HMDA Review Specialist

Primary Purpose:

The HMDA Review Specialist is responsible for assisting in administering and maintaining the Company's Compliance guidelines by validating conformity and adherence with the Home Mortgage Disclosure Act (HMDA). This includes responsibility for collecting and validating HMDA reporting information, entering collected data into core system, and participating in filing the HMDA LAR.

Essential Responsibilities:

• Maintain a good working knowledge of the requirements of the Home Mortgage Disclosure Act.
• Stay up to date with the federal requirements and the bank's lending practices performing a thorough and accurate loan analysis.
• Responsible for checking all HMDA related fields within the Loan Origination System
• Provides guidance to the Company's First Line of Defense in relation to HMDA data collection
• Review all originated and non-originated loans to ensure the collection of HMDA data is complete and accurate.
• Utilize prescribed HMDA audit form to validate the data fields against source documents.
• Contact appropriate staff to obtain missing data and/or missing source docs.
• Work with Corporate Compliance to resolve inconsistencies in loan data and recommends changes as warranted that will ensure the accuracy in reporting of HMDA data.
• Obeys all applicable federal laws, rules, and regulations relating to Anti-Money Laundering (AML) including the Bank Secrecy Act (BSA).
• Other duties that may be assigned regarding compliance matters.

Required Skills and Competencies:

• Ability to scrub, sort and analyze loan data - analytical skills with strong attention to detail.
• Experienced with bank loan documentation; both consumer and business/commercial - preferably 5 years of loan experience required.
• Strong understanding of HMDA requirements
• Requires excellent written and verbal communication skills, and computer proficiency in Excel and Word.
• Must have strong prioritizing skills in addition to good statistical and critical thinking skills
• Ability to work well under pressure and in an ever-changing regulatory environment.
• Ability to meet audit schedule deadlines.
• Discretion and a demonstrated ability to work with highly sensitive and confidential information.
• Experience with loan processing systems such as, Document Imaging Systems, Laser Pro, and Insight
• High School Diploma or equivalent

Physically you can anticipate to:

• Express or exchange ideas by means of the spoken word via email and verbally.
• Exert up to/carry 25 pounds of force occasionally, use your arms and legs, and sit most of the time.
• Vision, hearing, speech, and manual dexterity sufficient to reach/handle items and work with fingers is required.
• Have close visual acuity to perform activities such as analyzing data, viewing a computer terminal, reading, and preparing documentation.
• Not be substantially exposed to adverse environmental conditions.