HMDA Compliance Representative Position Available In DeSoto, Mississippi
Tallo's Job Summary: The HMDA Compliance Representative at BankFirst Financial Services in Hernando, MS ensures adherence to Home Mortgage Disclosure Act regulations. Responsibilities include monitoring lending practices, analyzing data, and providing insights on compliance issues. Qualifications include 2+ years in compliance or auditing within banking, strong HMDA knowledge, and data analysis skills. The role contributes to fair lending practices and regulatory compliance.
Job Description
HMDA Compliance Representative BankFirst Financial Services – 3.5
Hernando, MS Job Details Estimated:
$49.8K – $69.4K a year 15 hours ago Qualifications Data analysis skills Mid-level Analysis skills Lending 2 years Communication skills Banking Full Job Description About the
Role:
The Compliance Representative for HMDA plays a crucial role in ensuring that our organization adheres to the Home Mortgage Disclosure Act regulations. This position is responsible for monitoring and analyzing lending practices to ensure compliance with federal and state laws. The representative will work closely with various departments to gather data, prepare reports, and provide insights on compliance issues. By identifying potential risks and recommending corrective actions, the Compliance Representative helps maintain the integrity of our lending processes. Ultimately, this role contributes to the organization’s commitment to fair lending practices and regulatory compliance.
Minimum Qualifications:
At least 2 years of experience in compliance, auditing, or a related role within the banking industry. Strong understanding of HMDA regulations and compliance requirements.
Preferred Qualifications:
Experience with data analysis and reporting tools. Knowledge of other regulatory requirements affecting the banking and lending industry.
Responsibilities:
Review and analyze loan applications and related documents to ensure compliance with HMDA regulations. Prepare and submit accurate HMDA reports to regulatory agencies in a timely manner. Collaborate with internal teams to provide training and guidance on compliance-related matters. Stay updated on changes in regulations and industry standards to ensure ongoing compliance.
Skills:
The required skills for this position include strong analytical abilities, which are essential for reviewing loan applications and identifying compliance issues. Attention to detail is critical, as the Compliance Representative must ensure that all reports are accurate and submitted on time. Effective communication skills are necessary for collaborating with various departments and providing training on compliance matters. Familiarity with data analysis tools will enhance the representative’s ability to conduct audits and prepare reports. Additionally, a proactive approach to staying informed about regulatory changes will support the organization’s commitment to compliance.
