HMDA Quality Assurance Specialist

HMDA Quality Assurance Specialist at Talently HMDA Quality Assurance Specialist at Talently in Franklin, Massachusetts Posted in 6 days ago.

Type:

full-time

Job Description:

Job Title:

HMDA Quality Assurance Specialist Location:

On Site -

Franklin, Massachusetts, United States Salary:

$55,000-$60,000

Skills:

HMDA compliance, mortgage post-closing, regulatory auditing, loan documentation review About the Banking Company /

The Opportunity:

Join a reputable leader in the banking industry, dedicated to delivering comprehensive mortgage and lending solutions for individuals, families, and businesses. This role offers a unique opportunity to ensure regulatory compliance and drive quality standards within mortgage operations. As a HMDA Quality Assurance Specialist, you will collaborate with cross-functional banking teams to safeguard compliance, streamline critical lending processes, and support the growth and integrity of the financial services offered to the community.

Responsibilities:

Assist in the development and execution of internal quality assurance programs for pre-funding and post-closing of loans, ensuring adherence to bank policies and regulatory requirements. Conduct in-depth mortgage file post-closing reviews, verifying legal, origination, and closing documentation for compliance accuracy. Collect, validate, and analyze loan data to ensure full compliance with HMDA requirements, including precise data entry and reporting. Perform second-level review of HMDA data and collaborate on process and procedural improvements, training, and auditing. Participate in the design and rollout of HMDA procedures, controls, and internal auditing programs; facilitate annual LAR submission. Provide backup support for compliance assessments, servicing audits, and additional loan servicing functions as needed. Prepare monthly HELOC review reports and support FNMA funding, conversions, and reconciliations. Deliver exceptional customer service, addressing internal and external requests related to HMDA and post-closing processes.

Must-Have Skills:

Minimum of 2 years' experience in loan post-closing and HMDA quality assurance within the banking sector. Strong knowledge and understanding of lending processes, post-closing documentation, and regulatory compliance standards. Demonstrated experience with HMDA regulations and reporting requirements. Exceptional attention to detail and accuracy in data entry and loan documentation review. Proficiency in Microsoft Office applications, particularly Excel, Word, and Outlook.

Nice-to-Have Skills:

Experience with loan origination systems such as Finastra Mortgagebot LOS. Familiarity with HMDA software solutions, especially QuestSoft. Excellent organization and customer service skills. Ability to interpret loan documentation, disclosures, and complex procedures. Strong communication skills for interdepartmental collaboration and customer service support.