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Loan Compliance Data Specialist

Company:
Stellar Bancorp, Inc.
Location:
Houston, TX, 77020
Posted:
May 07, 2024
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Description:

The Loan Compliance Data Specialist is responsible for documentation support for compliance with Community Reinvestment Act (CRA) and/or Home Mortgage Disclosure Act (HMDA) and related regulations.

Responsible for accurate and timely collection of the CRA and/or HMDA data to report to the Compliance Department and Fair Lending division.

Additionally, ensures compliance with Bank policies and procedures, as well as, applicable state and federal banking regulations.

ESSENTIAL DUTIES AND RESPONSIBILITIES 1.

Data Integrity review for HMDA and small business loans.

2.

Compile the data required for input to the HMDA and small business LAR.

a.

Review new and renewed loans.

b.

Review denied/withdrawn loans.

c.

Assemble the data required.

d.

Collect documents needed to support the data input to LAR.

3.

Conduct internal quality assurance evaluations for compliance and correcting errors found during data integrity review.

4.

Report Compliance issues to the Loan Operations Compliance Manager.

5.

Support the Compliance Department and Fair Lending Division as needed.

6.

Assist with regulatory, internal, and external audit requests.

7.

Attend compliance webinars/seminars to maintain knowledge of compliance updates/changes.

MINIMUM REQUIREMENTS These specifications are guidelines based on the minimum experience required to perform the essential functions of the job.

Individual abilities may result in some deviation from these guidelines: * Bachelor's degree or 3 years of related experience; or the equivalent combination of education and experience.

* Work-related experience must consist of Lending Compliance, Loan Operations department, or Loan documentation compliance.

* Educational experience, through formal school or financial industry related curriculum, is required to be applicable to the financial industry, preferably in loan compliance.

Stellar Benefits: We believe that empowering people goes far beyond the workplace.

That's why we've designed our benefits to help foster your health and prosperity, so you can best support yourself, your loved ones and your communities * Health Care Coverage, no waiting period * Dental/Vision * STD/LTD * Annual Performance Bonus Eligible * 401K with company match * Paid Vacation * Volunteer days * Travel Stipend * Tuition Assistance * And More What it Means to Be Stellar: Stellar Bank came to be in 2023, when Allegiance Bank and Community Bank of Texas joined forces.

What emerged was a financial institution like no other.

Stellar bankers set the standard for responsive, relationship-based community banking.

We have the resources, dedication and personal focus to out-bank the big banks and out-service the small banks.

Our customers see us as a vital part of the team.

We are their financial experts who go above and beyond to help them form a plan and get it done Join Stellar Bank and, yes, you'll be providing outstanding banking.

But you'll be achieving something much greater.

At Stellar, we empower people to thrive.

This is our purpose.

This would be your purpose.

Here you'd be part of a supportive culture where relationships bond, individuals grow, communities prosper and careers flourish.

You can make a difference at Stellar - for yourself and for everyone around you.

Stellar Bank does not discriminate on the basis of race, color, religion, national origin, sex, disability, familial status or any other characteristic protected by applicable federal, state, or local laws, regulations and ordinances.

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