Mortgage HMDA Specialist

Mortgage HMDA Specialist

The Mortgage HMDA Specialist audits closed and cancelled loan packages to ensure HMDA compliance reporting is accurate.

Essential Responsibilities:

• Processing and performing reviews of non-originated loans to ensure compliance with Reg. B, Fair Credit Reporting Act and Consumer Compliance Regulations, and determine that the correct action was taken in the loan decision.
• Utilizing and managing daily workflow through reporting and Encompass pipeline views/dashboards.
• Assist in pipeline management using Encompass pipeline views
• Perform loan-level HMDA compliance reviews on closed loans to ensure LOS (Encompass) matches source documentation.
• Document all findings and provide meaningful information regarding loan file exceptions.
• Reviewing and processing Pre-Qualification Adverse Action Notices to ensure disclosure compliance, logging, and on-time delivery
• Processing "Notice of Incomplete" letters to ensure timely delivery and cancellation
• Assist with mailing duties for Adverse Action Notices
• Conduct target audits as requested by management and provide Team Lead and Manager status reports as requested.
• Understand and maintain knowledge of federal requirements and continue to remain current with any updates or changes in procedures.
• Review 20 files a day with a minimum of errors
• Maintain confidentiality
• Obeys all applicable federal laws, rules, and regulations relating to Anti-Money Laundering (AML), including the Bank Secrecy Act (BSA).

Minimum Required Skills & Competencies:

• Has excellent written and verbal communication skills
• Has strong attention to detail
• Is able to work under pressure and in an ever-changing regulatory environment
• Is able to meet deadlines
• Has a high-level of expertise in Microsoft Excel and Word software and overall computer proficiency

Desired Skills & Competencies:

• Mortgage experience, especially in origination, processing, or compliance
• Experience with Encompass software

Physical Requirements:

• Express or exchange ideas by means of the spoken word via email and verbally
• Exert up to 10 pounds of force occasionally, use your arms and legs, and sit most of the time
• Have close visual acuity to perform activities such as analyzing data, viewing a computer terminal, reading, and preparing documentation
• Not substantially exposed to adverse environmental conditions
• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential responsibilities of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential responsibilities.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.