HMDA Loan Closing Specialist

The SouthState story is one of steady growth, deep community roots, and an unwavering commitment to helping our customers move forward. Since our beginnings in the 1930s to becoming a trusted financial partner across the South and beyond - we are known for combining personal relationships with forward-thinking solutions.

We are committed to helping our team members find their success while maintaining the integrity of our values: building trust, fostering lasting relationships and pursuing excellence. At SouthState, individual contributions are recognized, potential is cultivated and team members are inspired to achieve their greater purpose. Your future begins here!

SUMMARY/OBJECTIVES

It is the responsibility of the HDMA Loan Closing Specialist to take ownership of all tasks and challenges that they encounter in the operation of their assigned position. To follow the policies and procedures of the Bank, exercising competency in the performance of position responsibilities while exhibiting courtesy, respect, and a professional demeanor to the Bank's customers and all employees of the Bank. To work for the success of the Bank by ensuring that the bank is in compliance with federal laws and regulations by assisting the Chief Compliance Officer or Director of Loan Closing, and other members of the Compliance Risk Management Department or Loan Closing Department within specified duties and responsibilities.

ESSENTIAL FUNCTIONS

• Reading, analyzing, and interpreting loan applications and other loan documentation to appropriately code loans for HMDA reporting purposes.
• Reviewing loan data and credit files on a monthly basis to verify the accuracy of data reporting on the HMDA LAR.
• Coordinating with various lending departments within the bank to resolve errors or inconsistencies found within the HMDA data.
• Maintaining a good working knowledge of the Home Mortgage Disclosure Act to ensure the CRA LAR is accurately prepared and maintained.
• Stay up-to-date with the bank's current lending practices and processes in order to perform a thorough and accurate comparative analysis of HMDA data.
• Ensuring that accurate information needed for filing the LAR is provided in a timely and accurate manner as agreed to with the Enterprise Compliance team.
• Assisting in the maintenance and update of HMDA data collection and verification procedures.
• Identifying and reporting potential concerns or non-compliance with the HMDA regulatory requirements.
• Performing other department duties as assigned to coordinate the well working of the Compliance Risk Management Department or Loan Closing Department.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

COMPETENCIES

• Must have a strong attention to detail and ability to meet established deadlines; Ability to coordinate multiple projects, including steady stream of new projects; Ability to interface well with all departments and with people of varying level, title and knowledge; Excellent oral and written communication skills; knowledge of Compliance rules and regulations; Must be comfortable with PC work and be able/willing to adapt to new software if/as needed.

Qualifications, Education, and Certification Requirements

• Education: High School Diploma required; 1-2 years banking experience preferred.
• Experience: Ability to coordinate multiple projects, including steady stream of new projects; Ability to interface well with all departments and with people of varying level, title and knowledge; Excellent oral and written communication skills; Must be detail oriented and experienced in using Microsoft Excel

• Certifications/Specific Knowledge: Good interpersonal skills, good computer skills, ability to read, write, speak and understand English

TRAINING REQUIREMENTS/CLASSES

Required annual compliance training, New Employee Orientation On the job training and any additional training as needed (i.e. MS Excel, MS CRM, Report Writing and Processing Program, General Ledger and Financial Reporting Program and Core Processing System). Compliance Seminars/Webinars as available and within department schedule

PHYSICAL DEMANDS

Must be able to effectively access and interpret information on computer screens, documents, reports, and cash denominations, and identify customers. This position requires a large amount of time in front of a computer. This can be done sitting or standing with use of the right desk. This position may require bending and reaching.

WORK ENVIRONMENT

For telecommuters or hybrid if applicable: Telecommuting roles no matter if hybrid or 100% full time telecommuting must have a secure home office environment that is free from background noise and distractions. They must also have a reliable private internet connection that is not supplied by use of cellular data (hot spot). Cable or fiber connections are preferred. Requirements are subject to change, as new systems and technology is delivered.

TRAVEL

Travel may be required to come to meetings as needed.

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Equal Opportunity Employer, including disabled/veterans.