Regulatory Reporting Analyst III

Responsibilities

• Maintain LARs by: Ensuring the LARs are complete and accurate throughout the year
• Maintaining and updating data in the data collection software, as needed
• Perform periodic reviews of the LARs to ensure data integrity
• Review reports to detect and correct errors on reportable applications, loans, and lines
• Aid in performing reviews of validity edits, statistical edits, and quality edits to assure accuracy of the LARs
• Assist with special projects assigned by the Regulatory Reporting Compliance Manager and/or the Fair and Responsible Banking Director
• Coordinate, assist and maintain LARs by performing data imports, downloads, exports, report generation, and data capture
• Evaluate any deficiencies for root cause(s) and make recommendations to management to correct deficiencies to line of business (LOB) systems and processes
• Aid in submission processes including coordination and perform reviews of logic, validity edits, statistical edits, and quality edits to assure the accuracy of the LARs
• Participate in real-time analytical analysis of LAR and Non-LAR data used in developing reviews and processes for the analytical team
• Support analytic performance and assessment in all lending lines
• Aid the Regulatory Reporting Compliance Manager in determining the bank’s training needs
• Work in conjunction with department, business line management and IT with incorporating any regulatory change(s) impacting regulatory reporting
• Provide guidance, as needed, to Regulatory Reporting Analysts regarding accurate LAR reporting, fair lending best practices and other issues as they arise
• Handle special projects that analyze and interpret LAR data assigned by the Regulatory Reporting Compliance Manager and/or the Fair and Responsible Banking Director
• Aid the Regulatory Reporting Compliance Manager with internal audits, regulatory exams, and compliance, including ensuring policies and procedure documents are kept up to date
• Perform additional duties as assigned.

Qualifications

• 4 year college degree with 2+ years related work experience, preferably in regulatory reporting (HMDA/CRA LAR) in a midsize or large bank environment
• -OR- 2 year college degree with 3+ years related work experience, preferably in regulatory reporting (HMDA/CRA LAR) in a midsize or large bank environment
• -OR- High School graduate with 5+ years related work experience, preferably in regulatory reporting (HMDA/CRA LAR) in a midsize or large bank environment
• Advanced knowledge of the Home Mortgage Disclosure Act (HMDA/Reg C.)
• Advanced knowledge of the Community Reinvestment Act (CRA/ Reg. BB)
• Advanced knowledge of policies, practices, and operations that impact to data collection and reporting
• Adept at using loan underwriting and servicing systems
• Knowledge of lending (mortgage, consumer, small business) bank-specific policies, practices, and operations
• Knowledge of loan underwriting and servicing systems such as: ACTion, Partners, B2B, FIS, M&I, or other like platforms
• Knowledge of specialized analytical software such as: CRA Wiz, Lending Patterns, Risk Exec, or other like platforms
• Advanced knowledge of federal and state banking laws and regulations
• Advanced Computer skills (Excel, Database management)
• Ability to work independently and as a team for collaboration when needed
• Advanced attention to detail and quality, accurate, organized, and dependable
• Leaderships skills: Decision Making, Problem Solving, and Managing Conflicts
• Advanced communication skills (presentation and written)
• Ability to train others
• Certified Regulatory Compliance Manager (CRCM) preferred