Loan Compliance Coordinator

Wheatland Bank; Spokane (WA); On-site; USD 24,000 - 37,000; Full time

Benefits offered by this job

Health insurance

401(k) and profit-sharing plans

Generous paid time off (PTO)

Job summary

Wheatland Bank in Spokane, Washington is looking for a compliance officer to oversee HMDA, CRA, and small business loans reporting. The role involves analyzing and interpreting loan documentation to ensure compliance with regulations.

The ideal candidate should have a bachelor's degree, 5 years of banking experience, and knowledge of federal laws. This position offers a competitive salary and comprehensive benefits package including medical, dental, and retirement plans.

Qualifications

• 5 years of banking experience preferred.
• Strong community involvement.

Responsibilities

• Review and report on HMDA, CRA, and small business loans.
• Apply knowledge of state and federal laws for compliance.
• Coordinate with departments to resolve loan data inconsistencies.
• Prepare reports regarding compliance data for management.
• Assist with training on lending-related laws.

Skills

Working knowledge of lending and banking products

Strong analytical skills

Excellent written and verbal communication skills

Strong organizational skills

Ability to work independently

Education

Bachelor's degree in business, finance or related field preferred

High school diploma required

Tools

Word

PowerPoint

Excel

Job description

About The Role

This position is responsible for reviewing and reporting the divisions Home Mortgage Disclosure Act (HMDA), Community Reinvestment Act (CRA) and small business, small farm loans. Oversee other reporting functions for the Loan Operations Department as assigned.

Pay range: $23.98 - $35.98/hour

DUTIES AND RESPONSIBILITIES

Compliance

• Apply a working knowledge of state and federal laws and regulations, including RESPA/TILA (TRID), HMDA, ECOA, OFAC, E-Sign Act, AML, GLBA, and BSA.
• Analyze and interpret loan applications and related documentation gathered during the loan underwriting process to appropriately code for HMDA and CRA reporting purposes.
• Coordinate and collaborate with various departments within the bank to resolve inconsistencies in loan data and recommend changes that will ensure the efficiency and accuracy of reporting HMDA and CRA data.
• Assist in training on lending related laws and regulations and provide technical lending compliance support to loan staff.
• Review consumer related documentation and disclosures to ensure compliance.
• Perform lending compliance monitoring procedures for the bank, in accordance with the bank's compliance monitoring program, to achieve monitoring objectives.
• Prepare various reports and other information regarding HMDA, Community Reinvestment Act (CRA), and Fair Lending per regulatory guidelines.
• Prepare reports detailing errors, resolution, and trends for HMDA and CRA data to management and the division's compliance committee.
• Monitor and review lending documentation for compliance with regulations, including but not limited to adverse actions, consumer loans and commercial loans.
• Review applications and tracking for ReB B Compliance timing regulations.
• Identify, troubleshoot and resolve compliance errors in the Loan Origination System.
• Maintain a thorough understanding of state and federal laws and regulations related to bank compliance, including bank secrecy and anti-money laundering laws applicable to the position.
• Assist with other duties or special projects as assigned by management.

CRA

• Maintain an understanding and working knowledge of banking operations as they relate to CRA regulatory compliance and the CRA Program.
• Community Development activities
• CRA small business/small farm and HMDA data collection requirements
• Innovative and flexible lending products the bank offers
• CRA notification requirements
• CRA Public and branch file requirements
• Division community outreach, including bank financial literacy and bank marketing efforts
• Responsible for working directly with division employees to document CRA activities, certify the community development purpose, and support how and why the activity qualifies for community development tracking and reporting to CRA corporate. Community Development activities include:
• Community development loans
• Community development service activities including Financial Foundation Programs
• Community development donations, grants, and investments
• Regularly attend scheduled CRA meetings with other division coordinators, acting on CRA initiatives as directed by GBCI Corporate CRA and/or division management and communicating to appropriate GBCI and/or division personnel.
• Assist division management to identify, implement and document training that strengthens the CRA Program, including CRA, HMDA, and Fair Lending for division employees, especially new employees.
• Attend CRA related training as recommended by division management or corporate CRA officer.
• Comply with applicable laws and regulations, including but not limited to the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.

ADDITIONAL RESPONSIBILITIES

• Adhere to Wheatland Bank Core Values
• Keep management informed of area activities and any significant problems
• Provide exceptional customer service to all customers, both internal and external.
• Represent Wheatland Bank in a professional manner, including professional image, confidentiality, regular and consistent attendance, and punctuality.

About You

QUALIFICATIONS

• Bachelor's degree in business, finance or related field preferred
• High school diploma required
• 5 years of banking experience preferred

KNOWLEDGE, SKILL, ABILITY

• Working knowledge of lending, banking products and regulatory requirements
• Strong analytical skills
• Strong organizational skills
• Excellent written and verbal communication skills - ability to articulate in a professional manner
• Ability to work independently
• Good working knowledge of Word, PowerPoint and Excel
• Strong community involvement

PHYSICAL DEMANDS Perform primarily sedentary work with limited physical exertion and occasional lifting of up to 10 lbs. Must be capable of climbing or descending stairs in an emergency situation. Must be able to operate routine office equipment, including telephone, copier, facsimile, and calculator. Must routinely perform work on a computer for an average of 6-8 hours per day. Must be able to work extended hours when required or requested by management. Must be capable of regular, reliable and timely attendance.

What We Offer

COMPENSATION & BENEFITS Starting salary is dependent upon relevant experience and may vary based on the geographic location of the position. We offer an extensive benefits package that includes, but is not limited to medical, dental, vision, and life insurance. Coverage is available to employees and their eligible dependents in accordance with our written plan documents. You may also be eligible for a health savings account option, an Employee Assistance Program (EAP), a health rewards program, a retirement savings plan including 401(k) and profit-sharing plans, short and long-term disability benefits, education and training benefits, and discounts on banking products and services. We also offer a generous paid time off (PTO) plan and paid holidays. PTO accruals begin at 0.0745 per hour worked for our part-time employees up to a maximum accrual of 240 hours per year for certain full-time employees. PTO accruals are dependent on position, status (full time or part time), and years of experience in accordance with our PTO policy. Most full-time employees are also offered 6 paid holidays, and part-time employees are offered pro-rated paid holidays. In addition, employees in Utah and Nevada may be eligible for pay for certain state-recognized holidays. Visit our website for more details.

We are an Equal Opportunity Employer and qualified applicants, or employees, will receive consideration for employment without regard to race, color, religion, national origin, sex (including pregnancy), sexual orientation, gender identity, mental or physical disability, genetic information, protected veteran status, or any other category protected by applicable federal, state, or local laws.

Glacier Bancorp, Inc. does not sponsor applicants for work visas. All applicants must be legally authorized to work in the U.S.

No Recruiters or unsolicited agency referrals please.