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: