COMPLIANCE ASSISTANT-HMDA ANALYST

The position of Compliance Assistant/HMDA Analyst is responsible for working closely with the Compliance Officer to ensure regulatory HMDA compliance is met.  Main job focus is working with the Bank’s HMDA (Home Mortgage Disclosure Act) data.  The collection, compilation, and submission of the HMDA data will assume two-thirds of working time.  Other duties will include assisting the Compliance Officer in clerical data entry, training materials, and other compliance support in monitoring as needed.

Essential Duties, Responsibilities & Expectations:

• Exhibit a sense of urgency to provide the finest of customer service at all times and in all forms of verbal and written communications.
• Identify and review reportable loans/applications across all business lines in accordance with established procedures.
• Collect, audit, organize, and record loan data onto the Loan Application Register (LAR)
• Stay current on HMDA regulatory changes and assist with research, maintaining of HMDA procedures, training, material preparation, and policy modifications.
• Assist with logging denials for annual comparison review (fair lending)
• Data entry of Red Flags, UDAAP forms, and Fraud Change of Address reports
• Participation in external training is expected (minimal overnight travel)
• Assist as required with regulatory exams and internal audits.
• Perform all other tasks requested as they relate to the Bank and its functions.

Supervisory Responsibilities:

None

Compliance:

All Team Members are accountable for compliance with all laws, regulations, and adherence to established internal controls and procedures when performing their job duties. Each Team Member is expected to be familiar with the legal and regulatory requirements and internal controls affecting his or her job responsibilities. It is the affirmative duty of each Team Member to carry out these responsibilities at all times in a manner that complies with all applicable legal and regulatory requirements and internal controls. All Team Members shall be responsible for communicating upward, problems in operations, noncompliance with the code of conduct, or other policy violations or illegal actions. Team Members must participate in required training on pertinent compliance laws and regulations as required by Signature Bank of Arkansas.

All Team Members will be committed to maintaining a high level of compliance with the Bank Secrecy Act and Anti Money Laundering, USA PATRIOT Act and Financial Recordkeeping regulations recognizing that all three acts are important tools in federal efforts to combat organized crime, terrorism, and drug trafficking.

Education / Experience:

• High school diploma or general education degree required; college degree preferred.
• Minimum of 2 years previous banking experience preferred; exposure to lending preferred.

Skills / Knowledge / Abilities:

• Ability to effectively communicate courteously and professionally in English (both written and oral) before groups of customers, team members, and management of the Bank.
• Attention to detail, with strong analytical skills.
• Strong computer skills and ability to utilize all necessary software applications including Microsoft Office. Excel experience is required.
• Ability to interact well with customers to include calm and professional reasoning with upset or confused customer or team member.
• Strong listening skills.
• Excellent organizational skills with ability to effectively handle multiple tasks simultaneously in a detailed manner.
• Solid problem-solving skills with the ability to think critically.
• Ability to maintain current knowledge on banking regulations.
• Ability to effectively present information and respond to questions from team members, managers, customers, and the general public.
• Good interpersonal communication skills with the ability to develop rapport with individuals at all levels of the organization.
• Sound reasoning and judgment skills.
• Must be self-motivated, able to work accurately and independently while seeking advice under appropriate conditions.

Working Conditions / Environment / Potential Hazards:

• General office environment.
• May be necessary to work extended hours.
• Periodic travel.
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical Requirements:

• Able to sit or stand for an extended period of time.
• Able to lift up to 25 pounds.
• Use of fine motor skills.