Loan Servicing HMDA Specialist II

Centennial Bank•Conway, AR

21h

About The Position

The Loan Servicing HMDA Specialist II is responsible for reviewing application and loan information contained in the Loan Origination System (LOS) to determine HMDA reportability, verify whether the correct action as defined by the Home Mortgage Disclosure Act (HMDA) for all related loans has been taken, and perform reporting on the HMDA Loan Application Registry (LAR) for applicable data points.

Requirements

Broad knowledge of such fields as accounting, marketing, business administration, finance, etc. Equivalent to a four year college degree, plus 4 years related experience and/or training, or equivalent combination of education and experience.
Ability to read and understand documents such as policy manuals, safety rules, operating and maintenance instructions, and procedure manuals; ability to write routine reports and correspondence.
ability to read, analyze, and understand general business/company related articles and professional journals; ability to speak effectively before groups of customers or employees.
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts such as fractions, ratios, and proportions to practical situations.
Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
Intermediate: Database, Spreadsheet, Word Processing/Typing
Basic: 10-Key, Accounting, Alphanumeric Data Entry, Presentation/PowerPoint
Four (4) years of related experience and/or training
Must have strong organizational skills and the ability to prioritize multiple competing tasks seamlessly and with excellent attention to detail.

Responsibilities

Maintains a working knowledge of the Home Mortgage Disclosure Act (HMDA) requirements and the banks lending practices and procedures to perform a thorough and accurate comparative loan analysis.
Ensures that lenders complete the HMDA Questionnaire within the LOS accurately.
Inspects all HMDA-related fields within the LOS to ensure completion and accuracy.
Reports any issues or concerns about non-compliance with HMDA regulatory requirements.
Collaborates in the update of HMDA policies and procedures.
Reviews loan application data and credit files for accuracy in reporting consistent with the requirements of HMDA.
Analyzes and interprets loan applications and related documents gathered during the loan underwriting process to decision.
Coordinates with various departments to resolve inconsistencies in application and loan data to recommend warranted changes to ensure efficiency and accuracy in reporting HMDA data.
Performs periodic HMDA information audits.
Completes required BSA/AML training and other compliance training as assigned.
The ability to work in a constant state of alertness and in a safe manner.
Perform any other related duties as required or assigned.