What are the responsibilities and job description for the HMDA Specialist position at 1ST SECURITY BANK OF WASHINGTON?
Job Details
Description
A GREAT PLACE TO WORK AND BANK
Join our team! 1st Security Bank team members deliver service that "WOWs" each other and our customers. We value relationships, teamwork, community, and professional growth in a safe, friendly, and progressive workplace. We celebrate diversity and support equality for all. If you share these core values and are committed to career excellence, let us help you reach your dreams!
If you are the type of individual that would enjoy working at one of the Puget Sound's Best Places to Work for 9 years in a row and focuses on providing an exceptional client experience, then 1st Security Bank is the place for you. 1st Security Bank was named a bronze medal winner in its class in the Puget Sound Business Journal's Best Workplaces contest in its first year nominated and is also consistently rated a 5 star Bank in Washington State by Bauer Financial, an independent bank rating firm.
POSITION SUMMARY
Individual is responsible for performing various functions in connection with filing the HMDA LAR. This includes responsibility for collecting and validating HMDA reporting information, entering collected data into appropriate reporting software. Responsible for ensuring the origination process meets or exceeds the standards and requirements established by Fannie Mae, Freddie Mac, FHA, VA, and correspondent investors as well as the guidelines established at 1st Security Bank of Washington. While providing ‘WOW” customer service both internally and externally.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following:
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Maintain a good working knowledge of the requirements of the Home Mortgage Disclosure Act (HMDA). Stay up-to-date with the bank's lending practices and procedures in order to perform a thorough and accurate HMDA LAR.
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Generate Adverse Action Notice and Notice of Incomplete in a timely manner and review for compliance and accuracy.
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Responsible for generating monthly report for data scrub and audit of HMDA data.
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Responsible for recommending actions related to deficiencies with loan processes.
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Coordinate with various departments within the bank to resolve inconsistencies in loan data and recommends changes as warranted that will ensure the efficiency and accuracy in reporting of HMDA data.
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Assist in the update of HMDA policies and procedures.
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Complete required monthly assigned BVS Compliance training courses.
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Follow and support the Bank’s Core Values.
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Performs other duties as assigned.
BENEFITS AND PERKS
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Full medical, dental, and vision coverage for individual or family plan.
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Life insurance.
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Long-term disability insurance.
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401K matching program.
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Paid sick and vacation time.
OUR CORE VALUES
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Relationship Driven - we strive to "WOW" (surprise, excite and delight) each other and our customers.
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Ethical - fair, honest and act with integrity.
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Lead by Example - maintain a positive attitude, show respect for others, and have some fun!
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Accountable - we take our responsibilities seriously and we meet our commitments with urgency.
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Team Player - dependable, enthusiastic contributor to team success and to the greater good of the bank.
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Embrace Dreams - we encourage each other to reach for our dreams.
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Diversity - we celebrate diversity and support equality for all.
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Community Oriented - we actively support our communities and the Bank's CRA initiatives.
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Open and Honest Communication - always professional, responsive, and timely.
Qualifications
EDUCATION and/or EXPERIENCE
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Bachelor's degree or 3 years of related experience; or the equivalent combination of education and experience.
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Prior work experience with HMDA, ECOA and TRID a plus.
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Prior experience and knowledge of Encompass a plus.
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Ability to handle multiple priorities in an always-changing environment.
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Ability to work independently with limited direct supervision.
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Ability to communicate across all departments within the organization.
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Strong analytic skills, attention to detail, and ability to work within time constraints.
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Excellent level of oral and written communication skills.
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Intermediate level of computer skills and the ability to function in a windows environment utilizing Outlook, Word and Excel.
COMPUTER SKILLS
To perform this job successfully, an individual should be proficient in Microsoft Office Products and other Database software.
PHYSICAL DEMANDS AND WORK ENVIRONMENT
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
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The employee will primarily operate in a general office environment, using office equipment such as a phone and a computer. The employee will also work in various client locations, which could have varying environments. Extensive travel is required, including overnight travel.
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The noise level in the work environment is usually quiet to moderate as compared to a private office with light foot traffic and office equipment. However, when traveling or at client locations, the employee may be exposed to significant noise, weather, and other discomfort. The employee must be able and willing and able to interact frequently with the general public.
Salary : $23 - $29
