Loan Compliance Coordinator

About The Role

Summary:

This position is responsible for reviewing and reporting the divisions Home Mortgage Disclosure Act (HMDA), Community Reinvestment Act (CRA) and small business, small farm loans. Oversee other reporting functions for the Loan Operations Department as assigned.

The pay range for this position is $23.98 - $35.98/hour

• Apply a working knowledge of state and federal laws and regulations, including RESPA/TILA (TRID), HMDA, ECOA, OFAC, E-Sign Act, AML, GLBA, and BSA.
• Analyze and interpret loan applications and related documentation gathered during the loan underwriting process to appropriately code for HMDA and CRA reporting purposes.
• Coordinate and collaborate with various departments within the Bank to resolve any inconsistencies in loan data and recommend changes warranted that will ensure the efficiency and accuracy of reporting HMDA and CRA data.
• Assist in training on lending related laws and regulations as well as provide technical lending compliance support to loan staff.
• Reviews consumer related documentation and disclosures to ensure compliance.
• Performs lending compliance monitoring procedures for the Bank, in accordance with the Bank’s compliance monitoring program, to achieve monitoring objectives.
• Prepares various reports and other information regarding HMDA, Community Reinvestment Act (CRA), and Fair Lending per regulatory guidelines.
• Prepare reports detailing error, resolution and trends for HMDA and CRA data to management and division’s compliance committee.
• Monitor and review lending documentation for compliance with regulations, including but not limited to adverse actions, consumer loans and commercial loans.
• Review applications and tracking for Reb B compliance timing regulations.
• Identify, troubleshoot and resolve compliance errors in the Loan Origination System.
• Maintain a thorough understanding of state and federal laws and regulations related to bank compliance including bank secrecy and anti-money laundering laws appropriate to the position.
• Assist with other duties or special projects as assigned by management.

• Maintain an understanding and working knowledge of banking operations as they relate to CRA regulatory compliance and the CRA Program including:
  • Community Development activities;
  • CRA small business/small farm and HMDA data collection requirements;
  • Innovative and flexible lending products the bank offers;
  • CRA notification requirements;
  • CRA Public and branch file requirements;
  • Division community outreach, including bank financial literacy and bank marketing efforts.
• Responsible for working directly with Division employees to document CRA activities, certifying the community development purpose, supporting how and why the activity qualifies for community development tracking and reporting to CRA Corporate. Community Development activities include:
  • Community development loans;
  • Community development service activities including Financial Foundation Programs;
  • Community development donations, grants and investments.
• Regularly attend scheduled CRA Meetings with other Division Coordinators, acting on CRA initiatives as directed by GBCI Corporate CRA and/or Division management and communicating to appropriate GBCI and/or Division personnel.
• Assist Division management to identify, implement and document (in accordance with GBCI Training Procedures) training that strengthens the CRA Program, including CRA, HMDA and Fair Lending for Division employees especially new employees.
• Attend CRA related training as recommended by Division Management or Corporate CRA Officer.
• Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.

• Adhere to Wheatland Bank Core Values.
• Keep management informed of area activities and any significant problems.
• Provide exceptional customer service to all customers, both internal and external.
• Represent Wheatland Bank in a professional fashion to include professional image, confidentiality, regular and consistent attendance, punctuality.

• Bachelor's degree in business, finance or…