Home Mortgage Disclosure Act (HMDA) Data Integrity Testing Specialist – Fair Banking Compliance

TD • Portland, ME

1d • Onsite

About The Position

At TD Bank US Compliance, the mission is to build a more resilient and scalable compliance risk management function, reshaping compliance structures and processes and driving innovation. Team members are expected to make a tangible impact in day-to-day operations and in designing a future-focused compliance program, creating a culture of compliance throughout the organization. The ideal candidate will thrive in a fast-paced setting, building a new compliance structure aligned with the bank’s size, complexity, and risk profile. This role requires a strategic, tactical, collaborative, and creative approach, managing day-to-day operations while helping design and implement a forward-thinking compliance program. An entrepreneurial mindset, initiative, and ability to anticipate needs are essential, along with comfort with ambiguity and excelling in a dynamic, evolving landscape. The role offers an intellectual challenge, a desire to learn, and a commitment to building something impactful from the ground up, shaping the future of the bank with enthusiastic colleagues. The TD Bank Fair Banking & Compliance Analytics Team seeks a skilled professional to perform complex data integrity reviews within deadlines to ensure the accuracy and completeness of Home Mortgage Disclosure Act (HMDA) Loan Application Register (LAR) data prior to annual filing to the Consumer Financial Protection Bureau (CFPB). The specialist will leverage HMDA background to produce accurate reporting of findings for Senior Management across Business and Compliance Teams. Additionally, they will provide HMDA compliance support to Residential Lending, Small Business & Commercial, and/or Capital Market business lines, partnering with Compliance Unit Advisory teams to offer objective guidance promoting strong Compliance controls and processes. Responsibilities also include assisting in responses to regulatory examinations and internal audits, handling ad-hoc HMDA LAR requests, business inquiries, and reviewing policies/procedures for regulatory compliance.

Requirements

• Undergraduate degree or advanced technical degree preferred (e.g., math, physics, engineering, finance or computer science)
• 5+ year of relevant experience; higher degree education and research tenure can be counted
• Proficiency in Microsoft Office applications.
• Solid knowledge of Residential Lending and/or Small Business/Commercial Lending compliance advisory standards, procedures, laws, rules, regulations and controls.
• Solid knowledge of broader enterprise lending platforms (i.e. Encompass, nCino, Fidelity) and data sources with ability to interpret data.
• Skill in using analytical software tools, data analysis methods and reporting techniques.
• Ability to pay high attention to details and deliver under tight timeframes with multiple key stakeholders with different needs/requirements.
• Strong written and verbal communication skills including a demonstrated ability to clearly provide reports that identify and quantify risk.
• Ability to work independently and prioritize and manage own workload to deliver quality results and meet assigned timelines.

Nice To Haves

• Graduate's degree preferred
• Advanced knowledge of HMDA reporting requirements strongly preferred.
• Advanced knowledge of Wiz SaaS strongly preferred.
• Advanced knowledge of Encompass strongly preferred.
• Advanced Excel strongly preferred.

Responsibilities

• Perform complex data integrity reviews within deadlines to ensure the accuracy and completeness of Home Mortgage Disclosure Act (HMDA) Loan Application Register (LAR) data prior to annual filing to the Consumer Financial Protection Bureau (CFPB).
• Leverage HMDA background to produce accurate reporting of findings identified in data integrity reviews which are provided to Senior Management across Business and Compliance Teams.
• Provide HMDA compliance support to Residential Lending, Small Business & Commercial, and/or Capital Market business lines.
• Partner with the Compliance Unit Advisory teams to present objective guidance to the business lines promoting strong Compliance controls and processes that are in effect to mitigate inherent associated risk.
• Assist in response to periodic examinations by regulatory agencies and internal audit.
• Handle ad-hoc requests related to the HMDA LAR.
• Handle business specific inquiries.
• Review policies, procedures, and other business line documents to ensure compliance with regulatory requirements.
• Lead on the interpretation of complex business issues, generate multifaceted insights and identify opportunities to help drive business growth or address business/enterprise needs.
• Present and communicate generated insights and recommended business actions to stakeholders/business leaders in an easily digestible manner, leveraging tools/techniques/methods to produce a variety of visualizations/presentations that fit the audience.
• Act as the primary interface with business to bridge and translate business requirements to analytics and reporting needs for a given domain/business.
• Apply collaborative and strong stakeholder management approach to constructively influence and persuade stakeholders and partners where appropriate.
• Serve as an authority on a given business domain and provide business expertise to place context around analytics discovery and inform recommendations.
• Escalate data/process related problems and communicate to relevant teams in a timely manner and make recommendations for resolution.
• Provide day-to-day support and delivery of analytics.
• Represent functional area as a business insights & analytics specialized expert.
• Synthesize complex and vast amount of information and translate into actionable insights and strategy.
• Build business requirements and facilitate project execution to develop insights.
• Collaborate with partners on business challenges and deliver fact-based analytical advice that aligns to strategy and drives shareholder value.
• Identify opportunities for business growth within a specific business or function by identifying potential use cases and value drivers.
• Utilize both quantitative and qualitative methodologies to interpret and present data effectively and clearly.
• Work directly with the business teams to gather the demand for analytics and work with the analytics hub to fulfill the analytics demand.
• Provide business explanation for anomalies/outliers identified during analysis.
• Work with business functions and analytics teams to transition business requirements to analytics requirements.
• Train business users on how to integrate analytics into decisions.
• Leverage knowledge of data capabilities to build and deliver insights.
• Develop analysis to corroborate initial proof of concept.
• Execute on data requests accurately and within a timely manner.
• Identify and investigate data/analytics related issues.
• Ensure business operations are in compliance with applicable internal and external requirements (e.g. financial controls, segregation of duties, transaction approvals and physical control of assets).
• Lead/facilitate and/or implement action/remediation plans to address performance/risk/governance issues.
• Actively manage relationships within and across various business lines, corporate and/or control functions and ensures alignment with enterprise and/or regulatory requirements.
• Keep abreast of emerging issues, trends, and evolving regulatory requirements and assesses potential impacts.
• Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite.
• Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensures timely communication of issues/points of interest.
• Provide thought leadership and/or industry knowledge for own area of expertise in own area and participates in knowledge transfer within the team and business unit.
• Keep current on emerging trends/developments and grows knowledge of the business, related tools and techniques.
• Participate in personal performance management and development activities, including cross training within own team.
• Keep others informed and up to date about the status/progress of projects and/or all relevant or useful information related to day-to-day activities.
• Contribute to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.
• Lead, motivate and develop relationships with internal and external business partners/stakeholders to develop productive working relationships.
• Contribute to a fair, positive and equitable environment that supports a diverse workforce.
• Act as a brand ambassador for your business area/function and the bank, both internally and/or externally.

Benefits

• Base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan)
• Health and well-being benefits
• Savings and retirement programs
• Paid time off (including Vacation PTO, Flex PTO, and Holiday PTO)
• Banking benefits and discounts
• Career development
• Reward and recognition

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 101-250 employees