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United Bank · 3 hours ago

HMDA/CRA Compliance Specialist

Charleston, SC

Full-time

Onsite

Mid, Senior Level

3+ years exp

United Bank is seeking a HMDA/CRA Compliance Specialist responsible for ensuring compliance with the Home Mortgage Disclosure Act (HMDA) and Community Reinvestment Act (CRA) reporting requirements. The role involves maintaining Loan Application Registers (LARs), conducting data reviews, coordinating with business units for compliance, and assisting in audits and regulatory exams.

BankingCredit CardsFinancial ServicesLendingVenture CapitalWealth Management

Responsibilities

Assist in creation and maintain the Bank’s LARs, including HMDA data and CRA Small Business/Farm loans. Electronically submit required LARs to the Consumer Financial Protection Bureau (CFBP) in timely manner

Independently conduct review and validation of loan data to ensure accuracy of LARs and compliance with the HMDA regulation; identify any inconsistencies and recommend improvements

Coordinate with business units to obtain data and provide support to ensure compliance with the HMDA regulation. Provide results of testing, assist with developing controls to address inconsistencies or issues identified, and review procedures to ensure business units are accurately collecting and reporting loan data

Monitor and review changes in laws and regulations regarding HMDA and CRA

Prepare for internal audits and regulatory exams, and aid in the completion of the annual risk assessment

As needed, collect data and prepare reports for management including, but not limited to the Fair Lending or CRA departments

Serve as a department lead in assisting HMDA/CRA Analysts and Analyst Srs, as well as serve as the point of contact for the department when the Sr HMDA Compliance Manager is unavailable or out of the office

Assist the HMDA Compliance Manager with efficient workflow administration and other department responsibilities as needed

Qualification

HMDA complianceCRA complianceFair Lending SoftwareConsumer protection lawsBusiness analyticsRegulatory focusAnalytical thinkingMicrosoft OfficeTeam leadershipProblem solvingDetail oriented

Required

High school diploma or equivalent required

Minimum three (3) years' experience in in HMDA and/or CRA operations or audit required

Minimum two (2) years' experience and working knowledge of consumer protection laws and regulations that impact financial institutions, including HMDA and CRA required

Demonstrated ability to lead teams and supervise workflows required

Experience working with HMDA, CRA, and Fair Lending Software is required

Ability to work independently with little supervision required

Ability to provide guidance on regulations to various business units required

Strong technical skill required

Advanced proficiency in Microsoft Office applications, particularly Outlook, Excel and Word required