HMDA Compliance Specialist
The Symicor Group
full-time
Posted on:
Location Type: Remote
Location: Remote • 🇺🇸 United States
Visit company websiteSalary
💰 $75,000 per year
Job Level
Junior
About the role
- 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.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
compliance testingloan regulationsHMDA softwareescrow proceduresloan servicing proceduresdata monitoringreport writingresearch skillsjudgment skills
Soft skills
effective communicationsound judgment
Certifications
Bachelor’s degreeCompliance/HMDA experience