Compliance Officer

General Description

We are seeking a dedicated Compliance Officer to support our HMDA and CRA Reporting Program and who will be responsible for ensuring the accuracy, completeness, and regulatory compliance of small business lending data reported under the Community Reinvestment Act (CRA) and Home Mortgage Disclosure Act (HMDA).
This position supports the organization’s compliance efforts by performing detailed reviews of loan data, identifying discrepancies and working with internal teams to correct and prevent errors. The ideal candidate needs to have a strong understanding of HMDA & CRA requirements, attention to detail, experience with small business lending, approach to data analysis and a passion for data quality and regulatory compliance.

Essential Duties and Responsibilities

•    Review and validate small business loan data for CRA reporting accuracy and completeness.
•    Review and validate HMDA data for accuracy, completeness, and consistency.
•    Perform quality control checks to ensure data aligns with regulatory requirements and internal policies.
•    Identify and escalate data discrepancies and collaborate with relevant departments to resolve issues.
•    Assist in preparing CRA & HMDA submissions and ensure timely reporting to regulatory agencies.
•    Maintain documentation of quality review processes, findings, and corrective actions.
•    Monitor regulatory changes and support updates to internal procedures and systems.
•    Contribute to CRA performance evaluations and reporting efforts.
•    Support internal audits and regulatory examinations related to CRA small business lending & HMDA.
•    Stay current on HMDA regulatory updates and contribute to process improvements.
•    Provide feedback and support to loan operations and compliance teams regarding HMDA data requirements.

Education

Bachelor’s degree in Business Administration, Finance, Economics or a related field. 

Experience

Minimum of 3 to 5 years of experience in compliance, lending operations, or data quality.
Working knowledge of HMDA & CRA regulations, particularly small business lending requirement.

Other Qualifications

•    Strong analytical and problem-solving skills.
•    Excellent attention to detail and organizational skills with the ability to prioritize projects and meet changing deadlines.
•    Experience with Loan Origination Systems (LOS) and HMDA reporting tools.
•    Experience with loan systems and CRA reporting tools.
•    Effective communication skills and ability to work collaboratively across teams.
•    Familiarity with Fair Lending and CRA regulations.
•    Experience with data analysis tools (e.g., Excel, SQL, Tableau).
•    Knowledge of CRA exam processes and documentation standards.
•    Strong oral and written communication skills in English and Spanish.

Values