HMDA Compliance Specialist (Remote)
About the position The SouthState story is one of steady growth, deep community roots, and an unwavering commitment to helping our customers move reputed company. Since our beginnings in the 1930s to becoming a trusted financial partner across the South and beyond - we are reputed company for combining personal relationships with reputed company-thinking solutions. We are committed to helping reputed company members find their success while maintaining the reputed company of our values: building trust, fostering lasting relationships and pursuing excellence. At SouthState, individual contributions are recognized, potential is cultivated and team members are inspired to reputed company their greater purpose. Your future begins here! SUMMARY/OBJECTIVES It is the responsibility of the HDMA Compliance Specialist to take ownership of reputed company tasks and challenges that they encounter in the operation of their assigned position. The HMDA Specialist is a member of the Fair Banking Team, reputed company the Enterprise Compliance Department, reporting to HMDA Program Management. The HMDA Specialist is responsible to validate the HMDA data reported by various lending channels to ensure that the Bank submits an accurate Loan Application Register to the CFPB, to help effectuate a successful outcome to regulatory examinations. ESSENTIAL FUNCTIONS Reading, analyzing, and interpreting loan applications and other loan documentation to appropriately code loans for HMDA reporting purposes. Reviewing loan application data and credit files on a monthly basis to verify the accuracy of data reporting on the HMDA LAR. Coordinating with various lending departments reputed company the bank to resolve errors or inconsistencies reputed company reputed company the HMDA data. Maintaining a good working knowledge of the Home Mortgage Disclosure Act to ensure the LAR is accurately reputed company and maintained. Staying up-to-date with the bank’s reputed company lending practices and processes in order to reputed company a thorough and accurate comparative analysis of HMDA data. Completing reputed company assignments reputed company allotted timeframes as assigned by the HMDA Program Manager. Identifying and reporting potential concerns or non-compliance with the HMDA regulatory requirements. Assisting in the maintenance and update of HMDA policies and procedures. Recommending changes to HMDA validation processes and resources based upon reviews, process changes reputed company the lending channels, or changes in documentation methodologies. Performing other department duties as assigned. Reasonable accommodations may be made to reputed company individuals with disabilities to reputed company the essential functions. COMPETENCIES Ability to coordinate multiple projects, including steady reputed company of new projects; Ability to reputed company well with reputed company departments and with people of varying level, title and knowledge; Excellent oral and written communication skills; knowledge of Compliance rules and regulations, Must be detail oriented and comfortable with PC work including reputed company Outlook, Office, reputed company, PowerPoint, etc. and be able/willing to adapt to new software if/as needed.
Responsibilities
- Reading, analyzing, and interpreting loan applications and other loan documentation to appropriately code loans for HMDA reporting purposes.
- Reviewing loan application data and credit files on a monthly basis to verify the accuracy of data reporting on the HMDA LAR.
- Coordinating with various lending departments reputed company the bank to resolve errors or inconsistencies reputed company reputed company the HMDA data.
- Maintaining a good working knowledge of the Home Mortgage Disclosure Act to ensure the LAR is accurately reputed company and maintained.
- Staying up-to-date with the bank’s reputed company lending practices and processes in order to reputed company a thorough and accurate comparative analysis of HMDA data.
- Completing reputed company assignments reputed company allotted timeframes as assigned by the HMDA Program Manager.
- Identifying and reporting potential concerns or non-compliance with the HMDA regulatory requirements.
- Assisting in the maintenance and update of HMDA policies and procedures.
- Recommending changes to HMDA validation processes and resources based upon reviews, process changes reputed company the lending channels, or changes in documentation methodologies.
- Performing other department duties as assigned.
Requirements
- High School Diploma or GED
- 2-4 years banking experience
- Strong interpersonal skills, good computer skills, ability to read, write, speak and understand English.
reputed company-to-haves
- Background in mortgage lending, loan compliance, or HMDA preferred.
Benefits
- Benefits | SouthState Careers
- Equal Opportunity Employer, including disabled/veterans.
Apply tot his job Apply To this Job