First Financial Corporation Indiana Champaign , IL 61822
Posted 6 days ago
Job Title
HMDA/CRA Specialist
Status
Full-Time
Reports To
Home Equity Manager
Summary
Maintain compliance with the Home Mortgage Disclosure Act ("HMDA") and Community Reinvestment Act ("CRA") by performing file reviews, compiling, validating, and analyzing data elements required by the Acts. To maintain appropriate records / documentation necessary to successfully complete OCC examinations.
Typical Job Entry Requirements
(To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skills, and/or ability required.)
Thorough knowledge of lending (commercial, mortgage, consumer) products and processes.
Thorough knowledge of consumer compliance, fair lending laws and regulations.
Thorough knowledge of HMDA compliance, fair lending laws and related regulations.
Bachelor's Degree in a business related field is preferred but not required.
The ability to research, interpret, and apply current HMDA and fair lending regulations for appropriate compliance.
Proven analytical, problem solving skills.
Primary Activities
(Essential duties and responsibilities include the following. Other duties may be assigned. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.)
Performing file reviews of home equity loans for coverage and reporting under the HMDA requirements.
Compiling and verifying the required data elements for reportable loans.
Make recommendations to Home Equity Manager based on observations and findings from work performed.
Perform analysis and create reports as directed by the Chief Compliance Officer
Provide technical support concerning HMDA to Department Managers and Staff.
Performing quarterly reviews of HMDA data for accuracy.
Any other duties as assigned or required.
Professional Development
Competency/Skill Level
(The behaviors, knowledge, and motivations important to success in the job.)
Written and Oral Communication skills
Initiative/innovation
Problem Assessment and Solving skills
Customer Service Orientation
Problem Assessment and Solving Skills
Attention to Detail
Technical/Professional Knowledge
Tenacity
Planning/Organizing
Key Behaviors
Provides Proper Telephone Etiquette to Internal/External Customers
Services Internal/External Customer Requests/Inquiries
Reviews Required Documentation for Accuracy and Completeness
Personal Development as Established with Manager
Bank Secrecy Act
Maintain sufficient knowledge and understanding of the Bank Secrecy Act, Anti-Money Laundering/Anti-Terrorist Financing/PATRIOT Act and OFAC regulations
To be able to fulfill applicable requirements and responsibilities under the bank's related policies and programs.
Critical Job Elements
(Essential duties and responsibilities include the following. Other duties may be assigned. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.)
Generally good working environment with little exposure to noise, extreme temperatures or other adverse factors.
Limited physical effort required.
Regularly required to talk and hear. Frequently required to stand, walk, sit, use hands to finger, handle or feel objects, work tools or equipment, and reach with hands and arms. Vision abilities include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus.
Above average amount of pressure to work efficiently and accurately.
Considerable effort and eye strain from continued checking on the accuracy of all work leaving department.
Above average mental effort consisting of beyond normal levels of concentration, memory, complexity of decision making, time pressure, analytical thinking.
First Financial Corporation Indiana