Campus Pride Jobs

This job was posted by https://www.arjoblink.arkansas.gov : For more information, please see: https://www.arjoblink.arkansas.gov/jobs/4399423

The Loan Servicing HMDA Specialist I 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.

ESSENTIAL DUTIES AND RESPONSIBILITIES

1. Maintains a working knowledge of the Home Mortgage Disclosure Act (HMDA) requirements and the bank\'s lending practices and procedures to perform a thorough and accurate comparative loan analysis. This duty is performed daily, about 20% of the time.

2. Ensures the lender accurately completes the HMDA Questionnaire within the LOS. This duty is performed daily, about 10% of the time.

3. Inspects all HMDA-related fields within the LOS to ensure completion and accuracy. This duty is performed daily, about 15% of the time.

4. Reports any issues or concerns about non-compliance with HMDA regulatory requirements. This duty is performed daily, about 15% of the time.

5. Collaborates in the update of HMDA policies and procedures. This duty is performed as needed, about 5% of the time.

6. Reviews loan application data and credit files for accuracy in reporting consistent with the requirements of HMDA. This duty is performed daily, about 10% of the time.

7. Analyzes and interprets loan applications and related documents gathered during the loan underwriting process to decision. This duty is performed daily, about 10% of the time.

8. Coordinates with various departments to resolve inconsistencies in applications and loan data to recommend warranted changes to ensure efficiency and accuracy in reporting HMDA data. This duty is performed as needed, about 10% of the time.

9. Performs periodic HMDA information audits. This duty is performed as needed, about 5% of the time.

10. Complete required BSA/AML training and other compliance training as assigned. This duty is performed quarterly.

11. The ability to work in a constant state of alertness and in a safe manner. This duty is performed daily.

12. Perform any other related duties as required or assigned.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty mentioned satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

EDUCATION AND EXPERIENCE

Knowledge of a specialized field (however acquired), such as basic accounting, computer, etc. Equivalent of four years in high school, plus night, trade extension, or correspondence school specialized training, equal to two years of college, plus 4 years related experience and/or training, or equivalent combination of education and experience.

COMMUNICATION SKILLS

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.

MATHEMATICAL SKILLS

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.

CRITICAL THINKING SKILLS

Ability to solve practical problems and deal with a variety of known variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, or diagram formats.

SOFTWARE KILLS REQUIRED

Intermediate: Spreadsheet, Word Processing/Typing

Basic: 10-Key, Accounting, Alphanumeric Data Entry, Database, Presentation/PowerPoint

ADDITIONAL INFORMATION

-Must have strong organizational skills and the ability to prioritize multiple competing tasks seamlessly and with excellent attention to detail.