Alliant Credit Union
Sr. Associate HMDA Compliance Specialist (Perm - Hybrid at our Chicago HQ near O'Hare Airport)
In this role, you will be responsible for the scrubbing and reconciliation of HMDA data gathered from first mortgage, HELOCs and other reportable transactions. Ensure data accuracy of HMDA reportable transactions to comply with Reg C, Home Mortgage Disclosure Act (HMDA) reporting requirements. Compile and scrub reportable, HMDA related, transaction data from various sources. Assist to prepare and deliver the annual HMDA LAR to the CFPB.
Responsibilities
- Assist to prepare and maintain the loan application registers (LARs).
- Scrub assigned HMDA reportable transactions against core systems and final documentation following established policies and procedures.
- Communicate data corrections to the appropriate business units to ensure data source (core systems) is corrected.
- Report and review findings or data issue trends collaborating with management and team and maintain adherence to completion schedule requirements.
- Adhere to established policies, standards, and procedures for how the remediation and monitoring programs are designed to function.
- Maintain integrity and ethics in actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.
- Stay up to date with the Home Mortgage Disclosure Act (HMDA) requirements.
Education:
- High School or Equivalent
Years of Experience:
- 3 year - HMDA data scrubbing - Minimum
Compensation & Benefits:
Typical hiring range: $58,800 - $83,050 Annually. Actual compensation will be determined using factors such as experience, skills & knowledge.
Additional Compensation: Annual performance bonus
Benefits: Alliant provides a benefits package including health care, vision, dental, and 401k with employer match.
Additional Benefits:
- Work from home up to 3 days a week
- Paid parental leave
- Employee discount programs
- Time off including paid personal and sick days
- 11 paid holidays
- Education reimbursement
*Note that eligibility and cost of benefits can vary depending on the number of regularly scheduled hours, and job status such as regular full-time, regular part-time, or temporary employment.
Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.
The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.
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