COMPLIANCE ASSISTANT-HMDA ANALYST

Job Summary

The position of Compliance Assistant/HMDA Analyst is responsible for working closely with the Compliance Officer to ensure regulatory compliance responsibilities are met. Primary responsibilities include identifying, collecting, auditing, maintaining, and submitting the Bank's Home Mortgage Disclosure Act (HMDA) data and supporting related reporting and monitoring activities. Additional duties include assisting the Compliance Officer with regulatory examinations, audits, training administration, committee documentation, and other compliance support functions as needed.

Essential Duties, Responsibilities & Expectations

• 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.
• Afford assistance with logging denials for annual comparison review (fair lending).
• Afford assistance with tracking and reporting activities related to ID Theft Prevention (Red Flags) and Address Changes reports.
• Afford assistance with preparation of Compliance Committee materials, including agendas, minutes, reports, and supporting documentation.
• Afford assistance with administration of the Bank’s compliance training platform, preparation of training reports, identification of HMDA-related training opportunities, and tracking completion records.
• Afford assistance with compliance monitoring activities and regulatory reporting functions as assigned.
• Afford assistance with regulatory examinations and internal and external audits, including preparation of supporting documentation and responses to information requests.
• Participate in external training is expected (minimal overnight travel).

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.