HMDA Specialist

Essential Duties

1. Assists in the documentation, tracking, and analysis of lending data and service activities for the Bank consistent with the requirements of the Home Mortgage Disclosure Act (HMDA) of which the following are illustrative:
   1. Reads, analyzes, and interprets loan applications and related documentation gathered during the loan underwriting process to appropriately code for HMDA reporting purposes.
   2. Reviews loan application data and credit files on a monthly basis for accuracy in reporting consistent with the requirements of the HMDA.
   3. Coordinates with various Bank departments to resolve any inconsistencies in loan data and recommends changes as warranted that will ensure the efficiency and accuracy in reporting HMDA data.
   4. Maintains current working knowledge of HMDA requirements to assist in preparation and maintenance of the Loan Application Register (LAR).
   5. Assists in the monthly review of LAR for accuracy.
   6. Maintains knowledge of Bank's lending practices and procedures in order to perform a thorough and accurate comparative loan analysis.
   7. Assists in periodic reporting, annual HMDA submission, regulatory examinations, and ad-hoc assignments as required.
   8. Ensures compliance with all regulations and governmental guidelines; reports any potential concerns regarding non-compliance with HMDA regulatory requirements.
   9. Assists in the update of HMDA policies and procedures as warranted.
   10. Runs and reviews daily reports.
   11. Performs post-closing review of HMDA information in loan files.
   12. Communicates with Bank lenders and loan processers as required.
   13. Performs other related duties as assigned.
2. Coordinates specific work tasks with other personnel within the department as well as with other departments in order to ensure the smooth and efficient flow of information.
3. Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of harassment and other forms of illegal discriminatory behavior in the workplace.
4. Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the Bank's compliance with all regulatory requirements.
5. Reports pertinent information to the immediate supervisor as requested, or according to an established schedule; compiles information as necessary or as directed and provides data to appropriate Bank personnel.
6. Responds to inquiries relating to his/her particular area, or to requests from customers, other Bank personnel, etc., within given time frames and within established policy.