfolio loans and TPP Loans. • Ensuring quality and validity errors are cleared in the Bank’s HMDA software. • Performing regular reviews of the escrow and loan servicing procedures for applicable compliance requirements such as annual escrow statements, timely payment processing, periodic statement accuracy, etc. • Adding applicable servicing review procedures to the monthly monitoring plan. Requirements: • Bachelor’s degree (BA/BS); and/or one or more years Compliance/HMDA experience; or equivalent combination of education and experience. • Thorough understanding of federal and state agency HMDA requirements as well as a general understanding of all applicable federal regulations. • Thorough understanding of applicable Bank policies and procedures. • Effective communication skills. • Ability to conduct effective research and make sound judgment calls. • Comply with the Bank Secrecy Act, Fair Lending and all banking regulations where applicable. Benefits: Apply tot his job