Hybrid HMDA CRA Data Specialist-Tupelo chez Guaranty Bank

                                                                                                                               Job Description

HMDA/CRA DATA SPECIALIST

Position Summary:

The HMDA/CRA Specialist is responsible for management of the Bank’s data collection processes, which are critical to ensure adherence to the reporting requirements under the Home Mortgage Disclosure Act (HMDA) and the Community Reinvestment Act (CRA). Under direction of the Director of Compliance, this person will manage data collection, validation, and reporting requirements mandated by HMDA & CRA. The HMDA/CRA Specialist must be receptive to ongoing regulatory training and adapt to process changes necessary to ensure compliance with regulatory requirements. The HMDA & CRA Specialist must become familiar with the products and services offered by the bank, including their coding and loan/application documentation.   

Essential Functions-Primary Responsibilities and Accountabilities (90%):

Reasonable Accommodations Statement

To accomplish this job successfully, an individual must be able to perform, with or without reasonable accommodation, each essential function satisfactorily.  Reasonable accommodations can be made to help enable qualified individuals with disabilities to perform the essential functions.

Essential Task Statement(s)

   Branch Credit/Ownership (80%)

• HMDA (Home Mortgage Disclosure Act) Compliance

1. Collect, validate, and submit HMDA data in accordance with Regulation C.
2. Track HMDA data exceptions in the bank’s loan exception tracking platform within TESLAR.
3. Monitor loan application registers (LARs) for accuracy and completeness, including review of quality and validity edit checks throughout the year to ensure appropriate validation of data. 
4. Conduct periodic audits of HMDA reportable applications and loans.
5. Stay current on HMDA rule changes and advise on policy and procedure revisions. 
6. Assist with staff training on HMDA data collection and reporting requirements.
7. Monitor and analyze data to identify disparities.

• CRA (Community Reinvestment Act) Compliance

1. Collect, validate, and submit CRA data in accordance with large bank requirements in Regulation BB.
2. Monitor loan registers (LRs) for accuracy and completeness.
3. Track CRA data exceptions in the bank’s loan exception tracking platform within TESLAR.
4. Stay current on CRA data collection requirements and advise on policy and procedure revisions. 
5. Assist with staff training on CRA data collection and reporting requirements. 

• Regulatory Reporting and Audit Support
  1. Prepare and submit required regulatory reporting (e.g., HMDA LAR, CRA LR)
  2. Respond to internal and external audit requests.
  3. Fulfill data collection requests during regulatory examinations. 
• Escalate systemic data capture challenges to Loan Operations and the Director of Compliance.
• Carry out assignments discreetly, effectively and efficiently with sensitivity to confidentiality.  
• Provide reports and analysis of HMDA and CRA data from documentation to the CRA officer on an as--needed basis.

   Customer Service (10%)

• Assist in facilitation of HMDA and CRA training sessions for various Bank personnel, as needed.
• Ensure continuing development of professional relationships with management and colleagues. 

Additional Functions-Secondary Responsibilities and Accountabilities (10%)

  Additional Task Statement(s)

• Work overtime, as needed.
• Provide assistance to other departments as needed.
• Perform other duties that may be assigned and requested.
• Participate in limited travel associated with offsite training.

Position Qualifications

   Education:       Required – High School Diploma or equivalent.

                                Preferred – Post –secondary certificate or degree, experience will be considered.

Experience:     Required – 1 to 2 years of experience in banking or related field and a working knowledge of Excel spreadsheets.

Preferred – 3 to 5 years of experience in banking Compliance, HMDA/CRA, Lending or a related area

 with knowledge of HMDA and CRA requirements and underwriting. Working knowledge of Teslar, and Marquis Compliance Data Platform (formerly known as Centrax).

  Licenses and 

  Certifications: Required – None

                                Preferred – None

Position Requirements

  Competency Statement(s)

• Accountability (core value) – Always do what we say and hold one another accountable.
• Accuracy – Thorough with strict attention to detail; does work right the first time; identifies and corrects errors; produces complete and error free work.
• Active Listening – Gives full attention to what others are saying, attentive to others’ ideas and concerns; asks questions to clarify understanding.
• Conceptual Thinking – Notices similarities between different and apparently unrelated situations.
• Confidentiality (Core Value) – Always maintains strict confidentiality.
• Community Development (Core Value) – Always committed to community development.
• Critical Thinking – Apply rules and logic to situations; considers factors beyond the initial information given.
• Data entry – Proficient alpha/numeric data entry skills.
• Detail oriented – Concentrates on routing work details; carefully monitors and examines one’s own and others’ work; ensures accuracy in documentation and data.
• Ethical Conduct – Conducts oneself consistently with sound banking practices and standards, upholding the values of Guaranty Bank.
• Integrity (Core Value) – Always act with integrity and honesty.
• Respect (Core Value) – Always treats others with respect.

Physical Requirements:

Physical requirements needed to perform the above essential duties, with or without reasonable accommodation, may be requested from Human Resources.

 General notice: The bank has reviewed the job description to ensure the essential functions and basic duties are current.  This job description describes the general nature and level of work performed by the employee holding this position.  It provides guidelines for the job expectations and the knowledge, skills, and abilities necessary to perform successfully in this position.  This job description in no way states or implies that these are the only duties to be performed. Additional duties and responsibilities may be assigned by supervisors as deemed appropriate.  This position does not constitute an employment agreement between the Bank and employee.  This position description is subject to change as the needs of the bank and the requirements of the position change.