Home Mortgage Disclosure Act Clerk

Job Position:                          Home Mortgage Disclosure Act Clerk

Reports To:                            Compliance Officer

Department:                          Compliance / CAO

Job Status:                             Non-Exempt

Job Summary: This position is responsible for the gathering, analyzing, and reporting of compliance information related to the Home Mortgage Disclosure Act (HMDA).

Under the direction of Compliance Officer

Essential Duties:

• Identify loans which may be HMDA reportable utilizing queries, HMDA sheets from lenders, and decline notices
• For loans or declines determined to be HMDA reportable, gather information necessary to be recorded on the Loan Application Register (LAR)
• Validate the data entered onto the LAR, ensuring that each data point is supported by documentary evidence from the loan or loan related file
• Work independently with lenders, the Compliance Officer, and management to resolve actual or potential HMDA data discrepancies or conflicts
• Prepare entries into the LAR accurately and in a timely manner
• Participate, as a team member, in HMDA Committee meetings
• Represent the Bank, in association with the Compliance Officer, in audits and exams related to HMDA compliance
• Submit the validated LAR annually as instructed
• Required training and compliance with Bank Secrecy Act/Anti-Money Laundering policies, procedures, including identification of suspicious activity, CTR (Currency Transaction Report) preparation and other job specific policies/procedures pertaining to this position
• May perform other duties and cross-train as required by business needs

 
Minimum Qualifications:

• Ability to maintain highest level of confidentiality
• Strong understanding of bank's core computer systems, CIF functions, loan codes
• Strong familiarity with computer online systems
• Ability to identify and prioritize task requirements, monitor progress toward accomplishment and meet deadlines
• Ability to develop and maintain organizational structure
• Ability to coordinate a variety of activities and prioritize work, with special attention to detail
• Strong understanding of bank regulations and bank operations and uses his/her technical and interpersonal /problem-solving skills
• Strong clerical skills including filing, typing, 10-key, and answering the phone
• Skills in the operation of a personal computer, online systems, word processing, spreadsheet software, and intra/internet
• Ability to communicate effectively both verbally and in writing
• Ability to establish and maintain effective working relationships
• Ability to operate a fax and copy machine
• Ability to drive and/or travel to other bank locations as needed

 Physical Requirements:

• Must be able to remain in a stationary position constantly
• The person in this position needs to occasionally move about inside the office to access file cabinets and other office machinery; such as a copy and/or fax machine
• Constantly operates a computer and other office productivity machinery; such as a calculator, copy machine, and printer
• Frequently communicates with lenders, the Compliance Officer, and management to resolve actual or potential HMDA data discrepancies or conflicts. Must be able to exchange information in these situations
• Ability to transport file boxes to another work location (records vault)
• Ability to drive and/or ride in a vehicle to attend training or required meetings

Education / Experience:

• A high school diploma or equivalent
• Requires strong familiarity with computer online systems and 1 to 2 years experience in a banking/financial institution.

Bank of Eastern Oregon is an Equal Opportunity Employer of minorities, women, protected veterans, and individuals with disabilities.

This job description is subject to change and other functions may be assigned/reassigned at management's discretion. This job description in no way implies that these are the only duties, including essential duties, to be performed by the employee occupying this position.

This job description is not an employment contract. The aforementioned job requirements are subject to change to reasonably accommodate qualified disabled individuals. 

Current Openings for Home Mortgage Disclosure Act Clerk Jobs at Bank of Eastern Oregon